Secova Metals Conducting Phase 1 Exploration Program at the Eagle River Project in the Windfall Lake Gold District
(firmenpresse) - SECOVA METALS CONDUCTING PHASE 1 EXPLORATION PROGRAM AT THE EAGLE RIVER PROJECT IN THE WINDFALL LAKE GOLD DISTRICT
VANCOUVER, BRITISH COLUMBIA - July 6, 2017 - Secova Metals Corp. ("Secova" or the "Company") (TSXV: SEK, Frankfurt: N4UN, USA: SEKZF) announces that it has commenced its initial exploration program on its 100% owned Eagle River Project in Quebec, Canada, which is located southeast of Osisko Minings Windfall Lake gold deposit and is adjacent to Bonterra Resources Gladiator project. The work started with a high-resolution helicopter borne VTEM (Versatile Time Domain Electromagnetic) Plus survey being flown by Geotech Ltd., of Aurora, Ontario.
Longford Exploration Services (Longford) geophysical consultants recently interpreted, from government regional electromagnetic (EM) surveys, several key areas with high concentrations of anomalies on a portion of the Eagle River project. The government survey covered 8540 hectares of the whole project. The Company quickly assembled Geotechs crew to start and have already completed the VTEM Plus survey which consisted of a 940 line kilometre survey at 100m line spacing over a key area of the project.
Geotechs field QA/QC procedures ensure that only the highest quality data is accepted. The project is currently in the Data Processing phase. The final processed survey data once received, will be interpreted along with existing geophysical data and priority targets will then be ground tested with applicable high-resolution ground geophysics, geological mapping and sampling to identify potential trenching and drill targets.
http://www.irw-press.at/prcom/images/messages/2017/40295/2017-07-6 SEK Secova Starts and Completes VTEM at Eagle River_PBK Finalprcom.001.png
Secova Metals Eagle River Project - area shown where VTEM Plus has just completed the airborne survey
We are very pleased to have commenced the Companys exploration on its wholly-owned Eagle River project. The airborne VTEM Plus geophysical program will provide us with exciting information critical to defining quality drill targets. Geophysical, electromagnetic, magnetic and induced polarization techniques have proven to be important tools for exploring the Urban Barry area, specifically with the Windfall Lake gold project. This is Secovas first step in evaluating the Eagle River project and a critical step in defining potential drill targets to test the anomalies. stated Chairman & CEO Brad Kitchen.
About Geotechs Proprietary VTEM Plus System
- VTEM system has the proven power, sensitivity and vertical resolution for mineralized targets ranging in size, massive sulphides to discrete disseminated sulphides, as well as has a depth of investigation of ~550m in this area.
- Low Base Frequency (30Hz) for penetration through conductive cover.
- This system is advertised to be able to delineate potential drill hole targets from the airborne results.
- The system is very well suited for the type of Au-bearing, sulphide mineralized stringer-stockwork and structurally controlled gold mineralization within this gold district.
For more information on Secova Metals Corp. please contact info(at)secovametals.com, Tel: +1 604-558-5397 or visit the website at www.secovametals.com for past news releases, media interviews and opinion-editorial pieces by CEO and Chairman Brad Kitchen.
On Behalf of the Board of Directors,
SECOVA METALS CORP.
Brad Kitchen
Chairman, CEO and Director
Tel: +1 604-558-5397
info(at)secovametals.com
SECOVA METALS CORP.
9th Floor - 1021 West Hastings St.,
Vancouver, BC
V6E0C3
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 Companys current expectations, estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with respect to the Companys 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 Companys actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information.
Leseranfragen:
Secova is a Canadian gold exploration company based in Vancouver, BC focused on building a strong asset base through exploration of undervalued Canadian gold projects. Secova has entered into an agreement to acquire up to 90% of the Duvay/Chenier advanced gold project in Amos, Quebec.
The Duvay/Chenier Gold Project is comprised of 174 claims covering over 7,766 hectares and is located in a favourable geological setting with potential for hosting either a near surface bulk tonnage gold deposit or an Archean shearhosted gold deposit. The project is a near surface high grade gold exploration project. Visible gold was discovered at Duvay in the late 1930s. Gold mineralization at Duvay is associated with a northwest trending shear zone and intersecting northeast faults. The property encompasses kilometric zones of intense carbonate alteration (ankerite) with quartz stockworks. Native gold occurs on the property as well as disseminated pyrite, chalcopyrite, sphalerite and minor galena. There has been a significant amount of exploration done on the Duvay Property by both Tres-Or and more recently, Aurizon Mines Ltd. who had optioned the property prior to their acquisition by Hecla Mining. It is the Company’s intention to compile this and other historic data, develop a comprehensive model and formulate an advanced stage exploration program to enhance the value of this significant asset for our shareholders.
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Sprache: Deutsch
News-ID 551336
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