01:56:40 EDT Sun 05 May 2024
Enter Symbol
or Name
USA
CA



Secova Metals Corp (2)
Symbol SEK
Shares Issued 163,174,879
Close 2017-08-11 C$ 0.05
Market Cap C$ 8,158,744
Recent Sedar Documents

Tres-Or, Secova start drilling at Duvay-Chenier

2017-08-14 08:08 ET - News Release

See News Release (C-TRS) Tres-Or Resources Ltd

Ms. Laura Duffett of Tres-Or reports

DRILLING UNDERWAY AT THE DUVAY-CHENIER GOLD PROJECT, QUEBEC

Tres-Or Resources Ltd. and Secova Metals Corp. have started phase 1 drilling at the Duvay-Chenier gold project, located 15 kilometres northeast of Amos, and 65 km north of Val d'Or, Que.

Drilling company Forage Herbert Inc. of Amos, Que., has a B-20 tracked drill rig on-site and drilling ahead. The first drill hole targeted a strong induced polarization chargeability anomaly 400 metres northeast of the main Duvay shear zone. The second drill hole is targeting the same chargeability anomaly to test the extent of the sulphide mineralization with depth. Phase 1 drilling comprises 3,500 metres of drilling targeting the high-priority Duvay zone principal, and extending northwest along the main Duvay shear and additional targets extending 3.5 km northwest toward Lake Obalski.

Concurrent with the Phase 1 drilling, Tres-Or is prospecting, mapping and sampling additional targets within the property. The Duvay-Chenier property covers nearly 8,000 hectares of contiguous claims about 65 km north of one of Canada's largest gold mines, the Canadian Malartic mine. The prospecting, mapping and field inspection are designed to better define the most promising new targets for a second phase of drilling.

Pioneer Aerial Surveys Ltd. completed flying seven distinct survey blocks over these priority targeted areas. The high-resolution UAV-MAGTM survey was completed in July and consisted of 662 tightly spaced line kilometres in seven survey blocks covering priority areas of the property requiring more detailed magnetic data. The survey measured the total magnetic intensity (TMI) with GPS readings at every 0.1 second (one metre) using an unmanned aerial vehicle (UAV). The plotted total magnetic values were corrected for diurnal variations using readings taken every six seconds by a synchronized local base station. Line spacing was 20 m with 150 m spaced tie lines. Final results are being processed and the companies are confident that further, previously untested areas on the Duvay-Chenier claims will provide priority drilling targets for a phase 2 drill program.

Tres-Or has optioned the Duvay-Chenier property to Secova to earn an undivided 65-per-cent interest in the Duvay-Chenier gold project by paying Tres-Or the sum of $500,000 (received), and incurring $3.25-million in exploration expenses over a three-year period. Secova is committed to expend $750,000 in exploration expenditures by the end of September, 2017, which commitment will be satisfied on completion of the work detailed herein. Tres-Or is the operator and provides logistical, technical and geologic services, and reporting.

Laura Lee Duffett, PGeo, and Dr. Harrison Cookenboo, PhD, PGeo, OGQ, are the qualified persons as defined in National Instrument 43-101, who have reviewed and are responsible for the technical information presented in this news release.

About Tres-Or Resources Ltd.

Tres-Or Resources is a Canadian resource company focused on exploring for gold, base metals and diamond resources in the Abitibi-Temiscamingue regions in northwestern Quebec.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.