TRES-OR AND SECOVA ANNOUNCE DRILL RESULTS FROM NORTHERN SHEAR ZONE AT THE DUVAY-CHENIER GOLD PROJECT
Vancouver, B.C. – December 13, 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 gold assay results from the Northern shear zone at the Duvay- Chenier Gold Project (the “Property”), located 15 km northeast of Amos, Quebec.
Currently, Secova is 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.
“We are very pleased with the gold assay results from the Northern shear zone as they suggest that mineralization extends 300 to 400 m north of the Main Duvay shear zone 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 zones of substantial concentrations of sulfides and black schist (Table 1). Hole DUV17-05, drilled from the same drill set-up as DUV17-01, 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 will require more drilling.
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 meters to the west of DUV17-01 (Fig. 1). DUV17-03 intersected locally sulfiderich pods between 30 and 65 m depth, which returned up to 0.42 g/t Au over 3.0 meters from 43.50 to 46.50 m depth (Table 2).
Table 2: Northern shear zone gold results from sulfide rich zone.
The Northern shear sulfide zone intercepted by hole DUV17-03 was identified as a resistivity target from an IP-resistivity ground geophysical survey (IPower3D) completed by contractor Abitibi Geophysics Inc. in 2016. The Company is encouraged that drilling has confirmed gold mineralization over long distances within Duvay’s Northern shear zone and aims to complete additional drill testing to better define extents and continuity.
Figure 1: Duvay 2017 drilling showing the Northern Shear zone drill hole locations.
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).
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.
“Laura Lee Duffett”
Laura Lee Duffett
President and CEO
Chairman and CEO