Sego Resources Inc. ("Sego" or the "Company") is pleased to report that ithas begun a2,000 metre third phase percussion drill program targeting theeastern extensions of the new zone outlined in the phase II program (See NRApril 20, 2011 and November 4th 2011 for past drilling results).
The Phase II drilling intercepted wide zones of mineralization and intenselyaltered rock. The percussion chips were split by 2-metre interval, with halfbeing sent to Acme Labs in Vancouver for ICP analysis and fire assay. Fire assayresults will be released when received and reviewed.
Sego Resources Inc. is a mineral exploration company, exploring the MinerMountain Project, a large scale porphyry copper-gold target northeast ofPrinceton B.C. Exploration to date, has located zones of surface copper-goldmineralization and drilling has confirmed the presence of significantcopper-gold grades at depth. The Miner Mountain Project is 15 kilometres northof Copper Mountain Mining Corporation's former copper producer (closed 1996)that resumed production in August 2011. The Miner Mountain Project is situatedwithin the traditional territory of the Upper Similkameen Indian Band with whomSego Resources Inc. has a memorandum of understanding which provides aconstructive framework for future development and exploration. The MinerMountain property is 2,056.54 hectares in size.
This News Release was reviewed and approved by V.A. Preto, Ph.D., P.Eng., aQualified Person under National Instrument 43-101.
J. Paul Stevenson, CEO Sego Resources Inc.
Neither the TSX Venture Exchange nor its Regulation Services Provider (asthat term is defined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.
No regulatory authority has approved or disapproved the information containedin this news release. This release includes certain statements that may bedeemed "forward-looking statements". All statements in this release, other thanstatement of historical facts, that address future production, reservepotential, exploration drilling, exploitation activities and events ordevelopments that the Company expects are forward-looking statements. Althoughthe Company believes the expectations expressed in such forward-lookingstatements are based on reasonable assumptions, statements are not guarantees offuture performance and actual results or developments may differ materially fromthe forward-looking statements. Factors that could cause actual results todiffer materially from those in forward-looking statements include marketprices, exploitation and exploration successes, continued availability ofcapital and financing, general economic, market or business conditions.Investors are cautioned that any such statements are not guarantees of futureperformance and that actual results or developments may differ materially fromthose projected in the forward-looking statements.
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SOURCE: Sego Resources Inc.