Results from the Grenadier Gold showing and final Drill Results from Lake Obalski exploration targets, Duvay-Chenier Gold Project, Quebec and Amendment of Warrant Terms
Tres-Or Head Office: 1934 - 131 Street | White Rock, B.C. | Canada V4A 7R7
Tel: 604-688-8700 | Fax: 604-688-8884 | www.tres-or.com
Results from the Grenadier Gold showing and final Drill Results from
Lake Obalski exploration targets, Duvay-Chenier Gold Project, Quebec
and Amendment of Warrant Terms
VANCOUVER, BRITISH COLUMBIA – March 16, 2018 - Tres-Or Resources Ltd. (“Tres -Or
or the “Company”) (TSX-V: TRS, OTCPK: TRSFF) and option partner Secova Metals Corp.
(“Secova”) (TSX.V: SEK FSE: N4UN USA: SEKZF) are pleased to report results from surface
hand sample gold assays at the Grenadier Gold showing and the f inal drill results from the Lake
Obalski exploration targets from the Duvay-Chenier Gold Project (the “Property”), located 15 km
northeast of Amos, Quebec.
Grenadier Gold showing
The Grenadier Gold showing is located 2 kms southeast of the Duvay Zone Pri ncipal. Grenadier
was originally discovered in the 1930s, and mapped in 1938. As mapped, the showing was
characterized by high-grade hand samples of gold -bearing quartz veins. The major quartz veins
extend dominantly in a west -northwest direction, wi th cross cutting vertical northeast veins also
mapped. Trench and grab samples (including some collected from trenches over short distances)
were reported from 1938 with values up to 177.60 g/t gold ( Au), as described in a later 1981
assessment report GM 61123 (see Table 1 below).
The historic Grenadier showing area was stripped , mapped and photographed using drone
technology in 2017. Surface grab samples of quartz veins from this previously trenched area
returned values of up to 7.29 g/t Au . A total of twenty -one samples were collected, and four of
those samples returned between 2.06 and 7.29 g/t Au . The highest value sample is sulfide rich
(16.9 % sulfur). None of the other samples have more than 1.0 % sulfur.
Ten of the samples were split into two to four sub-samples before delivery to the lab. Two of those
samples yielded high gold values (3.86 g/t Au and 4.85 g/t Au respectively) from one of the two
sub-samples, but low values (0.090 g/t Au and 0.014 g/t Au) from the second sub -sample,
indicative of a nuggety (coarse) gold occurrence at Grenadier.
Further field work including channel sampling and trenching is recommended at Grenadier after
snowmelt.
Tres-Or Head Office: 1934 - 131 Street | White Rock, B.C. | Canada V4A 7R7
Tel: 604-688-8700 | Fax: 604-688-8884 | www.tres-or.com
Table 1: Historical results from 1938 map (left) and 2017 results from this news release (right). Note:
historical results converted from ounces per short ton to grams per tonne. Silver (Ag) samples below
detection limit of 0.3 g/t Ag not reported.
1938
g/t m Sample # 50 gm fire
assay ppb
Gravitmetry
finish
Metallic
Sieve Ag g/t Fe % S %
9.94 grams per tonnegrab GRN01 137951 A <8 2.440 0.99
3.43 grab GRN01 137952 B <8 3.110 0.76
4.80 0.08 m GRN02 137953 A <8 1.030 < 0.01
80.23 0.23 m GRN02 137954 B <8 1.250 0.13
37.37 ? GRN03 137955 A 25 0.610 < 0.01
11.66 ? GRN03 137956 B 12 0.650 < 0.01
177.60 ? GRN04 137957 A <8 3.960 0.01
11.31 ? GRN04 137958 B <8 3.920 0.03
81.94 0.13 m GRN04 137959 C <8 4.410 0.03
86.40 ? GRN04 137960 D <8 2.610 0.03
3.09 0.25 m GRN05 137961 A <8 0.720 < 0.01
2.74 0.23 m GRN05 137962 B 71 0.510 < 0.01
4.80 0.25 m GRN06 137963 A 4026 3.86 0.5 3.320 0.15
5.14 0.18 m GRN06 137964 B 90 3.410 0.06
17.49 0.51 m GRN07 137965 A <8 1.290 < 0.01
2.06 0.61 m GRN07 137966 B <8 2.440 < 0.01
1.37 0.64 m GRN08 137967 A 4.85 [M/S] 0.810 0.01
20.57 grab GRN08 137968 B 14 0.730 0.01
81.60 grab GRN09 137969 A 41 2.760 < 0.01
GRN09 137970 B <8 1.290 < 0.01
GRN10 137971 A <8 1.230 0.01
GRN11 137972 A 75 0.970 < 0.01
GRN11 137973 B <8 0.870 < 0.01
GRN12 137974 A 2060 2.06 2.190 0.02
12422 ----- 9 5.30 0.32
12423 ----- 42 5.36 0.51
12424 ----- <8 6.37 0.58
12425 ----- 10 5.82 0.20
12426 ----- <8 4.33 0.02
12427 ----- <8 0.8 3.19 0.78
12428 ----- 75 2.07 0.07
12429 ----- <8 5.35 0.20
12430 ----- 6952 7.29 6.7 14.30 16.90
Sub-sample
Drill results from Lake Obalski exploration targets
The Lake Obalski area exploration targets were selected from magnetic and electromagnetic
