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Sego Will Commence a Drill Program on April 15, 2022 in the Southern Gold Zone at the Miner Mountain Project, British Columbia

Vancouver, British Columbia--(Newsfile Corp. - April 12, 2022) - Sego Resources Inc. (TSXV: S...

articleSego Resources Inc.April 12, 20225/company/sego-resources-inc/news/sego-will-commence-a-drill-program-on-april-15-2022-in-the-southern-gold-zone-at-the-miner-mountain-project-british-columbia
Sego Will Commence a Drill Program on April 15, 2022 in the Southern Gold Zone at the Miner Mountain Project, British Columbia

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[{"type":"text","content":"Sego Will Commence a Drill Program on April 15, 2022 in the Southern Gold Zone at the Miner Mountain Project, British ColumbiaVancouver, British Columbia--(Newsfile Corp. - April 12, 2022) - Sego Resources Inc. (TSXV: SGZ) (\"Sego\" or \"the Company\") is pleased to announce the start of a drill program at the Southern Gold Zone of the Miner Mountain Porphyry Copper-Gold project near Princeton, BC. The drill program will test the northern and western expansion of the Southern Gold Zone and will test for the potential of deeper porphyry copper-gold mineralization indicated by historical geophysical anomalies (Figure 1).Figure 1. Proposed drill green or red collars will be inclined 50° to the south-southeast. They include the ~500 m deep DDH 59 (red collar) and several proposed holes off the western potential extension of the Southern Gold Zone. To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/1056/120013_2105640fb4ba1951_002full.jpgThe first proposed drill hole (DDH-59) inclined at 50° will penetrate to a depth of 400 to 500 m (Figure 2) and will target two zones. The first ~150 m of the hole is anticipated to intersect the northern and deeper margin of the Southern Gold Zone while crossing a shallow chargeability anomaly spatially related to the gold mineralization. The deeper portion of the hole, from between 250 to 500 m will test overlapping strong induced polarized chargeability and magnetic anomalies. A Quantec Titan 24 Survey Data collected in 2009 has recently been re-processed (ie inverted data) to improve the location of the chargeability anomalies in space. There are no geological indications at surface to cause these deep anomalies, however, drilling to this depth could intersect an unexposed porphyry copper-gold zone situated well below the Southern Gold Zone mineralization (Figure 2).Figure 2. Cross section shows the shallow DDH 50 and 52 and related gold histograms and, more important, the planned ~500 m long DDH 59 to test the deep chargeability anomaly.To view an enhanced version of Figure 2, please visit:https://orders.newsfilecorp.com/files/1056/120013_2105640fb4ba1951_003full.jpgThe 2021 drill program results of the South Gold Zone are summarized in Figure 3 (see News Release, January 31, 2022). Results in DDH50 averaged 0.88 gpt Au over 94 m and DDH52 avera...

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