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From: Berhane Habtemariam (Berhane.Habtemariam@gmx.de)
Date: Thu Jul 29 2010 - 15:24:18 EDT
Sunridge Gold Reports 84 Metres Of 1.32 G/T Gold And 0.84% Copper At Adi
Rassi, Asmara Project, Eritrea
Thu Jul 29, 2010
_____
Sunridge Gold Corp. (SGC/TSX.V) ("Sunridge") is pleased to report important
new gold and copper assay results from the Company's phase one diamond drill
program at the Adi Rassi copper--gold prospect, part of the Asmara Project
in Eritrea. These results indicate that a potentially large new copper and
gold zone has been discovered at Adi Rassi. These assay results, combined
with recently re-assayed core, now show a drilled strike length of over 500
metres (see maps and cross-section at the end of this news release).
These results from ongoing exploration programs further demonstrate that the
Asmara Project remains wide open for additional discoveries. There are still
many untested anomalies and drill targets within the Asmara Project.
Drill Highlights include:
* AR-002D: 84 metres grading 1.32 g/t gold and 0.84% copper
* AR-003D: 25 metres grading 0.75 g/t gold and 0.54% copper
* AR-004D: 78 metres grading 0.22 g/t gold and 1.0% copper
Sunridge conducted the 5 hole diamond drill program totaling 1,243 metres on
behalf of the Sunridge Gold/Antofagasta Minerals joint venture. Based on
recent detailed geological mapping, sampling and drilling results, Adi Rassi
is now considered to be a potentially large and continuous zone containing
significant gold and copper mineralization. Geological mapping and sampling
shows that alteration associated with copper mineralization is visible over
a zone that measures about 80 metres wide along a strike length of
approximately 500 metres. Copper and gold mineralization at Adi Rassi is
associated with quartz veins and breccia zones along a major shear zone that
trends northeast for over 3 kilometres and dips steeply to the west. This
mineralization is mainly hosted in strongly foliated and distorted altered
mafic volcanic tuff and flows.
A full summary of the results of the Sunridge/Antofagasta drilling is as
follows:
Drill hole
Dip/Azi
>From metres
To
metres
Interval
metres
Gold g/t
Copper
%
AR-001-D
-50/270
Abandoned
AR-002-D
- 60/270
127
337
210
0.84
0.49
Incl
238
322
84
1.32
0.84
incl
298
321
23
1.95
1.39
AR-003-D
- 50/270
173
196
23
0.33
0.41
and
237
262
25
0.75
0.54
AR-004-D
- 55/90
35
113
78
0.22
1.00
AR-005-D
-70/90
No significant
results
Drill hole AR-001-D was abandoned and not sampled or assayed. Drill hole
AR-005-D did not penetrate the mineralized zone. True widths are not known
at this time as there is not enough drill hole data.
Several drill holes were completed at Adi Rassi by Golden Star Resources in
1996 but only short select intervals of the core had previously been sampled
and assayed. Sunridge has re-sampled and assayed long continuous zones of
mineralization from the Golden Star core returning wide intervals of copper
and gold mineralization - see Sunridge News Release dated July 6, 2010.
Highlights from the re-assayed drill core from Adi Rassi include:
* ARBH-1: 20 metres grading 0.09 g/t gold and 0.90% copper
* ARBH-2: 24 metres grading 1.43 g/t gold and 1.34% copper
* ARBH-3: 52 metres grading 0.97 g/t gold and 0.62% copper
* ARBH-4: 14 metres grading 0.13 g/t gold and 1.06% copper
The Adi Rassi gold/copper prospect is within the Exploration Area and is
part of the exploration funding agreement with Antofagasta Minerals
announced October 2, 2009. The project is located about 8 kilometres
southeast of Sunridge's 100% owned Debarwa high-grade copper/gold VMS
deposit which is outside of the Exploration Area.
ABOUT SUNRIDGE:
Sunridge is a mineral exploration and development company focused on the
acquisition, exploration, discovery and development of base and precious
metal projects on the Asmara Project in Eritrea and exploration properties
in Madagascar. Sunridge has approximately 76 million shares outstanding and
approximately $4.5 million in cash. Sunridge trades on the TSX Venture
Exchange under the symbol SGC. For additional information on the Company and
its projects please view the slide show on our website at
www.sunridgegold.com or call Don Halliday or Greg Davis at the numbers
listed below.
NOTES:
1. A Quality Assurance/Quality Control program was part of the sampling
program on the Adi Rassi copper-gold prospect. This program includes chain
of custody protocols as well as systematic submittals of standards,
duplicates and blank samples into the flow of samples produced by the
sampling.
2. Samples were prepared at African Horn Testing Services (Eritrea) and
analyzed at Genalysis Laboratories (a NATA registered laboratory) in Perth,
Western Australia.
3. The results of the Adi Rassi copper-gold prospect drilling program have
been reviewed by Michael J. Hopley the Qualified Person for Sunridge. Mr.
Hopley is also the person responsible for preparation of the technical
information contained in this news release and is President and Chief
Executive Officer of Sunridge.
SUNRIDGE GOLD CORP.
"Michael Hopley"
Michael Hopley, President and Chief Executive Officer
For further information contact:
Don Halliday, Executive Vice President
Email: donh@sunridgegold.com
Tel: 604-899-1505 (direct)
Greg Davis, VP Business Development
Email: greg@sunridgegold.com
Tel: 604-688-1263 (direct)
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