| Sunridge Gold Corp Owner: 100% |
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Hold s a 40% interest and has option to earn a 70% interest. (Dec 31/05) A notice was given to each SSR and AWR indicating intention to purchase SSRs 48% interest and AWRs 12% interest in the Asmara JV for Sunridge common shares to attain 100% of the Asmara joint venture project. (Jan 16/06) |
| Sub-Sahara Resources Interest: 60% |
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Sunridge was granted an option to earn up to a 90% joint venture interest in the Asmara Project by Sub-Sahara Resources (SSR) NL by funding staged exploration expenditures. SSR is the operator of the joint venture until the Sunridge earns a 40% interest. (Aug 21/03) For details, see Pa172985.pdf, p. 2. |