EDITOR’S NOTE: This is a must read interview for those who want to have an A – Z knowledge of Sunridge Gold Corp. and its Asmara mining project in Eritrea.
By Eric Coffin,
I don’t need to tell you how rough the last two or three years have been for companies in the mining space. Only a handful managed to significantly advance their projects during that period. One such company is Sunridge Gold, which has brought its marquee Asmara Project to full Bankable Feasibility status. Sunridge recently negotiated the sale of a contributing 30% interest in Asmara to the Eritrean state mining company ENAMCO. I take this agreement as the “starting gun” in the race by potential suitors and financiers who want a piece of this long-life base metal asset with a precious metal kicker. Continue reading Eric Coffin’s Exclusive Interview with Michael Hopley→
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 Asmara project.