MORE (PRINCETON)PRINCETON HEATS UP: 1ST COPPER MT. ; NEXT: SEGO (SGZ: TSX venture) ??
The old Copper Mountain Mine (CUM) has once again started production. Dr. Copper has given it a new lease on life, aided by high prices and continued world high demand for the ‘red metal’. High paid permanent mining jobs will add millions of dollars to the Princeton economy specifically and the provincial economy in general.
SEGO RESOURCES INC. has been systematically exploring their leases, located within a stone’s throw of Princeton , close to Copper Mountain and easily accessible by automobile. Initial deep trenching has produced 5 meters of 7.88% copper, 35 Grams/T. silver and 3.04 Grams/T. gold. Subsequently, the company has drilled a grid of several percussion holes to determine the optimal location of future deep diamond drilling.
SEGO’S geologists have utilized the latest state-of-the-art electronic technology in order to maximize their percussion drilling effectiveness. The company awaits its confirming assays. Phase 2 of the drilling program is funded and ready to go on a 12 month basis.
For details check the company website: www.segoresources.com
Trading Symbol: SGZ: (TSX venture) Share Price: $.25