Sunridge Gold Plans Commercial Production at Debarwa by End of 2016

By Alastair Ford | for Proactive Investors, “We’ve been involved in Eritrea since 2003,” says Sunridge Gold’s (CVE:SGC) Greg Davis. Indeed it was back in August of that year that the company first took an option on the Asmara and Debarwa copper-gold projects not far away from the Eritrean capital Asmara itself, right in the […]

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Sunridge is “a Buy” If Mining Permit Attained in Q2

By Proactive Investors, SUNRIDGE Gold (CVE:SGC) had its buy rating reiterated by Eric Coffin of HRA Advisories after a long awaited update on the company’s project in Eritrea and plans for 2015 last week. The junior gold company said it will be focused this year on the first stage of its multi-staged production plan for […]

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Sunridge Gold to Raise up to $3 mln for Asmara Project

The company is moving ever closer to production with the Vancouver-based exploration and development company very much focused on its flagship copper-zinc-gold-silver project in the eastern-African nation of Eritrea, making notable progress. By  Ian Lyall, Sunridge Gold Corp. (CVE:SGC) (OTCQX:SGCNF) has been steadfast in the advancement of its Asmara project in Eritrea, making progress on all […]

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Sunridge Gold Update – Activity on the Asmara Project

By Suridge Gold, Sunridge Gold Corp. (the “Company”) (SGC:TSX.V/SGCNF:OTCQX) is pleased to provide an update of activities on the Asmara Project in Eritrea. The Asmara Project feasibility study (the “Study”) was completed in May and demonstrated that the mining of four advanced deposits that make up the Asmara Project (Emba Derho, Adi Nefas, Gupo Gold […]

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Sunridge Gold Announces $837m NPV Feasibility Study for the Asmara Project

By Sunridge Gold, Sunridge Gold Corp. (SGC:TSX.V/SGCNF:OTCQX) is pleased to announce the completion and positive results of an independent feasibility study (the “Study“) by lead engineer SENET (Pty) Ltd. (“SENET”) for its Asmara Project in Eritrea. The Study demonstrates that the mining of all four advanced deposits that make up the Asmara Project (Emba Derho, […]

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Eritrea to Buy 30% Interest of Sunridge’s Asmara Project

The Asmara Project that consists of four mineral deposits (Emba Derho, Debarwa, Adi Nefas and Gupo) will be the largest mine in Eritrea By Sunridge Gold, Sunridge Gold Corp. (the “Company” or “Sunridge”) (SGC:TSX.V/SGCNF:OTCQX) is pleased to announce that the Eritrean government through the Eritrean National Mining Corporation (“ENAMCO“) has informed the Company that ENAMCO intends to acquire a […]

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GreenEdge Rider Teklehaymanot Prepares for London 2012 in Eritrea

Orica-GreenEdge rider, Daniel Teklehaymanot, on his debut WorldTour campaign By Cycling News, Daniel Teklehaymanot’s graduation to WorldTour level at Orica–GreenEdge this season has been a significant stride in Eritrean cycling’s progress at international level and he will continue in that pioneering fashion at the London 2012 Olympics on July 28. “It’s going to be the first time that Eritrea […]

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Asmara contains 1.27 bln pounds of copper: Sunridge Gold Final Resource Estimate

By Joyanta Acharjee, Sunridge Gold Corp. today received the final resource estimate update for the Gupo gold deposit in Eritrea, the fourth deposit that forms the basis of the Asmara North prefeasibility study. Total contained metal at the Asmara project, on a measured and indicated basis, now stands at 1.27 billion pounds of copper, 2.6 billion pounds […]

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