Sunridge Gold Expects Mining Operations to Start this Year

By Proactive Investors, SUNRIDGE GOLD (CVE:SGC) (OTCQX:SGCNF) after starting field work in 2014 is advancing its joint venture Asmara project in Eritrea, expecting to acquire a mining license for the property, eyeing mining operations to start in the fourth quarter of this year. Sunridge said that it would obtain the mining license within the first […]

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Sunridge Gold’s Milestone Could Completely Re-rate the Stock

By 24hgold, SUNRIDGE Gold (SGC-V, SGCNF-OTCQX) is a successful explorer orphaned by the market but that could soon change. The company is working in Eritrea. Sunridge made several discoveries on its Asmara project and has advanced them to feasibility level. The feasibility numbers look great. Asmara has a Net Present Value of US$692 million pre-tax […]

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Sunridge, Nevsun, Chalice Drill Eritrean Gold, Copper, Zinc and Silver

By Greg Klein, While continuing the Asmara feasibility study in Eritrea, Sunridge Gold TSXV:SGC announced on March 7 a new near-surface discovery at Kodadu, four kilometers east of Asmara’s Debarwa deposit. With assays complete on 21 reverse-circulation holes, the company now plans an initial resource estimate for the potential deposit. True widths for the two zones were estimated at […]

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Sunridge Gold Completes Final Resource Estimate for the Asmara Project, Eritrea

By Sunridge Gold, Sunridge Gold Corp. has now received the final resource estimate update for the Gupo gold deposit, the fourth deposit that forms the basis of the Asmara North Prefeasibility Study. The Asmara North deposits include the Emba Derho volcanogenic-massive-sulphide (VMS) copper-zinc-gold deposit, the Adi Nefas zinc-gold-copper VMS deposit and the Gupo gold deposit. […]

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Sunridge Gold Announces New Higher Grade Resource for the Adi Nefas Deposit

By Proactive Investor, Sunridge Gold (CVE:SGC) Wednesday announced a new independent resource estimate for the Adi Nefas zinc-gold-copper volcanogenic-massive-sulphide (VMS) deposit at its 100 percent-owned Asmara project in Eritrea. The company said that indicated resources in the primary zone are 1.8 million tonnes averaging 10.05% zinc, 3.31 grams per tonne (g/t) gold, 1.78% copper and 115 […]

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