Welcome to our dedicated page for SEGO RES news (Ticker: SGOZF), a resource for investors and traders seeking the latest updates and insights on SEGO RES stock.
SEGO RES INC (SGOZF) is a mineral exploration company focused on advancing copper-gold porphyry targets through systematic exploration and technical partnerships. This page serves as the definitive source for corporate news and operational updates related to the Miner Mountain Project and other strategic initiatives.
Investors and industry observers will find timely updates on drilling results, regulatory filings, and partnership developments. Our curated news collection includes earnings announcements, exploration milestones, and technical reports that reflect the company's commitment to transparent resource development in British Columbia's mining sector.
The page features verified information across key categories: exploration progress reports, regulatory compliance updates, strategic partnership announcements, and technical analysis disclosures. All content is sourced from official company communications and regulatory filings to ensure accuracy.
For stakeholders tracking copper-gold exploration in Canada's mining sector, this resource offers organized access to SEGO RES INC's evolving story. Bookmark this page for efficient monitoring of corporate developments that may impact long-term resource potential and market positioning.
Sego Resources Inc. (TSXV: SGZ) has received an Exploration Target Review from SRK Consulting for the South Gold Zone at its Miner Mountain Project. The review estimates a potential 5,000,000 to 8,000,000 tonnes of mineralization with 0.5 to 0.7 grams per tonne of gold, potentially containing 100,000 to 150,000 ounces of gold. SRK developed a 3D litho-structural model and proposed additional infill drilling locations to test structural features and potentially increase the target size.
The study is based on 22 diamond core holes and 1,545 gold assay data. SRK used Inverse Distance interpolation and an average specific gravity of 2.7 to estimate tonnage. Next steps include completing SRK's recommended drilling and further exploration of a copper-gold porphyry target north of the South Gold Zone.
Sego's Board has granted 6,775,000 stock options to directors, officers, and consultants, exercisable at $0.08 until July 25, 2029, subject to TSX Venture Exchange approval.
On July 9, 2024, Sego Resources (TSXV: SGZ, OTC Pink: SGOZF) announced changes to its board of directors. Sven Gollan has resigned due to his commitments as CEO of Teako Minerals. Sego has appointed Paul McGroary, an experienced director from Copper Lake Resources, to the board. McGroary brings over 30 years of experience in mining exploration, oil, and marketing technologies. The board expressed gratitude for Gollan's contributions and looks forward to McGroary's input.
Sego Resources has engaged SRK Consulting to develop a 3D geological model and estimate the exploration target potential for the Southern Gold Zone at the Miner Mountain Project. This zone features fine-grained disseminated gold within altered intrusions and volcanics, extending from the surface down to a vertical depth of 80-100 meters. The mineralization zone measures approximately 280 by 140 meters. Significant drill intersections were reported, including a 59.11m interval with 1.03 g/t gold (DDH-46) and an 88.11m interval with 1.08 g/t gold (DDH-47). This initiative marks an essential step in advancing the exploration and development of Sego's copper-gold porphyry targets.
Elliot Strashin purchased 5,000,000 private placement units of the Company at $0.02 per unit, triggering the filing of an Early Warning Report. He now holds approximately 14.66% of the issued and outstanding common shares. All securities are held for investment purposes, with potential future purchases or sales based on market conditions.
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