DRILL RESULTS FROM ZONE PRINCIPAL AT THE DUVAY-CHENIER GOLD PROJECT, QUEBEC SHOW EXTENSIVE NEAR SURFACE GOLD MINERALIZATION
VANCOUVER, BRITISH COLUMBIA – March 5, 2018 Tres-Or Resources Ltd. (“Tres-Or”or the “Company”; TSX-V: TRS, OTCPK: TRSFF) and Secova Metals Corp. (TSX.V: SEK FSE: N4UN USA: SEKZF) are pleased to report results from 7 holes into the Duvay Zone Principal as part of its 2017 drill program at the Duvay-Chenier Gold Project, located 20 kms northeast of Amos, and 65 km north of Val-d’Or, Quebec.
The results include high gold values within long mineralized intervals such as 19.29 g/t Au over 1.5 m within a 51.0 m interval of 0.69 g/t Au and 9.51 g/t Au over 1.5 m within a 93.0 m interval of 0.24 g/t Au (see Table 1 for details). The results point to a priority target of gold mineralization that may extend from the Zone Principal towards the previously announced new discovery of gold in the northern shear zone (news release December 13, 2017).
Table 1: Drill results from the Duvay Zone Principal.
“These results are extremely encouraging as they start to put together the pieces of the puzzle that make up the near surface gold model of the Zone Principal. If we combine the results from DV17-06 with Tres-Or’s 2011 drill hole DV012-11, the result is approximately 1.2 g/t Au over 51.0 m starting at surface. Geologists Harrison Cookenboo and Tres-Or’s Laura Lee Duffett are methodically building value at Duvay”, says Brad Kitchen, Chairman and CEO of Secova.
Gold mineralization in the Duvay Zone Principal is strongly associated with quartz veins. The more abundant the quartz veins, the more likely to intersect gold. Nuggety gold has been reported at Duvay since at least the 1940s. Bulk samples have reported very encouraging sample grades (e.g. 7.1 g/t Au from 40 tonnes in 1940, and 5.68 g/t Au from 3,302 tonnes in 1986; see Map 1 below). Laura Lee Duffett, President and CEO of Tres-Or said,”In 2011Tres-Or completed 9 mini-bulk samples of 10 tonnes each, with the best recovery of 0.77 g/t Au, including visible gold, by simple gravity concentration alone, with low sulfide content, reflecting the association of gold with quartz”.
Historical drill results from the same areas include some reported high-grade intervals such as 402.03 g/t Au over 0.3 m, and 83.19 g/t Au over 1.0 m, but large bulk sample results tend to be 2 to 10 times higher than nearby drilling overall, according to property reports from the late 1980s.
Tres-Or’s work in 2010 to 2012 confirmed this nugget effect with the 83.19 g/t Au over 1 m interval showing visible gold in a 0.5 m thick quartz vein (50.0 to 51.0 m depth in DV012-11), as shown in Map 1. This 2011 drill hole was drilled vertically to 75 m from essentially the same collar location as drill hole DUV17-06 from the 2017 program, which was drilled at an angle of 65 to the southeast, where it intersected 19.29 g/t Au over 1.5 m within a broad zone of strong quartz veining carrying 0.69 g/t Au over 51.0 m (3.0 to 54.0 m depth). If the vertical hole from 2011 and drill hole DUV17-06 from the 2017 program were considered together like one hole, they would approximate 1.2 g/t Au over 51.0 m, pointing to strong gold mineralization in this area.
The second best interval from Tres-Or’s 2011 drill program was from hole DV11-005, which was drilled from the southeast to within 25 m of the bottom hole location of DUV17-06. This older Tres-Or drill hole returned 5.22 g/t Au over 1 m between 18.0 and 19.0 m depth.
The second best interval from the 2017 program was in DUV17-08, which was drilled 100 m southwest of DUV17-06. DUV17-08 intersected 9.51 g/t Au over 1.5 m between 16.5 and 18.0 m, from within a broad zone of strong quartz veining and gold mineralization at 0.24 g/t Au over 93.0 m (15.0 to 108.0 m).
Drill hole DUV17-09 lacked significant quartz veining and was not sampled.
Map 1: Duvay Zone Principal, showing the 2017 drilling in black. Stars are surface projections
of significant historical drill holes with > 2.5 g/t*m Au (metal factor).
Secova is exploring the Duvay-Chenier Property under an Option Agreement with Tres-Or Resources Ltd. to earn a 65% interest by completing exploration expenditures of $3.25 million by December 2018 ($750,000 completed). Tres-Or is the project Operator.
Laura Lee Duffett, P.Geo. and Harrison Cookenboo, Ph.D., P.Geo., 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.
On behalf of the Board of Directors
TRES-OR RESOURCES LTD.
“Laura Lee Duffett”
President and CEO
Tel: +1 604-688-8700
SECOVA METALS CORP.
Chairman, CEO and Director
Tel: +1 604-558-5397
About Tres-Or Resources Ltd.:
Tres-Or Resources Ltd. (TSX Venture: TRS) is a Canadian resource company focused on exploring for gold, base metals and diamond resources in the Abitibi-Témiscamingue regions in northwestern Quebec.
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. For further information see web site www.secovametals.com