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From: Berhane Habtemariam (Berhane.Habtemariam@gmx.de)
Date: Fri Sep 09 2011 - 13:52:10 EDT
Sunridge Gold Reports Drilling Resumes At Gupo Gold Deposit, Asmara
Project, Eritrea
Fri Sep 9, 2011
_____
Sunridge Gold Corp. (SGC/TSX.V) announces that it has commenced an
additional 6,000 metres of drilling at the Gupo Gold deposit located on the
Company's 100% owned Asmara Project, Eritrea. The results of this program
will be an important step towards completing the ongoing prefeasibility
study on the Asmara North Deposits which include Gupo, Emba Derho and the
Adi Nefas deposits.
This next phase of drilling will total about 6,000 metres and will include
approximately 5,000 metres of reverse circulation drilling of 60 closely
spaced drill holes and approximately 1,000 metres of diamond drilling of 8
drill holes. The purpose of the diamond drill holes is to obtain; better
geological correlation between core to reverse circulation samples,
information for geotechnical and pit slope evaluation, samples for leach
tests and also to investigate extensions to depth where the mineralization
appears to be strengthening. The program is expected to be completed within
about 30 days.
Gold mineralization at Gupo extends over a strike length of approximately
1.6 kilometres and is associated with stockwork quartz veins and a sericite
alteration halo controlled by a shear zone 10 to 20 metres in width. The
resource is at surface and drilling has shown mineralization to extend at
least to 80 metres vertical depth and remains open at depth.
The Inferred resource estimates for Gupo (then referred to as Adi Nefas
Doop) are from a report titled "Independent Consulting Geologists Technical
Report - Asmara Project" prepared by Blackburn, G. and Chisholm, R., dated
April 2004 (which may be viewed under Sunridge's profile on SEDAR at
<http://www.sedar.com> www.sedar.com) is summarized as follows:
Gupo Gold - Inferred Resources
Tonnes
Average Gold Grade g/t
Ounces of Gold
1,965,000
2.99
189,000<
The Qualified Person responsible for the release of this exploration
information is Michael Hopley, President and Chief Executive Officer of
Sunridge Gold Corp.
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 currently has approximately 117 million shares
outstanding and approximately $15 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
<http://www.sunridgegold.com> www.sunridgegold.com or call Greg Davis at the
numbers listed below.
SUNRIDGE GOLD CORP.
"Michael Hopley"
Michael Hopley, President and Chief Executive Officer
For further information contact:
Greg Davis, VP Business Development
Email: <mailto:greg@sunridgegold.com> greg@sunridgegold.com
Tel: 604-688-1263 (direct)
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