Sunridge Gold Corp.
TSX VENTURE : SGC

Sunridge Gold Corp.

January 16, 2008 08:01 ET

Sunridge Gold Files Emba Derho Technical Report

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 16, 2008) - Sunridge Gold Corp. (TSX VENTURE:SGC) is pleased to report that the Technical Report supporting the Emba Derho mineral resources reported on December 4, 2007 is now filed on the Company's profile at www.sedar.com.

The Technical Report titled "Emba Derho Project, Eritrea - Mineral Resource Estimate" with an effective date of November 30, 2007 was prepared by MSA Geoservices (Pty) Ltd. ("MSA") an independent and internationally operating geological consultancy firm based in Johannesburg, South Africa. The report dated January 11, 2008 was prepared on behalf of the Company in accordance with National Instrument 43-101 requirements by Mike Robertson, MSc, Pr. Sci.Nat, MSAIMM and Mike Hall MAusIMM both of MSA.



This mineral resource estimate is mostly in the "Indicated" category and
is summarized as follows:

Summary of Indicated Mineral Resources at Emba Derho

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Zone Cut-off K-tonnes Zn% Cu% Au g/t Ag g/t
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Zn Primary 1.0% Zn 27,895 2.52 0.46 0.36 11.51
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Cu Primary 0.5% Cu 21,177 0.36 0.96 0.12 6.74
----------------------------------------------------------------------

In addition to the "Indicated" mineral resources above there is an
"Inferred" resource summarized as follows:

Summary of Inferred Mineral Resources at Emba Derho

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Zone Cut-off K-tonnes Zn% Cu% Au g/t Ag g/t
----------------------------------------------------------------------
Au Oxide 0.5 g/t 1,237 0.03 0.05 1.86 7.70
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Zn Primary 1.0% Zn 116 1.60 1.22 0.20 6.73
----------------------------------------------------------------------
Cu Primary 0.5% Cu 248 0.42 1.10 0.12 6.14
----------------------------------------------------------------------


In the Technical Report the MSA recommendations include the following:

- The Emba Derho project has sufficient technical merit to justify further work programs with a budget of approximately $3,960,000 (Canadian);

- The work programs would include the initiation of a pre-feasibility study to include more metallurgical and process option studies, geotechnical studies, mining option studies, preliminary engineering design, preliminary design of infrastructure items, capital and operating cost estimation, and ongoing environmental and social studies.

- A further 15,000 meters of drilling to test the open-ended east and west extensions of the Emba Derho deposit, to better define the gold oxide zone, to test the deposit in greater depth as well as to better define structures and refine the geological model;

- Continued exploration elsewhere within the license which may lead to the discovery of additional satellite deposits with potential sources of supplemental feed to Emba Derho.

MSA concludes in its Technical Report that the Emba Derho zinc-copper-gold VMS deposit is similar in style to other known VMS deposits in the Asmara region, but is substantially larger and more structurally complex. The deposit is hosted within a sequence of folded strata, cut by younger dykes and intrusives. The deposit has been investigated with 178 drillholes as at October 2007, drilled at approximately 40 m centers along sections lines 40 m apart. Mineralization has been drill-tested to depths of 350 m and is currently open to the east, west and at depth. The Emba Derho deposit is broadly separated into an upper, oxide zone carrying precious metal accumulations and a lower, primary sulphide zone, hosting high-grade Cu and Zn mineralization. Copper-rich and zinc-rich sections occur within the primary zone, which potentially adds flexibility to selective exploitation of the resources. The Mineral Resource estimate does not include an additional 21 drillholes completed since the resource estimate was completed. Some of these drillholes, particularly to the northwest of the Emba Derho deposit, have reported intersections of up to 116 m of massive sulphide mineralization. The northwest zone of the deposit has been drill tested for some 400 m along strike and is still open for a further 600 m along strike based on surface geology, gravity results and pulse EM data. It is believed that the recent drill results have the potential to significantly increase the size of the deposit. The Sunridge drill program was successful in delineating a large mineralized VMS system. It is anticipated that ongoing exploration will increase the overall Mineral Resources and upgrade the classification of the existing Mineral Resource base defined in the Technical Report.

The results of the MSA resource estimate have been reviewed by Sunridge technical staff including Michael J. Hopley the Qualified Person for Sunridge. The Company believes that the MSA resource estimate for Emba Derho was conducted in a professional and competent manner. Mr. Hopley is also the person responsible for preparation of the technical information contained in this news release and is President and Chief Executive Officer of Sunridge.

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 51.6 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 or Greg Davis at the numbers 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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