"The money raised from the sale of our Sunridge shares has provided a significant boost to our working capital without adding to our shares on issue. This ensures we have the necessary resources available to further progress our exploration activities at the highly prospective Zara Gold Project in Eritrea,” Mr Griffiths said. “At present the Zara gold project has a deposit of over 1 million oz and with more drilling to be undertaken this year, we believe there is still room to grow this deposit further. With gold prices at record highs and the considerable upside we believe still exists, the Sub Sahara board and management team are committed to achieving our vision of developing this project into a viable, commercial gold mining operation in the near term.”.
SBS Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
