Momentum Public Relations
Press Release: September 26, 2017
Ms. Laura Duffett of Tres-Or reports
PHASE I DRILL PROGRAM NEARS COMPLETION AT THE DUVAY-CHENIER GOLD PROJECT, QUEBEC
Tres-Or Resources Ltd. and Secova Metals Corp. have completed 18 holes totalling more than 2,800 metres in length in the continuing phase I drill program at the Duvay-Chenier property since its inception in August. The companies near phase I completion. The Duvay-Chenier property covers almost 8,000 hectares in the heart of Quebec’s gold country, extending seven to 25 kilometres northeast of Amos, Que., and 65 km north of Val d’Or. Access to the site is by paved highway from Amos, and power lines extend onto the property. Several large operating mines occur in the region, including the Canadian Malartic mine and the LaRonde mine (Agnico Eagle’s flagship mine), which are located about 60 km south of the Duvay drill program.
The phase I drill program has focused on three targets: 1) the northeast shear zone/strong induced polarization (IP) chargeability target; 2) the Duvay zone principal; and 3) coincident magnetic/electromagnetic (EM) and structural targets 2.5 km northwest of the zone principal, near Lake Obalski.
First drill target: northeast shear zone/strong IP anomaly
The program began with five holes testing the northeast shear zone/strong IP chargeability target. This target is located approximately 400 m northeast of the Duvay zone principal, in an area of relative sparse historical work. The new drill tests of the northeast shear zone have intersected encouraging thick deformed quartz veins (up to 5.4 m in the first hole, although true thickness remains unknown) and local semi-massive to massive sulphides. The most encouraging intersections have been sampled and shipped to the laboratory Techni-Lab (Techni-Labs Abitibi Inc. (ISO/IEC 17025 (CCN Lab 707), MDDEP, a division of Actlabs based in Ancaster, Ont.) with the first results anticipated for the last week of September.
Second drill target: Duvay zone principal
The drill moved next to test the zone principal, where historical work extending back to the 1930s includes an old exploration shaft, underground galleries, numerous drill holes and multiple bulk samples up to 1,100 tonnes a piece. Historical drill results include highly enriched intervals, such as samples up to 403 grams per tonne gold over 0.36 m, 76.8 g/t over 0.46 m (as reported in 1945 a Quebec government mineral showing report GM08214), as well as more recent results of 34.6 g/t over 0.43 m, 12.01 g/t over 1.53 m, 27.17 g/t over 1.14 m and 16.598 g/t over 1.76 m in Quebec assessment report GM47594 (1989), and up to 83.2 g/t Au over 1.0 m in Tres-Or drilling from 2011.
Bulk samples from the zone principal also reported intriguing results historically, including 3,300 tonnes in 1986 returning a weighted average concentration of 5.67 g/t Au (as reported in Quebec assessment work report No. GM47569). The current drill tests of the zone principal are designed to test northeast-trending faults extending from the main Duvay shear. Samples from each of these eight drill holes have been submitted to Techni-Lab.
Third drill target: Coincident mag/EM anomalies near Lake Obalski
After completion of the northeast faults test at Duvay the rill moved to test multiple coincident magnetic/EM targets near Lake Obalski, 2.5 km west-northwest of the zone principal. These tests are being completed now. The drill will then move back to the zone principal to complete the program.
Tres-Or and Secova are very encouraged by the program to date and look forward to the next stage of advancing the project which will focus on large diameter drilling and bulk sampling at the zone principal to confirm the encouraging historical bulk sample results.
Tres-Or has optioned the Duvay-Chenier property to Secova to earn a 65-per-cent interest by completing exploration expenditures of $3.25-million by Dec. 31, 2018. 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.
About Secova Metals Corp.
Secova Metals is a Canadian gold exploration company focused on building a strong asset base through exploration of undervalued gold projects in Canada. Management has demonstrated expertise in advancing gold exploration projects into acquisition targets, most notably in the province of Quebec. Secova has the exclusive right and option to acquire from Tres-Or Resources an undivided 65-per-cent right, title and interest in the contiguous Duvay-Chenier gold project. Secova can earn up to 90 per cent of the property (an additional 25-per-cent ownership) by financing a prefeasibility study after the initial exploration expenditures to bring the property towards production.
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