Tag Archives: gupo

Eritrea to Buy 30% Interest of Sunridge’s Asmara Project

The Asmara Project that consists of four mineral deposits (Emba Derho, Debarwa, Adi Nefas and Gupo) will be the largest mine in Eritrea

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

By Sunridge Gold,

Sunridge Gold Corp. (the “Company” or “Sunridge”) (SGC:TSX.V/SGCNF:OTCQX) is pleased to announce that the Eritrean government through the Eritrean National Mining Corporation (“ENAMCO“) has informed the Company that ENAMCO intends to acquire a 30% paid participating interest in the Company’s Asmara Project in Eritrea.  Continue reading Eritrea to Buy 30% Interest of Sunridge’s Asmara Project

Asmara contains 1.27 bln pounds of copper: Sunridge Gold Final Resource Estimate

It’s official now - Total contained metal at the Asmara project is: 1.27 billion pounds of copper, 2.6 billion pounds of zinc, 930,000 ounces of gold and 28.36 million ounces of silver

By Joyanta Acharjee,

Sunridge Gold Corp. today received the final resource estimate update for the Gupo gold deposit in Eritrea, the fourth deposit that forms the basis of the Asmara North prefeasibility study.

Total contained metal at the Asmara project, on a measured and indicated basis, now stands at 1.27 billion pounds of copper, 2.6 billion pounds of zinc, 930,000 ounces of gold and 28.36 million ounces of silver.

Total measured and indicated resources at Asmara amount to 76.09 million tonnes. Continue reading Asmara contains 1.27 bln pounds of copper: Sunridge Gold Final Resource Estimate