New Risk • May 06
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$831k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$831k free cash flow). Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$10.6m market cap, or US$7.78m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Announcement • Apr 15
Sego Resources Intersects 100 Metres of 0.626 gpt Gold, Including 24.37 Metres of 0.958 gpt Gold Sego Resources Inc. announced results from four drill holes in the Southern Gold Zone and one hole in the Cuba Zone area of the Miner Mountain Porphyry Copper-Gold project near Princeton, BC. The Southern Gold Zone is an intrusion hosted disseminated gold zone. Table 1. 2025 Drill Results Sample intervals are from core lengths, true widths are unknown. DDH ID and Dip From (m) To (m) Interval (m) Au g/t DDH25-66 -50 3.83 51.04 47.21 0.520 DDH25-67 -50 3.37 81.69 NSR DDH25-68 -50 3.78 167.03 NSR DDH25-69 50 41.60 141.96 100.36 0.626 Including 41.60 65.97 24.37 0.958 Including 75.87 94.96 19.09 0.850 Including 106.07 123.32 12.75 0.970 DDH25-70 Abandoned DDH25-71 -50 6.25 88.44 NSR NSR - No Significant Results Table 2. Significant 2021 and 2022 DDH Intersections in the Southern Gold Zone see News Release November 22, 2022. DDH ID and Dip From (m) To (m) Interval (m) Au (g/t) DDH 46 -50 3.04 62.15 59.10 1.03 DDH 47 -50 12.19 100.30 88.10 1.08 DDH 48 -50 139.50 152.23 12.70 0.18 DDH 49 -50 19.00 84.12 65.10 0.60 DDH 50 -50 11.28 105.48 94.20 0.86 DDH 52 -50 3.00 77.52 74.50 0.79 DDH 53 -50 3.10 86.00 86.50 0.16 DDH 54 -50 3.47 57.54 54.10 0.37 DDH 55 -50 4.40 84.90 80.50 0.69 DDH 56 -50 3.50 38.45 34.90 0.15 DDH 56 -50 48.80 59.20 10.40 0.17 DDH 57 -50 56.50 103.90 57.40 0.43 DDH 59 -50 63.12 143.12 80.00 0.95 DDH 60 -50 9.14 60.80 51.66 0.24 DDH-61 -50 9.14 48.77 39.63 0.27 Samples were shipped to AGAT Laboratories, in Calgary Alberta, an independent laboratory, with ISO/IEC 17025:2017 accreditation. The samples were tested by ICP utilizing Aqua Regia Digest - Metals Package, ICP-OES/ICP, Gold was also fire assayed with a 30g sample weight. The samples were across a 1 metre core length. DDH 68 was located north of the Southern Gold Zone without reaching it at depth and Diamond Drill Hole 67 was collared to locate the southern boundary of gold mineralization which was intersected at about 20 metres with gold grades up to 0.299 gpt over 1.86 metres. The Southern Gold Zone is primarily hosted by a fine-grained biotite diorite pervasively altered to variable amounts of calcite, chlorite, sericite, albite and K feldspar. Disseminated very fine-grained pyrite, hematite and relatively minor chalcopyrite are common and also noted in microfractures and lesser calcite-chlorite veinlets. Gold intervals >0.10 gpt are spatially associated with variable strengths of alteration assemblages and of pyrite-hematite and chalcopyrite. Very fine-grained (> 5 microns) gold is difficult to recognize in some samples and to confirm would require scanning electron microscopy of polished thin sections. A preliminary metallurgical bench scale test from a drill core sample reported in News Release August 11, 2021 concluded that 9.8% of the gold reports to gravity concentration and 59.3% recovered in 1 hour and 72.6% after 3 hours using a cyanide leaching process. An impressive 95.8% of the gold recovered from the core sample with no additional testing. Sego plans to submit the data for the preparation of an inferred resource calculation on the Southern Gold Zone. Diamond Drill hole 71 was drilled from the south of the Cuba Zone and encountered extensive alteration which carried weak Cu and Au values. Unfortunately this hole was lost at 580 metres. An IP survey is planned to define and extend a known deep chargeability anomaly located north of the Southern Gold Zone and results will support deep exploration for porphyry copper-gold mineralization. Diamond Drilling is scheduled to commence on April 22nd 2026. Quality Assurance/Quality Control Control samples comprising certified reference samples, duplicates, and blank samples were systematically inserted into the sample stream and analyzed as part of the Company's quality assurance/quality control protocol. Drill core is HQ in all results. Samples are ½ core with the exception of duplicates which are ¼ core. The Company will also be sending check assays to another laboratory as part of the quality assurance and quality control protocol. Announcement • Apr 14
Sego Resources Inc., Annual General Meeting, Jun 22, 2026 Sego Resources Inc., Annual General Meeting, Jun 22, 2026. Location: british columbia, Canada New Risk • Apr 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$9.53m market cap, or US$6.89m). Announcement • Apr 02
Sego Resources Inc. Announces Board Changes Sego Resources Inc. announced the appointment of Mr. Felix Grabher to the board of directors, subject to regulatory approval. Mr. Felix Grabher is the Managing Director of Grabher GmbH & Co KG, formerly known as FruchtExpress Grabher of Frastanz, Austria. Grabher GmbH & Co KG is a major food wholesale distributor serving the Austrian hospitality and foodservice sector. In his executive role, he oversees operations and strategic planning, with a focus on efficiency, supplier partnerships, and sustainable growth. Since 2020, Mr. Grabher has been actively involved as a strategic investor in the mineral exploration sector, with a particular interest in exploration-stage commodity projects and long-term value creation. Through Grabher GmbH & Co KG, Mr. Grabher has become a significant shareholder of Sego Resources Inc. commencing in 2020. He brings to the Board a long-term owner's perspective, strong commercial judgement, and practical experience in capital allocation and risk management together with significant contacts within the German speaking investment community. As part of this evolution Mr. Jean-Pierre Colin has kindly agreed to step down from the board to dedicate his full time to his corporate finance, M&A and corporate finance advisory services to public and private companies. Board Change • Apr 02
