Ann: Geophysics Results Demonstrate a Substantial Porphyry System, page-4

Next Steps Having concluded the highly encouraged geophysics program, EVR intends to continue with the following steps:
• Integrate all the information generated until now, including historical data that can be validated, and define future drilling targets.
• Execute a re-logging program of all historical drill hole cores currently in EVR's possession at its base camp near the project.
• EVR is considering partnership with a strategic partner to support the funding requirements to continue the exploration program focused on resource definition.
Hugh Callaghan, Managing Director of EVR, commented that “The recent Geophysics programme at Parag confirms our view that Parag is a compelling porphyry target. The breccias drilled to date have been an invaluable source of information and represent outcropping and shallow high grade mineralisation that can potentially support economic mining activity while the bigger porphyry system is explored. A number of larger strategic partners are already showing interest in the long-term potential of Parag.”