VANCOUVER, BRITISH COLUMBIA, Apr 10, 2012 (MARKETWIRE via COMTEX) — Sunridge Gold Corp. CA:SGC 0.00% (otcqx:SGCNF) has today filed a National Instrument 43-101 compliant technical report regarding the new resource estimate for the Adi Nefas zinc-gold-copper volcanogenic massive sulphide (VMS) deposit on the Company’s 100% owned Asmara Project, Eritrea as announced on February 22, 2012. This new resource was completed by Snowden Mining Industry Consultants Inc. (“Snowden”) as part of its ongoing prefeasibility study on the Asmara North Deposits which includes the Emba Derho, Adi Nefas and the Gupo gold deposit. Adi Nefas is located only six kilometres from the 70 million tonne Emba Derho Deposit. The prefeasibility study is being conducted by Snowden and GBM Minerals Engineering Consultants Ltd. and is scheduled for completion in April 2012.
The report is titled “Mineral Resource Estimate Update, Adi Nefas Project, Eritrea” with an effective date of February 20, 2012.
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 and exploration properties in Madagascar. Sunridge currently has approximately 117 million shares outstanding and trades on the TSX Venture Exchange under the symbol SGC. For additional information on the Company and its projects please view the slide show on our website at www.sunridgegold.com or call Greg Davis at the numbers listed below.
SUNRIDGE GOLD CORP.
Michael Hopley, President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Sunridge Gold Corp.