Sunridge Gold Initiates Production Study on Asmara Project, Eritrea
von ENP Newswire
- Veröffentlichungsdatum: 2010-04-01
- Genre: Business und Finanzen
Beschreibung
ENPNewswire-1 April 2010-Sunridge Gold Initiates Production Study On Asmara Project, Eritrea(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 31032010 - Sunridge Gold Corp. (SGC/TSX.V) announces that PEG Mining Consultants Inc. ('PEG') have been commissioned to conduct a Strategic Production Study (the 'Study') of mining and processing options for the four known 100% owned mineral deposits on the Company's Asmara Project in Eritrea. The Study will serve as a roadmap for future engineering studies and will initially focus on the possibility of fast-tracking mining and direct shipping of a small, high-grade copper section of the Debarwa copper supergene zone where grades average between 15% to 20%. (See table below under Debarwa). This scenario may represent a low capital cost production opportunity which could generate near-term cash-flow for Sunridge.