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director David Speck was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 27
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$11.7m market cap, or US$8.39m). Announcement • Mar 27
Sego Resources Inc. announced that it has received CAD 0.9256 million in funding from Strashin Developments Limited On March 26, 2026, Sego Resources Inc. closed the transaction. An insider of the Company, insider participated in the Offering for a total of 8,350,000 Units Announcement • Feb 06
Sego Resources Inc. announced that it expects to receive CAD 0.8 million in funding Sego Resources Inc. announces a non-brokered private placement to issue 13,333,333 units at CAD 0.06 per unit for gross proceeds of CAD 800,000 on February 5, 2026. Each Unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase an additional common share at CAD 0.10 for three years from the closing of the private placement. There will be no finder's fees paid on the private placement. Insiders will participate in the private placement. All of the securities sold pursuant to the offering will be subject to a four-month hold period from the date of closing. New Risk • Feb 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$594k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$594k free cash flow). Share price has been highly volatile over the past 3 months (36% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.6m market cap, or US$9.93m). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). New Risk • Feb 01
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.6m (US$9.98m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.6m market cap, or US$9.98m). Minor Risk Shareholders have been diluted in the past year (19% increase in shares outstanding). Announcement • Dec 20
Sego Resources Inc. Reports New Discovery on the Miner Mountain Project Sego Resources Inc. reported a new discovery on the Miner Mountain Project. Sego Resources reported that a new copper porphyry within the existing South Gold Zone target has been discovered in recent drilling. Four drill holes were drilled in the South Gold Zone, DDH25-66, DDH25-67, DDH25-68, and DDH25-69. Three of the drill holes in the South Gold Zone had intervals with copper porphyry mineralization, drill holes DDH25-66,DDH25-68 and DDH 25-69. Drill hole DDH25-69 contained the most extensive mineralized copper porphyry environment. The new copper porphyry is hosted in potassic (potassic (potassic feldspar) altered microdiorite and monzodiorite to monzonite, and less in volcaniclastic rocks (crystal tuffs and lapilli tuffs to ash tuffs), associated with these intrusions. The potassic (K-feldspar) alteration ranges from patchy to extensive in the mineralized areas. The zones are mineralized with chalcopyrite mostly within and around the areas of potassium feldspar alteration. Between the porphyry style mineralized segments, the core maintains geology similar to other South Gold Zone holes. Chalcopyrite was also tested using the Niton XRF analyzer, with assays to follow. Pot potassium feldspar (K-feldspar). The purpose of these drill holes was to infill a gap in the previous South Gold Zone drilling. In previous work, Sego had thought that the South Gold Zone might be near a copper-gold porphyry, but had no indication that it would be observed in these holes. The new copper porphyRY will be followed up with extensive drilling in the next program, given the nature of this discovery. The samples are prepared for shipping to the lab in Calgary. Drilling of a deep hole in the Cuba Zone continues. Announcement • Nov 06
Sego Resources Inc. announced that it has received CAD 0.6258 million in funding from Strashin Developments Limited and other investors On November 5, 2025, Sego Resources Inc. closed the transaction. The company issued 7,200,000 flow-through units at an issue price of CAD 0.025 for gross proceeds of CAD 180,000 and 11,990,000 non-flow through units at an issue price of CAD 0.02 for gross proceeds of CAD 239,800 for aggregate proceeds of CAD 419,800 in its second tranche. Insiders of the company subscribed for 5,440,000 units with Paul McGroary subscribing for 1,120,000 units and Elliot Strashin and Strashin Developments Limited, a deemed insider of the company subscribing 4,320,000 units. All securities issued on closing of the final tranche are subject to the applicable statutory four-month and one-day hold period ending March 5, 2026. The company has received conditional approval from the TSX Venture Exchange. Total gross proceeds of the financing are CAD 625,800. Finder's fees were payable on a portion of the private placement and consisted of 7% cash and 7% broker warrants, where applicable. Total finder's fees on the private placement were CAD 15,750 cash; 87,500 three-year broker warrants exercisable at CAD 0.05, and 280,000 two-year broker warrants exercisable at CAD 0.05. The broker warrants will have a hold period of 4 months and one day expiring on March 5, 2026. No payments will be made to non-arms length parties. Announcement • Jul 11
