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New drill results suggest discovery of new copper-gold zone at Sunridge Gold`s Adi Rassi Prospect

Published: 23:43 29 Jul 2010 BST

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Assay results from additional drilling at Sunridge Gold`s (TSX-V:SGC) Adi Rassi Prospect, which is situated in the Asmara Project in Eritrea, suggest the company may have discovered a new copper-gold zone. Sunridge completed 5 diamond drill holes, for 1,243 meters, at Adi Rassi as manager of the Sunridge Gold – Antofagasta (LSE:ANTO) joint venture.


Drilling highlights included 84 meters grading 1.32 grams per tonne gold and 0.84% copper in drill hole AR-002D, 25 meters grading 0.75 grams per tonne gold and 0.54% copper in drill hole AR-003D and 78 meters grading 0.22 grams per tonne gold and 1% copper in drill hole AR-004D. All three intersects are significant widths and grades.

The first of the drill holes, AR-001-D was abandoned, while the last of the holes, AR-005-D did not intersect any mineralization.


“These results indicate that a potentially large new copper and gold zone has been discovered at Adi Rassi. These assay results, combined with recently re-assayed core, now show a drilled strike length of over 500 metres,” Sunridge Gold added. “These results from ongoing exploration programs further demonstrate that the Asmara Project remains wide open for additional discoveries. There are still many untested anomalies and drill targets within the Asmara Project.”


Sunridge went on to state that Adi Rassi is now considered to be a `potentially large and continuous` zone of copper and gold mineralization.


The Adi Rassi prospect is part of the exploration funding agreement with Antofagasta Minerals, a subsidiary of London listed copper giant, Antofagasta.

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