Thursday 15th November 2018

Resource Clips

Sunridge reports Eritrea Assays of 2.78% Copper, 1.35 g/t Gold over 14m

Sunridge Gold Corp TSXV:SGC announced drill results from its Asmara Project in Eritrea, East Africa. Highlights include 2.78% copper, 7.33% zinc and 1.35 g/t gold over 14 metres, 4.94% copper over 13.6 metres, 1.87% copper, 10.51% zinc and 1.16 g/t gold over 8.2 metres, 1.32% copper, 10.51% zinc and 4.87 g/t gold over 7.6 metres, 4.71% copper and 0.95 g/t gold over 6 metres, and 1.15% copper, 3.2% zinc and 4.07 g/t gold over 8.1 metres.

VP Business Development Greg Davis tells, “The drill results from today are at Debarwa. We’re mainly focussed on the deeper primary zone. We’ve been reporting these extremely high grade assays—copper and gold—from the Supergene Zone, which is shallower. This is targeting the deeper part of the deposit, and it’s extended it from 150 metres down to about 200 metres. Excellent copper, zinc and gold grades, and it shows that it continues. All these will be used in a resource calculation which will be coming out next month as part of the current feasibility study. These will add tonnage to the primary zone.

“We’re in feasibility now, and the feasibility study will be complete in October. Debarwa has a very high grade copper component to it which we could get into production with fairly low capital costs. So once we complete feasibility, we want to get it into production as soon as possible.

Davis concludes, “We’re extremely pleased with the project’s progress.”

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Greg Davis
VP Business Development

by Ted Niles

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