Sunridge Gold Corp.
TSX VENTURE : SGC

Sunridge Gold Corp.

January 18, 2007 08:00 ET

Sunridge Gold Commences 2007 Exploration, Drilling and Development Programs at Asmara Project, Eritrea

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 18, 2007) - Sunridge Gold Corp. (TSX VENTURE:SGC) announces that the 2007 exploration program has commenced at the Asmara Project, Eritrea with two drills operating at the large Emba Derho VMS project and one drill at the new Kodadu VMS target. The exploration drilling budget for the first six months of 2007 is US$2.5 million and will include approximately 25,000 metres of drilling at known deposits and several new targets that have been generated by the ongoing property-wide gravity survey.

A summary of the planned program for the Asmara Project for the first six months of 2007 is as follows:

Known Deposits:

Emba Derho zinc, copper, gold VMS deposit: 10,000 metres in-fill and 5,000 metres exploration and extension drilling. Currently 103 holes have been drilled over a strike length of 900 metres, a width up to 300 metres and a depth of approximately 300 metres. Assays have been reported for 71 holes and further assays for holes 72 to 103 will be reported as received by the Company.

Debarwa copper, gold, zinc VMS deposit: 400 metres for water well and geotechnical drilling. An independent resource estimate is expected this month and a Preliminary Assessment Study by mid-February.

Adi Nefas zinc, gold, copper VMS deposit: 2,000 metres for in-fill drilling and a down-hole EM conductor program. An independent resource estimate is expected this month and a Preliminary Assessment Study by mid-February.

New Targets

Kodadu VMS target: 4,000 metres exploration drilling. To date, seven holes have been drilled and assays will be reported as received by the Company.

Adi Moussa VMS target: 2,000 metres exploration drilling. Large gravity anomaly produced by recent regional gravity survey adjacent to known mineralized outcrop.

Adi Rassi VMS target: 1,000 metres exploration drilling. Large gravity anomaly produced by recent regional gravity survey adjacent to known mineralized outcrop.

Adi Lamza VMS target: 1,000 metres exploration drilling. Large gravity anomaly produced by recent regional gravity survey adjacent to known mineralized outcrop.

The above exploration and drilling program will be subject to revision based on the success of the program on the new target areas.

In addition to the programs outlined above there will be continuing geological mapping, ground EM and down-hole EM survey work, regional and detailed gravity surveys, IP and ground magnetic surveys, engineering, metallurgical and environmental studies.

The Qualified Person for the release of this exploration information is Michael Hopley, President and Chief Executive Officer of Sunridge Gold Corp.

Sunridge Gold Corp. is a mineral exploration company focused on the acquisition, exploration, discovery and development of precious and base metal projects. The Company has 39 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 Don Halliday at the number listed below.

SUNRIDGE GOLD CORP.

Michael Hopley, President and Chief Executive Officer

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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