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Debarwa Project
Debarwa
Country
Eritrea
Status
FEASIBILITY
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Risk and valuation analysis of the Debarwa Project
Status Risk : Feasibility
Country Risk : Very High
Resource Risk : 40.00%
In situ value
348,837,633 $
Title(s) of the Debarwa Project
Sunridge Gold Corp
Owner: 100%
Title
Company Profile
All Projects
Company website
Company project page
Location of the Debarwa Project
Debarwa is located approximately 25 kilometres south of the capital city of Asmara and is accessible by paved roads with excellent infrastructure.
History of the Debarwa Project
The project was originally discovered in the 1960's and some underground development work was done in 1971 by an Ethiopian -- Japanese partnership.
Reserves and resources of the Debarwa Project
Tonnage
Grade
Reserves and resources
Silver
Gold
Silver
Gold
g/t
g/t
oz
oz
Indicated
4,477,000
13.79
1.54
1 984 917
221 666
Mesured and Indicated
4,477,000
13.79
1.54
1 984 917
221 666
Total
4 477 000
1 984 917
221 666
Definitions
Reserves and resources of the Debarwa Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Gold
221 666
221 666
221 666
oz
302 950 778 US$
Silver
1 984 917
1 984 917
1 984 917
oz
42 933 762 US$
Discoveries and Drilling Results
3/17/2011
Extends Depth of the Primary Copper-Zinc-Gold Mineralization...
1/19/2011
Intercepts 22 Metres of 13.14% Copper and 4.0 g/t Gold at De...
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Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources
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