Sego Resources Announces Start of a 2000 Metre Phase III Percussion drill Program at Miner Mountain Project

VANCOUVER, Nov. 22, 2011 /CNW/ - Sego Resources Inc. ("Sego" or the "Company") is pleased to report that it has begun a 2,000 metre third phase percussion drill program targeting the eastern extensions of the new zone outlined in the phase II program (See NR April 20, 2011 and November 4th 2011 for past drilling results).

The Phase II drilling intercepted wide zones of mineralization and intensely altered rock. The percussion chips were split by 2-metre interval, with half being sent to Acme Labs in Vancouver for ICP analysis and fire assay.  Fire assay results will be released when received and reviewed.

Sego Resources Inc. is a mineral exploration company, exploring the Miner Mountain Project, a large scale porphyry copper-gold target northeast of Princeton B.C.  Exploration to date, has located zones of surface copper-gold mineralization and drilling has confirmed the presence of significant copper-gold grades at depth. The Miner Mountain Project is 15 kilometres north of Copper Mountain Mining Corporation's former copper producer (closed 1996) that resumed production in August 2011.  The Miner Mountain Project is situated within the traditional territory of the Upper Similkameen Indian Band with whom Sego Resources Inc. has a memorandum of understanding which provides a constructive framework for future development and exploration.  The Miner Mountain property is 2,056.54 hectares in size.

This News Release was reviewed and approved by V.A. Preto, Ph.D., P.Eng., a Qualified Person under National Instrument 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 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.


SOURCE Sego Resources Inc.

For further information:

John Geisler, Investor Relations, ir@segoresources.com or 1-866-683-2933

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