Sunridge explores in Eritrea (February 16, 2004)

Two drills are testing the Debarwa copper-gold deposit in Eritrea. The near-surface, volcanogenic massive sulphide deposit is part of the 1,400-sq.-km Asmara project held by partners Sunridge Gold (SGC-V) and operator Sub-Sahara Resources N.L.

The drilling is part of a first-phase exploration program aimed at testing massive sulphide targets, as well as structurally controlled gold mineralization, on the Asmara project.

The Debarwa massive sulphide deposit has an enriched zone of high-grade copper (supergene) that was previously drilled by Sub-Sahara. This work returned values of more than 10% copper, along with “significant” gold values.

The joint venture plans to carry out more than 5,000 metres of reverse-circulation and diamond drilling to define the supergene copper zone and upgrade the resource into the measured category. Drilling will also test the strike and downdip extensions of the deposit.

Later this quarter, the partners expect to release results of mapping and chip sampling, which was aimed at developing new targets on the land package.

Sunridge can earn 90% of the Asmara project, which includes Debarwa, from Sub-Sahara. The junior is funding the current drill program.

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