Sego Resources Inc. Plans to Advance the South Gold Zone and the Cuba Zone Porphyry Copper-Gold Mineralization Sego Resources Inc. announced that it is planning to execute a non-brokered private placement of up to $700,000 to fund a drilling and development program at its Miner Mountain Project, near Princeton, BC, subject to regulatory approval. Alkalic Porphyry Copper-Gold mineralization that occurs at Miner Mountain encompasses a disseminated, near-surface bulk mineable disseminated gold mineralization in the South Gold Zone and deeper porphyry structural controlled copper-gold mineralization in the Cuba Zone. Drill intersections of the South Gold Zone range to maximum 1.08 gpt gold over 88.0 m and occur within a mineralized oval zone measuring 285 m long, a maximum 145 m wide and vertical depth of ~70 m. Program - South Gold Zone. The South Gold Zone status is currently viewed as a "Target Reviewed" 90,000 to 150,000 ounces of gold in near surface mineralization, based on the 2024 SRK Canada Consulting review. Five holes that total ~430 metres are planned to confirm the continuity of gold mineralization in the 80 m gap between sections on the attached map of the South Gold Zone and collect specific gravity measurements of drill core and elevate the Gold Zone into an NI 43-101 resource "p possible" category. A non-cyanide based leaching process of South Gold Zone samples will be tested to confirm a preliminary bench scale cyanide test which returned gold recoveries of 95% completed in 2021 and to also improve the economic and environmental benefits of this new process. Deep drill holes are planned in the Cuba Zone located 1,700 m northeast of the South Gold Zone. Three holes will explore >200 to 500 m depths below a +1% copper porphyry intersection shown in a long section in Figure 2 that total ~1500 metres. Drill hole 37 carried 4.4 m of 1.2% copper and 0.24 gpt gold within a wider 11 m interval containing 0.6% copper, 0.12 gpt gold mineralization at the final depth of 233 m. In addition, platinum group metals will be analyzed in zones of new mineralization which are indicated in 0.13 gpt palladium over 2 m in drill hole 37. Private Placement. The offering will consist of up to 20,000,000 flow-through units ("FTU") at $0.025 per unit for gross proceeds of up to $500,000 and up to 10,000,000 non-flow-through units ("NFTU") at USD0.02 per unit for gross proceeds ofup to $200,000. The flow-through units and non-flow-through units may vary in totals depending on demand. The total of the financing is expected to be $700,000. Each FTU will consist of one flow-through common share and one common share purchase warrant. Each warrant will entitle the holder to purchase an additional common share at $0.05 for two years from closing of the private placement. Each warrant will entitle the holders to purchase an additional common share purchase warrant. Each warrants will entitle the holder to purchase a additional common share at $0.,05 for three years from the closing of the private placement. The placement may close in several tranches and insiders may participate in the private placement. The flow-through proceeds will be expended on continued exploration on the Company's Miner Mountain Copper-Gold Alkalic PorphyRY project and South Gold Zone, near Princeton, BC. The non-flow-through proceeds will be used for working capital and general corporate purposes.inder's fees may be payable on all or a portion of the offering and will consist of a cash fee of 7% and a broker's warrant, where applicable, which will entitle the holder to subscribe for one common share for two years from the closing date of the offering at $0.05 per share. This offering will be subject to the completion of formal documentation, receipt of all necessary regulatory approvals, including the TSX Venture Exchange and other customary conditions. All of the securities sold pursuant to a four-month hold period from the date of closing. The Company also plans to a four-month hold periods from the date of closing. Announcement • Jul 09
Sego Resources Inc. announced that it expects to receive CAD 0.7 million in funding Sego Resources Inc. announces a private placement to issue 20,000,000 flow-through units at a price of CAD 0.025 for gross proceeds of CAD 500,000 and 10,000,000 non-flow-through units at a price of CAD 0.02 for gross proceeds of CAD 200,000 for aggregate proceeds of CAD 700,000 on July 8, 2025. Each FTU will consist of one flow-through common share and one common share purchase warrant. Each warrant will entitle the holder to purchase an additional common share at CAD 0.05 for two years from closing of the private placement. Each NFTU will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase an additional common share at CAD 0.05 for three years from the closing of the private placement. The placement may close in several tranches and insiders may participate in the private placement. Finder's fees may be payable on all or a portion of the offering and will consist of a cash fee of 7% and a broker's warrant, where applicable, which will entitle the holder to subscribe for one common share for two years from the closing date of the offering at CAD 0.05 per share. Announcement • Jun 03
Sego Resources Inc. Announces CFO Changes Sego Resources Inc. has accepted the resignation of Brent Petterson as CFO of the Company. Mr. Petterson resigned for personal reasons. The Board of Directors of Sego has appointed Mr. Paul McGroary, Director, as CFO. Mr. McGroary is an active director of Ontario-based VMS Copper Zinc explorer Copper Lake Resources Ltd. He has broad business experience and over the last thirty years has been involved with a broad range of public and private companies spanning mining exploration, oil, and marketing technology sectors. Announcement • Mar 10
Sego Resources Inc., Annual General Meeting, May 15, 2025 Sego Resources Inc., Annual General Meeting, May 15, 2025. Location: british columbia, vancouver Canada New Risk • Oct 09
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$251k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$251k free cash flow). Share price has been highly volatile over the past 3 months (37% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.07m market cap, or US$2.97m). Minor Risk Shareholders have been diluted in the past year (10% increase in shares outstanding). Board Change • Jul 12
High number of new directors Director Paul McGroary was the last director to join the board, commencing their role in 2024. Announcement • Jul 10
