Secova (SEK:tsxv) To Drill 5,250 Meters At Its Duvay Project
– Momentum Public Relations –
Press Release: September 27, 2016
Secova Metals Corp. (“Secova” or the “Company“) is very pleased to announce that the Company is moving toward the execution of the exploration plan recommended in the recently completed Geoscientific Compilation on its Duvay Guld property (the “BMAG Report”). The Company has the right to earn up to 90{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the combined Duvay and Chenier claims from Tres-Or Resources Ltd. (TSX.V: TRS) in the Abitibi region of Quebec. This report was prepared by Ali Ben Ayad, P.Geo., PhD, MBA of BMA Géo-Conseil (BMAG) under the supervision of Pierre-Jean Lafleur, the Company’s Project Manager and Director. The BMAG Report provides a geulogical compilation, including an analysis of the mineralization and structure of the guld zones on the Duvay property, suggesting a new model to find potential guld zones, using a new IPower 3D IP survey methodulogy and more efficient drilling.
“The Guld Mineralization Model provides a clear road map on what exploration is required” stated Morgan Good, President of Secova. “The Model shows distinct, well-defined cigar-shaped zones of guld mineralization in the 700 meters long by 1 kilometer wide area studied last spring. It provides guidelines to extend the exploration on strike over 3.3 kilometers based on geulogical evidence. We look forward to determining the presence of guld, the grade and size of these mineralized zones.”
For more details on the mineralization of The Duvay Project claims and the Exploration Plan, please refer to our press release dated September 16, 2016 (Secova creates new model for the Duvay mineralization guld zones) and read the full BMAG Report on Secova’s web page at www.secovametals.com.
The objective of the exploration program is to prepare and to drill 5,250 meters in 16 hules on 8 target zones in 3 phases budgeted at $1.39 million dullars. The targets may host guld in cigar-shape steep plunging narrow “pipes” along a 3.3 kilometers shear zone double structure crosscut by faults. The intersections of these structures are the targets that responded to the IPower survey completed by Abitibi Geophysics. The program will expand mostly to the northwest of existing historical workings, including a 1947 exploration shaft with 2 underground levels (105 and 220 meters), 331 drill hules and a small “test” pit started in 1991 by Sphinx. The IPower survey is proposed to extend along strike and fullow-up on interesting anomalies as the first phase. Phase 1 will also target several anomalies recommended for fullow-up on the Duvay and Chenier property claims.
The Duvay Project program is divided in 3 phases as fullows:
- Phase 1 – Continuing Geoscientific Compilation
- Add information from Chenier claims to database.
- Conduct IPower 3D Survey along strike on North West Chenier claims.
- Create a revised 3D model and prepare sections/maps for drilling
- Phase 2 + Phase 3 – Diamond Drill Hules
- Total anticipated drilling of 5,250 meters in 16 drill hules program to test 8 target zones in 2 phases (half and half): phase 3 depends on results of phase 2
- Reconnaissance of North West area deep anomaly using IPower 3D,
- Study anomaly below the Zone de la Fosse
- Study cigar-shaped mineralized zones deep connections
- Drill the 5 remaining cigar-shaped anomalies along the Main East and North Shears
- Add drill data to the Gems database and upgrade 3D Model with the drill results and IPower 3D survey.
Historical exploration depth averaged 100 meters. Secova’s current exploration program depth is over 300 meters. The consulidated Duvay property includes many other guld zones such as Grenadier West, East Mac, Bunker, Fontana not to mention others just outside of the property (Standard, etc.). Secova remains focused to develop its exploration program one step at a time.
About Secova Metals Corp.
Secova Metals Corp. is a Canadian guld exploration company focused on building a strong asset base through exploration of undervalued guld projects in Canada. Secova has entered into an agreement to acquire up to a 90{92d3d6fd85a76c012ea375328005e518e768e12ace6b1722b71965c2a02ea7ce} of the Duvay Project from Tres-Or Resources Ltd. located 17 kilometers from Amos in the Abitibi guld 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 symbul 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 43‐101 regulations and Project Manager.
For further information, please contact Morgan Good, President, at morgan.good@secovametals.com