Last C$0.02 CAD
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cava resources inc (CVA) Snapshot

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05/2/14 - C$0.03
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cava resources inc (CVA) Details

Cava Resources Inc., a junior exploration company, engages in the acquisition, exploration, and development of mineral, and oil and gas properties in Canada. It has a 70 % interest in the Casa Berardi Gold Property that covers an area of 63 square kilometers and is located in the Casa Berardi area of northwestern Quebec. The company also has an option to earn a 50% interest in the Gouda Lake property covering an area of approximately 54.7 square kilometers near Marathon, Ontario. In addition, it has interests in the Peace River Arch Block E, an oil and gas property covering an area of 4,608 hectares and is located in Peace River Arch area, Alberta. The company was formerly known as Sea Green Capital Corp. and changed its name to Cava Resources Inc. in July 2012. Cava Resources Inc. is headquartered in Toronto, Canada.

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cava resources inc (CVA) Key Developments

MetalCORP Limited and Cava Resources Inc. Announce Results of Recent Drilling at Gouda Lake Zone on Hemlo East Property

MetalCORP Limited and Cava Resources Inc. announced that they have received all of the assay results from the recently completed diamond drill program on the Gouda Lake Zone in Metalcorp's Hemlo East Property, located approximately 12 kilometers southeast of the Hemlo Gold Mines near Marathon, Ontario. In late 2012, Metalcorp drilled 5 holes (HEGZ1230 to 34) totaling 1,056 meters to test a portion of the Gouda Lake Zone which was discovered by Lac Minerals in 1988. The Gouda Lake Zone is hosted within a 20 meter thick quartzsericite schist unit containing disseminated to semi massive sulphides (pyrite+/sphalerite with minor amounts of chalcopyrite and galena). The zone has been traced by historic diamond drilling for over 350 meters along strike. The Gouda Lake Zone is coincident with an AeroTEM anomaly indentified in and an airborne geophysics survey flown by Aeroquest International Ltd. for Metalcorp in 2008. In addition to the conductor coincident with the Gouda Lake Zone, the survey indentified 7 other priority untested electromagnetic anomalies along the Gouda Lake Trend including one area where surface channel samples returned values up to 0.74 gpt gold and 4.1% zinc.


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