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InvestmentPitch Media Video Discusses Sego Resources' New High-Grade Porphyry Drill Target at Minor Mountain Project in B.C., and Proposed $1 Million Non-Brokered Private Placement - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2019) - Sego Resources (TSXV: SGZ)...
About this update from Sego Resources Inc.
[{"type":"text","content":"InvestmentPitch Media Video Discusses Sego Resources' New High-Grade Porphyry Drill Target at Minor Mountain Project in B.C., and Proposed $1 Million Non-Brokered Private Placement - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - November 29, 2019) - Sego Resources (TSXV: SGZ) has identified another drill target at its 100% owned Miner Mountain alkalic copper-gold porphyry exploration 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.InvestmentPitch Media has produced a \"video\" which discusses this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Sego\" in the search box.Cannot view this video? Visit:http://www.investmentpitch.com/video/0_sxs8p9s2/Sego-Resources-identified-another-drill-target-at-its-100-owned-Miner-Mountain-alkalic-copper-gold-porphyry-exploration-project-in-British-ColumbiaA re-evaluation of drill core from the Cuba Zone identified a high-grade porphyry with local zones of 1 - 2 % copper and 0.5 grams per tonne gold that has been pervasively overprinted by later grade- destructive alteration. This target was generated during a review of the property and its potential, undertaken by the company in conjunction with consultant Dr Alan Wilson, an expert in alkalic porphyry deposits who completed his PhD on the Cadia deposit in Australia and was recently the International Exploration Manager for Antofagasta Minerals. The porphyry is open beneath the level of current drilling and the destructive alteration is expected to be restricted to shallower levels based on similar alteration at alkalic porphyry deposits including New Afton (Tolman and Lipske, 2016) and Cadia East (Wilson, 2003).Previously reported grades that show the tenor of the mineralization include DDH 12-21 with 100 meters grading 0.95% copper and 0.55 gpt gold, DDH 12-26 with 12.2 meters grading 1.16% copper and 0.76 gpt gold, and PDH 11-94 with 82 meters grading 1.01% copper and 0.58 gpt gold. Inter...