Sego Completes Four Drill Holes at South Gold Zone, Cuba Zone Deep Hole Underway

Rhea-AI Summary

Sego Resources (SGOZF) announced completion of four diamond drill holes in the South Gold Zone at Miner Mountain and that core logging and sampling are underway with initial samples ready to ship to AGAT Laboratories in Calgary.

The release notes that Miner Mountain hosts near-surface disseminated gold in the South Gold Zone and deeper alkalic porphyry copper-gold mineralization in the Cuba Zone. A deep Cuba Zone hole is now being drilled. Figures showing proposed drill holes and a long section are available via the company’s linked images.

Key Figures

Completed drill holes: 4 drill holes Section spacing: 150 m

2 metrics

Completed drill holes 4 drill holes South Gold Zone program at Miner Mountain

Section spacing 150 m Distance between horizontal lines in Cuba Zone long section

Market Reality Check

Price: $0.0600 Vol: Volume 30000 matches the ...

normal vol

$0.0600 Last Close

Volume Volume 30000 matches the 20-day average of 30000, showing no pre-news pickup. normal

Technical Price at 0.025 is below the 200-day MA of 0.03, indicating a weaker longer-term trend.

Peers on Argus

Peers showed mixed strength: ABEPF up 5.5, PEMSF up 7, SPARF up 20.89, while FNI...

Peers showed mixed strength: ABEPF up 5.5, PEMSF up 7, SPARF up 20.89, while FNICF and FLMCF were flat. SGZ itself was unchanged, suggesting stock-specific rather than broad sector momentum ahead of this update.

Market Pulse Summary

This announcement highlights completion of four diamond drill holes in the South Gold Zone and the s...

Analysis

This announcement highlights completion of four diamond drill holes in the South Gold Zone and the start of a deep hole in the Cuba Zone at Miner Mountain, with samples headed to the lab. With shares previously trading at 0.025 on typical volume and below the 200-day moving average of 0.03, investors may focus on upcoming assay results, follow-up drilling plans, and any future disclosures on grade, thickness, and continuity of copper-gold mineralization.

Key Terms

alkalic porphyry, diamond drill holes, mineralization

3 terms

alkalic porphyry technical

"Alkalic Porphyry Copper-Gold mineralization that occurs at Miner Mountain..."

An alkalic porphyry is a type of underground rock body formed when mineral-rich molten rock cools and crystallizes, creating a large, often porous mass that commonly concentrates metals such as copper, gold and sometimes molybdenum. For investors, these deposits matter because they can host large, high-value ore bodies; thinking of the rock like a cookie with concentrated metal “chips” helps explain why finding one can underpin a long-lived, potentially profitable mine.

diamond drill holes technical

"The South Gold Zone diamond drill holes are now being logged and sampled..."

Diamond drill holes are cylindrical samples of rock obtained by drilling into the ground with a drill bit tipped with industrial diamonds to cut out a continuous core. For investors, these cores act like a vertical slice through the earth that geologists analyze to see what minerals, concentrations and rock structures are present, helping estimate how much valuable material might be underground and how economically viable a deposit could be — like taking a biopsy of a cake to judge its ingredients and quality.

mineralization technical

"North-northeast long section of the Cuba Zone mineralization; distance between..."

Mineralization is the presence and concentration of valuable minerals, like gold or copper, within rock or soil in a specific area. For investors, it signals whether an exploration project might contain enough ore to justify a mine — think of it like finding a pocket of chocolate chips in a cookie: the more chips and the closer they are together, the more likely the cookie is worth digging into. Mineralization levels directly affect resource estimates, project economics and company value.

AI-generated analysis. Not financial advice.

Vancouver, British Columbia--(Newsfile Corp. - December 5, 2025) - Sego Resources Inc. (TSXV: SGZ) ("Sego" or "the Company") is pleased to announce that the drilling in the South Gold Zone has been completed. The drill holes are those recommended by SRK Consulting Canada, Figure 1.

Alkalic Porphyry Copper-Gold mineralization that occurs at Miner Mountain encompasses near-surface, disseminated gold mineralization in the South Gold Zone and deeper porphyry structural controlled copper-gold mineralization in the Cuba Zone.

The drill core is now being logged and sampled with first samples ready to ship to the lab.

The South Gold Zone diamond drill holes are now being logged and sampled with first samples ready to ship to AGAT Laboratories Calgary, Alberta

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1056/277056_image1.jpg

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.

 To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1056/277056_28b8a22df4ae9905_001full.jpg

Copper-Gold Cuba Zone deep hole drilling is now underway. Figure 2

Figure 2. North-northeast long section of the Cuba Zone mineralization; distance between horizontal lines is 150 m.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1056/277056_6f86bf5004aabbe3_001full.jpg

J Paul Stevenson, CEO, Director

For further information please contact:
J. Paul Stevenson, CEO 

(604) 682-2933 

ceo@segoresources.com

About the Project

Sego is 100% owner of the Miner Mountain Project, an alkalic copper-gold porphyry and gold exploration project located near Princeton, British Columbia. The property is 2,056 hectares in size and is 15 km 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 on the Miner Mountain Project.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No regulatory authority has approved or disapproved the information contained in this news release.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statement of historical facts that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects re forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277056

FAQ

What did Sego Resources (SGOZF) announce on December 5, 2025 about Miner Mountain drilling?

Sego said four diamond drill holes at the South Gold Zone were completed and core is being logged and sampled, with first samples ready to ship to AGAT Laboratories.

Is Sego Resources drilling deeper targets at the Cuba Zone (SGOZF)?

Yes. The company reported a deep hole in the Cuba Zone is currently underway to test porphyry copper-gold mineralization.

Where will Sego Resources send the initial South Gold Zone samples (SGOZF)?

The release states initial samples are ready to ship to AGAT Laboratories, Calgary, Alberta.

What types of mineralization is Sego targeting at Miner Mountain (SGOZF)?

Sego described near-surface disseminated gold in the South Gold Zone and deeper alkalic porphyry copper-gold mineralization in the Cuba Zone.

Will Sego Resources provide drill maps or sections for the Miner Mountain program (SGOZF)?

Yes. The company included links to figures showing proposed drill holes and a north-northeast long section of the Cuba Zone in the announcement.