Copper and Gold Project New Gold Zone to be Explored New ...

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Copper and Gold Project New Gold Zone to be Explored New Drill Targets Identified Close to Copper Mountain Mine

Transcript of Copper and Gold Project New Gold Zone to be Explored New ...

Page 1: Copper and Gold Project New Gold Zone to be Explored New ...

Copper and Gold Project

New Gold Zone to be Explored

New Drill Targets Identified

Close to Copper Mountain Mine

Page 2: Copper and Gold Project New Gold Zone to be Explored New ...

CAUTIONARY DISCLAIMER: FORWARD LOOKING STATEMENTS

Certain statements contained herein regarding the Company and its operations constitute “forward-looking statements”

within the meaning of the United States Private Securities Litigation Reform Act of 1995. All statements that are not

historical facts, including without limitation statements regarding future estimates, plans, objectives, assumptions or

expectations for future performance, are “forward-looking statements.”

We caution you that such “forward-looking statements” involve known and unknown risks and uncertainties that could

cause actual results and future events to differ materially from those anticipated in such statements. Such risks and

uncertainties include fluctuations in precious metal prices, unpredictable results of exploration activities, uncertainties

inherent in the estimation of mineral reserves and resources, fluctuations in the costs of goods and services, problems

associated with exploration and mining operations, changes in legal, social or political conditions in the jurisdictions

where the Company operates, lack of appropriate funding and other risk factors, as discussed in the Company’s filings

with Canadian and American Securities regulatory agencies.

Resource and production goals and forecasts may be based on data insufficient to support them. Dr. Selina Tribe is the

Qualified Person for the Company as required by NI 43-101. The Company expressly disclaims any obligation to update

any forward-looking statements.

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A Compelling Copper and Gold project

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GRADEEXPANSION OF EXISTING

TARGETS AND NEW DRILL

TARGET

Pervasive alteration over 2,500

metres by 2,000m open under till

blanket

SIZE

15 kilometres north of the

operating Copper Mountain

Mine in British Columbia

(CuMtn/Mitsubishi)

LOCATIONExciting New Southern Gold Zone

Developments

New expansion west of the Cuba

Zone

High Grade target at Cuba Zone

POTENTIAL

NEW GOLD ZONE

that includes 0.65 g/t gold over

continuous 62 m, which includes

30 m of 1.02 g/t gold, and 0.31

g/t gold over 40 m in 2 trenches

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• 8 currently operating

porphyry copper mines

• Strong Governmental

support for responsible

resource development

• Endowed with over 1,000

kilometres of Cu-Au

porphyry prospective

geology

• 8 new copper-gold porphyry

discoveries since 2006

Red Chris

Mt. Milligan

Mt. Polley

New Afton

Vancouver

Sego’s

Miner

Mountain

BRITISH COLUMBIA: A Proven Jurisdiction

Highland Valley

Huckleberry

Gibraltar

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SOUTHERN BC: A Porphyry Superhighway

• Copper majors at work in

the belt since 2009 include;

• Teck Resources

• Xstrata Copper

• KHGM Polska

• Kaizen Discovery

(Robert Friedland)

• Mitsubishi Materials

• Antofagasta Minerals

• New Afton, Highland Valley

and Copper Mountain

(Ingerbelle) all contain or

contained prior to mining

high grade copper

resources

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Princeton

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MINER MOUNTAIN: Close to Infrastructure

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Copper Mountain Mine

Sego Resources drilling at Miner Mountain

MINER MOUNTAIN: Close to Infrastructure

• The hurdle for an economic discovery is lower due to short trucking distance

Reserves (2018) 133 Million Tonnes at 0.35% Cu and 0.12 g/t Au

Resources (2018) 244 Million Tonnes at 0.33% Cu and 0.11 g/t Au (M+I)

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MINER MOUNTAIN: Exploration History

Previous Exploration

Granby ZoneRegal

Landslide

Gold-Copper

Target

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1000m

N

Legend

Drill collar

Copper in trench

(ppm)

Cuba Zone

• Copper discovered in Regal Landslide

area in 1908 whilst mining for coal

• Granby Consolidated Mining

discovered the Granby zone in the

1950’s

• Sego options property in 2007 and

drilling defines mineralisation in the

Cuba zone including;

- DDH 12-21: 100 m of 0.95% Cu and 0.55 g/t Au

- DDH 08-4: 52.47 m of 0.41% Cu and 0.12 g/t Au

• Systematic mapping, trenching, soils,

magnetics and induced polarization

surveys reveal new drill targets

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NEW TARGET: SOUTHERN GOLD ZONE

The new Southern Gold

Zone is hosted in Diorite

and Microdiorite within

the northern margin of a

magnetic high.

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NEW TARGET: Southern Gold Zone With Magnetic High outlined in dotted blue line

The gold

mineralization is

disseminated in

diorite or

microdiorite

intrusions

associated with

pervasive

chlorite, sericite,

calcite or iron

oxide alteration.

The Southern

Gold zone

measures 150 to

200 m and is

open to the

northeast and

southwest.

