"An investment in knowledge pays the best interest."

Secova Metals Corp. (SEK.V) is moving toward the execution of the exploration plan recommended in the recently completed geoscientific compilation on its Duvay gold property (BMAG report). The company has the right to earn up to 90 per cent of the combined Duvay and Chenier claims from Tres-Or Resources Ltd. 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 geological compilation, including an analysis of the mineralization and structure of the gold zones on the Duvay property, suggesting a new model to find potential gold zones, using a new IPower 3-D induced polarization survey methodology and more efficient drilling.

"The gold 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 gold mineralization in the 700-metre-long-by-one-kilometre-wide area studied last spring. It provides guidelines to extend the exploration on strike over 3.3 kilometres based on geological evidence. We look forward to determining the presence of gold, 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 the company's press release dated Sept. 16, 2016, and read the full BMAG report on Secova's website.

The objective of the exploration program is to prepare and to drill 5,250 metres in 16 holes on eight target zones in three phases budgeted at $1.39-million. The targets may host gold in cigar-shaped steep-plunging narrow pipes along a 3.3 km 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 two underground levels (105 and 220 m), 331 drill holes and a small test pit started in 1991 by Sphinx. The IPower survey is proposed to extend along strike and follow up on interesting anomalies as the first phase. Phase 1 will also target several anomalies recommended for follow-up on the Duvay and Chenier property claims.

The Duvay project program is divided in 3 phases as follows:

  • Phase 1 continuing geoscientific compilation:
    • Add information from Chenier claims to database;
    • Conduct IPower 3-D survey along strike on Northwest Chenier claims;
    • Create a revised 3-D model and prepare sections/maps for drilling;

  • Phase 2 and phase 3 diamond drill holes:
    • Total anticipated drilling of 5,250 m in 16-drill-hole program to test eight target zones in two phases (half and half); phase 3 depends on results of phase 2;
    • Reconnaissance of Northwest area deep anomaly using IPower 3-D;
    • Study anomaly below the zone de la Fosse;
    • Study cigar-shaped mineralized zones deep connections;
    • Drill the five remaining cigar-shaped anomalies along the Main East and North shears;
    • Add drill data to the GEMS database and upgrade 3-D model with the drill results and IPower 3-D survey.

Historical exploration depth averaged 100 m. Secova's current exploration program depth is over 300 m. The consolidated Duvay property includes many other gold zones such as Grenadier West, East Mac, Bunker, Fontana not to mention others just outside of the property (such as Standard). Secova remains focused to develop its exploration program one step at a time.

 

http://www.secovametals.com