SECOVA CREATES NEW MODEL FOR THE DUVAY MINERALIZATION GOLD ZONES
– Momentum Public Relations –
Press Release: September 16,2016
Secova Metals Corp. (SEK:tsxv) has received the completed geoscientific compilation on its Duvay gold property in the Abitibi region of Quebec. This report was prepared by Dr. Ali Ben Ayad, PGeo, PhD, MBA, of BMA Geo-Conseil (BMAG) under the supervision of Pierre-Jean Lafleur, the company’s project manager and director. The BMAG report provides a detailed analysis of the mineralization geology and structure of the gold zones on the Duvay set of claims, suggesting a new model to find new potential gold zones.
The report compiles all historic information since the Duvay gold discovery in 1944. It includes 331 drill holes entered in a computer database and verified by InnovExplo in Val d’Or using Gems 3-D software from Geovia. BMAG has compiled geological maps and all valid historical information with the drill holes, a local conventional IP (induced polarization) survey (2003) and the recently completed 3-D IPower survey performed by Abitibi Geophysics Inc. The result is a clearly defined geological model outlining a cigar-like morphology or shape hosting the highest quartz vein density which in turn is likely to host the gold-grade values. The gold is associated with sulphides (pyrite, chalcopyrite and, rarely, sphalerite) in perpendicular centimetric to decimetric quartz veins and veinlets, resulting from the intersections of two orthogonal structures (shears and faults). These intersections are outlined as cigar-like shapes about 50 metres to 100 metres in diameter to a possible depth of 300 metres or more. They plunge at a high angle (pitch of 50 degrees) in the slip direction (north 120 degrees and north 80 degrees). For more details, please read the full report on Secova web page.
Gold appears as native gold, in an erratic distribution but often spectacular in the quartz- carbonate veins. Locally, gold appears in 1 centimeter heap widths and is occasionally associated with chalcopyrite, sphalerite, and galena (Sphinx, 1988).
Historic drill holes were oriented across the direction of the shear zones to intersect mineralization from surface down to 150 meters at depth. They intersected mineralized zones with variable thickness and gold values. To recognize the economic potential of the cigar-shape ore shoot requires drilling following the ore shoot direction and pitch in the shear zone.
The most relevant information regarding the mineralization of these cigar-shape zones is highlighted by the underground mining exploration workings of 1946, in which Weber reports at a March 1951 PDAC Convention that good-grade ore was found over a length of 25 feet (approx. 7.5 meters) in a series of gently dipping quartz veins, vertical veins and stringers in the crosscut of the 725 foot level (approx. 220 meters). The main east-west fault is the point of origin of the quartz-filled vertical tension fractures which have proven to be the best gold- bearing veins at 350 foot level (approx. 105 meters).
The geophysical IP survey was limited to only the Duvay claims and at least six potential cigar- shape zones have been outlined. They are associated to the Main and the North shear zones that make up the Duvay shear corridor over a strike length of 700 meters. With the addition of the Chenier claims, the total shear zone strike length available for Secova’s exploration program has now increased to 3.3 kilometers expanding the potential discovery of new gold zones.
In addition to the localization at surface of the 6 potential zones, the 3D IPower Survey shows the existence of a new geophysical anomaly (chargeability and lower resistivity) at depth in the West limit of the survey in the Shear Zones Corridor. This geophysical anomaly remains very interesting by its structural position in the shear corridor, and appears interconnected with some of the cigar-shape zones, north and west of the shaft zone. This relatively deep (down dip level of approximately 200 meters) 3D IPower anomaly is likely due to the presence of quartz veining and disseminated sulphides. This interpretation is supported by a long drill hole (DUV-87-31: 732 meters) realized in 1978 at its east limit.
For more details, please read the full report on Secova web page at www.secovametals.com.
The new interpretation of the geology of the Duvay gold property will allow Secova to perform a very specific exploration program that will expand the area of the cigar-shaped mineralization envelopes along the Northwesterly 3.3 kilometers strike at surface and at depth which will extend the new geophysical 3D IPower anomaly located also in the shear corridor, north west of the shaft zone.
“The BMAG Report provides the Company with a new model and guide for drilling on these 6 cigar-shaped zones of mineralization that could continue at depth to at least 300 meters,” stated Morgan Good, President of Secova. “But the best part is that the BMAG Report shows that this model of gold mineralized zones could continue and may be found over the entire strike length of 3.3 km, potentially increasing this discovery by many multiples. We are looking forward to beginning our drilling in October to confirm the model and determine the grade of the gold mineralization. In parallel, an 3D IPower survey will be executed in the NW area of the shaft zone to extend the shears corridor deep anomaly until the mineralized Zone de la fosse.”
About Secova Metals Corp.
Secova Metals Corp. is a Canadian gold exploration company focused on building a strong asset base through exploration of undervalued gold projects in Canada. Secova has entered into an agreement to acquire up to 90{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the advanced stage Duvay and Chenier gold project in Amos, Quebec, located in the Abitibi gold belt, one of Quebec’s premier mining jurisdictions. The Company has plans to advance the development of Duvay as well as seek other avenues of growth through acquisition and mergers. Secova Metals trades on the TSX Venture, under the symbol SEK. Learn more about Secova at www.secovametals.com.
The technical information contained in this press release was verified by Pierre-Jean Lafleur in his capacity as a Qualified Person (Q.P.) under NI 43101 regulations and Project Manager.