Secova Metals Increases Position in Quebec's Windfall Lake Gold District

Resource Investing News
Market News

Secova Metals Corp. (TSXV:SEK) announced that it has acquired privately owned 1106541 BC Ltd., whose sole asset is the Osisterra project, located adjacent to Secova’s Eagle River project.

Secova Metals Corp. (TSXV:SEK) announced that it has acquired privately owned 1106541 BC Ltd., whose sole asset is the Osisterra project, located adjacent to Secova’s Eagle River project. The projects are both located in Quebec’s Windfall Lake gold district.
As quoted in the press release:

This brings the Company’s total contiguous land position at Eagle River to 21,472 hectares making Secova one of the largest land holders in the district behind Osisko Mining. The Osisterra Project has had exploration on the property dating back to 1977 including mapping, airborne geophysical surveys and some drilling.

Brad Kitchen, chairman and CEO of Secova, commented:

Secova has taken advantage of this opportunity to acquire the Osisterra claims that are directly adjacent to both the south of Osisko Mining’s Windfall Lake Camp, and to the west of Bonterra’s Gladiator project, hence its name, ‘Osisterra’. This parcel of land represents a critical piece of the puzzle for Secova and its extensive exploration plans for the Windfall Lake gold district. Management feels that this will be the Company’s last acquisition in this region before exploration commences on the Eagle River properties shortly. The Company has more than sufficient capital to accommodate its budget for the Duvay/Chenier drilling program as well as its initial Phase 1 exploration program at Eagle River.

Click here to read the full Secova Metals Corp. (TSXV:SEK) press release.

The Conversation (0)
×