[dehai-news] (SG) Sunridge Gold Starts New Drill Program at Emba Derho Copper-Zinc-Gold Deposit, Asmara Project, Eritrea


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From: B-Haile (eritrea.lave@comhem.se)
Date: Mon Feb 21 2011 - 10:03:15 EST


Mon Feb 21, 2011

Sunridge Gold Starts New Drill Program at Emba Derho Copper-Zinc-Gold Deposit, Asmara Project, Eritrea

 
  Sunridge Gold Corp (SGC/TSX.V) is pleased to announce that, as part of a recently announced prefeasibility study on the Asmara North deposits, the Company has started an 8,500 meter drilling program at the Emba Derho copper-zinc-gold deposit. The drilling program will consist of approximately 6,000 meters of diamond drilling which will define parts of the Emba Derho deposit in greater detail, test for extensions of the mineralization to the north, west and east and test for depth extensions to the mineralization.

Expansion drilling to the north, east and west will test coincident geophysical gravity and electromagnetic anomalies which could be lateral extensions of the main Emba Derho Deposit. The main part of the Emba Derho deposit has been drilled from surface to a depth of approximately 300 to 350 meters and the mineralization is open at depth. A number of the previously drilled holes contained significant copper grades showing that the higher grade copper zone continues to depth - see the table below that summarizes some of these intervals that have been previously reported. Management believes that there is strong potential to add to the size of the Emba Derho deposit with this program. This drill program will also collect geotechnical data and more metallurgical samples. http://www.sunridgegold.com/s/PressReleases.asp?ReportID=443408

In addition to the above extension possibilities, a 2,500 meter reverse-circulation drill program will target further definition and potential expansion of the shallow oxide gold-cap at Emba Derho. Any increase in the gold cap could provide additional resources for an open pit operation.

Current Emba Derho Resource: The September 10, 2008 Wardrop Engineering Inc. Indicated resource estimates for Emba Derho are summarized as follows: http://www.sunridgegold.com/s/PressReleases.asp?ReportID=443408

 

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