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NEW TARGETS: IP TARGETS

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Diamond Drill

Hole 20-45

intersected

mineralized

Monzonite

Breccia within the

margin of Upper

Regal

Chargeability

High Anomaly

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DEEP TARGET: SIGNIFICANT CUBA ZONE GRADES

Long section with copper assays shown looking towards Northeast

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A A’

MM-12-21:

100 m of 0.95% Cu, 0.55 g/t Au

MM-12-26:

12.2 m of 1.16% Cu, 0.76 g/t Au

MM-17-30:

105 m of 0.31% Cu, 0.08 g/t Au MM-18-34

18 m of 0.56% Cu, 0.06 g/t Au

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NEW TARGET: Cuba Zone High Grade CONTINUES

THE PROBLEM AND THE OPPORTUNITY!

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Drilling deeper for >1% hypogene copper porphyry is a compelling target

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NEW TARGETS: Cuba Zone High Grade - Analogue

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• Analogue to high level

alteration at Cadia

East, Lachlan Fold

Belt, Australia

Potassic III alteration with Chalcopyrite

Late Potassic IV overprinting early alteration

Cross section 15820E,

Cadia East porphyry Au-Cu

deposit, Lachlan Fold Belt,

Australia. The upper zone

of “potassic IV” and “sodic

II, phyllic” alteration above

the principal ore zone are

where the late state albite –

K-felspar – sericite – pyrite

alteration event has

overprinted earlier-formed

chalcopyrite – biotite

alteration (early-stage

“Potassic III”). Modified

from Wilson, 2003.

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NEW TARGETS: Proposed Program

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PHASE 1

Map and Sample in detail the new Southern Gold Zone

utilizing channel sampling and mechanical trenching.

Map and Sample in detail the Upper Regal newly

discovered intrusive area.

Conduct further studies of the previous drilling in the

Granby, Cuba, and Quintana Zones to better understand

the complicated structure of the area.

PHASE 2

Diamond drill program on the new Gold Zone.

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Current Stock Information October 9, 2019

Trading symbol:

Stock Exchange:

Shares Outstanding:

Potential Dilution:

$0.08/$0.10 Options

$0.05/$0.06 Agent Options

$0.10/$0.15 Warrants (2020/2022)

Recent share price:

Market Capitalization:

Note: Totals may not sum due to rounding

SEGO RESOURCES: Company Snapshot

G&A burn rate of

$15,000 per

month

PrudentSGZ

TSX Venture

123,198,827

48,414,115 8,185 ,000

475,615

39,753,500

C$0.035 share

C$ 4.3 million

70% of all

money raised

spent on

exploration

Efficient

$5 million spent

on the property

Focused

Insiders own

Approximately

26% of the

company

Committed

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J. Paul Stevenson, CEO, Director - J. Paul has been active continuously in mineral exploration and development for

over 50 years with a strong focus on Porphyry Copper. In 1995 he became CEO of Pacific Booker Minerals Inc., which

reached a market capitalization of over US$350,000,000 after taking the Morrison Project to Preliminary Economic

Assessment. J. Paul is a Community Elder of the Vancouver Métis Community Association.

Brent Petterson, CPA, CFO, Director - Brent is a Chartered Professional Accountant with extensive experience working

with public mineral exploration companies.

Selina Tribe PhD, PGeo, Director - Selina is a Professional Geoscientist with over 20 years experience in mineral

exploration and resource development. She served with Pacific Booker Minerals from 2008 to 2011 and was instrumental

in advancing the Morrison Project through environmental assessment. She is a Qualified Person under NI 43-101, and a

registered member of Engineers & Geoscientists BC since 1999.

James Allan Hilton, Director - Al has been active in mineral exploration and public markets for 40 years. He served as

Director of Pacific Booker Minerals Ltd. from 1993 to 1995. He is credited with the discovery of the Samatosum Mine, a

past-producing silver mine located near Adams Lake, BC.

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Consultant Ron Britten, PhD, P.Eng. – 45 years experience focused on mineral exploration and discovery in various

countries mapping, evaluating and advising exploration projects.

SEGO RESOURCES: Selected Board and Management

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Page 18: Copper and Gold Project New Gold Zone to be Explored New ...

A Compelling Copper and Gold project

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GRADEEXPANSION OF EXISTING

TARGETS AND NEW DRILL

TARGET

Pervasive alteration over 2,500

metres by 2,000m open under till

blanket

SIZE

15 kilometres north of the

operating Copper Mountain

Mine in British Columbia

(CuMtn/Mitsubishi)

LOCATIONExciting New Southern Gold Zone

Developments

New expansion west of the Cuba

Zone

High Grade target at Cuba Zone

POTENTIAL

NEW SOUTHERN GOLD ZONE

that includes 0.65 g/t gold over

continuous 62 m, which includes

30 m of 1.02 g/t gold, and 0.31

g/t gold over 40 m in 2 trenches

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Sego Resources Inc.

Suite 310 - 744 West Hastings Street

Vancouver, British Columbia

Canada V6C 1A5

For more information contact:

Mr. J. Paul Stevenson Mr. Jean-Pierre Colin

CEO/Director Director

Ph: (604) 682-2933 Ph: (416) 573-4300

Email: [email protected]

Web: www.segoresources.com

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SEGO RESOURCES: Contact Details