Sunridge Gold Announces Drill Results from Emba Derho Deposit, Asmara Project, Eritrea
Published : June 15, 2011
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 15, 2011) - Sunridge Gold Corp. (News - Market indicators) announces that recent drill results from the Emba Derho copper-zinc-gold deposit have extended the known mineralization and intercepted significant widths and grades. The 5,000 meter Diamond drill program has provided new assay data, additional geo-technical data, and metallurgical samples to be used in the ongoing pre-feasibility study that includes Emba Derho and the nearby Adi Nefas and Gupo Gold deposits. These three deposits make up the Asmara North project, part of the Asmara Project, Eritrea. Emba Derho is a large volcanogenic massive sulphide deposit that has a surface gold zone underlain by zinc and copper zones.


  • ED-268-D: Intersected 47.25 meters averaging 1.89% copper and 80.25 meters averaging 1.17% copper
  • ED-271-D: Intersected 90.54 meters averaging 5.49% zinc including 24 meters averaging 7.34% zinc and 35 meters averaging 6.44% zinc
  • ED-273-D: Intersected 142.79 meters averaging 5.16% zinc including 26.80 meters averaging 8.63% zinc
  • ED-274-D: Intersected 32.35 meters averaging 1.72% copper

A summary of significant results follows:

Drill Hole From meters To meters Interval–meters Gold g/t Silver g/t Copper % Zinc %
ED-266-D* Drilled for geotechnical data - not sampled
ED-267-D* Drilled for geotechnical data - not sampled
ED-268-D 55.85 96.75 40.90 0.23 11.27 0.22 2.33
Incl. 55.85 75.85 20.00 0.38 19.05 0.30 4.02
And 112.30 159.55 47.25 0.27 12.83 1.89 0.70
And 175.15 255.40 80.25 0.16 8.82 1.17 1.09
And incl
ED-269-D* Drilled for geotechnical data - not sampled
ED-270-D* Drilled for geotechnical data - not sampled
ED-271-D 121.75 212.29 90.54 0.25 4.23 0.21 5.49
Incl 121.75 147.23 24.00 0.23 4.63 0.19 7.34
And incl 152.23 187.23 35.00 0.07 2.84 0.22 6.44
And 247.93 364.74 114.81 0.051 3.82 0.78 0.097
ED-272-D* Drilled for geotechnical data - not sampled
ED-273-D 49.21 235.97 186.76 0.49 9.84 0.084 4.44
incl 49.21 192.00 142.79 0.31 10.22 0.07 5.16
And incl 99.30 126.10 26.80 0.13 7.05 0.01 8.63
And incl 169.10 192.00 22.90 0.16 9.55 0.09 8.12
ED-274-D 47.35 79.70 32.35 0.21 13.17 1.72 1.10
And 87.72 111.70 23.98 0.10 5.79 1.00 0.41
ED-275-D Drilled for geotechnical data - not sampled
ED-276-D 425.30 432.70 17.40 0.36 18.36 1.17 4.93
* Geotechnical holes were drilled to collect samples for rock competency tests in order to optimize pit slopes for the proposed Emba Derho open pit mine design as part of the pre-feasibility work.

Diamond drill holes ED-268, 271 and 273 were drilled to test the Emba Derho Main mineralized synclinal structure at depth and were successful in extending the mineralized zone for another 50 to 70 meters. – To view a map and cross-section please visit the following link:

Diamond drill hole ED-276-D was successful in extending mineralization about 50 meters along strike to the Northeast.

Diamond drill hole ED-274-D was drilled to test the middle of the three Emba Derho mineralized synclinal structures at depth and take samples for metallurgy and dense media separation (DMS) tests. This drill hole was successful in confirming the grades of copper and zinc as well as the width of the mineralized structure.


  1. All drill holes reported are Diamond drill holes.
  2. Drill intercept lengths only are reported in the tabulations; it is estimated that true width will be approximately 80% of the reported drill intercept length.
  3. A Quality Assurance / Quality Control program is part of the drilling program on the Asmara Project. This program includes chain of custody protocol as well as systematic submittals of standards, duplicates and blank samples into the flow of samples produced by the drilling.
  4. A description of the geology, sampling procedures, and the Company's laboratory Quality Assurance / Quality Control procedures are as described in each of the Company's most recent National Instrument 43-101 Technical Reports filed and dated March 15, 2007. These reports are available on the Company's profile at
  5. Samples are prepared at African Horn Testing Services (Eritrea) and analyzed at Genalysis Laboratories (a NATA registered laboratory) in Perth Western Australia.
  6. The Qualified Person responsible for the release of this exploration information is Michael Hopley, President and Chief Executive Officer of Sunridge Gold Corp.

Current Emba Derho Resource:

The September 10, 2008 Wardrop Engineering Inc. Indicated resource estimates for Emba Derho are summarized as follows:

Zone Cut-off grade Million Tonnes Copper % Zinc % Gold g/t Silver g/t
Gold Oxide 0.2 g/t Au 3.51 0.06 0.04 0.84 5.14
0.5% Cu 38.425 1.02 0.99 0.18 9.31
1.0% Zn 20.545 0.28 2.35 0.39 12.13


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 approximately $18.5 million in cash. Sunridge 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


Michael Hopley, President and Chief Executive Officer

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, labour 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.

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.

Sunridge Gold Corp.
Greg Davis
VP Business Development
Data and Statistics for these countries : Australia | Eritrea | Madagascar | All
Gold and Silver Prices for these countries : Australia | Eritrea | Madagascar | All

Sunridge Gold Corp

ISIN : CA86769Q1028
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Sunridge Gold is a gold producing company based in Canada.

Sunridge Gold produces gold, copper, silver and zinc in Eritrea, develops gold and silver in Eritrea.

Its main asset in production is ASMARA in Eritrea, its main asset in development is DEBARWA in Eritrea and its main exploration property is BESAKOA in Madagascar.

Sunridge Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 15.7 millions as of today (US$ 12.6 millions, € 11.0 millions).

Its stock quote reached its highest recent level on November 07, 2003 at CA$ 6.50, and its lowest recent point on March 20, 2020 at CA$ 0.03.

Sunridge Gold has 209 950 000 shares outstanding.

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