Sego Has Mobilized Drill and Team to Miner Mountain
Rhea-AI Summary
Sego Resources (OTC:SGOZF) mobilized a diamond drill and field team to the Miner Mountain alkalic copper-gold and gold project on November 12, 2025. A ~1,000 m drill program is anticipated, targeting near-surface South Gold Zone continuity and deeper porphyry copper-gold mineralization in the Cuba Zone. South Gold Zone has historical intersections to 1.08 g/t Au over 88.0 m and a prior SRK review estimated 90,000–150,000 oz of near-surface gold as a target. Four holes (~470 m) will test an 80 m gap to support elevating the zone to an NI 43-101 "possible" category. A non-cyanide leach test will be run to follow a 95% cyanide bench result from 2021.
Positive
- Diamond drill mobilized to Miner Mountain on November 12, 2025
- Planned program of ~1000 m targets both gold and copper zones
- South Gold Zone target of 90,000–150,000 oz near-surface gold
- Historical intercept: 1.08 g/t Au over 88.0 m (South Gold Zone)
- Planned Cuba Zone deep hole to ~500 m below +1% Cu intersection
- Non-cyanide leach testing to follow 95% cyanide bench recovery
Negative
- South Gold Zone continuity untested across an 80 m gap
- Planned program size (~1000 m) is limited for full resource upgrade
- Current NI 43-101 status only targeted to a "possible" category
News Market Reaction – SGOZF
On the day this news was published, SGOZF gained 80.00%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - November 12, 2025) - Sego Resources Inc. (TSXV: SGZ) ("Sego" or "the Company") is pleased to announce that the diamond drill and field team have arrived at the Miner Mountain Alkalic Copper-Gold and Gold project. The team is now preparing drill pads in advance of the driller's arrival. A total of ~1000 m drilling is anticipated.
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.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1056/274115_5e97b51ec4011b5c_002full.jpg
Figure 2. North-northeast long section of the Cuba Zone mineralization; distance between horizontal lines are 150 m apart.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1056/274115_segof2.jpg
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 containing0.6% 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.
About the Project
Sego is
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/274115