VANCOUVER, BRITISH COLUMBIA – December 13, 2017 – Secova Metals Corp. (“Secova” or the “Company”) (TSXV: SEK, Frankfurt: N4UN, USA: SEKZF) and Tres-Or Resources Ltd. (“Tres-Or”) (TSXV: TRS, OTCPK: TRSFF) are pleased to announce gold assay results from the Northern shear zone at the Duvay-Chenier Gold Project (the “Property”), located 15 km northeast of Amos, Quebec.
Secova is currently exploring the Duvay-Chenier Property under an option agreement with Tres-Or to earn a 65% interest by completing expenditures of $3.25 million by December 31st, 2018. Tres-Or is the Operator providing logistical, technical, and geologic services as well as reporting.
The Northern shear zone results are the first results from Secova’s Phase I exploration program. This program comprised 20 drill holes totaling 3207 m, and testing three main target areas.
These three target areas are:
1. the Northern shear zone that has a strong induced polarization (IP) chargeability target;
2. the Duvay Zone Principal; and
3. coincident magnetic/electromagnetic (EM) and structural targets 2 kms northwest of the Zone Principal, near Lake Obalski.
The Company also has collected quartz vein grab samples from the Grenadier gold occurrence which is located 2.5 km southeast of Duvay. The company is waiting for the results of approximately 1,000 more samples from both the drill and grab sample programs.
“We are very pleased with the gold assay results from the northern shear zone as they show mineralization extends 300 to 400 m north of the Duvay Main Shear and Zone Principal where most of the historic work and high gold values are located,” said Laura Lee Duffett, Tres-Or’s President.
The most significant results from the Northern shear zone were obtained in hole DUV17-01, which intersected 5.4 m of gold-bearing deformed quartz vein material as well as substantial concentrations of sulfides and black schist (Table 1). Hole DUV17-05 was drilled from the same collar location as DUV17-01 and intersected a correlative 4.5 m zone of deformed quartz vein, black schist and minor sulfides (Figure 1). Determination of the true thickness and three-dimensional orientation of the deformed quartz zone requires additional drill intersections.
Table 1: Northern shear zone gold results from thick deformed quartz vein.
A second style of gold mineralization was intersected in the northern shear zone by drill hole DUV17-03, 450 m to the west of DUV17-01 (Fig. 1). DUV17-03 intersected locally sulfide-rich pods between 30 and 65 m depth, which carry gold up to 0.42 g/t Au over 3.0 m from 43.50 to 46.50 m depth (Table 2).
Table 2: Northern shear zone gold results from sulfide rich zone.
This zone was identified as a resistivity target from the IP-resistivity ground geophysical survey (IPower3D) completed by contractor Abitibi Geophysics Inc. over the Duvay area in 2016. The Company is encouraged by confirming gold mineralization over long distances within Duvay’s northern shear zone and anticipates additional drill testing to better define extents and continuity.
Figure 1: Duvay 2017 drilling showing the Northern Shear zone drill hole locations.
About the Duvay-Chenier Gold Project
Visible gold was discovered at Duvay in the late 1930’s. Gold mineralization is associated with the northwest trending Duvay shear zone, a 3.3 km structure striking across the Duvay Gold Project, and intersecting northeast faults. The intersection of these deformation trends are potential points of enhanced gold mineralization. Historical gold results from the Duvay occurrence returned samples up to 402 g/t over 0.36m, 76.8 g/t over 0.46m and 34.6 g/t over 0.46m. Drilling and test pitting by Tres-Or supports this potential, with the best analytical drill results of 83.194 g/t gold (Au) over 1.0 m and 5.217 g/t Au over 1.0 m as well as 8 other intervals between 0.42 g/t Au and 1.93 g/t Au, for intervals between 1 and 7 m. Small (10 tonne) bulk samples were excavated and processed by Tres-Or in a test plant built at the Duvay site. The richest pit test (DVP-002) yielded a grade of 0.77 g/t Au from 10 tonnes, with concentrate values averaging 369.43 g/t Au (Technical 43-101 Report on the Duvay-Chenier Property for Secova Metals Corp, July 1, 2017).
2017 Drilling Program Sampling Protocols
The laboratory used is Techni-Lab Abitibi Inc. in Ste. Germaine de Boule, Quebec (ISO/IEC 17025; a division of Actlabs, Ancaster, Ontario). A one half split of the core was sampled, and the remainder stored for reference. At Techni-Lab, samples are analyzed for gold by traditional fire assay with atomic absorption finish, with those samples returning >1 g/t gold repeated using a 50g aliquot and gravimetric finish. Selected samples are also analyzed for multi-elements including silver, cobalt, copper and zinc by total digestion ICP at the Actlabs facility in Anacaster Ontario. Techni-Lab holds a certificate of accreditation conforming to ISO 17025:2005 for the processes used in this analysis.
Laura Lee Duffett, P.Geo. and Harrison Cookenboo, Ph.D., P.Geo., OGQ, are the qualified persons as defined in NI-43-101, who have reviewed and are responsible for the technical information presented in this news release.
For further information about Secova Metals Corp.:
Office: Tel: +1 604-558-5397
Email: firstname.lastname@example.org Website: www.secovametals.com
On behalf of the Board of Directors
SECOVA METALS CORP.
Chairman, CEO and Director
Tel: +1 604-558-5397
TRES-OR RESOURCES LTD.
“Laura Lee Duffett”
President and CEO
Tel: +1 604-688-8700
About Secova Metals Corp.:
Secova Metals Corp. (TSXV: SEK FSE: N4UN USA: SEKZF) is a Canadian resource company focused on developing resource assets within Quebec. Secova has an Option with Tres-Or to earn-in to the Duvay-Chenier gold project near Amos, Quebec. Secova also holds a 100% interest in the Eagle River project (over 20,000 hectares) which is on-trend and 10 km from the Windfall Lake gold project.
About Tres-Or Resources Ltd.:
Tres-Or Resources Ltd. (TSX-V: TRS, USA: TRSFF) is a Canadian resource company focused on exploring for gold, base metals and diamond resources in the Abitibi-Témiscamingue regions in northwestern Quebec. Additional information related to the Company is available at: www.tres-or.com .
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains “forward-looking information” that is based on the Company’s current expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the Company’s exploration and development plans. The words “will”, “anticipated”, “plans” or other similar words and phrases are intended to identify forward-looking information. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information.