Sunridge Gold Begins Drill Program at Medrizien Gold Target,
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Feb 11, 2011 08:23AM
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Asmara Project, Eritrea
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 11, 2011) - Sunridge Gold Corp. (TSX VENTURE:SGC) is pleased to announce that it has commenced a new exploration drilling program at the Medrizien Gold target on the Asmara Project, Eritrea. Approximately12 reverse circulation drill holes for at least 1,000 metres are planned for the initial drill program. The 100% owned Medrizien Gold target is located within 1 kilometre of the large Emba Derho copper zinc gold VMS deposit which is one of the three Asmara North Deposits.
The gold mineralization in the Medrizien Gold prospect occurs in a stockwork of quartz veins associated with pyrite and chalcopyrite within a surrounding halo of sheared volcanic rocks with sericite and pyrite. The target varies in width from a few metres up to 25 metres over a 3.5 kilometre strike length. Some historic small scale gold mining was conducted on the site by the Italian colonists consisting of small pits and underground workings.
During previous surface exploration work, a total of 65 rock grab samples were taken over the length of the prospect of which 57 samples were from the surface showing of mineralized quartz veins and altered halo of volcanic rocks (see Sunridge Gold News release dated April 1, 2009). The results showed 10 samples with assays over 1 g/t gold with these sample values averaging 12.13 g/t gold with the highest assay being 74.7 g/t gold. The 8 rock samples taken from the old underground workings range from 0.14 g/t up to a value of 319 g/t with an average of 51.32 g/t gold.
The objective of the Medrizien drill program is to make a new gold discovery on the Asmara Project, which could provide future feed to any mining operations in the northern area of the Asmara Project.
Qualified Person
Michael J. Hopley, President and Chief Executive Officer of Sunridge is the Qualified Person for Sunridge and the person responsible for preparation of the technical information contained in this news release.
NOTES:
1. A Quality Assurance/Quality Control program was part of the sampling program on the Medrizien gold prospect. This program includes chain of custody protocols as well as systematic submittals of standards, duplicates and blank samples into the flow of samples produced by the sampling.
2. Samples were prepared at African Horn Testing Services (Eritrea) and analyzed at Genalysis Laboratories (a NATA registered laboratory) in Perth, Western Australia.
3. The results of the Medrizien gold prospect sampling have been reviewed by Michael J. Hopley the Qualified Person for Sunridge. Mr. Hopley is also the person responsible for preparation of the technical information contained in this news release and is President and Chief Executive Officer of Sunridge.
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 116 million shares outstanding and approximately $25 million in cash. Sunridge trades on the TSX Venture Exchange under the symbol SGC. For additional information on the Company and its projects please visit our website at
FOR FURTHER INFORMATION PLEASE CONTACT: Greg Davis
Sunridge Gold Corp.
VP Business Development
604-688-1263 (direct)
greg@sunridgegold.com
ORDon Halliday
Sunridge Gold Corp.
604-899-1505 (direct)
donh@sunridgegold.com
http://www.sunridgegold.com/">www.sunridgegold.com