Sego Resources Inc. Announces Changes to the Board of Directors Sego Resources Inc. has accepted the resignation of Sven Gollan from the board of directors of the Company. Mr. Gollan felt that he could not fulfill his duties as a director of Sego in the manner which he would like due to the extensive demands on his time as CEO of Teako Minerals Corp. Sven will maintain contact with Sego as a friend to and investor in the Company. The Board of Directors of Sego has appointed Mr. Paul McGroary to the board and welcomes his input. Mr. McGroary is an active director of Ontario based VMS Copper Zinc explorer Copper Lake Resources Ltd. Paul has broad business experience and over the last thirty years has been involved with a broad range of public and private companies spanning mining exploration, oil and marketing technology sectors. Announcement • May 02
Sego Resources Inc. announced that it has received CAD 0.3 million in funding from Strashin Developments Limited, MBP Management Ltd. and other investors On May 1, 2024, Sego Resources Inc. closed the transaction. The company has received 10,000,000 units at CAD 0.02 per unit for gross proceeds of CAD 200,000 in second and final tranche. Each unit of the financing will consist of one common share and one share purchase warrant. Each share purchase warrant will entitle the holder to purchase an additional common share at CAD 0.05 for two years from the closing date. The securities issued on closing are subject to the applicable statutory four-month and one-day hold period ending September 2, 2024. Finder's fees will be payable on a portion of the private placement and will consist of 7% cash and 7% broker warrants. Each broker warrant will entitle the holder to purchase one common share at CAD 0.05 for two years from the closing date. Insiders of the Company subscribed for 6,710,000 of the 10,000,000 units, with J Paul Stevenson subscribing for 1,110,000 units, Strashin Developments Limited, an insider of Sego by virtue of shareholdings, subscribing for 5.000,000 units and MBP Management Ltd., a company owned by Brent Petterson subscribing for 600,000 units. Announcement • Apr 20
Sego Resources Inc., Annual General Meeting, Jun 27, 2024 Sego Resources Inc., Annual General Meeting, Jun 27, 2024. New Risk • Mar 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.05m market cap, or US$2.25m). Minor Risk Shareholders have been diluted in the past year (3.4% increase in shares outstanding). New Risk • Mar 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$143k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$143k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$2.95m market cap, or US$2.18m). Announcement • Nov 15
Sego Resources Inc. announced that it expects to receive CAD 0.5 million in funding Sego Resources Inc. announced a non-brokered private placement of up to 10,000,000 critical minerals flow-through units at a price of CAD 0.04 per unit for the gross proceeds of CAD 400,000 and up to 5,000,000 non-flow-through units at a price of CAD 0.02 per unit for the gross proceeds of CAD 100,000 for the aggregate gross proceeds of CAD 500,000 on November 14, 2023. Each flow-through unit consist of one flow-through common share and one common share purchase warrant. Each warrant will entitle the holder to purchase an additional common share at CAD 0.08 for two years from closing of the private placement. Each non flow-through unit consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase an additional common share at CAD 0.05 for two years from the closing of the private placement. The placement may close in several tranches and insiders may participate in the private placement. Finder's fees may be payable on all or a portion of the offering and will consist of a cash fee of 7% and a broker's warrant where applicable. This offering will be subject to the completion of formal documentation, receipt of all necessary regulatory approvals, including the TSX Venture Exchange and other customary conditions. All of the securities sold pursuant to the offering will be subject to a four-month hold period from the date of closing. Announcement • Oct 26
Sego Resources Inc. Updates Miner Mountain Project - New Drill Target Below Cuba Zone & New Exploration Target North of Southern Gold Zone and Plans Drill Campaign Sego Resources Inc. reported that, after a full exploration data review, alkalic porphyry copper-gold (Cu-Au) mineralization has been recognized beneath the off-setting flat fault in the Cuba Zone at the Miner Mountain Property near Princeton, BC. Diamond Drill Hole 37 (DDH37) penetrated a shallow-dipping fault and intersected 11 m (metres) of 0.6% copper and 0.13 gpt (grams per tonne) gold at the bottom of the hole. Within this interval a 2 m sample was recently analyzed and returned 0.13 gpt palladium in addition to the previously reported copper and gold. The review also indicated that the geological setting of the Southern Gold Zone is very similar to the geological setting of the recently recognized gold zone at New Gold's New Afton Mine. At New Afton the gold zone is distal and lateral to the main copper-gold mineralization and a similar setting has been proposed for the Southern Gold Zone. Drilling is planned to test associated deep alkalic porphyry copper-gold mineralization to the north. Highlights Of Cuba Zone Data Review: A new deep drill target within the large IP Chargeability High below the Cuba Zone under previously intersected, shallow, Cu-Au mineralization from 0 to 150 m in the same zone; The new drill target is also beneath the shallow-dipping fault which offsets the near surface mineralization in the Cuba Zone; Palladium, commonly found in alkalic porphyries, was analyzed and confirmed in the Cu-Au mineralized zone at the bottom of DDH37. Sego plans to test the Cuba Zone. The exploration data review highlighted a significant intersection of 11 m of 0.6% copper with 0.12 gpt gold, that includes 4.4 m of 1.2% copper and 0.24 gpt gold at the bottom of DDH 37 located below the shallow-dipping fault. Disseminated chalcopyrite mineralization occurs in strongly altered fine-grained intrusion or volcanic host. During the data review the same interval was analysed for platinum group metals and a 2 m sample carried 0.13 gpt palladium. New Exploration Target South Zone: Recent 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 and their position could be similar in the Southern Gold Zone. Based on geology, soil, and chargeability anomalies, as well as sporadic copper mineralization known to the northeast of the Southern Gold Zone, Sego Resources plans to drill for potential porphyry copper-gold mineralization north of the Southern Gold Zone anticipated to occur approx. 400 to 600 m deep. Planned Drill Campaign/Website Update: A deep drill program is planned to test these two targets. The Company plans to finance and to complete this diamond drill program in late fall-early winter. Board Change • Mar 07
