By Sunridge Gold, SUNRIDGE Gold Corp. (the “Company” or “Sunridge”) (SGC: TSX.V/SGCNF: OTCQX) is pleased to report that it has received updated values from the financial model for the Asmara Project Feasibility Study (the “Study”) which increased the Base Case post-tax net present value (“NPV”) from $345 million to $428 million. The increased numbers are […]
Continue ReadingBy Even Keel Media, Michael Hopley, President and CEO of Sunridge Gold Corp explains the company’s Asmara Gold Project in Eritrea at the Subscriber Investment Summit in Toronto on March 1st 2014. About Sunridge: Sunridge is a mineral exploration and development company focused on the acquisition, exploration, discovery and development of base and precious metal projects on […]
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 ProactiveInvestor, At the recent Subscriber Investment Summit in Vancouver, Sunridge Gold CEO Michael Hopley discussed the progress of the company’s Asmara project to a sold-out room, recently closing an oversubscribed financing of $5.75 million to fund further development. Talks with potential debt lenders have also begun and an environmental assessment is due for completion […]
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 […]
Continue ReadingThe 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 […]
Continue ReadingBy 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 […]
Continue Reading