The Venture Letter™ introduced readers to Sego Resources Inc. (TSXV:SGZ) in January 2018 – TVL – Case for Copper & Sego Resources Intro 0118 Our report outlined the company’s hunt for a major, new copper/gold porphyry system in southern British Columbia, Canada directly across from the long-producing Copper Creek Mine.
We are pleased to report that Sego Resources just announced, on top of their previous, strong copper results from drilling, two drill holes that returned major gold intersections of:
- 88.1 metres of 1.08 g/t gold &
- 59.1 metres of 1.03 g/t gold
These are excellent results from drilling – a significant, new discovery in B.C.
J. Paul Stevenson, Sego’s Chief Executive Officer, stated: “The Southern gold zone drill results are exciting! The zone is open in all directions except to the south, with excellent potential to add bulk gold-bearing mineralization. The Southern gold zone is most likely a distal expression of a blind porphyry copper-gold mineralization within a broader area of porphyry copper-gold system at the Miner Mountain project.”
Sego Resources’ stock recently jumped from C$0.04 to $0.16 on massive volume. We predict the price of gold will hit astronomical, new highs and copper is stronger than it has ever been. This is definitely one stock to keep a close eye on!