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 5 highly experienced directors. Director Sven Gollan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 23
Sego Resources Inc. Extends the Northern Margin of the Southern Gold Zone and Drill Test Geophysical Anomalies South of the Southern Gold Zone Sego Resources Inc. announced the results of a seven drill hole program located in the Southern Gold Zone of the Miner Mountain Porphyry Copper-Gold project near Princeton, B.C., 15 km north of the Porphyry Copper Mountain Mine. The drill program tested the northern and western extensions of the Southern Gold Zone for the potential of deeper porphyry copper-gold mineralization defined by geophysical anomalies. 2022 Diamond Drill Hole Results: The seven drill hole 2022 program that totaled 1,582 m was two pronged: DDHs 59, 60-64 to test the western and northern extension of the Southern Gold Zone and DDHs 59 and 65 to explore deep blind and deep inverted chargeability-magnetic anomalies located 200 m south of the Southern Gold Zone. The inverted geophysical data was recalculated to locate the true position of the anomalies in a volume of rock and to explore targets not exposed at surface. DDH 59 was collared 47 m north on section locating DDH 50 and 52 to test both targets to depth, the northern extension of the Southern Gold Zone and to explore the deep western margin of the chargeability and magnetic anomalies. Based on the inverted data, the anomalies were anticipated to occur at 250 to 400 m vertical depths. DDH 59 intersected the extension of the Southern Gold Zone and returned 0.95 gpt Au over 80 m. The hole defined the northern extension of Southern Gold Zone and defined a steep northern dip of the zone defined by Au data from DDHs 50 to 52. Deeper portions of the hole intersected altered green interbedded andesitic tuff and lapilli tuffs and microdiorite that contain very fine-grained disseminated pyrite and magnetite to the end of the hole at 447 m. The pyrite and magnetite are the likely cause of the chargeability and magnetic anomalies; however, Au and Cu values are low. DDHs 60 and 61 are both located on the same section 50 m west of DDHs 54 and 55 section. They intersected shallow unmineralized monzonite and deeper mineralized microdiorite or monzodiorite that penetrated a faulted contact into lower unmineralized massive to laminated sediments and tuff, that extended to the bottom of these holes. On this section the Southern Gold Zone is a moderate northwest-dipping 25 m true wide zone that contains 0.24 gpt Au over 51.7 m in DDH 60, whereas the deeper intersection in DDH 61 returned 0.27 gpt Au over 39.6 m. DDHs 62, 63 and 64 are short drill holes in two sections on the west slopes below and west of the mineralized Southern Gold Zone. They penetrated volcanic and diorite pervasively altered to moderate strength propylitic assemblages and carried low Au and Cu values. DDH 65 was collared 50 m north of DDH 49 and on the same section as DDH 53 and inclined 60° to 160°. The hole was positioned to test to the eastern deep margin of the same strong coincident inverted magnetic and chargeability anomalies 200 m south of the Southern Gold Zone and to also intersect with DDH 59. The top of the hole intersected unmineralized K feldspar- chlorite-calcite altered monzonite or monzodiorite to 152 m. From 268 m to the end of the hole at 368 m the hole intersected moderate chlorite±biotite-calcite-magnetite alteration assemblage in massive to breccia diorite that intrudes lesser amounts of volcanic rocks. The breccia matrix contains abundant magnetite and several % fine-grained disseminated widespread magnetite within this interval, and are the likely cause of both geophysical anomalies. Sporadic 1% pyrite and trace chalcopyrite noted in the interval did not return significant Au or Cu values. Proposed Drill Program: Drill holes are proposed on a subparallel section midway between sections DDHs 59-52-50 and DDHs 55-54, which are spaced 80 m apart. All of these previous holes carried significant values. The steep slope with small cliffs and a gully prohibited early drill programs that could have drill tested this section. The first and second holes will be collared 45 m apart on the northern end of the section and will be inclined 50° to 160°. A third hole inclined 50° to 340° will be positioned in the southern end of the section and will be drilled northerly to the first two holes to track the Southern Gold Zone mineralization below the cliffs. On the same pad, a fourth shallow (50 m) hole at -50° at 160° will locate the base of the Southern Gold Zone. The other proposed drill holes above will be 140 m long and will track the Southern Gold Zone at depth to add to a later resource calculation as . An 400 m deep drill hole oriented -50° at 340° on the northern end of this new drill section will explore the potential for porphyry copper-gold mineralization deep below the inaccessible steep slope to the north. Spotty Cu soil anomalies in the area and a chargeability anomaly below the slope are potential clues of deeper mineralization. Historical drill holes located 340 m north of the Southern Gold Zone intersected spotty chalcopyrite and bornite. An outlier proposed drill hole to be located 175 m east of the Southern Gold Zone on an upper bench is designed to drill below a vertical 60 m long drill hole 63-9 previously logged and recorded by Climax Copper Company Ltd. in a 1964 assessment report. A 14 m felsite unit at the bottom of the hole contained several % disseminated pyrite thought to reflect the known chargeability anomaly in the area. Chalcopyrite was not recognized, and no core was analyzed for Cu or Au in the entire hole by the previous owners. An additional single hole (140 m long) is proposed inclined at 50° at 160° to explore below the felsite unit. Board Change • Nov 17
