Tag Archives: Eritrea Natural Resource

Sunridge Gold’s Presentation on the Asmara Gold Project

Sunridge at the Subscriber Investment Summit, Toronto
Sunridge at the Subscriber Investment Summit, Toronto

By Even Keel Media,

Michael Hopley, President  and CEO of Sunridge Gold Corp explains the company’s Asmara Gold Project in Eritrea at the Subscriber Investment Summit in Toronto on March 1st 2014.

About Sunridge: Sunridge is a mineral exploration and development company focused on the acquisition, exploration, discovery and development of base and precious metal projects on the Asmara Project in Eritrea. Sunridge currently has approximately 210 million shares outstanding and trades on the TSX Venture Exchange under the symbol SGC.  Continue reading Sunridge Gold’s Presentation on the Asmara Gold Project

Sunridge Discovers Fifth Mineral Deposit – The Adi Rassi Copper-Gold Deposit

Adi Rassi is now the fifth mineral resource defined by Sunridge on the Asmara Project that comprises others previously well defined four deposits: Adi Nefas, Emba Derho, Gupo and Debarwa deposits.

Sunridge Gold, the next Nevsun, will soon reach to its final stage – production

By Sunridge Gold,

Sunridge Gold Corp. (TSX.V:SGC; OTCQX:SGCNF) reports that it has completed an initial independent NI43-101 and JORC compliant mineral resource estimate for the Adi Rassi Copper-Gold deposit located on the Asmara project, Eritrea.

Adi Rassi is the fifth mineral resource defined by Sunridge on the Asmara Project. On May 2, 2012, Sunridge announced the results of a prefeasibility study (“PFS”) on the other four deposits (Adi Nefas, Emba Derho, Gupo and Debarwa) that concluded that the optimum economic scenario is to construct a single centralized processing plant near the Emba Derho deposit. Continue reading Sunridge Discovers Fifth Mineral Deposit – The Adi Rassi Copper-Gold Deposit

Nevsun Reports $170m in Revenue after Selling 2,700Kg of Gold in the 3Q 2012

In the last three months that ended September 30, 2012, Nevsun pays the Eritrean government $30,037,000 as income tax and $8,154,000 for Royalty. The government pays back $5,731,000 as partial payment for its 30% share in the Bisha Mine 

Nevsun Reports Strong Third Quarter 2012 Financial Results

By Nevsun,

Nevsun Resources Ltd.(TSX:NSU / NYSE MKT:NSU) today reported financial and operating results for the third quarter ended September 30, 2012.

This release should be read in conjunction with Nevsun Resources Ltd.’s (“Nevsun” or the “Company”) 2012 third quarter Management Discussion and Analysis (“MD&A”), which can be found at www.nevsun.com/investors/financials.  Continue reading Nevsun Reports $170m in Revenue after Selling 2,700Kg of Gold in the 3Q 2012