Sego Resources Inc.
Sego Resources Inc. Diamond Drilling Program on Princeton Copper-gold Porphyry to Start October 17, 2017
DGAP-News: Sego Resources Inc. / Key word(s): Miscellaneous Vancouver, British Columbia–(Newsfile Corp. – October 10, 2017) – Sego Resources Inc. (TSXV: SGZ) (‘Sego’ or ‘the Company’) will start a diamond drill program on the Cuba Zone of its Miner Mountain Copper-Gold Porphyry Project near Princeton, BC on October 17, 2017. The drilling is planned with an initial two diamond drill holes totalling 600 metres, with a goal of extending diamond drill holes 21 and 28 both laterally and at depth (see drill hole assays from this area below). Sego’s geologists use handheld XRF devices to gain real-time estimates of mineralization in the freshly-returned drill core. Based on the XRF results, Sego will extend the depths of any holes that continue to show mineralization down-hole. Further diamond drilling will be planned based on the information gained. The previous drill holes in this area were announced March 12, 2012 and are as follows:
The Miner Mountain Project is an extensive alkalic copper-gold porphyry system near Princeton, BC. The ease of access and limited snowfall has made winter drilling possible in previous drill campaigns conducted by Sego. Sego has a 5 year area-based permit and an excellent working relationship with the local community and First Nations. This News Release was reviewed and approved by V.A. Preto Ph.D., P. Eng. and Selina Tribe, Ph.D., P.Geo. Qualified Persons under NI 43 -101. Sego is 100% owner of the Miner Mountain Project, an alkalic copper-gold porphyry exploration project near Princeton, British Columbia. The property is 2,056.54 hectares in size and located 15 kilometres north of the Copper Mountain Mine operated by Copper Mountain Mining Corporation and Mitsubishi Materials Corporation. Sego has a Memorandum of Understanding with the Upper Similkameen Indian Band, on whose Traditional Territory the Miner Mountain Project is situated. For further information please contact: J. Paul Stevenson, CEO (604) 682-2933 or toll free 1-866-683-2933 Neither the 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. No regulatory authority has approved or disapproved the information contained in this news release. This release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this release, other than statement of historical facts that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects re forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. Click on, or paste the following link into your web browser, to view the associated documents http://www.newsfilecorp.com/release/29566
10.10.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Sego Resources Inc. |
Canada | |
ISIN: | CA8158021037 |
End of News | DGAP News Service |