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. Director Sven Gollan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 14
Sego Resources Intersects 0.95 g/t Gold over 80 m from the First Drill Hole (DDH 59) of Their 2022 Drill Program in the Southern Gold Zone Sego Resources Inc. announced assays of 0.95 g/t Au over 80 m from the first 150 m of DDH 59 (diamond drill hole) that intersected a deep extension of the Southern Gold Zone on the Miner Mountain Project. The property is located 15 km north of the porphyry Cu-Au mineralization at the Copper Mountain deposit and immediately northeast of Princeton, BC. The Southern Gold Zone is an intrusion hosted disseminated gold zone discovered during the Company's 2020 field program (News Release July 7, 2020) that was subsequently drilled during April 2021 (News Release May 27, 2021) and November 2021 (News Release January 31, 2022). The current seven drill-hole program (1582 m) was completed between April 20 and June 1, 2022 and analytical results from only the 150 m of DDH 59 are currently available. Analytical data from the deeper portion of DDH 59 and six drill holes (DDH's 60-65) are pending. DDH-59 was collared 50 m north of DDH 50 inclined at 50° at an azimuth of 160° and drilled to 457 m. The Southern Gold Zone was intersected between 63.12 m and 143.12 m as anticipated (News Release April 13, 2022), and included an interval of >24 g/t Au related with chalcopyrite that averaged 0.92% Cu. This deeper intersection at 0.95 g/t Au over 80 m is comparable to the results from DDH 50 (0.86 g/t Au over 94 m) and the shallower DDH 52 (0.79 g/t Au over 75 m). A >0.1 g/t Au cutoff was utilized for weight length averaging and no cutting of higher grades. The southern mineralized boundary appears to steepen at depth whereas the northern boundary is likely sub-vertical. The deeper portion of DDH 59 is also anticipated to intersect features causing the overlapping strongly induced polarized chargeability and magnetic anomalies between 250 m and 500 m. Fine-grained disseminated pyrite occurs between 215 m and 265 m and trace amounts extend to the end of the hole. Starting at 220 m, several percent disseminated magnetite hosted in a complex biotite diorite intrusionbreccia extends to the end of the hole. The disseminated pyrite and magnetite undoubtedly generated the geophysical anomalies. Only trace sporadic disseminated chalcopyrite is noted in the drill hole. Analytical results from this deeper portion of DDH 59 are pending, as mentioned above. Five holes (DDH 60-64) have tested the western extension of the Southern Gold Zone over 150 m. The seventh final deep hole, DDH 65, collared 100 m east and subparallel to DDH 59 and 50 m north of DDH 49 was drilled to test the potential of deep extension of the Southern Gold Zone and geophysical anomalies. The results of these drill holes will be released as analytical data becomesavailable. Drill core was shipped to MSALABS in Langley, BC for sample preparation and analysis. MSALABS is ISO/IEC 17025 and ISO 9001 certified. Samples were analyzed using an aqua regia digestion with an ICP finish. 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. This news release was reviewed and approved by Ron Britten, Ph.D., P.Eng., a Qualified Person under NI 43-101. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. Director Sven Gollan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 19
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 4 highly experienced directors. Director Sven Gollan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 13
Sego Resources Inc. to Commence Drill Program on Southern Gold Zone At Miner Mountain Project, British Columbia Sego Resources Inc. announce the start of a drill program at the Southern Gold Zone of the Miner Mountain Porphyry Copper-Gold project near Princeton, BC. The drill program will test the northern and western expansion of the Southern Gold Zone and will test for the potential of deeper porphyry copper-gold mineralization indicated by historical geophysical anomalies. The first proposed drill hole inclined at 50° will penetrate to a depth of 400 to 500 m and will target two zones. The first 150 m of the hole is anticipated to intersect the northern and deeper margin of the Southern Gold Zone while crossing a shallow chargeability anomaly spatially related to the gold mineralization. The deeper portion of the hole, from between 250 to 500 m will test overlapping strong induced polarized chargeability and magnetic anomalies. A Quantec Titan 24 Survey Data collected in 2009 has recently been re-processed to improve the location of the chargeability anomalies in space. There are no geological indications at surface to cause these deep anomalies, however, drilling to this depth could intersect an unexposed porphyry copper-gold zone situated well below the Southern Gold Zone mineralization. Results in DDH50 averaged 0.88 gpt Au over 94 m and DDH52 averaged 0.79 gpt Au over 74 m. Several planned holes in the western side of the Southern Gold Zone will explore over a 100 to 150 m extension of the gold mineralization. If results from DDH-59 confirm the potential for copper-gold mineralization these western holes will be extended from 125 m depths to several hundred metres. Announcement • Feb 12
