Secova Metals Corp.: Drilling Begins at Gold Coin Arizona
10 Maio 2010 - 3:57PM
Marketwired Canada
Secova Metals Corp. (TSX VENTURE:SEK) is pleased to announce that diamond
drilling is underway at the Gold Coin Arizona gold property.
Secova has initiated a diamond drill program which will total an estimated 2,000
metres; up to 10 holes are planned. Early drill holes will test the down dip
extent and lateral continuity of the gold mineralization identified in the
Double Eagle trenches, where continuous rock chip samples have yielded highlight
gold results of 13.7 metres of 3.12 g/t gold, including 6.1 metres of 4.65 g/t
gold. The Double Eagle trench is located within a north-westward trending soil +
geophysical anomaly measuring about 1,000m long by 350m wide.
Michael Moore, President & CEO comments: "We are very pleased to have the
opportunity to drill the Gold Coin targets. The property's first ever drill
program will explore the sub-surface sources of the combined geochemical and
geophysical anomalies."
Additional drill holes will focus on two other distinct anomalies. A second
priority zone is centred about 350 metres east of the trenches, measures about
900m long by 250m wide and roughly parallels the Double Eagle anomaly. A third
anomaly is the largest yet identified and is located within the north-central
part of the property. This northern anomaly is loosely elliptical in shape and
measures about 1,000 metres in an east-west direction with a width varying from
300 to 500 metres.
Secova has been granted three Arizona State mineral exploration licenses
contiguous to the east side of original property limit. The Gold Coin property
is now nearly double in size; increasing to 659.2 hectares (1,628.9 acres).
About Gold Coin, Arizona
Gold Coin is located in the Turquoise mining district, which is within a broad
north-south mineral trend extending more than 100 kilometres from southeast
Arizona, USA into Sonora, Mexico. The area includes two other well-known
historical gold-copper-silver mining districts: Warren (Bisbee) and Tombstone.
Michael Moore, PGeo, is the qualified person who has reviewed the technical
information contained in this news release on behalf of the company.
Further information is available on the company's website www.SecovaMetals.ca.
ON BEHALF OF THE BOARD
Michael Moore, President and CEO
Forward-Looking Statements: This Secova Metals News Release may contain certain
"forward-looking" statements and information relating to Secova which are based
on the beliefs of Secova management, as well as assumptions made by and
information currently available to Secova management. Such statements reflect
the current risks, uncertainties and assumptions related to certain factors
including, without limitations, exploration and development risks, expenditure
and financing requirements, title matters, operating hazards, metal prices,
political and economic factors, competitive factors, general economic
conditions, relationships with vendors and strategic partners, governmental
regulation and supervision, seasonality, technological change, industry
practices, and one-time events. Should any one or more of these risks or
uncertainties materialize or change, or should any underlying assumptions prove
incorrect, actual results may vary materially from those described herein.
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