Vancouver, British Columbia--(Newsfile Corp. - March 7, 2018) - Secova Metals Corp. (TSXV: SEK) (FSE: N4UN) (OTC: SEKZF) ("Secova" or the "Company") is pleased to report encouraging results from the recently completed preliminary ground exploration program at the 100% owned Eagle River Gold Project ("Eagle River") in the Abitibi greenstone belt area, Urban-Barry township of Quebec, Canada.
Secova commenced the Phase 1 exploration program at the Eagle River by having Geotech Ltd., of Aurora, Ontario fly a helicopter borne VTEM ("Versatile Time Domain Electromagnetic") Plus survey over a portion of the property (940 line kilometres with 100m spacings on a total of 8,540 hectares). Longford Exploration Services' ("Longford") geophysical consultants completed interpreting the high-resolution data from the airborne and it was reported that the survey indicated 19 distinct anomalies that needed further exploration. An exploration program was designed that consisted of prospecting, geological mapping, and the collection of 30 till samples.
Of the 30 till samples taken and sent to Overburden Drilling Management in Ottawa for analysis, 29 of the samples contained gold grains, with results as high as 108 gold grains per sample (68 grains per 10kg of sample). A correlation between gold in till and the geophysical anomalies is observed with the best samples being "down ice" from geophysical anomalies. The results from the collected till samples were all in the south part of the VTEM exploration area. An interpretation of this result is that the samples may have been transported down ice which would lead to the conclusion that, assuming the particles did not travel more than 4 to 6 kilometers, the source of the gold would be within the Secova claims.
Till samples are taken from leftover glacial material and are generally analysed for their gold grain count. They are designed to pick up trace amounts of mineralisation and can be used as an important discovery tool.
"Longford did a great job in both identifying the anomalies and potential location of down ice results. The exploration program returned over a 96% success rate of finding gold particles. Not only that but some of the results, like 4 g/t Au are exciting when thinking about the next exploration steps. Although only a few of the results were pristine, there is a very high likelihood that all particles were sourced within Secova's claim boundaries. These results compare very favourably to the Osisko till sampling study conducted on their Windfall property in 2015," Stated Brad Kitchen, C.E.O. of Secova. "The Company will develop a further exploration plan to better delineate where the gold particles were sourced potentially leading to a drill program in the near future."
The following table and map show the results from the Eagle River till sampling program and the location of the till samples:
Sample | Visible Gold Grains | Visible Gold Grains per 10kg |
6690001 | 108 | 68 |
6690002 | 18 | 11 |
6690003 | 5 | 3 |
6690004 | 6 | 4 |
6690005 | 35 | 23 |
6690006 | 35 | 24 |
6690007 | 25 | 12 |
6690008 | 27 | 17 |
6690009 | 35 | 23 |
6690010 | 14 | 9 |
6690011 | 6 | 4 |
6690012 | 9 | 5 |
6690013 | 0 | 0 |
6690014 | 23 | 10 |
6690015 | 21 | 12 |
6690016 | 52 | 21 |
6690101 | 46 | 24 |
6690102 | 34 | 14 |
6690103 | 43 | 17 |
6690104 | 18 | 10 |
6690105 | 45 | 29 |
6690106 | 45 | 20 |
6690107 | 35 | 19 |
6690108 | 55 | 23 |
6690109 | 56 | 21 |
6690110 | 23 | 14 |
6690111 | 20 | 13 |
6690112 | 21 | 12 |
6690113 | 43 | 25 |
6690114 | 35 | 19 |
Table 1: Till sample results