2 stories mentioning SGZ.VUpdated 16d ago
Every FINWIRES story that references SGZ.V, newest first.
Sego Resources (SGZ.V) on Friday said it closed a non-brokered private placement of flow-through share that raised $1.06 millionThe company placed 21.2-million tax-advantaged shares priced at $0.05 in the financing.Proceeds will be spent on exploration of the company's Miner Mountain project.The company's shares last traded June 4, closing at $0.045 on the TSX Venture Exchange.
Sego Resources (SGZ.V) om Monday said it launched a three-hole, 2,000-meter, drilling program on the Miner Mountain Project in British Columbia.The drilling started north of the Cuba Zone to cross the Quintana 2009 Titan 24 inverted chargeability anomaly, said the company, adding that a percussion drill program in 2013 intersected disseminated pyrite, sericite-chlorite-carbonates alteration assemblages and returned minor copper values.Two holes are planned in the Southern Gold Zone area and a deep inclined hole north of the Southern Gold Zone where copper-gold mineralization and sporadic soil copper-gold at surface might represent porphyry mineralization reflected by a 200 to 300 meter deep inverted chargeability anomaly from geophysical survey in 2009.Additional IP lines are planned to define the 2009 survey and extend the survey to the south and west of the inverted chargeability anomaly at the edge of the 2009 survey, said the company."A shallow hole is planned east of the Southern Gold Zone to test below Cu-Au mineralization noted at surface and several % disseminated pyrite over 14 meters was intersected at the end of the 64-meter hole AX core (~1.2") drilled by "Climax Copper Co." in 1963 but not analysed for Cu or Au," added the company.The company's shares last traded April 22, closing at $0.05 on the TSX Venture Exchange.
