Sunridge Gold Announces New Analyst Coverage
Published : May 11, 2011
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 11, 2011) - Sunridge Gold Corp. (News - Market indicators) ("Sunridge" or the "Company") announces that Byron Capital Markets ("Byron") has initiated coverage on Sunridge.

After a site visit Byron mining analyst Jeff Wu provides an overview in his 28-page research report of the Company and its exploration and development work at its four independently estimated NI 43-101 mineral deposits on the Asmara Project, Eritrea in East Africa.

Byron's equity research is posted on Byron's proprietary website at www.byroncapitalmarkets.com and can be accessed by users upon registration.

Sunridge is now reported on by three mining analysts at the following brokerage firms: Byron Capital Markets, Ocean Equities Ltd. and Global Hunter Securities. In addition, Haywood Securities and Cormark Securities have provided updates on the Company. The contact information for such analysts is posted on Sunridge's website at www.sunridgegold.com.

All reports on Sunridge prepared by analysts represent the views of such analysts and are not necessarily those of the Company. Sunridge is not responsible for the content, accuracy or timelines of any analyst's website.

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 approximately $20 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 www.sunridgegold.com or call Greg Davis at the numbers listed below.

SUNRIDGE GOLD CORP.

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
604-688-1263 (direct)
greg@sunridgegold.com
or
Sunridge Gold Corp.
Don Halliday
604-899-1505 (direct)
donh@sunridgegold.com
www.sunridgegold.com
Data and Statistics for these countries : Eritrea | Madagascar | All
Gold and Silver Prices for these countries : Eritrea | Madagascar | All

Sunridge Gold Corp

PRODUCER
CODE : SGC.V
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$ 18.9 millions as of today (US$ 15.1 millions, € 13.2 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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Project news of Sunridge Gold Corp
2/4/2014(Asmara)Signs Agreement with Enamco for Asmara Copper-Zinc-Gold Proj...
6/29/2011(Asmara)Restarts Exploration Program on Asmara Project, Eritrea
6/23/2011(Besakoa)Starts Drilling at the Besakoa Copper-Zinc-Gold Project, Mad...
3/17/2011(Debarwa)Extends Depth of the Primary Copper-Zinc-Gold Mineralization...
3/1/2011(Asmara)Receives Positive Metal Recovery Results from the Emba Derho...
2/21/2011(Asmara)Starts New Drill Program at Emba Derho Copper-Zinc-Gold Depo...
2/7/2011(Asmara)Selects Snowden and GBM to Conduct Prefeasibility Study on t...
1/6/2011(Asmara)Intercepts Strong VMS Mineralization at the Asmara Project, ...
12/1/2010(Debarwa)Provides Update on Debarwa Feasibility Study
1/25/2010(Asmara)And Antofagasta Minerals Commence Drilling At Daero Paulos, ...
1/7/2010(Asmara)Increases Size Of Asmara Project, Eritrea By 60%
Corporate news of Sunridge Gold Corp
5/18/2016Sunridge's Transfer Agent Closes Shareholder Register
5/16/2016Sunridge First Distribution to be $0.36 per Share
5/2/2016Sunridge Sets Record Date For Return Of Capital Distribution...
4/26/2016Sunridge Closes Transaction With SRBM
4/25/2016Sunridge Closing Date April 26, 2016
4/14/2016Sunridge Receives Favourable Decision By The Federal Court O...
4/13/2016Sunridge Confirms Closing Date with SRBM
3/22/2016Sunridge Provides Update on Expected Closing Date for Transa...
1/22/2016Sunridge Receives Shareholder and Warrantholder Approval to ...
11/6/2015IIROC Trading Resumption - SGC, SCG.WT
11/6/2015Sunridge Agrees To Sell Its 60% Interest in Asmara Mining Sh...
11/6/2015IIROC Trading Halt - SGC, SGC.WT
10/19/2015Sunridge Gold Announces Receipt Of Mining Licenses For Asmar...
9/25/2015Sunridge Gold's Michael Hopley Interviewed by The Gold Repor...
9/11/2015IIROC Trading Resumption - SGC, SGC.WT
9/11/2015Sunridge Gold Announces Mining Agreement Signed By Asmara Mi...
9/11/2015IIROC Trading Halt - SGC.WT
9/11/2015IIROC Trading Halt - SGC
7/30/2015Sunridge Signs Agreement to Purchase Net Profits Interest on...
4/15/2015Sunridge Provides Update on the Asmara Project, Eritrea
2/3/2015Sunridge Announces US$32 Million 2015 Budget & Program for A...
11/5/2014Field Work Underway on the Asmara Project, Eritrea
10/9/2014Sunridge Announces the Formation of the Asmara Mining Share ...
8/28/2014Sunridge Gold Corp Retains Renmark for Investor Relations Se...
7/17/2014Sunridge Gold on Track to Start Production in 2015 on the As...
6/27/2014IIROC Trading Resumption - SGC; SGC.WT
6/27/2014Sunridge Gold Signs Shareholder’s Agreement with ENAMCO for ...
6/27/2014IIROC Trading Halt - SGC
4/30/2014Sunridge Gold Files Amended Ni 43-101 Technical Report on th...
3/27/2014Sunridge Gold Increases Post-Tax Value For The Asmara Projec...
3/27/2014Sunridge Gold Increases Post-Tax Value for the Asmara Projec...
3/12/2014Sunridge Gold Grants Options
3/12/2014Sunridge Gold Grants Options
1/15/2013Up Close & Personal With Caza Oil & Gas, Tethys Petroleum & ...
6/15/2011(Asmara)Announces Drill Results from Emba Derho Deposit, Asmara Proj...
6/6/2011(Asmara)Announces Drill Results from Gupo Gold Deposit, Asmara Proje...
5/15/2011Announces New Analyst Coverage
4/28/2011(Debarwa)Announces Drill Results from the Debarwa Deposit, Asmara Pro...
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