Sunridge Gold Drill Results Expand Dimensions of High-Grade Gold, Copper and Zinc Zone at Adi Nefas VMS Project, Eritrea.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Sunridge Gold Corp. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:SGC SGC Server Gated Cryptography SGC StarGate Command SGC South Georgia College (Douglas, GA, USA) sGC Soluble Guanylate Cyclase SGC Superannuation Guarantee Charge (Australian finance) ) ("Sunridge") reports assay results from the first ten diamond drill holes, NG-007-D to NG-016-D, completed to date in the 2005 drill program. These results are from the Adi Nefas Gossan gos·san n. An exposed, oxidized portion of a mineral vein, especially a rust-colored outcrop of iron ore. [Cornish gossen, from g gold-copper-zinc volcanogenic vol·ca·no·gen·ic adj. Of volcanic origin. massive sulphide sulphide: see sulfide. (VMS (1) (Virtual Memory System) A multiuser, multitasking, virtual memory operating system for the VAX series from Digital. VMS applications run on any VAX from the MicroVAX to the largest unit. See OpenVMS. ) occurrence, part of the Asmara Project in Eritrea. Twenty-two diamond and reverse circulation drill holes have been completed to date for a total of 3,307 metres. These results extend the vertical depth by 155 metres and horizontal dimensions by 120 metres of the high-grade gold, copper, zinc zinc, metallic chemical element; symbol Zn; at. no. 30; at. wt. 65.38; m.p. 419.58°C;; b.p. 907°C;; sp. gr. 7.133 at 25°C;; valence +2. Zinc is a lustrous bluish-white metal. It is found in Group 12 of the periodic table. zones first discovered in drill holes NG-003-RD and NG-005-RD reported on March 16, 2005. E[acute accent acute accent n. A mark (´) indicating: a. that a vowel is close or tense, as é in French été. b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek. c. ]Based on these results and the results of the 2005 sampling work, the Company is attempting to contract a second drill rig as soon as possible.
HIGHLIGHTS:
NG-009-D - 5.9 metres grading 2.23 g/t Au, 115.03 g/t Ag, 1.56% Cu
& 20.03% Zn
NG-10-D - 6.05 metres grading 7.17 g/t Au, 202.89 g/t Ag, 2.03% Cu
& 14.35% Zn
NG-13-D - 11.79 metres grading 7.57 g/t Au, 212.38 g/t Ag 4.25% Cu
& 19.70% Zn
NG-15-D - 9.78 metres grading 3.05% Cu and 9.92% Zn
NG-16-D - 11.00 metres grading 3.96 g/t Au, 96.81 g/t Ag, 1.19% Cu
& 10.60% Zn
Adi Nefas - Selected Gold, Silver, Copper and Zinc Drill Assays
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From To Interval Gold Silver Copper Zinc Zone/
Hole ID metres metres metres g/t g/t % % Comment
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NG-007-D 82.00 88.40 6.40 3.77 214.48 2.27 5.32 Primary
Zone
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NG-008-D Poor Core recovery
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NG-009-D 90.10 96.00 5.90 2.23 115.03 1.56 20.03 Primary
Zone
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NG-010-D 50.90 56.95 6.05 7.17 202.89 2.03 14.35
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NG-011-D Poor Core recovery
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NG-012-D 58 59 1 5.07 182.8 - - Leached
Poor Core recovery
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NG-013-D 74.54 86.33 11.79 7.57 212.38 4.25 19.70 Supergene/
Primary
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NG-014-D 148.20 151.70 3.50 10.96 184.84 1.85 6.51 Primary
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And 157.25 160.70 3.45 3.13 118.94 1.03 9.10
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NG-015-D 63.85 73.63 9.78 0.62 55.12 3.05 9.91 Supergene/
Primary
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NG-016-D 173.95 184.42 11.00 3.96 96.81 1.19 10.60 Primary
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E[acute accent]Drill holes NG-007-D and NG-008-D were positioned to test the vertical continuity of mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. above and below NG-005-RD which intersected supergene-style mineralization of 4.63% copper and 9.14 g/t gold over 11 metres (reported on March 16, 2005). Results from NG-007-RD showed that strong primary style gold, copper, zinc and silver mineralization extends vertically at least 35 metres beneath NG-005-RD. However, above NG-005-NG assay information from NG-008-D is considered unreliable due to poor core recovery because of cavities in the rock formed by a natural leaching leaching, method of extraction in which a solvent is passed through a mixture to remove some desired substance from it. A simple example is the passage of boiling water through ground coffee to dissolve and carry out the chemicals necessary for producing the beverage. process in the upper zone of mineralization between the leached zone and the supergene su·per·gene n. A group of closely linked genes occupying a large chromosomal segment and frequently functioning as a genetic unit. zones. E[acute accent]Drill holes NG-009-D, NG-010-D and NG-011-D were drilled to test the vertical continuity of the high-grade zinc mineralization encountered in previous drill hole NG-003-RD of 22.81% zinc, 1.50% copper, 3.94 g/t gold and 108.44 g/t silver over 8.5 metres (reported on March 16th, 