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Sego Resources Intersects 0.95 g/t Gold over 80 m from the First Drill Hole (DDH 59) of their 2022 Drill Program in the Southern Gold Zone
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2022) - Sego Resources Inc. (TSXV: SGZ...
About this update from Sego Resources Inc.
[{"type":"text","content":"Sego Resources Intersects 0.95 g/t Gold over 80 m from the First Drill Hole (DDH 59) of their 2022 Drill Program in the Southern Gold ZoneVancouver, British Columbia--(Newsfile Corp. - June 13, 2022) - Sego Resources Inc. (TSXV: SGZ) (\"Sego\" or \"the Company\") is delighted to announce assays of 0.95 g/t Au over 80 m from the first 150 m of DDH 59 (diamond drill hole) that intersected a deep extension of the Southern Gold Zone on the Miner Mountain Project. The property is located 15 km north of the porphyry Cu-Au mineralization at the Copper Mountain deposit and immediately northeast of Princeton, BC. The Southern Gold Zone is an intrusion hosted disseminated gold zone discovered during the Company's 2020 field program (News Release July 7, 2020) that was subsequently drilled during April 2021 (News Release May 27, 2021) and November 2021 (News Release January 31, 2022).The current seven drill-hole program (1582 m) was completed between April 20 and June 1, 2022 and analytical results from only the 150 m of DDH 59 are currently available. Analytical data from the deeper portion of DDH 59 and six drill holes (DDH's 60-65) are pending.DDH-59 was collared 50 m north of DDH 50 (Figure 1) inclined at 50° at an azimuth of 160° and drilled to 457 m. The Southern Gold Zone was intersected between 63.12 m and 143.12 m (Table 1) as anticipated (News Release April 13, 2022), and included an interval of >24 g/t Au related with chalcopyrite that averaged 0.92% Cu. This deeper intersection at 0.95 g/t Au over 80 m is comparable to the results from DDH 50 (0.86 g/t Au over 94 m) and the shallower DDH 52 (0.79 g/t Au over 75 m) as illustrated in Figure 2. A >0.1 g/t Au cutoff was utilized for weight length averaging and no cutting of higher grades. The southern mineralized boundary appears to steepen at depth whereas the northern boundary is likely sub-vertical .Table 1. Gold results from DDH 59 (2022) and DDH's 50 and 52 (2021). Drill HoleFrom (m)To (m)Interval (m)Au (g/t)DDH 5963.12143.1280.000.95Includes70.2571.501.2524.19DDH 5011.28105.4894.200.86DDH 523.0077.5274.520.79 The deeper portion of DDH 59 is also anticipated to intersect features causing the overlapping strongly induced polarized chargeability and magnetic anomalies between 250 m and 500 m. Fine-grained disseminated pyrite occurs between 215 m and 265 m an...