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Sunridge Gold Corp. announces that it has started an exploration drilling program on several highly prospective exploration targets on the Asmara Project, Eritrea.
One reverse-circulation drill has started drilling gold exploration targets on the Medrizien license. In addition, a diamond drill is expected to commence drilling within 3 weeks on the Adi Rassi target in the southern part of the Debarwa license. See map that follows. The drills are expected to complete approximately 12,000 metres of drilling over the next 4 to 6 weeks. Exploration Targets The first targets to be drilled are a series of four, sub-parallel gold mineralized shear zones that can be followed over strike lengths of 1000 metres to several kilometres in length and 50 to 200 metres in width on the western part of the Medrizien exploration license. Many of these zones have been mined by Italian colonists by both open-pit and underground methods including the Hara Hot zone which was the largest single open-pit seen on the Asmara Project. Sunridge geologists have mapped and sampled parts of the four shear zones in preparation for this drilling campaign. To date, a total of 450 rock chip and grab samples were taken from these 4 gold mineralized shear zones, from which 72 samples returned gold assays greater than 1 gram per tonne (g/t), including 16 samples with gold assays over 5 g/t with the best gold values of 68 g/t (grab sample) and a rock chip sample of 15.9 g/t over 2 metres. In addition, a newly discovered gold mineralized shear zone on the eastern side of the Debarwa license will be drilled as part of the program. This zone, known as Adi Kubulo, can be traced for several kilometres with an average width of about 80 metres. Parts of this zone have been prospected and sampled by Sunridge geologists with 102 rock chip and grab samples taken so far with assays pending. The first target to be drilled by the diamond drill will be the Adi Rassi prospect on the southern part of the Debarwa exploration license, located only about 10 kilometres southeast of the Debarwa VMS Deposit. This prospect is associated with a north trending shear zone about 600 metres long and averaging 70 metres wide mineralized with copper and gold within strongly foliated mafic tuff and flows steeply dipping to the west. The copper and gold mineralization occurs within quartz veins and along foliation plans. Management believes that Adi Rassi could be a potentially large new copper and gold discovery based on earlier drilling results such as AR-002D: 84 metres with an average grade of 1.32 g/t gold and 0.84% copper, AR-003D: 25 metres with an average grade of 0.75 g/t gold and 0.54% copper and AR-004D: 78 metres with an average grade of 0.22 g/t gold and 1.0% copper. Results from this drilling program are expected within about 2 months. |
