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ESGold Corp C.ESAU

Alternate Symbol(s):  SEKZF

ESGold Corp is a Canada-based resource exploration and processing company. The Company’s advancing gold exploration projects into acquisition targets, most notably in the province of Quebec. Its principal restoration and recovery project is the Montauban property situated in Quebec, just 80 kilometers west of Quebec City. The mineral claims comprising the Montauban property (the Property) are located in southern Quebec, 120 kilometers (km) west of Quebec City and 80 km northeast of Trois-Rivieres. It holds approximately 226 mining claims totaling approximately 10,830 hectares on the Montauban Property. The Eagle River Property consists of approximately 141 mineral claims located in the north-western limit of the Mauricie area in Quebec Province, totaling approximately 7,972 hectares. It holds a 50% interest in the Ottawa River Project.


CSE:ESAU - Post by User

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Post by GarryF1on Mar 01, 2022 11:39am
219 Views
Post# 34471317

SECOVA STARTS DRILL PROGRAM AT MONTAUBAN

SECOVA STARTS DRILL PROGRAM AT MONTAUBAN

 

Secova Metals begins drill program at Montauban

 

2022-03-01 10:05 ET - News Release

 

Mr. Brad Kitchen reports

SECOVA STARTS DRILL PROGRAM AT MONTAUBAN

Secova Metals Corp. has mobilized a sonic drill rig to the Montauban gold project in order to complete a resource definition drilling program.

The drilling program comprises roughly 275 holes at 25-metre spacings and at depths of up to 15 m. The focus of the exploration will be on all five tailings sites on the property, including the Montauban United site, which has not been previously evaluated. The upcoming program will build upon previous campaigns with a higher density of holes and a full analytical suite leading to an even higher degree of confidence in the amount of metals contained.

Concurrent to the sonic drilling, a geophysical crew will conduct a combination of seismic refraction and ground-penetrating radar surveys to accurately delineate the depth of the tailings for a more precise volumetric measurement.

This campaign results will be submitted to BBA Engineering Ltd., who will conduct a resource estimation and subsequent preliminary economic assessment (see Dec. 29 news release).

"As you can see from the targets on the attached map, the drilling at Montauban is a systematic and methodical exploration program designed to expand the resource, fill in and complete the areas missed in historical drilling, and aid in the logistics of actually processing the tailings," stated Brad Kitchen, chief executive officer of Secova. "This will not be the only exploration program at Montauban this year. Immediately upon completion of this program, Secova will be working with Longford Exploration to develop and implement a hard rock drilling program below the tailings resource at Montauban."

Qualified person

Alexander Beloborodov, PGeo, is a qualified person as defined by National Instrument 43-101 guidelines, and he has reviewed and approved the technical content of this news release.

About Secova Metals Corp.

Secova Metals is a Canadian environmentally aware resource exploration and processing company. Management has demonstrated expertise in advancing gold exploration projects into acquisition targets, most notably in the province of Quebec. Secova's principal restoration and recovery project is the Montauban property situated in Quebec, just 80 kilometres west of Quebec City. The company is proposing to commence operations by the end of 2022. The company's main exploration focus is its 100-per-cent ownership of the Eagle River project, which is adjacent to and on-trend to several gold projects in the Windfall Lake district of Urban Barry in Quebec. Secova will use its expertise in early-stage exploration to create shareholder value by attempting to prove out the resource in these assets.

We seek Safe Harbor.

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