Company News – Thu 6 Jul, 2017

By Cory

Secova Metals Begins it’s Phase 1 Exploration Program at the Eagle River Project

The news below outlines that Secova Metals has commenced its exploration program on the Eagle River Project. This project is in a very hot area right now being on trend with Osisko’s Windfall Lake gold deposit (which continues to generate very nice drill results) and Bonterra Resources’s Gladiator project.

The initial exploration work will be a VTEM survey which will help to further identify drill targets so I do not expect this to be a market mover. When the drilling actual starts later this year will be, I believe, when the market pays close attention. Don’t forget that the Company is also currently drilling its Duvay project. This is outlined in my prior call with the Company (linked below). I am a shareholder and also looking forward to the drilling to commence.

Click here to listen to my most recent interview with Brad Kitchen, Chairman and CEO of Sevcova Metals.

Click here to visit the Secova website for more information.

Now the News Release.

VANCOUVER, BRITISH COLUMBIA – July 6, 2017 – Secova Metals Corp. (“Secova” or the “Company”) (TSXV: SEK, Frankfurt: N4UN, USA: SEKZF) announces that it has commenced its initial exploration program on its 100% owned Eagle River Project in Quebec, Canada, which is located southeast of Osisko Mining’s Windfall Lake gold deposit and is adjacent to Bonterra Resources Gladiator project. The work started with a high-resolution helicopter borne VTEM™ (“Versatile Time Domain Electromagnetic”) Plus survey being flown by Geotech Ltd., of Aurora, Ontario.

Longford Exploration Services’ (“Longford”) geophysical consultants recently interpreted, from government regional electromagnetic (“EM”) surveys, several key areas with high concentrations of anomalies on a portion of the Eagle River project. The government survey covered 8540 hectares of the whole project. The Company quickly assembled Geotech’s crew to start and have already completed the VTEM™ Plus survey which consisted of a 940 line kilometre survey at 100m line spacing over a key area of the project.

Geotech’s field QA/QC procedures ensure that only the highest quality data is accepted. The project is currently in the Data Processing phase. The final processed survey data once received, will be interpreted along with existing geophysical data and priority targets will then be ground tested with applicable high-resolution ground geophysics, geological mapping and sampling to identify potential trenching and drill targets.

Secova Metal’s Eagle River Project – area shown where VTEM™ Plus has just completed the airborne survey

“We are very pleased to have commenced the Company’s exploration on its wholly-owned Eagle River project. The airborne VTEM™ Plus geophysical program will provide us with exciting information critical to defining quality drill targets. Geophysical, electromagnetic, magnetic and induced polarization techniques have proven to be important tools for exploring the Urban Barry area, specifically with the Windfall Lake gold project. This is Secova’s first step in evaluating the Eagle River project and a critical step in defining potential drill targets to test the anomalies.” stated Chairman & CEO Brad Kitchen.

About Geotech’s Proprietary VTEM™ Plus …read more

Source:: The Korelin Economics Report

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