Sego Resources discovers new zone at Miner Mountain

Jan 4, 2019

2019-01-03 10:45 ET – News Release

Mr. Paul Stevenson reports

SEGO RESOURCE’S 2018 PHASE 2 DRILLING AND TRENCHING PROGRAMME DISCOVERS IMPORTANT NEW ZONE AT MINER MOUNTAIN

Sego Resources Inc. has released exploration results from its phase 2 2018 diamond drilling and trenching program completed in December, 2018, at the company’s Miner Mountain project. Sego is owner (100 per cent) of the Miner Mountain project, an alkalic copper-gold porphyry exploration project located near Princeton, B.C.

In the phase 2 2018 program, Sego drilled 1,100 metres with five drill holes. Split core samples have been sent to the laboratory, MS Analytical, in Langley, B.C. The company expects to have assays available in early 2019. Drilling was designed to extend and define the Cuba zone.

In addition, Sego excavated 100 metres of trenching during the program and exposed a new important zone approximately 500 metres west of the Cuba zone. This zone was originally defined on combined soil and geophysical anomalies. Trenches uncovered roughly 100 metres of extensive alteration and copper mineralization, including malachite, azurite and chalcopyrite. A percussion drill hole located southwest of the new zone had previously assayed 0.2 per cent copper and 0.1 gram per tonne gold over hole length of 56 metres. Trench samples from this zone are at MS Analytical in Langley, B.C., and results are pending.

The program was developed as the beginning of a much larger-scale exploration program designed to expand and enhance mineralization at Sego’s Miner Mountain project. A mapping study by Dr. Ron Britten, PhD, PEng, has indicated that the target areas are a confluence of multiple overlapping features consistent with copper-gold alkaline porphyry in British Columbia.

The results of the phase 2 2018 drilling program will be used to target the next round of exploration expected to start in early 2019. The company’s geologists are currently studying the entire Cuba zone and the new discovery zone in detail.

Paul Stevenson, chief executive officer, stated: “The drilling in phase 2 2018 program, combined with previous exploration data and drilling, to date, has unquestionably revealed the existence of a new zone on the west side of the property and has greatly expanded the Cuba zone. Utilizing the data and exploration from the 2018 program, Sego is planning to explore more of our targets in the next year.”

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

About Sego Resources Inc.

Sego Resources is owner (100 per cent) of the Miner Mountain project, an alkalic copper-gold porphyry exploration project near Princeton, B.C. The property is 2,056 hectares in size and is located 15 kilometres north of the Copper Mountain mine operated by Copper Mountain Mining Corp. and Mitsubishi Copper.

We seek Safe Harbor.

https://www.segoresources.com/category/rns/