Tag Archives: Adi Rassi

Sunridge Gold Expects Mining Operations to Start this Year

"... much of [Sunridge Gold] management's recent attention has been on the permitting process for the development of the Asmara Project ..." - President and CEO, Michael Hopley
“… much of [Sunridge Gold] management’s recent attention has been on the permitting process for the development of the Asmara Project …” – President and CEO, Michael Hopley
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 half of 2015 after receiving favorable feedback from the Ministry of Energy and Mines (MEM), which mandated a review of the Feasibility Study and the Social and Environmental Impact Assessment (SEIA) last January.  Continue reading Sunridge Gold Expects Mining Operations to Start this Year

Sunridge’s Path to Production Shines as Investors Interest Grow

Sunridge has fewer steps in its path to bring its four deposits into production

By Proactive Investors,

Sunridge Gold (CVE:SGC) is surging ahead with its Asmara project in Eritrea, getting close to securing a debt financing to put its flagship property into production, according to CEO Michael Hopley, who spoke to Proactive Investors in an interview last week.

In June, the company initiated a due diligence review — the step in advance of signing the financing agreement, when potential investors examine the project in detail before deciding to fund work on the property – that is being conducted by Micon InternationalContinue reading Sunridge’s Path to Production Shines as Investors Interest Grow

Sunridge Aims 2015 for Gold-Silver-Copper-Zinc Production in Eritrea

We’re following in the foot steps of Nevsun, about three years behind: Sunridge CEO
[Sunridge geologists analizing drilling samles]
By Kevin Michael Grace,

Sunridge Gold Corp V.SGC announced April 10 that the feasibility study of its Asmara Project in Eritrea is on schedule for completion in early May. The study is being conducted on four of the five deposits that comprise Asmara and will outline a mining plan that integrates the four deposits being processed at a central concentrator near the large Emba Derho copper-zinc-gold-silver deposit.  Continue reading Sunridge Aims 2015 for Gold-Silver-Copper-Zinc Production in Eritrea