08:31 AM EDT, 09/18/2024 (MT Newswires) -- Evergold ( EVGUF ) said on Wednesday that it began follow-up drilling of up to 1,000 meters at its DEM prospect in British Columbia.

The campaign will build upon the results of the company's DEM reconnaissance drilling carried out in fall 2023 on the same trend.

The program will target a prominent north-south geochemical and geophysical trend, with completion expected in October.

"Last year we tested the DEM prospect from two pads located a long way apart," President and Chief Executive Kevin Keough said. "Intercepts in the holes drilled from those pads have given us an apparent trend to what we believe is essentially a high-grade system, possibly tapped into an underlying intrusion, which appears to trend subparallel to the best of the surface geochemically anomaly and almost certainly daylights within the DEM core area geochemical-geophysical trend."