By Greg Klein,
Sunridge Gold Corp TSXV:SGC announced results from the Gupo Gold Deposit of its Asmara Project in Eritrea.
The emerging gold company reported that the 52-hole 4,500 meter drilling program appears to have successfully confirmed and possibly expanded the area of gold mineralization.
The results will now be used to upgrade the resource as part of the ongoing prefeasibility study on the Asmara North Deposits – which include the Emba Derho, Adi Nefas, and Gupo Gold deposits. Sunridge also noted that based on the success of the program, it is planning additional holes for further potential resource expansion and definition of the deposit.
President/CEO Michael Hopley remarked, “We are very happy with the gold results from the drill program at Gupo. The results appear to support the previous resource estimates and we will now work on updating the resource at Gupo. We are also seeing the potential to expand the resource as the gold mineralization appears to be continuing to depth.”
- 4.56 g/t gold over 15 metres (including 15.91 g/t over 4 metres)
- 2.89 g/t over 23 metres
- 2.77 g/t over 16 metres
- 10.56 g/t over 4 metres (including 41.24 g/t over 1 metre) and
- 5.42 g/t over 7 metres (including 20.01 g/t over 1 metre)