EvertonResources Inc. said April 27 that it acquired 136 gold claims inthe James Bay area of Quebec.
The claims were acquired using DIAGNOS' property Computer AidedResource Detection System to target the gold potential in the Detour Lake areaof Quebec.
The new claims cover 7,437 hectares. Everton issued 1.7million common shares and paid C$25,000 on signing to DIAGNOS for a list oftargets on the areas of interest.
Everton will pay an additional C$25,000 in 90 days followingthe signing, in addition to granting DIAGNOS a 2% net smelter return royalty.Everton may acquire 1 percentage point of the royalty by paying DIAGNOS C$1million in cash.