Mr. J. Paul Stevenson reports
SEGO RESOURCES INTERSECTS 100 METRES OF 0.626 GPT GOLD, INCLUDING 24.37 METRES OF 0.958 GPT GOLD
Sego Resources Inc. has released the results from four drill holes in the southern gold zone and one hole in the Cuba zone area of the Miner Mountain porphyry copper-gold project near Princeton, B.C. (table 1). The southern gold zone is an intrusion hosted disseminated gold zone.
Samples were shipped to AGAT Laboratories, in Calgary, Alta., an independent laboratory, with ISO/IEC 17025:2017 accreditation. The samples were tested by ICP (inductively coupled plasma) utilizing aqua regia digest -- metals package, ICP-OES (optical emission spectroscopy)/ICP; gold was also fire assayed with a 30g sample weight. The samples were across a one-metre core length.
DDH (diamond drill hole) 68 was located north of the southern gold zone without reaching it at depth and diamond drill hole 67 was collared to locate the southern boundary of gold mineralization, which was intersected at about 20 metres, with gold grades up to 0.299 gram per tonne (gpt) over 1.86 metres.
The southern gold zone is primarily hosted by a fine-grained biotite diorite pervasively altered to variable amounts of calcite, chlorite, sericite, albite and K feldspar. Disseminated very fine-grained pyrite, hematite and relatively minor chalcopyrite are common and also noted in microfractures and lesser calcite-chlorite veinlets. Gold intervals more than 0.10 gpt are spatially associated with variable strengths of alteration assemblages and of pyrite-hematite and chalcopyrite. Very fine-grained (more than five microns) gold is difficult to recognize in some samples and to confirm would require scanning electron microscopy of polished thin sections.
A preliminary metallurgical bench-scale test from a drill core sample reported in news release dated Aug. 11, 2021, concluded that "9.8 per cent of the gold reports to gravity concentration and 59.3 per cent recovered in one hour and 72.6 per cent after three hours using a cyanide leaching process. An impressive 95.8 per cent of the gold recovered from the core sample with no additional testing."
Sego plans to submit the data for the preparation of an inferred resource calculation on the southern gold zone.
Diamond drill hole 71 was drilled from the south of the Cuba zone and encountered extensive alteration, which carried weak Cu (copper) and Au (gold) values. Unfortunately, this hole was lost at 580 metres.
An IP (induced polarization) survey is planned to define and extend a known deep chargeability anomaly located north of the southern gold zone, and results will support deep exploration for porphyry copper-gold mineralization.
Diamond drilling is scheduled to commence on April 22, 2026.
Quality assurance/quality control
Control samples comprising certified reference samples, duplicates and blank samples were systematically inserted into the sample stream and analyzed as part of the company's quality assurance/quality control protocol. Drill core is HQ in all results. Samples are one-half core with the exception of duplicates, which are one-fourth core. The company will also be sending check assays to another laboratory as part of the quality assurance and quality control protocol.
This news release was reviewed and approved by Tor Bruland, PGeo, who is a qualified person under the definitions established by National Instrument 43-101 and is an independent consulting geologist commissioned by Sego Resources.
About the project
Sego is the 100-per-cent owner of the Miner Mountain project, an alkalic copper-gold porphyry exploration project near Princeton, B.C. The Miner Mountain project combines alkalic porphyry copper-gold mineralization in the Cuba and other zones, and the unusual gold mineralization in the southern gold zone, which may be distal to an alkalic copper-gold porphyry. The property is 2,056 hectares in size and is located 15 kilometres north of the Copper Mountain mine operated by Hudbay Minerals Inc. Sego has a memorandum of understanding with the Upper Similkameen Indian Band, on whose traditional territory the Miner Mountain project is situated. Sego has received an Award of Excellence for its reclamation work at Miner Mountain.
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