SUNRIDGE GOLD (CVE:SGC) (OTCQX:SGCNF) says it has started field work on its advanced-stage joint venture Asmara project in Eritrea, and remains focused on acquiring a mining license for the property in the first quarter of next year, with sights set on near-term production.
Current exploration work is concentrated on the two “pipeline” deposits on the Asmara project, known as the Kodadu VMS deposit and the Adi Rassi copper-gold deposit. Both areas have inferred resource estimates and remain open for expansion.
SUNRIDGE Gold Corp. (the “Company” or “Sunridge”) (SGC: TSX.V/SGCNF: OTCQX) is pleased to announce that Sunridge and the Eritrean National Mining Corporation (“ENAMCO”) have executed a shareholders’ agreement (the “Shareholders’ Agreement”) to organize and operate the Asmara Mining Share Company (“AMSCo”) the operating entity which will own and operate the Asmara copper-zinc-gold mining project (the “Property”) in Eritrea. Continue reading Sunridge Gold Signs Shareholder’s Agreement With ENAMCO→
Sunridge Gold Corp. (CVE:SGC) has added more good news to an already auspicious month with the completion of a mineral resource estimate for the Kodadu target on the company’s Asmara project in Eritrea, the sixthsuch mineral resource defined by the Vancouver-based exploration and development company on the property.
Sunridge Gold Corp. (TSX.V:SGC; OTCQX:SGCNF) reports that it has completed an initial independent NI43-101 and JORC compliant mineral resource estimate for the Adi Rassi Copper-Gold deposit located on the Asmara project, Eritrea.