Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Secova Metals Corp.

Publié le 07 janvier 2015

SECOVA METALS CORP. OPTIONS TRES-OR’S DUVAY GOLD PROJECT IN QUEBEC

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter

SECOVA METALS CORP. OPTIONS TRES-OR’S DUVAY GOLD PROJECT IN QUEBEC

06-Jan-2015

SECOVA METALS CORP. OPTIONS TRES-OR'S DUVAY GOLD PROJECT IN QUEBEC

Tres-Or Resources Ltd. ("Tres-Or" or "Optionor") (TSX-V: TRS) is pleased to announce that Secova Metals Corp. ("Secova") (TSX-V:SEK) has executed a term sheet to option up to a 90% interest in the Duvay Gold Project, comprising 105 claims in the Abitibi region, 15 kilometres northeast of Amos, Quebec.

Under the provisions of the term sheet, upon which a definitive acquisition agreement will be based, Tres-Or grants to Secova the sole and exclusive right and option to acquire a 65% right, title and interest in and to the Duvay claims by paying to the Optionor the sum of $500,000 and incurring $3,750,000 in exploration expenses over a four (4) year period. Secova can earn the full 90% of the property (an additional 25% ownership) by funding a pre-feasibility study and making aggregate expenditures of $12 million to bring the property towards production.  To earn the initial 65% interest in the project, Secova will be required to make the cash payments and exploration expenditures as follows:

a.         Secova pays the Optionor the sum of $15,000 on execution of the term sheet (completed);

b.         Secova pays the Optionor the sum of $60,000 on Exchange approval;

c.         Secova pays the Optionor the sum of $125,000 and has incurred $500,000 in exploration on the first anniversary of the execution of the Agreement (the "Effective Date");

d.         Secova pays the Optionor the sum of $300,000 and has incurred a further $750,000 in exploration on the second anniversary of the Effective Date;

e          Secova will incur a further $1,000,000 in exploration by the third anniversary of the Effective Date; and

f.          Secova will incur a further $1,500,000 in exploration by the fourth anniversary of the Effective Date.

Secova shall act as operator and in circumstances where Secova earns the 90% interest in the Property, Tres-Or would revert to a 10% carried interest through to commercial production. In addition, Secova would grant to Tres-Or the right to receive a resource payment (the "Resource Payment") based on the initial NI 43-101 compliant resource estimate on the claims, such payment to be equal to $30.00 for each gold ounce equivalent categorized as "measured", $25.00 for each gold ounce equivalent categorized as "indicated", and $15.00 for each gold ounce equivalent categorized as "inferred" to be paid from the proceeds of commercial production after deducting operating costs and other senior payments.  If Secova chooses to remain at a 65% ownership interest then a joint venture will be formed with Tres-Or and the Resource Payment would be payable within 180 days of the joint venture formation.

The proposed acquisition agreement is subject to TSX Venture Exchange approval. 

On behalf of the Board of Directors,

"Laura Lee Duffett"

Laura Lee Duffett

President and CEO

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.

For further information:

Contact: Dominic Spedaliere - Corporate Communications: Ph: 604-688-8700

Dean Claridge - Business Development: Ph: 604-880-1865

Email: [email protected]  Website: www.tres-or.com

About Tres-Or Resources Ltd.:

Tres-Or Resources Ltd. (TSX Venture: TRS) is a Canadian resource company focused on exploring for gold and base metal resources in the Abitibi Greenstone Belt in northwestern Quebec.www.tres-or.com .


Go Back
Lire la suite de l'article sur www.noodls.com

Secova Metals Corp.

EXPLORATEUR
CODE : SEK.V
ISIN : CA8136782080
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Secova Metals est une société d’exploration minière d'uranium basée au Canada.

Secova Metals détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont MOUNT LAURIER et GOLD COIN au Canada.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Rapports annuels de Secova Metals Corp.
2007 Annual Report
Communiqués de Presse de Secova Metals Corp.
09/10/2015Tres-Or Options The Duvay Gold Project In Quebec
07/01/2015SECOVA METALS CORP. OPTIONS TRES-OR’S DUVAY GOLD PROJECT IN ...
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (SEK.V)
0,050+11.11%
TSX-V
CA$ 0,050
30/12 09:30 0,010
11,11%
Cours préc. Ouverture
0,045 0,050
Bas haut
0,050 0,050
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,050 -%
Volume var. 1 mois
3 500 -%
24hGold TrendPower© : -22
Produit
Développe
Recherche Gold - Uranium
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 14/01/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,68 AU$+0,33%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
12,22 US$-0,33%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,52 GBX-0,76%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,64 CA$+0,00%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
16,48 CA$+1,54%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,26 CA$+4,08%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,23 AU$+0,00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,90 CA$+1,06%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
53,08 US$+0,70%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+5,56%Trend Power :