anomalies with interpreted crossing shear and fault structures. Five targets were tested with 6 drill
holes totalling 1182 m. Several of the targets demonstrated fluid flow through the stratigraphic
column with the best gold mineralization being elevated lev els associated with semi - to massive
sulfide intervals (> 20% sulfur) returning 0.3 g/t Au over 1.0 m between 63.5 and 64.5 m depth
Tres-Or Head Office: 1934 - 131 Street | White Rock, B.C. | Canada V4A 7R7
Tel: 604-688-8700 | Fax: 604-688-8884 | www.tres-or.com
(drill hole DUV17-19), and another interval lacking sulfide (0.32 % S) of 0.3 g/t Au over 3.0 m in
drill hole DUV17-18. The Lake Obalski targets are located 2.5 kms northwest of the Duvay Zone
Principal along the northwest trending Duvay Main shear and a magnetically -defined northeast
fault (see news release March 5, 2018 for Duvay Zone Principal drill results).
2017 Drill and Grenadier Sampling Protocols
Samples from both the drilling of Lake Obalski targets and the surface samples at Grenadier were
sealed in bags at the secured Duvay building site, and delivered to Techni -Lab Abitibi Inc. in Ste.
Germaine de Boule, Quebec (I SO/IEC 17025; a division of Actlabs, Ancaster, Ontario). For drill
core, a one -half split was sampled, and the remainder stored for reference. For the Grenadier
samples, 10 of the samples of sufficient size were split into 2 to 4 sub -samples and process ed
separately. At Techni -Lab, samples are analyzed for gold by traditional fire assay with atomic
absorption finish, with those samples returning >1 g/t gold repeated using a 50g aliquot and
gravimetric finish. One sample was identified by the lab during analysis as suitable for metallics
sieve analysis for coarse gold, which yielded the 4.85 g/t Au result mentioned in the text above.
Samples were also analyzed for multi -elements including sulfur, silver, cobalt, copper and zinc by
total digestion ICP at the Actlabs facility in Anacaster Ontario. Techni -Lab holds a certificate of
accreditation conforming to ISO 17025:2005 for the processes used in this analysis.
The Duvay-Chenier Property is under an Option Agreement to Secova Metals Corp. Secova is to
earn a 65% interest from Tres -Or by completing exploration expenditures of $3.25 million by
December 2018 ($750,000 completed). Tres-Or is the project Operator.
Laura Lee Duffett, P.Geo. and Harrison Cookenboo, Ph.D., P.Geo., OGQ are the qualified persons
as defined in National Instrument- 43-101, who have reviewed and are responsible for the technical
information presented in this news release.
Tres-Or Resources Ltd. Amendment to Warrant Terms
The Company announces that it will be seeking regulatory approval to amend the terms of certain
warrants. With respect to warrants which are exercisable at a price of $0.10 per share and are set to
expire on April 14, 2018 and April 20, 2018, the Company prop oses to extend the expiry dates of
all 6,260,000 warrants until December 31, 2018 subject to Exchange approval.
On behalf of the Board of Directors
TRES-OR RESOURCES LTD.
“Laura Lee Duffett”
President and CEO
Tel: +1 604-688-8700
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.
Tres-Or Head Office: 1934 - 131 Street | White Rock, B.C. | Canada V4A 7R7
Tel: 604-688-8700 | Fax: 604-688-8884 | www.tres-or.com
About Tres-Or Resources Ltd.:
Tres-Or Resources Ltd. ( TSX-V: TRS, USA: TRSFF) is a Canadian resource company focused on
exploring for gold, base metals and diamond resources in the Abitibi -Témiscamingue regions in
northwestern Quebec.
Additional information related to the Company is available at: www.tres-or.com .
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains "forward-looking information" that is based on the Company’s current expectations,
estimates, forecasts, and projections. This forward-looking information includes, among other things, statements with
respect to the Company’s exploration and development plans. The words "will", "anticipated", "plans" or other similar
words and phrases are intended to identify forward-looking information. Forward-looking information is subject to
known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of
activity, performance, or achievements to be materially different from those expressed or implied by such forward-
looking information.