Sego Resources Inc., Annual General Meeting, Apr 21, 2022 Sego Resources Inc., Annual General Meeting, Apr 21, 2022. Announcement • Feb 01
Sego Resources Inc. Announces Results from Seven Additional Diamond Drill Holes in the Southern Gold Zone of the Miner Mountain Porphyry Copper-Gold Project Near Princeton, BC Sego Resources Inc. announced results from seven additional diamond drill holes in the Southern Gold Zone of the Miner Mountain Porphyry Copper-Gold project near Princeton, BC. The Southern Gold Zone is an intrusion disseminated hosted gold zone discovered during the Company's 2020 field program and first drilled during April 2021. A third stage of the 2021 drill program at the Southern Gold Zone was completed from November 12 to 30, 2021. The time frame included a 3-day drill break caused by the heavy rains that flooded the village of Princeton and washed-out portions of Highway 3 that accesses the village for services. Seven drill holes (MM-21-52 to 58) totaled 925 m and except DDH55, all other holes were inclined 50 degree oriented to 160° azimuth. Six out of seven drill holes (MM-21-52 to 58) in this drill stage carried significant Au values. The drill results range from 0.79 g/t Au over 74.5 m to 0.15 g/t over 35 m on the east margin of the zone to contain maximum value of 5.5 g/t Au. The Southern Gold Zone was expanded to 280 m long and ~100 to 130 m wide. The zone pinches to the east where DDH 58 intersected unmineralized diorite, monzonite and sediments. On the west slope of the Southern Gold mineralized zone, DDH 54 and DDH 55 parallel other sections and were inclined 50 degrees oriented 160° and 340° collared on the same drill pad. They intersected 0.37 g/t Au over 54 m and 0.69 g/t Au over 81 m, respectively. The zone is open downslope to the west towards a lower bench ~150 m west of DDH 54 and DDH 55. The slope has poor exposure and talus effectively masks the potential of gold mineralization. Proposed holes A-C would test the immediate extension of the Southern Gold Zone and, depending on results, additional holes will test the potential farther west to the bench. 3D modelling of the geology, alteration and mineralization will be compiled to help identify deeper potential targets, either extensions of the gold mineralized zone or porphyry Cu-Au mineralization. Both would require deeper drill holes. Cu soil or talus anomalies on the slope north of the proposed holes A-C indicates a potential porphyry Cu-Au target. The Southern Gold Zone is primarily hosted by a fine-grained biotite diorite pervasively altered to variable amounts of calcite, chlorite, sericite, albite, K feldspar and other carbonates assemblages. They are based on petrographic microscope examination of 40 representative samples from holes DDH 46, 47, 49 and 50. Very fine-grained pyrite-hematite and relatively minor chalcopyrite occur as disseminated, in microfractures and lesser calcite-chlorite veinlets. Gold intervals >0.10 g/t are spatially associated with variable strengths of alteration assemblages and variable abundance of pyrite-hematite and chalcopyrite. Very fine-grained gold are difficult to recognize in some samples and would require scanning electron microscopy to confirm. The preliminary metallurgical bench scale test reported late last year concluded 9.8% of the gold reports to gravity concentration and 59.3% recovered in 1 hour and 72.6 % after 3 hours using a cyanide leaching process. An impressive 95.8% of the gold was recovered from the composite sample with additional leaching time. Announcement • Nov 27
Sego Resources Inc. Continues Drilling At the Southern Gold Zone at the Miner Mountain Project, British Columbia Sego Resources Inc. clarified that the current drilling program at the Miner Mountain Project has not been disrupted by the tragic flooding that happened in Southern BC. During the heavy rainfall the company stopped for 3 days due to muddy roads but they have been graded and maintained since then. Samples are being shipped to the lab and two drill holes remain to be completed. The Company does not anticipate any further delays. Announcement • Aug 12
Sego Resources Inc. Announces Results from Four Additional Diamond Drill Holes in the Southern Gold Zone of the Miner Mountain Porphyry Copper-Gold Project Near Princeton, Bc Sego Resources Inc. announced results from four additional diamond drill holes in the Southern Gold Zone of the Miner Mountain Porphyry Copper-Gold project near Princeton, BC. The Southern Gold Zone is an intrusion disseminated hosted gold zone discovered during the Company's 2020 field program and first drilled during April 2021. DDH49 and DDH50 were collared 52 m and 46 m to the east and west, respectively, from the DDH46 and 47 section on the same fence as DDH47. Holes were oriented -50 at 160 azimuth similar to DDH46 and DDH47. Both holes intersected significant gold mineralization to the bottom of the holes and both warrant deepening below 84.12 m in DDH49 and 104.48 m in DDH50. DDH48 was collared 72 m to the northwest located on section DDH48-47 and intersected 0.18 g/t Au between 141 to152 m and 0.85 g/t gold (g/t Au) between 172 to 174 m. The results indicate a close proximity to deeper portions to the Southern Gold mineralization. DDH51 was collared 28 m north-northwest of DDH48, and was stopped at 108.5 m due to the fire ban and did not intersect any elevated gold results. Recent tests of drill core from DDH46 and DDH47 indicate fine-grained moderate to strong amounts of K-feldspar in many of the mineralized sections are associated with <1 to 2% disseminated pyrite. Elsewhere chlorite-sericite assemblages contain similar pyrite contents and gold mineralization and both assemblages alter mainly intrusions. This relatively new type of bulk mineable target has few other indicators to guide explorers and is a challenge to shut down drill holes. Future exploration will include drill testing to the east and west trend of the Southern Gold Zone and the region deep below the current mineralized zone trend. The magnetic high anomaly below overburden that extends south of the Southern Gold Zone would be evaluated as the programs progress. Announcement • Jun 03
