Business
Sego Drills 27.43 metres of 0.42% Copper 0.3 g/t Gold 1.45 g/t Silver(includes 3.05 m of 1.67%% Cu 1.16 g/t Au 3.9 g/t Ag) at Miner Mountain Granby Zone
Sego Drills 27.43 metres of 0.42% Copper 0.3 g/t Gold 1.45 g/t Silver(includes 3.05 m of 1.67%% C...
About this update from Sego Resources Inc.
[{"type":"text","content":"\n\n\n\n May 26, 2010 (Canada NewsWire Group) -- Sego Resources is pleased to report further copper and precious metal grades from the drilling program in the Granby Zone at the Miner Mountain Project.\n\n\n >\n\n\nOf the 20 holes drilled to date by Sego Resources Inc. at Miner Mountain, holes 1-3 were drilled in the Regal Zone, holes 12-13 in the South Zone and holes 4-11 and 14-20 inclusive were drilled in the Granby Zone. Of the four drill holes reported herein, DDH-19 is approximately 250 metres southwest of the centre of the cluster of other holes drilled by Sego in the Granby Zone. Mineralization in DDH 19 is hosted by variably altered microdiorite below a prominent fault zone separating it from barren, essentially unaltered volcanic rocks in the upper 27 metres of the hole. DDH-19 is located at the head of a prominent westerly trending gully which overlooks the high grade landslide material of the Regal Zone located by previous trenching and DDH-1-3. (News Release of June 2, 2008)\nConsultant Selina Tribe, Ph.D, P.Geo., an expert in landslide studies, conducted a terrain study for Sego and indicated probable sources for the Regal and other likely slides. This study led to the excavation of trenches 93,94 and 95 during the current program. DDH-19, reported above, was drilled beneath trench 95.\nThe other three holes reported herein, DDH-16, 18 and 20, are at the north and eastern ends of the Granby Zone, approximately 275 to 320 metres northeast of DDH-19. Mineralization in these and nearby holes is hosted by variably altered volcanic and intrusive rocks.\nTrenching and drilling at Miner Mountain, and further petrographic studies by Kathryn Dunne, M.Sc., P.Geo., submitted in a report dated May 7, 2010 confirm the presence of intrusive and volcanic rocks and of strong potassic and other alteration assemblages characteristic of alkalic porphyry systems such as Copper Mountain (15km to the south) and Afton (125 km to the North). The petrographic study also identified chalcopyrite and bornite partially replaced by chalcocite and covellite, a suite of copper minerals.\nThe Kathryn Dunne, M.Sc.,P.Geo and the Selina Tribe, Ph.D, P.Geo. reports as well as the location of trenches and drill holes can be found on our website: www.segoresources.com\nThis News Release was reviewed and approved by V.A. Preto, Ph.D., P.Eng., a Qualified...