September 01, 2011 08:00 ET
Sunridge Gold Reports High Grade Assay Values From Adi Nefas, Asmara Project, Eritrea
http://www.marketwire.com/press-rel...a-project-eritrea-tsx-venture-sgc-1556220.htm
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2011) - Sunridge Gold Corp. (TSX VENTURE:SGC)(OTCQX:SGCNF) reports assay results from the recent drill program at the Adi Nefas zinc-gold-copper deposit located 6 kilometres east of the large Emba Derho Deposit on the Company's Asmara Project, Eritrea. The drill program was designed to test for expansion of the deposit to the north and at depth as well as to collect geotechnical and metallurgical samples for the current prefeasibility study on the Asmara North Deposits which include Emba Derho, Adi Nefas and Gupo Gold.
Highlights:
•NG 101-D intersected 4.60 metres of 9.13% zinc, 4.93 g/t gold and 1.20% copper
•AN GT 02 intersected 5.04 metres of 11.21% zinc, 4.07 g/t gold and 5.85% copper
•AN GT 04 intersected 15.99 metres of 10.36% zinc, 3.96 g/t gold and 1.97% copper
•AN GT 07 intersected 26.13 metres of 13.52% zinc, 1.88 g/t gold and 1.23% copper
The mineralized zone was successfully expanded by diamond drill holes AN-100 and AN-101 which extended the deposit 20 metres to the north and AN-GT-04, which extended the deposit to depth by 40 metres in the south.
Michael Hopley, Sunridge's President and CEO states, "These drill results further confirm the very high value of the mineralized material found at Adi Nefas when all metal values are taken into account. We believe that the current prefeasibility study being conducted on the Asmara North Deposits, which includes Adi Nefas, will show that this deposit will add significant value to the project economics by providing a higher grade "sweetener" feed to a process plant located at Emba Derho."
Sunridge Gold Reports High Grade Assay Values From Adi Nefas, Asmara Project, Eritrea
http://www.marketwire.com/press-rel...a-project-eritrea-tsx-venture-sgc-1556220.htm
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2011) - Sunridge Gold Corp. (TSX VENTURE:SGC)(OTCQX:SGCNF) reports assay results from the recent drill program at the Adi Nefas zinc-gold-copper deposit located 6 kilometres east of the large Emba Derho Deposit on the Company's Asmara Project, Eritrea. The drill program was designed to test for expansion of the deposit to the north and at depth as well as to collect geotechnical and metallurgical samples for the current prefeasibility study on the Asmara North Deposits which include Emba Derho, Adi Nefas and Gupo Gold.
Highlights:
•NG 101-D intersected 4.60 metres of 9.13% zinc, 4.93 g/t gold and 1.20% copper
•AN GT 02 intersected 5.04 metres of 11.21% zinc, 4.07 g/t gold and 5.85% copper
•AN GT 04 intersected 15.99 metres of 10.36% zinc, 3.96 g/t gold and 1.97% copper
•AN GT 07 intersected 26.13 metres of 13.52% zinc, 1.88 g/t gold and 1.23% copper
The mineralized zone was successfully expanded by diamond drill holes AN-100 and AN-101 which extended the deposit 20 metres to the north and AN-GT-04, which extended the deposit to depth by 40 metres in the south.
Michael Hopley, Sunridge's President and CEO states, "These drill results further confirm the very high value of the mineralized material found at Adi Nefas when all metal values are taken into account. We believe that the current prefeasibility study being conducted on the Asmara North Deposits, which includes Adi Nefas, will show that this deposit will add significant value to the project economics by providing a higher grade "sweetener" feed to a process plant located at Emba Derho."