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dayneyus

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dayneyus

Re: None

Thursday, 03/08/2012 10:51:18 AM

Thursday, March 08, 2012 10:51:18 AM

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Sunridge President and CEO Michael Hopley says,

March 2 2012
"The average grade of all metals in the Adi Nefas deposit has significantly increased in this new resource estimate compared to the previous estimate in 2008.
This high-grade material should enhance the economics of the Asmara Project when this material is mined and blended as a high-grade feed to a central North Asmara processing plant in conjunction with the nearby Emba Derho deposit as well as the sulphide material from the Debarwa deposit. We expect that most of these resources will be converted to reserves with the completion of the pre-feasibility study in April."
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