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Jul. 13, 2009 (Baystreet.ca) --
The report details results of the Quantec Titan 24 survey of DC Resistivity and Induced Polarization which Quantec did at the Sego Resources Miner Mountain Property from April 25th to May 4th of 2009.
The report and maps showing the survey results will be posted on Sego's website
The DC/IP Titan 24 survey identified 23 potential targets with various priority levels based on the depth and geophysical parameters. These 23 targets group into 18 geographic areas.
Within the Nicola Volcanic Terrane, at the Miner Mountain Property where Sego has defined through trenching and drilling zones of Copper – Gold (Silver) mineralization (see Sego NR April 24, 2008, June 20, 2008, November 18, 2008), the Titan 24 survey identified 15 chargeability zones which group into 9 areas spread along a 500 – 1000 metre wide belt, stretching 2.5 kilometres from the southwest of the property to the southeast.
This zone appears to come to surface at the southwest and southeast areas. In particular at the southwest end, significant gold and copper mineralization has been found: Trench 36 - 32m of 0.29% Cu and 1.00 G/T Au, Trench 37 - 4m 0.19% Cu and 1.15 G/T Au, and Trench 42 - 10 metres 1.18% Cu with diagnostic alkalic porphyry alteration (see Sego NR June 5, 2008).
Sego has received permits for trenching and plans 8 trenches to explore the southwest and northeast ends as an initial exploration of the chargeability targets.
This Press Release was reviewed by Chris Sampson P.Eng. a Qualified Person as defined by NI 43-101.
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 are 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 that actual results or developments may differ materially from those projected in the forward-looking statements.