Sunridge Gold lands mining licences for Asmara project
Asmara is forecast to start commercial mining operations in the third quarter of 2016
Company
CVE:SGC
Solstice Gold Corp is a gold-focused exploration company with quality, district-scale projects in established mining regions of Canada. The company's total 180 square kilometer (km2) land position is located on the northern extensions of the prolific Red Lake Gold Camp in Ontario. The Red Lake Extension (RLX) Project is approximately 45 kilometers (km) from the Red Lake Mine Complex owned by Evolution Mining. Solstice Gold is funded for phase one drilling at RLX. Its newly formed 322 km2 Atikokan Gold Project is approximately 23 km from the Hammond Reef Gold Project owned by Agnico Eagle Mines Limited and is fully funded for a robust field program in 2022. The company's district-scale Qaiqtuq Gold Project, which covers 886 km2 with certain other rights covering an adjacent 683 km2, hosts a 10 km2 gold boulder field and is fully permitted with multiple drill-ready targets. Qaiqtuq is located in Nunavut, Canada, only 26 km from Rankin Inlet and approximately 7 km from the Meliadine gold deposits owned by Agnico Eagle Mines Limited.
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Asmara is forecast to start commercial mining operations in the third quarter of 2016
The Asmara Project, held by the Asmara Mining Share Company (AMSC), a joint-venture company of which Sunridge owns 60% and the Eritrean National Mining Corporation ("ENAMCO") owns 40%. Sunridge would be the sole buyer for the Perry Estate N
The Asmara Project, comprising six defined deposits - four of which are the subject of a feasibility study completed in May 2013 and are currently in the permitting process –is held by the Asmara Mining Share Company (AMSC), a joint-venture
Looking for your next resource investment? Look no further. Retail investors will have a unique opportunity to meet the senior management teams of some of Canada's top junior resource companies at the Subscriber Investment Summit in Toronto
Looking for your next resource investment? Look no further. Retail investors will have a unique opportunity to meet the senior management teams of some of Canada's top junior resource companies at the Subscriber Investment Summit in Toronto
Looking for your next resource investment? Look no further. Retail investors will have a unique opportunity to meet the senior management teams of some of Canada's top junior resource companies at the Subscriber Investment Summit in Toronto
Looking for your next resource investment? Look no further. Retail investors will have a unique opportunity to meet the senior management teams of some of Canada's top junior resource companies at the Subscriber Investment Summit in Toronto
Looking for your next resource investment? Look no further. Retail investors will have a unique opportunity to meet the senior management teams of some of Canada's top junior resource companies at the Subscriber Investment Summit in Toronto
With further quantitative easing action looming, gold is rebounding and prices have hit five-month highs in recent days.
With further quantitative easing action looming, gold is rebounding and prices have hit five-month highs in recent days.
With further quantitative easing action looming, gold is rebounding and prices have hit five-month highs in recent days.
With further quantitative easing action looming, gold is rebounding and prices have hit five-month highs in recent days.
With further quantitative easing action looming, gold is rebounding and prices have hit five-month highs in recent days.