Monday 24th October 2016

Resource Clips

Sunridge VP Greg Davis on Eritrea assays of 1.32% copper, 10.51% zinc and 4.87 g/t gold over 7.6m

“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.

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

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