2005). Drill holes NG-009-D and NG-010-D both successfully found similar high-grade primary-style zinc mineralization respectively about 20 metres below and 12 metres above NG-003-RD. Unfortunately, NG-011-RD which was drilled to test close to surface extensions to the mineralization had poor core recovery due to cavities. E[acute accent]Drill holes NG-012-D through NG-016-D were drilled to test the possible southern extensions of previously encountered high-grade mineralization at Adi Nefas. Drill holes NG-013-D and NG-014-D successfully extended the strike length of strong zinc and gold mineralization approximately 80 metres south of the high-grade mineralization previously reported in NG-005-RD. Again, in attempting to test the upper levels of the system NG-012-D encountered cavities and poor core recovery therefore management believes that there is a possibility that the one metre interval reported in the table could be larger. Drill holes NG-015-D and NG-016-D extended the continuity of strong zinc, gold copper and silver mineralization another 40 meters to the south. E[acute accent]Management of Sunridge believes that the currently defined mineralization at Adi Nefas is open to the north, at depth and possibly to the south. Drill hole NG-004-RD drilled 80 metres north of all current drilling showed no significant assays because the hole intersected the leached zone which is above the level of potential supergene or primary mineralization. Deeper drilling is planned at this location. E[acute accent]For further clarification of the location of these drill holes please see the map and cross-section included in this news release. E[acute accent]At least another 20 to 30 drill holes are planned to be completed at Adi Nefas over the next few weeks with the goal of extending mineralization to the north, south and depth. E[acute accent]As part of the 2005 program, drilling will also be conducted at the Debarwa high-grade VMS Deposit, Debarwa East and the Embra Derho VMS gossan. E[acute accent]Notes: E[acute accent]1. As there is insufficient data to calculated true widths, drill intercept intercept in mathematical terms the points at which a curve cuts the two axes of a graph. lengths only are reported. E[acute accent]2. Hole designation ending in "D" are all drilled by diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral methods only. Hole designation ending in "RD" are those started with reverse-circulation and completed with diamond drilling. E[acute accent]3. A Quality Assurance/Quality Control program is part of the drilling program on the Asmara Project. This program includes chain of custody The movement and location of physical evidence from the time it is obtained until the time it is presented in court. Judges in bench trials and jurors in jury trials are obligated to decide cases on the evidence that is presented to them in court. protocol as well as systematic submittals of standards, duplicates and blank samples into the flow of samples produced by the drilling. E[acute accent]4. A description of the geology, sampling procedures, and the Company's laboratory Quality Assurance/Quality Control procedures are as described in the Company's National Instrument 43-101 Technical Report filed on February 17, 2004 and amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. by the Amended Technical Report filed dated April 27, 2004. This report is available at www.sedar.com. E[acute accent]5. Samples are prepared at African Horn Testing Services (Eritrea) and analyzed an·a·lyze tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es 1. To examine methodically by separating into parts and studying their interrelations. 2. Chemistry To make a chemical analysis of. 3. at Genalysis Laboratories (a NATA NATA National Athletic Trainers' Association NATA National Association of Testing Authorities (Australia) NATA National Air Transportation Association (Alexandria, VA, USA) registered laboratory) in Perth Western Australia Western Australia, state (1991 pop. 1,409,965), 975,920 sq mi (2,527,633 sq km), Australia, comprising the entire western part of the continent. It is bounded on the N, W, and S by the Indian Ocean. Perth is the capital. . E[acute accent]6. The Qualified Person for the release of this exploration information is Michael Hopley, President and Chief Executive Officer of Sunridge Gold Corp. E[acute accent]Sunridge Gold Corporation is a mineral exploration company focused on the acquisition, exploration, discovery and development of precious and base metal projects. The Company is currently focused on the Asmara Project in Eritrea. The Company has 22.4 million shares outstanding and trades on the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. under the symbol SGC. For additional information on the Company and its projects please visit our website at www.sunridgegold.com or call Don Halliday at the number listed below. E[acute accent]SUNRIDGE GOLD CORP. E[acute accent]Michael Hopley, President and Chief Executive Officer E[acute accent] E[acute accent]The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. E[acute accent]Sunridge Gold Corp. (TSX VENTURE:SGC) |
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