Sego Has Mobilized Drill And Team To Miner Mountain
Alkalic Porphyry Copper-Gold mineralization that occurs at Miner Mountain encompasses a disseminated, near-surface bulk mineable disseminated gold mineralization in the South Gold Zone and deeper porphyry structural controlled copper-gold mineralization in the Cuba Zone.
Drill intersections of the South Gold Zone range to maximum 1.08 gpt gold over 88.0 m and occur within a mineralized oval zone measuring 285 m long, a maximum 145 m wide and vertical depth of ~70 m (Figure 1).
Program – South Gold Zone
- The South Gold Zone status is currently viewed as a "Target Reviewed" 90,000 to 150,000 ounces of gold in near surface mineralization, based on the 2024 SRK Canada Consulting review (Sego News Release September 24, 2024).
Four holes that total ~470 metres are planned to confirm the continuity of gold mineralization in the 80 m gap between sections on the attached map of the South Gold Zone, collect specific gravity measurements of drill core and elevate the Gold Zone into an NI 43-101 resource "possible" category (Figure 1, collars A to D). A non-cyanide based leaching process of South Gold Zone samples will be tested to confirm a preliminary bench scale cyanide test which returned gold recoveries of 95% completed in 2021 (News Release, August 11, 2021) and to also improve the economic and environmental benefits of this new process.

Figure 1. Proposed drill holes (green) at the South Gold Zone, gold grade (Au) and intervals of diamond drill holes, the boundary of mineralization (red) and on a geological base map.
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Figure 2. North-northeast long section of the Cuba Zone mineralization; distance between horizontal lines are 150 m apart.
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Program – Cuba Zone
- Deep drill holes are planned in the Cuba Zone located 1,700 m northeast of the South Gold Zone.
A diamond drill hole will explore ~500 m depths below a +1% copper porphyry intersection shown in a long section in Figure 2. Drill hole 37 carried 4.4 m of 1.2% copper and 0.24 gpt gold within a wider 11 m interval containing 0.6% copper, 0.12 gpt gold mineralization at the final depth of 233 m (News Release February 28, 2019).
In addition, platinum group metals will be analyzed in zones of new mineralization which are indicated in 0.13 gpt palladium over 2 m in drill hole 37 (News Release October 24, 2023).
Qualified Person
The technical information in this news release was reviewed and approved by Ron Britten, Ph.D., who is a Qualified Person under the definitions established by NI 43-101 and is a consultant to the company.
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