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Sego Resources prepares for September work program at its Miner Mountain Porphyry Copper-Gold project in British Columbia

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The 2,056 hectare Miner Mountain project is located near mining friendly Princeton, British Columbia, just 15 kilometres north of the Copper Mountain Mine, operated by the Copper Mountain Mining Corporation and Mitsubishi Copper.

Additional Information:

Company: Sego Resources
Website: http://www.SegoResources.com
Stock Symbol: TSXV: SGZ
Date Published: Aug 28, 2020
Transcript: Available

Video Transcript:

I’m Cassandra Bolinski for Investmentpitch Media

Sego Resources updates shareholders as it prepares for September work program at its Miner Mountain Porphyry Copper-Gold project in British Columbia.

The 2,056 hectare Miner Mountain project is located near mining friendly Princeton, British Columbia, just 15 kilometres north of the Copper Mountain Mine, operated by the Copper Mountain Mining Corporation and Mitsubishi Copper.

The claims cover an extensive, well-altered porphyry system containing excellent copper-gold grades, located along the same regional fault as the Copper Mountain mine.

The September program will involve mapping, channel sampling and trenching on the margins of the Southern Gold Zone, which was the major discovery of the spring program.

The Southern Gold zone, which measures 150 by 200 meters and is open to the northeast and southwest, was considerably upgraded early in the 2020 season with the company delineating a large zone of gold mineralization during a trenching program.

Grades discovered were robust with 0.65 grams per tonne gold over a continuous 62 meters, which included 30 meters of 1.02 grams per tonne gold at trench 105, and 0.31 grams per tonne gold over 40 meters at trench 109.

Trenching revealed the new Southern Gold Zone is hosted in diorite and microdiorite within the northern margin of a magnetic high, which is outlined in dotted blue line.

The current results are from 4 diamond drill holes, totalling 1,213 meters, completed in June and July, that tested targets in the Granby-Cuba area, Empress Zone and Upper Regal Zone.

Diamond Drill Hole 20-45 intersected mineralized monzonite breccia within the margin of the Upper Regal chargeability high anomaly.

Sego is planning a program for September of delineating the Southern Gold Zone with trenching and sampling as well as trenching and sampling in the Upper Regal Zone, in the area of hole 20-45, in preparation for drilling in October.

The Quintana target is also drill ready.

Sego has a 5 year area-based permit to drill and explore the Miner Mountain Project, where the ease of access and limited snowfall has made year-round drilling viable.

The company has an excellent working relationship with the local community and First Nations and has a Memorandum of Understanding with the Upper Similkameen Indian Band, on whose Traditional Territory the Miner Mountain Project is situated.

Sego has received an Award of Excellence for its reclamation work at Miner Mountain.

The shares are trading at $0.035.

Here’s J Paul Stevenson, the company’s CEO, with a few comments.

For more information, please visit www.SegoResources.com, contact J Paul Stevenson, CEO, at 604-682-2933 or email CEO@SegoResources.com.

Investor Relations is handled by MarketSmart Communications, who can be reached at 877-261-4466 or by email at info@marketsmart.ca.
I’m Cassandra Bolinski for Investmentpitch Media