Evrim Options Ermitano Property

VANCOUVER, BC - Evrim Resources Corp. has signed a five year option agreement with Silver Crest Mines Inc. whereby Silver Crest can acquire a 100% interest in the Company's Ermitaûo Property in the State of Sonora, Mexico, adjacent to Silver Crest's mine operations at Santa Elena.

Paddy Nicol, President and CEO of Evrim commented, "The Ermitaûo Property offers Silver Crest the means to fast track the potential discovery of additional resources in the vicinity of the producing Santa Elena Mine. This transaction aligns Evrim's initiatives with securing quality partners with financial strength to complete exploration work, and also satisfies the Company's desire for potential future cash flow."

Silver Crest can earn a 100% interest in the Ermitaûo Property by paying US$75,000 upon signing the Agreement and US$50,000 each anniversary thereafter, completing a minimum of US$500,000 in exploration expenditures in the first year, and delivering a Production Notice specifying mine and construction plans with accompanying permits. Upon vesting, Silver Crest will no longer be required to make the annual payments and Evrim will retain a 2% Net Smelter Royalty (NSR).

The Ermitaûo Property consists of two concessions (I and II) totaling 165 square kilometers of contiguous mineral tenure located approximately 145 kilometers from Hermosillo and immediately adjacent to Silver Crest’s Santa Elena Mine in Sonora, Mexico. Access to the property is by paved highway and secondary roads. Ermitaûo I and II are held 100% by Evrim's Mexican subsidiary subject to an underlying third party NSR of 2%.