Sego Resources Inc. Plans to Restart the Drill Program in the Southern Gold Zone of the Miner Mountain Porphyry Copper-Gold Project Near Princeton, BC Sego Resources Inc. announced plans to restart the drill program in the Southern Gold Zone of the Miner Mountain Porphyry Copper-Gold project near Princeton, BC on June 15, 2021. This program will be a continuation of the two-drill hole program initiated April 14, 2021 that returned 1.03 gpt Au over 59 meters and 1.08 gpt Au over 88 meters. Three proposed drill holes will further test the Southern Gold Zone to the north, east, west and depth defined in the previously drill intersected mineralization. Announcement • May 28
Sego Resources Intersects 59 Metres and 88 Metres of >1 Gram/Tonne Gold (Gpt Au) at Miner Mountain Project Sego Resources Inc. announced results from two diamond drill holes in the Southern Gold Zone of the Miner Mountain Porphyry Copper-Gold project near Princeton, BC. The Southern Gold Zone is an intrusion disseminated hosted gold zone discovered during the Company's 2020 field program. Shallow (DDH 46) and deeper (DDH47) holes tested the Southern Gold Zone, located on a central 160o trending section with collars separated 78 m apart inclined 50o south. Both intersected >1.0 gpt Au over 59 and 88 m from surface and include 2.94 gpt Au over 15.2 m and 2.44 gpt Au over 19.8 m. The two holes penetrate variable microdiorite, minor monzonite or monzodiorite, diorite, tuff or local bedded tuffaceous sediments. Variable textures in the generally fine-grained units exhibit episodic intrusion events, intrusion breccias, hornfelsed host rocks, many crackled and all overprinted by chloritic or K-feldspar dominant alteration assemblages. Brittle brecciation generates a chaotic fragmental texture and late carbonate veins, veinlets, microfractures or stock work occur throughout most rock types. Below 5 to 10 m depth both holes 46 and 47 contain 1 to 2% pyrite. An 2 mm filigree grain of electrum occurs in a massive very fine-grained K-feldspar vein in hole 46 at 29.0 m otherwise gold is not visible in the remaining portions of the holes. K-feldspar also occurs as irregular patches or fillings, selvages, veins or dikelets surrounded by pervasive chlorite alteration where both assemblages normally contain disseminated pyrite, blebs or cut by pyrite fractures. In the higher-grade zone (>2 gpt Au) better grades are associated with common K-feldspar-pyrite alteration whereas chlorite dominate alteration ranges from >0.1 to 1 gpt Au. Blebs of chalcopyrite occur sporadically in the elevated gold zone particularly in the deeper hole 47 and may indicate deeper, more typical porphyry Cu-Au mineralization. The style of the Southern Gold Zone is a distal gold mineralization most likely associated with a deeper or lateral alkali distal porphyry Cu-Au system. The zone overlaps the north margin of an 500 m diameter magnetic high thought to reflect a subjacent intrusion. Magnetite content is very low or none-existent in both drill holes. Future drilling will be oriented southeast to test the depth extent of the grade and width beneath the zone and sub-parallel sections on either side of holes 46 and 47 to test the lateral extension of the gold zone. Petrology on select drill core and preliminary metallurgical testing on drill rejects will also be completed
in the coming weeks. Announcement • Feb 09
Sego Resources Inc. announced that it has received CAD 0.252 million in funding from Strashin Developments Limited and other investors On February 8, 2021, Sego Resources Inc. (TSXV:SGZ) closed the transaction. Insiders of the company subscribed for 1,305,000 units, with J Paul Stevenson, Chief Executive Officer and a director of the company, subscribed 170,000 units for CAD 5,950, and existing investor Strashin Developments Limited subscribed 1,135,000 units for CAD 39,725. This offering is subject to the receipt of all necessary regulatory approvals, including the TSX Venture Exchange and other customary conditions. All of the securities sold pursuant to this offering will be subject to a four-month plus one-day hold period from the date of closing. Certain finder's fees are payable on a portion of the private placement and consist of 7% cash and 7% broker's warrant. Each broker's warrant entitles the holder to subscribe for an additional unit for CAD 0.035 for two years from the closing of the private placement. Announcement • Jan 20
Sego Resources Inc. announced that it expects to receive CAD 0.252 million in funding Sego Resources Inc. (TSXV:SGZ) announced a non-brokered private placement of up to 7,200,000 units at a price of CAD 0.035 per unit for gross proceeds of CAD 252,000 on January 19, 2021. The transaction may include participation from insiders along with all interested existing shareholders and non-accredited non-shareholders. Each unit will consist of one common share and one warrant. Each warrant will entitle the investor to acquire one common share at CAD 0.06 for two years from the closing of the transaction. The transaction may close in tranches. The transaction is subject to receipt of all necessary regulatory approvals, including the TSX Venture Exchange and other customary conditions. The securities issued in the transaction are subject to a hold-up period of four months from date of closing. The company may pay finder's fee of 7% and a broker's warrant where applicable, which will entitle the holder to subscribe for one common share for two years from the closing date of the offering at CAD 0.06. The aggregate subscription cost to the shareholder for the units subscribed under the existing shareholder exemption cannot exceed CAD 15,000 or 300,000 units. 
