Sego reports significant gold assays at Miner Mountain Copper Gold Porphyry Project
VANCOUVER, Sept. 9 Sego Resources reports that the initial fire assays from the 2009 excavator trenching program on its Miner Mountain Project have been received. The trenching and reclamation is being done by the Upper Similkameen Indian Band. Vic Preto, Ph.D., P.Eng. is consultant and QP for NI43-101 purposes.Trenches 09-80 and 09-81 are in the southwest area of the property where the 2.5 km chargeability zone located by Quantec Geoscience comes to surface. See Sego NR July 13, 2009) Results are as follows:
Trench 80 160m Northwest – Southeast:
From MM09TR80C01 – To MM09TR80C11 Eleven metres of 0.89 G/T Au and 1.14 G/T Ag (including one metre of 4.44 G/T Au, 0.96% Cu ,1.15 G/T Ag and six metres of 0.75 G/T Au, 0.30 % Cu, 1.15 G/T Ag)
From MM09TR80C18 – To MM09TR80C19 Two metres of 0.38 G/T Au 0.14% Cu and 1.15 G/T Ag
From MM09TR80C80 – To MM09TR80C85 Six metres of 0.36 G/T Au, 0.02% Cu and 7.16 G/T Ag
Trench 81 165 m West – East: (60-130 metres north of Trench 80) From MM09TR81C06 – To MM09TR81C15 Ten metres of 0.34 G/T Au, and 0.74 G/T Ag
From MM09TR81C36 – To MM09TR81C38 Three metres of 0.14 % Cu and 0.83 G/T Ag
For a table of the assay results and map of trench locations please see our website at www.segoresources.com
Previous 2008 trenches in the area located the following results:
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 completed 12 trenches to date and further assays will be released when available.
This Press Release was reviewed by Chris Sampson P.Eng. and Vic Preto, Ph.D., P.Eng. Qualified Persons as defined by NI 43-101.
For further information please contact:
J. Paul Stevenson, CEO Sego Resources Inc.
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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.
For further information: SEGO RESOURCES INC., Suite 211-744 West Hastings Street, Vancouver, BC, V6C 1A5, Tel: (604) 682-2933, Toll Free: 1-866-683-2933, Fax: (604) 683-3911, www.segoresources.com