Sego Resources Inc. announced that the company has received a new five-year multiarea exploration permit valid to August 24, 2029 and 2023 programs plans for the Miner Mountain Project, near Princeton, BC. The 2023 drill program will commence in the SouthernGold Zone with several short drill holes located on an 80 metre interval between and parallel to previously mineralized drilled sections. These new results will be required to confirm the grade and widths of the SouthernGold Zone in this area and to complete a maiden resource calculation of the SouthernGold Zone.

Based on geology, soil, and chargeability anomalies, as well as sporadic copper mineralization known to the northeast of the SouthernGold Zone, Sego Resources plans to drill for potential copper-gold porphyry mineralization north of the SouthernGold Zone. Recent case studies have shown that lateral and higher gold zones can be found above deeper porphyry copper-gold mineralization, as seen in the New Afton deposit. Sego also intends to explore the Cuba Zone as well as the Granby and Quintana Zones to the north.

Shallow-dipping faults have truncated and offset deeper copper-gold mineralization in these zones particularly the Cuba Zone. To evaluate the deeper potential of these zones, long drill holes will be necessary. Prior to the onset of the 2023 drill program the current Archeological Review will be extended and updated.

Concurrent with this review, data from polished drill core thin sections from the SouthernGold Zone will be evaluated to help guide deep drill exploration. Sego Resources anticipates a start date of mid to late April for this work.