Resource World Magazine

J U N E / J U L Y 2 0 1 7 www.resourceworld.com 31 in return for a 19.9% share interest in Consolidated Woodjam. Serengeti Resources Inc. [SIR-TSXV] owns 95% of the Kwanika advanced stage copper-gold project in the northern Quesnel Trough accessible by road from the city of Fort St. James. Daewoo Minerals Canada owns the remaining 5%. The well- defined, Central Zone of the property is estimated to contain 53.7 million tonnes grading 0.48% copper and 0.55 g/t gold at a 0.4% copper equivalent cut-off. The resource estimate is based on 122 drill holes totaling 57,454 metres drilled since 2006. Serengeti is currently completing a revised Preliminary Economic Report. Sego Resources Inc. [SGZ-TSXV] is located just 3 km from the town of Princeton and 16 km north of the Copper Mountain Mine. The company's Miner Mountain property has seen sev- eral companies come and go over the decades in search of riches. Finally, in 2007, drilling confirmed copper mineralization when a hole punched through 10 metres of overburden, then on to hit 52 metres grading 1.26% copper, 1.06 g/t gold and 3.79 g/t silver. Drilling indicates that mineralization is open in all directions. Sego recently announced a new five-year, area-based explora- tion permit with support from the local First Nations that will allow the company to explore the Miner Mountain Project without any additional permitting delays for five years. Sego currently has a very small market capitalization with a share price of $0.05. Nicola Mining Inc. [NIM-TSXV] owns 100% of the Thule Copper Project located 14 km northwest of Merritt and 20 km south of Highland Valley Copper. The property has three distinct zones of known copper mineralization where historical workings of 34 million tonnes of high-grade copper ore were mined from open pit and underground operations from 1962-1982. In 2016, five holes were drilled for a total of 1,084 metres confirming cop- per mineralization in all five holes. Highlights were 1.11% copper over 85.92 metres in hole THU-002. Nicola Mining also conducts custom milling at its facility on site and owns the Treasure Mountain silver mine between Hope and Merritt – now on care and maintenance. Engold Mines Ltd. [EGM-TSXV] owns 100% of the Lac La Hache property in the Cariboo region. They recently announced a new discovery hole yielding 1.76% copper, 0.27 g/t gold, 10.29 g/t silver and 35.8% iron over 26.57 metres. The geo- physical anomaly is 1 km by 1.4 km. Management believes early results could signify mineralization with considerable potential. In another zone, 5 km to the southeast, the Aurizon Gold Zone yielded 3.05 metres grading 18.54 g/t gold, 37.96 g/t silver and 1.49% copper. n The above article was written by Barry Muir who is a registered Investment Adviser with Haywood Securities Inc. a Canadian based independent, full service investment firm and member of the Canadian Investor Protection Fund. The article is for informational purposes only and is neither a solicitation for the purchase of securi- ties nor an offer of securities. Readers of the article are expressly cautioned to seek the advice of a registered investment advisor and other professional advisors, as applicable, regarding the appropri- ateness of investing in any securities or any investment strategies, including those discussed above. The information contained in the reports have been compiled from sources Haywood believes are reliable; however, Haywood makes no guarantee, representation or warranty, expressed or implied, as to such information's accuracy or completeness. The views expressed are those of the author and not necessarily Haywood Securities Inc. All opinions and estimates con- tained in the reports are based on assumptions the author believes to be reasonable as of the dates of the reports but are subject to change without notice. Either the author, Haywood Securities Inc. or its employees may from time to time hold or transact in the securities mentioned. Barry can be reached at (604) 697-6172 or bmuir@hay- wood.com

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