Sego Resources Reports 1.26% Copper, 1.06 grams/tonne Gold and 3.79 grams/tonne Silver over 52 Metres, the full length of Percussion Drill Hole 9
Vancouver, April 5 – Sego Resources reports that the fire assay results from phase one of the percussion drilling program at Miner Mountain have been received for 22 of 34 drill holes. The grid drilling was over a gossan cap and a Titan 24 IP anomaly (2km x 250m) known as the Cuba Zone. These preliminary results indicate that at the east end of the grid the mineralized zone is open to the North, East and South. Results for the holes at the west end are pending.PDH (Percussion Drill Hole) Assays
PDH 01 From 24 to 48 m 0.156% C u. Bottom of Hole 80 metres
PDH 02 From 60 to 70 m 0.355% Cu, 0.446 g/t Au, 1.2 G/T Ag. Bottom of Hole 70 metres
PDH 6 From 16 to 20 m 0.128% Cu, 0.179 g/t Au (and Isolated hits between 10 to 30m). Bottom of hole 62 metres
PDH 8 from 38 to 56 m 0.186% Cu, 0.138 G/T Au, and from 68 to 72 m 0.226 g/t Au. Bottom of hole 80 metres
PDH 9 from 12 to 64 m 1.264% Cu 1.061 G/T Au , 3.79 G/T Ag, Including 12 to 44 m 1.845% Cu, 1.628 G/T Au 5.569 G/T Ag including from 16 to 24 m 3.681% Cu 5.256 G/T Au and 15.975 G/T Ag which includes from 18 to 22 m 3.999% Cu 6.925 G/T Au and 23.450 G/T Ag. Bottom of Hole 64 metres
PDH 12 Isolated 0.1% Copper from 70 to 82 m. Bottom of Hole 82 metres
PDH 13 from36 to 38 m from 0.139% Cu 0.083 G/T Au, 64 to 68 m 0.272% Cu 0.237 G/T Au 0.50 G/T Ag. Bottom of Hole 68 metres
PDH 14 from 20 to 70m 0.126% Cu, 0.087 G/T Au. Bottom of Hole 70 metres
PDH 15 from 24 to 50m 0.161% Cu 0.4 G/T Au, 0.43 G/T Ag including from 32 to 38 m 0.191% Cu 1.053 G/t Au. Bottom of Hole 60 metres
PDH 16 from 14 to 20 m 0.237% Cu 0.16 G/T Au and from 28 to 40 m 0.141% Cu, 0.096 G/T Au. Bottom of Hole 56 metres
PDH 17 from 32 to 44 m 0.135% Cu, 0.094 G/T Au (isolated Cu and Au from 28 to 48 m) Bottom of Hole 62 metres
PDH 18 from 34 to 38 0.216% Cu, 0.030 G/T Au, and from 40 to 56 m 0.186% Cu 0.046 G/T Au and from 68 to 74m 0.112% Cu and 0.021 G/t Au. Bottom of Hole 80 metres
PDH 19 from 44 to 46 0.121% Cu, 0.029 G/T Au. Bottom of Hole 46 metres
PDH 20 from 10 to 22 m 0.197%, Cu 0.257 G/T Au. Bottom of Hole 50 metres
PDH 21 from 16 to 28 m 0.8 % Cu, 0.647 G/T Au, 1.367 G/T Ag including 18 to 24 m 1.342% Cu, 1.064 G/T Au and 2.067 G/T Ag and from 44 to 50 m 0.295% Cu 0.173 G/T Au. Bottom of Hole 50 metres
PDH 22 from 12 to 22 m 0.142% Cu 0.071 G/T Au and from 32 to 42m 0.145% Cu 0.122 G/T Au. Bottom of Hole 52 metres
Sego Resources Inc.’s sole project is the Miner Mountain Project, a Copper Gold Porphyry project near Princeton, B.C., 15 kilometres north of Copper Mountain Mining Corporation’s former copper producer, which closed in 1996. Copper Mountain Mining Corporation is planning to restart full production in June 2011. The Miner Mountain Project is situated within the Traditional Territory of the Upper Similkameen Indian Band, with whom Sego has a Comprehensive Memorandum of Understanding.
This News Release was reviewed and approved by V.A. Preto Ph.D., P. Eng. A Qualified Person under NI 43 -101
J. Paul Stevenson, CEO
Sego Resources Inc.
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 re 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:
John Geisler, Investor Relations, email@example.com or 1-866-683-2933.