By Cory
Secova Conducts Ground Exploration at Eagle River Based on New Data from Airborne VTEM™ Survey
Here is the latest news out of Secova Metals. As a shareholder I am very excited to see what comes out of the Eagle River Gold Project. I like the area (in the Windfall Lake district where Osisko is making waves) and the fact that the Company is cashed up thanks to the recent financing. Let’s see what happens next…
Click here to visit the Secova website.
Also please comment or email me with questions for the CEO Brad Kitchen. I will be having him on the show next week for a comment.
…
VANCOUVER, BRITISH COLUMBIA – October 5, 2017 – Secova Metals Corp. (“Secova” or the “Company“) (TSXV: SEK, Frankfurt: N4UN, USA: SEKZF) is pleased to report that results from the recently completed airborne VTEM™ (“Versatile Time Domain Electromagnetic”) Plus survey (the “Survey”) on the 100% owned Eagle River Gold Project (“Eagle River”) in Quebec, Canada, indicate a number of previously poorly defined or otherwise unknown airborne targets from earlier surveys.
The VTEMTM airborne survey covered a large area of 8,540 hectares representing just 40% of Secova’s claim group totalling 21,472 hectares in the Windfall Lake district. The detailed survey indicated 19 distinct anomalies that the Company has determined need further exploration. As a result, Secova has mobilized a field crew to Eagle River to undertake initial ground exploration. The map below shows both the location of the Survey and the 19 anomalies that will be explored in detail. The Eagle River project is located less than 10 kilometres southeast of Osisko Mining’s Windfall Lake gold deposit and is adjacent to Bonterra Resources’ Gladiator project.
Geotech Ltd., of Aurora, Ontario provided the final results of the helicopter borne VTEM™ (“Versatile Time Domain Electromagnetic”) Plus survey. Campbell & Walker Geophysics Ltd. have performed a preliminary analysis on the data collected by Geotech.
About the Survey:
The recently completed VTEM Plus survey was designed to provide modern high-resolution data over electromagnetic targets selected from publicly available low-resolution airborne surveys that covered a portion of the property. The review of the VTEM survey results indicates the presence of at least 19 distinct zones of anomalous conductivity. The anomalies vary in strike length from 150 m to over 1 km.
The results from the VTEM survey are encouraging, resulting in Secova initiating its winter exploration program. Exploration on the target areas will include prospecting, mapping, till sampling and ground geophysics. Longford Exploration’s James Rogers with Terrence Coyle, who is intimately familiar with the Windfall Lake district, are leading the initial exploration program at the Eagle River.
Secova Metal’s Eagle River Project indicating the 19 distinct anomalies identified from the VTEM airborne survey
Secova’s Chairman & CEO, Brad Kitchen commented, “We are very pleased to have confirmed numerous anomalies on our wholly-owned Eagle River project. The airborne VTEM™ geophysical survey has provided us with information critical to identifying and confirming anomalies. Exploration of these anomalies may lead to quality drill targets in the near future. With all the activity coming from the …read more
Source:: The Korelin Economics Report
The post Company News – Thu 5 Oct, 2017 appeared first on Junior Mining Analyst.