PHASE I DRILL PROGRAM NEARS COMPLETION AT THE DUVAY-CHENIER GOLD PROJECT, QUEBEC
Vancouver, B.C. – September 26, 2017 - Tres-Or Resources Ltd. (“Tres-Or”) (TSX-V: TRS, OTCPK: TRSFF) and Secova Metals Corp. (“Secova”) (TSX-V: SEK, Frankfurt: N4UN, USA: SEKZF) are pleased to announce that the ongoing Phase I drill program at the Duvay-Chenier Property has completed 18 holes totaling more than 2,800 metres in length since its inception in August and nears Phase I completion. The Duvay-Chenier Property covers almost 8.000 hectares in the heart of Québec’s gold country, extending 7 to 25 kms northeast of Amos, Québec, and 65 kms 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 kms northwest of the Zone Principal, near Lake Obalski.
First (1) Drill Targets: NE shear zone/Strong IP anomaly
The program began with 5 holes testing the NE shear zone/strong IP chargeability target. This target is located approximately 400 m NE of the Duvay Zone Principal, in an area of relatively sparse historical work. The new drill tests of the NE 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 semimassive to massive sulfides. 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, Ontario) with the first results anticipated for the last week of September.
Second (2) Drill Targets: 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 1100 tonnes a piece. Historical drill results include highly enriched intervals, such as samples up to 403 grams per tonne (g/t) gold over 0.36 m, 76.8 g/t over 0.46 m (as reported in 1945 a Québec 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 3300 tonnes in 1986 returning a weighted average concentration of 5.67 g/t Au (as reported in Québec assessment work report # 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 8 drill holes have been submitted to Techni-Lab.
Third (3) Drill Targets: Coincident mag/EM anomalies near Lake Obalski
After completion of the NE fault tests at Duvay the drill moved to test multiple coincident magnetic/EM targets near Lake Obalski, 2 kms 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% interest by completing exploration expenditures of $3.25 million by December 31st, 2018. Tres-Or is the Operator and provides logistical, technical and geologic services and reporting.
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.
On behalf of the Board of Directors
TRES-OR RESOURCES LTD.
“Laura Lee Duffett”
Laura Lee Duffett
President and CEO
SECOVA METALS CORP.