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- Tue Aug 19, 2014 - New Sunridge Gold Coverage from Gold Newsletter
Brien Lundin, editor of Gold Newsletter, recently put out a new recommendation on Sunridge Gold Corp. in his August 2014 newsletter to subscribers. To read the full coverage, please see below.
\'Sunridge Gold has four advanced projects organized within its Asmara project in Eritrea and, in an interesting twist, the company has combined all four into one feasibility study.
By staging production through the four projects and having mining revenue help to fund successive stages, the
- Thu Jul 17, 2014 - Sunridge Gold On Track to Start Production In 2015 On the Asmara Project, Eritrea
Sunridge Gold Corp. (the \'Company\' or \'Sunridge\') (SGC: TSX.V/SGCNF: OTCQX) is pleased to report that the recent signing of the shareholder agreement with the Eritrean National Mining Corporation (\'ENAMCO\') (see June 27, 2014 news release) has accelerated activities on the Asmara copper-zinc-gold project (the \'Asmara Project\') so that subject to permitting and funding the Asmara Project is on track to commence production in 2015. The Asmara Project is to be held and operated by the Asmara Mining Share Com
- Fri Jun 27, 2014 - Sunridge Gold Signs Shareholder's Agreement With Enamco For Asmara Copper-Zinc-Gold Project, Eritrea
Sunridge Gold Corp. (the \'Company\' or \'Sunridge\') (SGC: TSX.V/SGCNF: OTCQX) is pleased to announce that Sunridge and the Eritrean National Mining Corporation (\'ENAMCO\') have executed a shareholders' agreement (the \'Shareholders' Agreement\') to organize and operate the Asmara Mining Share Company (\'AMSCo\') the operating entity which will own and operate the Asmara copper-zinc-gold mining project (the \'Property\') in Eritrea.
AMSCo will be owned 60% by Sunridge and 40% by ENAMCO (30% participating and 10
- Sat May 31, 2014 - Third Quarter Report ending May 31, 2014
- Wed Apr 30, 2014 - Sunridge Gold Files Amended NI 43-101 Technical Report on the Feasibility Study for the Asmara Project, Eritrea
Sunridge Gold Corp. (SGC:TSX.V/SGCNF:OTCQX) (the \'Company\') announces it has filed on SEDAR an amended Technical Report (\'the Amended Report\') dated March 27, 2014 on the independent Feasibility Study on the Asmara Project, Eritrea with an effective date of May 16, 2013. The Amended Report includes the updated values from the financial model which increased the Base Case post-tax net present value (\'NPV\') from $345 million to $428 million. As announced on March 27, 2014, the increased numbers are based
- Thu Mar 27, 2014 - Sunridge Gold Increases Post-Tax Value For The Asmara Project, Eritrea
Sunridge Gold Corp. (the \'Company\' or \'Sunridge\') (SGC: TSX.V/SGCNF: OTCQX) is pleased to report that it has received updated values from the financial model for the Asmara Project Feasibility Study (the \'Study\') which increased the Base Case post-tax net present value (\'NPV\') from $345 million to $428 million. The increased numbers are based on the Company receiving clarity on the tax laws of Eritrea, specifically the application of historic expenditures and depreciation in the financial model. The pre-t
- Wed Mar 12, 2014 - Sunridge Gold Grants Options
Pursuant to the Sunridge Gold Corp. (SGC:TSX.V/SGCNF:OTCQX) shareholder approved stock option plan, the Directors have today granted incentive stock options to directors, employees and consultants on 5,300,000 shares of the Company's capital stock, exercisable for up to five years at a price of $0.26 per share, which is the last closing price of the Company's shares prior to the date of grant. The options granted will vest under normal vesting terms and will be subject to any applicable regulatory hold p
- Fri Feb 28, 2014 - Second Quarter Report ending February 28, 2014
- Tue Feb 4, 2014 - Sunridge Gold Signs Agreement with Enamco for Asmara Copper-Zinc-Gold Project, Eritrea
Sunridge Gold Corp. (the \'Company\' or \'Sunridge\') (SGC: TSX.V/SGCNF: OTCQX) is pleased to announce that it has executed a binding term sheet (the \'Term Sheet\') with the Eritrea National Mining Corporation (\'ENAMCO\') regarding ENAMCO's participation in the Company's Asmara Project in Eritrea.
As first announced in August 2012, ENAMCO has exercised its right to acquire its maximum 30% participating interest in the Asmara Project in addition to ENAMCO's existing right to be issued a 10% non-assessable in
- Mon Jan 13, 2014 - Sunridge Gold Provides 2014 Outlook
Sunridge Gold Corp. (the \'Company\' or \'Sunridge\') (SGC: TSX.V/SGCNF: OTCQX) is pleased to provide an outlook on some of the Company's activities planned for 2014 which is expected to be an important year for the Company as it anticipates passing a significant number of milestones as it drives its Asmara Project in Eritrea as rapidly as possible towards production. Some of these milestones and other salient points for the year are as follows: