Sunridge Gold Files Technical Report for Debarwa Feasibility Study, Eritrea
Sunridge Gold Corp. (SGC:TSX.V/SGCNF:OTCQX) has filed a National
Instrument 43-101 compliant technical report regarding the feasibility
study (the 'Study?) for the copper-gold-zinc volcanogenic massive
sulphide deposit on the Company′s 100% owned Debarwa Project, Eritrea as
announced on May 14, 2012.
The Study concluded that operating Debarwa as a stand-alone mining
operation is economically viable although the recently commenced
feasibility study on the Asmara North deposits will also examine the
integration of the Debarwa deposit with the Asmara North deposits into
one operation.
The report is titled 'Debarwa Project, Eritrea Feasibility Study? with
an effective date of May 14, 2012.
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 the Asmara Project in Eritrea and exploration
properties in Madagascar. Sunridge currently has approximately 117
million shares outstanding and trades on the TSX Venture Exchange under
the symbol SGC. For additional information on the Company and its
projects please view the slide show on our website at www.sunridgegold.com
or call Greg Davis at the numbers listed below.
SUNRIDGE GOLD CORP.
'Michael Hopley?
Michael Hopley, President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements that are based
on the Company′s current expectations and estimates. Forward-looking
statements are frequently characterized by words such as 'plan?,
'expect?, 'project?, 'intend?, 'believe?, 'anticipate?, 'estimate?,
'suggest?, 'indicate? and other similar words or statements that certain
events or conditions 'may? or 'will? occur. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that could cause actual events or results to differ materially
from estimated or anticipated events or results implied or expressed in
such forward-looking statements. Such factors include, among others: the
actual results of current exploration activities; conclusions of
economic evaluations; changes in project parameters as plans to continue
to be refined; possible variations in ore grade or recovery rates;
accidents, labor disputes and other risks of the mining industry; delays
in obtaining governmental approvals or financing; and fluctuations in
metal prices. There may be other factors that cause actions, events or
results not to be as anticipated, estimated or intended. Any
forward-looking statement speaks only as of the date on which it is made
and, except as may be required by applicable securities laws, the
Company disclaims any intent or obligation to update any forward-looking
statement, whether as a result of new information, future events or
results or otherwise. Forward-looking statements are not guarantees of
future performance and accordingly undue reliance should not be put on
such statements due to the inherent uncertainty therein.
Sunridge Gold Corp.
Greg Davis, 604-688-1263 (direct)
VP
Business Development
greg@sunridgegold.com