Sego Resources Inc. - 11 Metres 1.75% Copper, 0.11 grams/tonne Gold

    TSX-V: SGZ

    VANCOUVER, June 20 /CNW/ - Sego Resources reports that additional assay
results have been received from the 3200 metre excavator trenching program on
its Miner Mountain Project. The trenching and reclamation is contracted to the
Upper Similkameen Indian Band and its highly qualified personnel. Consulting
is being provided by Vic Preto, Ph.D., P.Eng. These results are from the most
westerly zone of mineralization, known as the Regal Zone. Trench 59 continues
exploration east of the Regal Zone towards the Granby Zone, some 1000 metres
to the east. Trench 60 is the most northerly trench in the Regal Zone. Sego
Resources Inc. suspects that the Regal and Granby Zones may link together and
further trenching, to be followed by diamond drilling, is underway to
determine if the zones do, in fact, link together. Supporting the possibility
that the zones may link is a comment in the 1908 Annual Report of the Minister
of Mines in British Columbia page J-130, which states "Development consists of
three tunnels, two shafts and a series of open cuts, extending for almost a
mile along the cropping of the large copper-gold bearing lead, which strikes
across the property in a west-east direction. About 500 feet of underground
work has been completed disclosing extensive bodies of ore and coal. ... The
lead, so far as determined is from 100 to 150 feet in width and shows up for
about one mile within the limits of the property." The company developing this
showing was primarily a coal company and with the lack of a coal market all
work was terminated.
    A number of the samples in Trench 59 ran (greater than)10,000 ppm copper
which is the upper limit of accuracy for ICP methods. For this reason Sego
Resources Inc. re-assayed copper highs for total copper, and gold/silver highs
by fire assay with an ICP finish. These results are in the table. Sample
designation: C=1 metre rock chip sample, R=Rock grab sample taken from spoil
where trench was too deep and unstable to safely enter for chip sampling.

     Trench 59             Wgt/KG      Cu %      Au Gm/T           Ag Gm/T

    MM08TR59R33             1.46      1.612        0.05        (less than) 2
    MM08TR59R34             1.64      1.335        0.03        (less than) 2
    MM08TR59R35             0.77      1.215        0.08                    3
    MM08TR59R36             1.04      1.164        0.06                    3
    MM08TR59R37             1.53      0.286        0.25                    2
    MM08TR59R38             1.55      0.618        0.03        (less than) 2
    MM08TR59R39             1.45      1.631        0.05                    4
    MM08TR59R40             1.64      0.327        0.05                    2
    MM08TR59R41             1.39      2.014        0.06                    3
    MM08TR59R42             1.56      2.285        0.15                    2
    MM08TR59R43             0.94      2.063        0.11                    4
    Weighted Average (11M)             1.75        0.11

     Trench 59             Wgt/KG      Cu %      Au Gm/T           Ag Gm/T

    MM08TR60R05             1.26      0.197        0.08                    2
    MM08TR60R06             1.51      0.319        0.06        (less than) 2
    MM08TR60R07             1.83      0.173        0.02                    2
    MM08TR60R08             1.18      0.352        0.13        (less than) 2
    MM08TR60R09              1.1       0.78        0.52                   13
    MM08TR60R10             1.81       0.36         0.2                    2
    Weighted Average (6M)              0.50        0.22

    A map showing the trench locations is available on the Sego website

    Sego Resources is continuing a program of trenching, rock geochemical
analysis and re-assay where necessary to be followed by diamond drilling.
Results will be announced as they are available. The Miner Mountain Project is
a Copper Gold Porphyry Project near Princeton, BC, 15 kilometres north of
former producer Copper Mountain Mining Corporation's advanced project, in the
Traditional Territory of the Upper Similkameen Indian Band. Sego has an MOU
with the Upper Similkameen Band. The Miner Mountain property is 2400 hectares
in size. Sego Resources has funding in place for a one million dollar
exploration program in 2008. (Note News Release dated January 2, 2008)

    This news release has been reviewed and approved by Vic Preto, Ph.D,
P.Eng., an independent qualified person as defined by NI43-101.

    J. Paul Stevenson, CEO
    Sego Resources Inc.

    "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:

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,

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890