VANCOUVER, July 22, 2013 /CNW/ - Sego Resources Inc. ("Sego") (TSX-V: SGZ) is pleased to announce that the exploration crew is on site at Miner Mountain in preparation for the start of the 2013 drilling program. This year's Percussion Drill Program of 2,000 metres builds on the previous three phases of percussion drilling, totaling over 7,000 metres and is scheduled to start on July 25, 2013.
The focus of this drilling is to extend the Cuba Zone where 2012 diamond drilling intersected 100.39 metres of 0.95% Copper, 0.55 g/t Gold, and 3.47 g/t Silver in DDH 21 (see News Release Dated March 12, 2012) and to test new zones identified by our Airborne Survey and subsequent data re-analysis of the Titan 24 Survey data (See News Release dated June 28, 2013). Priority is being given to the targets with coincidental Magnetic, Chargeability, and soil geochemical anomalies.
Sego's sole project is the Miner Mountain Project a Copper Gold Porphyry Project near Princeton, BC, 15 kilometres north of Copper Mountain Mining Corporation's - Mitsubishi's Copper Mountain Mine. The Miner Mountain Project is situated within the Traditional Territory of the Upper Similkameen Indian Band with whom Sego has an MOU. The Miner Mountain property is 2,056.54 hectares in size.
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.
SOURCE: Sego Resources Inc.
For further information:
J. Paul Stevenson, CEO