Assay results were received in August.
Hole 42, collared in the
Hole 45 was drilled below percussion drill hole 109 which intersected 0.33% Cu and 0.16 g/t Au over 26 m in the Upper Regal zone. Results of 0.16% and 0.40% Cu and 0.054 and 0.421 g/t Au were recorded in hole 45 over two intervals of 7.55 and 2.85 m, respectively. The higher grade values are associated with fault breccia fragments of mineralized monzonite in the lower intersection indicating a nearby mineralized intrusion. Future drilling of this target is planned.
Holes 43 (ended at 310 m) and 44 (91 m) were targeted on results of percussion hole 136 that returned 0.23% Cu and 0.10 g/t Au over a 56 m interval as well as trench results of 0.63% Cu and 0.30 g/t Au over a 13 m length in the Empress Zone. These holes did not intersect significant results, although sporadic 0.1% Cu values were noted at various depths. The near surface mineralization occurs in a slump block, the source of which has not been located, and does not extend to depth.
The South Gold zone was considerably upgraded early in the 2020 season (News Release,
Drill core and rock samples were shipped to MSALABS in
Control samples comprising certified reference samples and blank samples were systematically inserted into the sample stream and analyzed as part of the Company's quality assurance / quality control protocol.
A work program in September will involve mapping, channel sampling and trenching on the margins of the South Zone Gold zone to fine tune a late fall drill program.
There is no material change about the issuer that has not been generally disclosed.
Sego is 100% owner of the
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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.
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