Sunburst Acquisitions IV, Inc.
OTC Bulletin Board : SBAQ

Sunburst Acquisitions IV, Inc.

September 28, 2005 15:54 ET

Sunburst Provides Property and Corporate Update

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 28, 2005) - Sunburst Acquisitions IV, Inc. ("Sunburst" or the "Company") (OTCBB:SBAQ) is pleased to report several positive developments with regards to its properties and business operations.

Pursuant to a finalized agreement with Minera Rio Tinto ("MRT") in August 2005, Sunburst, through its wholly owned subsidiary, Sunburst de Mexico, has secured direct title to and 100% interest in three Mexican properties in the Sierra Madre Gold Belt, subject to royalties and operating bonus, as follows:

- Cieneguita - According to estimates of the previous operator, the Cieneguita property has a total drill indicated ore resource of 250,000 ounces of gold, of which 100,000 ounces are in oxide and mixed ores. The oxide zone of this ore body is shallow (20 meters deep), it outcrops over an area of 200 by 1,000 meters and has been exposed by previous mining. Sunburst completed extensive surface sampling and the grade of the ore, 2.2 grams, has confirmed previous mining results. The initial mining operation will focus on extracting and processing, by heap leach, the oxide and mixed ore reserves. Cieneguita was formerly operated by Glamis Gold Ltd. (TSX:GLG), and the Company intends to confirm all previous findings and estimates as part of its exploration program. Sunburst's plan is to remediate the mine site and recommence production within six months of obtaining the required funds. All production infrastructure is in place and the Company has obtained the necessary surface and water rights.

- Guazapares - The Guazapares property comprises three areas in which economic mineralization has been identified. In one of these areas, La Blanca drilling results indicate significant gold reserves. A second area drilled by Kennecott identified economic mineralization with vein-type structures, including 40 meters of economic ore grades on the hanging wall of the San Antonio and San Francisco veins. The mineralized structures are open in various directions and by drilling the extensions and confirming previous estimates through its exploration program, the Company believes additional ore reserves may be found.

- Encino Gordo - In September 2005, a multimillion-ounce gold and silver deposit was discovered on a property near Sunburst's Encino Gordo property. The property, owned by Palmarejo Gold Corporation (TSX VENTURE:PJO), is located some five kilometers away from Sunburst's property, and is characterized by the same geological setting. Drilling results at Palmarejo have returned an inferred resource of 20.0 grading 4.8 grams per tonne gold equivalent, containing 1.1 million ounces of gold and 126 million ounces of silver (3.1 million ounces gold equivalent). As a result of Palmarejo's discovery, Sunburst plans to accelerate its exploration program and to confirm the Company's own surface geochemical sampling of the Encino Gordo properties, which have indicated the presence of strong mineralized structures. The Company is planning to carry out an exploration program at Encino Gordo to investigate the gold and silver anomalies detected by the geochemical samples.

Subject to obtaining sufficient funding, Sunburst's immediate goal is to bring Cieneguita into production as soon as possible, and to commence exploration programs on the Guazapares and Encino Gordo properties.

Mr. Mario Ayub, a director of Sunburst, is the former head of the Mexican National Mining association and the current President of the Chihuahua Regional Mining association. He has extensive contacts in the mining industry worldwide, and particularly in Mexico. His participation in the Company will facilitate the recruitment of a qualified team of professionals to bring the Cieneguita mine back into production, and to implement successful exploration plans for all the Sunburst properties. Further, the Company also expects to obtain key access to attractive exploration and mining projects through Mr. Ayub's strategic and business relationships with mining property owners in Mexico.

The Company has also appointed Mr. Tracy A. Moore as interim COO. Mr. Moore is President and founder of MCSI Consulting Group, a corporate finance advisory firm based in Vancouver, BC. MCSI will provide administrative support for Sunburst.

Sunburst is in active discussions with several prospective financing groups with the intention of raising up to $3 million of financing over the next six months. These funds, if secured, will allow Sunburst to repay interim loans and finance mining and exploration initiatives planned for its three Mexican mining properties.

About Sunburst

Sunburst's goal is to increase shareholder value by acquiring gold and silver properties that have a history of production and proven reserves. The Company plans to become a profitable mid-tier producer of gold and silver metal by focusing on medium-sized, high-grade deposits amenable to open-pit mining, heap leach processing. Sunburst intends to contribute to the development of the communities in which it operates and it will be an environmentally responsible company by minimizing the impact of its mining operations. The Company will operate initially in Mexico, a country in which Mineral Rio Tinto ("MRT"), Sunburst's joint venture partner, has extensive mining expertise and the government and industry relations to bring mining properties to production.


Mario Ayub, Director

Statements about the Company's future expectations, including future revenues, earnings, exploration programs, and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results. In particular, Sunburst's business is subject to several risk factors, including the risk that the Company will be unable to raise the funds necessary to support its exploration activities and operations, as well as the risk that little or no gold/silver will be found on the Company's properties. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

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