From: Biniam Haile \(SWE\) (eritrea.lave@comhem.se)
Date: Thu Feb 25 2010 - 15:41:02 EST
Press release
Feb. 25, 2010, 8:31 a.m. EST .
Sunridge Gold Expands Mineralization at the Debarwa Deposit, Asmara
Project, Eritrea
VANCOUVER, BRITISH COLUMBIA, Feb 25, 2010 (MARKETWIRE via COMTEX) --
Sunridge Gold Corp. /quotes/comstock/11v!sgc (CA:SGC 0.41, +0.04,
+9.33%) is pleased to report that results from the recently completed
thirty-five drill holes at the 100% Sunridge owned Debarwa
copper-gold-zinc volcanogenic massive sulphide (VMS) project has
expanded the envelope of mineralization both down dip and along strike
to the south. Additionally, a new eastern limb to the Debarwa deposit
has been discovered and the drilling has demonstrated that the Debarwa
deposit remains open in several areas.
Debarwa Highlights:
- Results from drill holes DEBD-092, DEBD-095 and DEBD-113 show the
high-grade copper supergene intercept to be significantly wider than
predicted and drill hole DEBD-095 extended this zone about 20 metres
further down-dip.
- Drill holes DEBD-093, DEBD-094 and DEBD-121 successfully intercepted
high-grade copper supergene mineralization in the Debarwa South zone
located approximately 400 metres south of the main Debarwa zone.
- Drill holes DEBD-098 and DEBD-103 intercepted a previously unknown
limb located 100 to 200 metres to the east of the main Debarwa deposit.
- Drill holes DEBD-100, 108, 110, 111, 112, 118, and 119 expanded the
primary mineralization to depth which remains open to depth.
- Drill holes DEBD-122 and DEBD-123 extended the strike length of the
Debarwa deposit by approximately 200 metres beyond any previous drilling
to the south and the zone remains open to the south. See map at the end
of this document.
Debarwa Assay Highlights:
DEBD-092: 36.75 metres grading 4.82% copper and 1.12 g/t gold, including
15.67 metres grading 10.21% copper and 2.01 g/t gold(i)
DEBD-093: 24.00 metres grading 1.13% copper(i)
DEBD-094: 26.15 metres grading 3.77% copper including 14.15 metres
grading 6.26% copper(i)
DEBD-095: 7.62 metres grading 4.62% copper(i)
DEBD-111: 4 metres grading 1.09% copper, 9.33% zinc and 2.72 g/t gold
DEBD-112: 11.16 metres grading 1.15% copper, 2.82% zinc and 2.48 g/t
gold
DEBD-113: 6.7 metres grading 13.42% copper, 2.63 g/t gold, and 49.21 g/t
silver
DEBD-114: 9.40 metres grading 2.11% copper, 1.91 g/t gold, and 142.77
g/t silver
DEBD-121: 7.50 metres grading 3.33% copper
(i) Results previously released in NR 2009-12 on December 2, 2009.
Michael Hopley, President and CEO of Sunridge comments that, "The
drilling results from Debarwa are very encouraging and they will
undoubtedly increase the existing resources which should have a very
positive influence on the scoping study that we plan to start next
month."
A summary of significant assay results are as follows and see attached
map for location (to see map please click on:
http://media3.marketwire.com/docs/sgc225.pdf):
http://www.marketwatch.com/story/sunridge-gold-expands-mineralization-at
-the-debarwa-deposit-asmara-project-eritrea-2010-02-25-831360?reflink=MW
_news_stmp
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