SBS sub-sahara resources nl

Mon Jan 15, 2007Sunridge Gold Announces Gupo Gold Drill Results...

  1. 2,924 Posts.
    lightbulb Created with Sketch. 2
    Mon Jan 15, 2007
    Sunridge Gold Announces Gupo Gold Drill Results - Confirms Open-Pit Potential

    --------------------------------------------------------------------------------

    Sunridge Gold Corp. (SGC/TSX.V) announces assay results from a drilling program on the Gupo Gold deposit (formerly referred to as Adi Nefas Doop Gold Deposit) within the Asmara Project Eritrea. This twenty-six hole program was designed to verify and expand on the drilling of another company, La Source, completed in the mid 1990's. Based on the La Source results the Company has estimated a NI 43-101 compliant inferred resource of 1,965,000 tonnes at an average grade of 2.99 g/t gold containing 189,000 ounces of gold. The drill results reported from holes GG-001-RD to GG-020-RD confirm the continuity of the near surface gold zone and open-pit potential of Gupo, particularly as it is close to the Adi Nefas zinc/gold/copper and the Emba Derho zinc/copper/gold VMS deposits (see attached map) and could therefore serve as additional resources for future mining operations


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.