By Brien Lundin, SUNRIDGE Gold has four advanced projects organized within its Asmara project in Eritrea and, in an interesting twist, the company has combined all four into one feasibility study. By staging production through the four projects and having mining revenue help to fund successive stages, the feasibility study has come up with outstanding […]
Continue ReadingBy Deborah Bacal, Sunridge Gold Corp (CVE:SGC) (OTCQX:SGCNF) shares reached a new 52-week high on Friday, as the company rallied on the back of the rising gold price as well as news from earlier this month that will finally see the Eritrea National Mining Corp (ENAMCO) acquire a maximum 30% stake in the gold explorer’s […]
Continue ReadingBy Suridge Gold, Sunridge Gold Corp. (the “Company” or “Sunridge”) (sgc:TSX.V/SGCNF) is pleased to announce that it has executed a binding term sheet (the “Term Sheet“) with the Eritrea National Mining Corporation (“ENAMCO”) regarding ENAMCO’s participation in the Company’s Asmara Project in Eritrea.
Continue ReadingBy Sunridge Gold, Sunridge Gold Corp. (the “Company” or “Sunridge”) (SGC: TSX.V/SGCNF: OTCQX) is pleased to provide an outlook on some of the Company’s activities planned for 2014 which is expected to be an important year for the Company as it anticipates passing a significant number of milestones as it drives its Asmara Project in […]
Continue ReadingBy Africa Intelligence, Even as it presses ahead with talks with would-be buyers, Sunridge Gold is pushing ahead faster than ever on its gold project at Asmara in Eritrea. The explorer, listed in London and headed by Michael Hopley, has submitted the summary of the Social and Environmental Impact Assessment (SEIA) report for the Project earlier last month, […]
Continue ReadingBy Sunridge Gold, Sunridge Gold Corp. (the “Company” or “Sunridge”) (sgc:TSX.V/SGCNF) is pleased to announce that the summary of the Social and Environmental Impact Assessment (SEIA) report for the Company’s Asmara Project located in Eritrea has been submitted to the Ministry of Energy and Mines. This begins the permitting process for application of the mining […]
Continue ReadingBy Deborah Bacal, Sunridge Gold Corp. (CVE:SGC) (OTCQX:SGCNF) has boosted the size of its financing for the second time, with the latest increase taking the amount it will raise for its Asmara project in Eritrea to $5 million. Earlier this month, the company increased the brokered private placement to $4 million from $3 million previously.
Continue ReadingBy Proactive Investors, Sunridge Gold Corp. (CVE:SGC) (OTCQX:SGCNF) has boosted the size of its brokered private placement financing to $4 million from $3 million previously, with the proceeds to go towards the further development of its Asmara project in Eritrea. The company, which is working to move its project to the production stage, will issue up […]
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