Sego holders elect Tribe, Petterson et al. to board

May 5, 2015

SEGO RESOURCES INC. ANNOUNCES NEW BOARD COMPOSITION

Sego Resources Inc. held its annual general meeting on April 20, 2015. The stock option plan and the appointment of auditors were passed. Two new directors were elected, and one director stood down.

Chris Sampson, PEng, chose not to stand for re-election in order to cut back on some of his activities. It is usual to thank a past director for their valuable work and wish them well in the future. Several Sego directors have worked with Mr. Sampson for decades, and will continue their long friendship and association, so thank you, Mr. Sampson, and the company looks forward to many more years of friendship.

Elected to the board were incumbents J. Paul Stevenson, Shelley Hallock, Al Hilton and G. Ken Willington. The two new members elected to the board are Dr. Selina Tribe, PhD, PGeo, and Brent Petterson, CGA.

Dr. Tribe is a professional geoscientist and project manager with 20-plus years of experience in resource exploration and development projects throughout Canada and the Americas. Her 2010 terrain study of Miner Mountain identified landslide source areas that guided the company to drill significant in situ copper-gold mineralization in what is now called the Granby-Cuba-Regal zone.

Drill highlights from the Granby-Cuba-Regal zone include:

 

  • Diamond drill hole DDH21, which contains 100 metres of 0.95 per cent copper, 0.55 gram per tonne gold and 3.47 g/t silver from 10.06 m to 110.45 m depth, and includes 35 m of 2.45 per cent Cu, 1.35 g/t Au and 8.9 g/t Ag from 10.06 m to 45.11 m depth;
  • Diamond drill hole DDH24, which contains 128 m of 0.34 per cent Cu, 0.3 g/t Au and 0.98 g/t Ag from 11.58 m to 139.6 m depth, and includes 42.67 m of 0.74 per cent Cu, 0.75 g/t Au and 1.57 g/t Ag from 42.06 m to 84.73 m depth (reported in a news release dated March 12, 2012).

 

An extensive percussion drill program completed in 2012 shows the zone to be a 1.0-kilometre-by-0.5-kilometre area of copper-gold mineralization, with minor silver and platinum group metals, extending from surface to about 100 m depth and open in several directions, as reported in a news release dated Jan. 23, 2012.

Mr. Petterson is an accountant with extensive experience in financial reporting matters related to junior resource companies. In addition to joining the board, Mr. Petterson assumes the office of chief financial officer.

This news release was reviewed and approved by Dr. Tribe, a qualified person under National Instrument 43-101.

http://www.segoresources.com/newsnew.html

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