SUNRIDGE Gold Corp. (the “Company” or “Sunridge”) (SGC: TSX.V/SGCNF: OTCQX) is pleased to announce that the Asmara Mining Share Company (“AMSC”) has recently been formed in Eritrea. AMSC is the operating entity which will own and operate the Asmara copper-zinc-gold mine in Eritrea.
The following editorial is extracted from the January 2014-1 Issue
By Resource Opportunities,
Sunridge’s Asmara gold-base metal project is continuing to advance toward development, with some important mile-stones expected shortly which could positively impact the share price.
Asmara, as one of the most attractive large, advanced-stage mining projects available anywhere, is attracting consider-able attention from the mining industry. That interest has not yet been reflected in the share price, which continues to languish, along with the rest of the companies in this industry. A feasibility study completed early last year showed very favorable economics: an after-tax net present value (8%) of $443 million with an internal rate of return (IRR) of 27%. Continue reading Sunridge Gold Featured in ‘Resource Opportunities’ Investment Newsletter→
By 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 Eritrea as rapidly as possible towards production. Some of these milestones and other salient points for the year are as follows: Continue reading Sunridge Gold Provides 2014 Outlook for Eritrea Projects→