Sego Resources Commences 2018 Exploration Program
Sego Resources Commences 2018 Exploration Program
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2018) - Sego Resources Inc.
(TSXV: SGZ)
("Sego" or the "Company")
is pleased to announce that diamond drilling is now underway at the Miner Mountain Project, an alkalic copper-gold porphyry
exploration project near Princeton, British Columbia.
The drill is onsite and diamond drilling is underway.
An initial 1000 metres of diamond drilling is expected to ensue over the
following weeks. After an anticipated closing of the second tranche of the financing now underway (see News Releases April 23,
2018, June 7, 2018 and June 15, 2018), initial plans for 2018 are 3000 metres of diamond drilling at Miner Mountain.
Near-term objectives of the diamond drill program will be to extend the size and grade on the Cuba Zone with a view to
eventually building a NI 43-01 compliant resource. In addition to the Cuba Zone exploration, the Company plans to explore further
targets to the North and Northwest in areas of coincident Magnetometer and Induced Polarization anomalies, and known mineral
alteration.
J. Paul Stevenson, CEO has stated:
"The Miner Mountain Porphyry System is extensive and previous drilling by Sego has
demonstrated extensive copper-gold mineralization.
Our short term objective is to comprehend the geometry of the Cuba
Zone and work to discover more zones with similar or better grades."
This News Release was reviewed and approved by Selina Tribe, Ph.D., P.Geo., a Qualified Person under NI 43-101.
Sego is 100% owner of the Miner Mountain Project, an alkalic copper-gold porphyry exploration project near Princeton, British
Columbia. The property is 2,056.54 hectares in size and located 15 kilometres north of the Copper Mountain Mine operated by
Copper Mountain Mining Corporation and Mitsubishi Copper.
Sego has a Memorandum of Understanding with the Upper
Similkameen Indian Band, in whose Traditional Territory the Miner Mountain Project is situated. Sego has received an Award of
Excellence for its reclamation work at Miner Mountain.
J. Paul Stevenson, CEO
Sego Resources Inc.
For investor & shareholder information, please contact:
MarketSmart Communications Inc.
Ph: +1 (604) 261-4466
Email:
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
a
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
actua
l
results or developments may differ
materially from those projected in the forward-looking statements.