Sego Resources Announces Fire Assays from Phase III Percussion Drilling MM-11-PDH-94 1.006% Copper, 0.576 grams/tonne Gold, 1.69 grams/tonne Silver over 82 metres Includes 26 metres 1.72% Copper, 0.921 grams/tonne Gold Mineralization continues to the end of hole (EOH)

Diamond Drill Program Underway

Sego Resources Inc. (“Sego” or the “Company”) is pleased to report that it has received fire assays from the Phase III percussion drilling program. The new Copper-Gold zone identified in Phase II (see NR November 28, 2011) has been extended to the southeast by 125 metres and remains open to the W, E, NE, SE, and at depth. This extension is part of the Cuba Zone IP anomaly which is 350m x 1500m. Assays show a gradation from Copper-Gold, Gold-Copper to enriched Gold across the zone. Most holes intersected intensely albitically and propilitically altered volcanics and microdiorite of the Upper Triassic Nicola Group. Significant assays are shown below:

Fire Assay results can be found here

Phase III consisted of 25 percussion holes drilled on a 30 m x 30 m grid of 200 m x 150 m. PDH-11-94 is located 385 metres Southeast of PDH-09 and 123 metres Southeast of PDH-77.

The Granby-Cuba Zone is 350 m x 1500 m and is being drilled on a 30 metre grid basis. Thus far 102 percussion drill holes of Phases I, II, and III, totalling 7,280 metres have been completed.

Diamond Drill Program Underway

The 1500 metre 2012 diamond drill program, designed to test the zone at greater depth, is now underway. Sego will be twinning PDH 09 (from 12 to 64 m 1.264% Cu 1.061 G/T Au , 3.79 G/T Ag, Including 12 to 44 m 1.845% Cu, 1.628 G/T Au 5.569 G/T Ag including from 16 to 24 m 3.681% Cu 5.256 G/T Au and 15.975 G/T Ag which includes from 18 to 22 m 3.999% Cu 6.925 G/T Au and 23.450 G/T Ag. Bottom of Hole 64 metres), PDH 02 (From 60 to 70 m 0.355% Cu, 0.446 g/t Au, 1.2 G/T Ag. Bottom of Hole 70 metres), see News Release April 5, 2011; PDH 77 (From 4 to 14m 10m 0.215% Cu with 0.148 G/T Au, 20 to 36m 6m 0.218% Cu with 0.185 G/T Au, 38 to 93m 54m 0.342% Cu with 0.473 G/T Au, Including 7m 0.76% Cu with 1.508 G/T Au (see News Release November 28, 2011); and PDH 94 (18-100 metres 82 metres 1.006% Copper, 0.576 G/T Gold, 1.69 G/T Silver, end of hole 100 metres).

Sego Resources is permitted for five years of exploration.

This News Release was reviewed and approved by V.A. Preto, Ph.D., P.Eng., a Qualified Person under National Instrument 43-101.

For a print version of this press release CLICK HERE

For further information please contact:John Geisler, Investor Relations or 1-866-683-2933

J. Paul Stevenson, CEO

SEGO Resources Inc.

Sego Resources Inc.'s sole project is the Miner Mountian Project, a Copper Gold Porphyry project near Princeton, B.C., 15 kilometres north of Copper Mountain Mining Corporation's Copper Mountain Mine, now in production. The Miner Mountian Project is situated within the Traditional Territory of the Upper Similkameen Indian Band, with whom Sego has a Comprehensive Memorandum of Understanding.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No regulatory authority has approved or disapproved the information contained in this news release. This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statement of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements.