Sunridge Gold Corp.

Sunridge Gold Corp.

July 19, 2007 08:01 ET

Sunridge Gold Announces Technical Services Agreements for Asmara Project, Eritrea

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 19, 2007) - Sunridge Gold Corp. (TSX VENTURE:SGC) is pleased to announce that it signed technical service agreements with Lundin Mining Corp. ("Lundin Mining") and MSA Geoservices ("MSA") for ongoing resources estimations and engineering work on the Emba Derho, Debarwa, Adi Nefas and Gupo deposits on the 100% owned Asmara Project, Eritrea.

The agreement with Lundin Mining allows for Sunridge to utilize the services of several key individuals who are specialists in such areas as resource estimates, mining engineering, metallurgy and environmental work. In particular, these specialists will be involved in the advancement of Sunridge's large, newly discovered Emba Derho zinc/copper/gold deposit as well as the 3 other deposits on the Asmara Project.

Under the agreement with Sunridge, MSA Geoservices will provide independent geological consulting services to produce a NI 43-101 compliant resource estimate for Emba Derho as well as updating the resource statements for Debarwa and Adi Nefas (Sunridge announced an independent inferred resource estimation on January 29, 2007 for the Debarwa and Adi Nefas deposits). It is planned to have this work completed by the end of September 2007.

MSA is based in Johannesburg, South Africa and is Africa's largest geological contracting and consulting company with over 150 employees. MSA's client base includes some of the largest multinational mining companies and over the past 5 years has been involved in over 100 mineral exploration projects worldwide.

Michael Hopley, President and CEO of Sunridge said; "The agreements with Lundin Mining and MSA give Sunridge a world-class team of professionals which will allow us to rapidly advance Emba Derho, Debarwa and Adi Nefas deposits towards production."

In addition, Sunridge also continues an aggressive property-wide exploration program in the search for additional base metal and gold deposits such as the four deposits that have been discovered to date on the Asmara Project. Three drills are currently testing a number of geophysical/geological targets on the Asmara Project and a fourth drill is expected to commence work by mid-July.

Lundin Mining is Sunridge's largest shareholder owning approximately 19% of the outstanding shares of the company. Dr. Neil O'Brien, Senior Vice President of Exploration and Business Development for Lundin Mining, has been appointed to the Sunridge Gold Board of Directors, replacing Mr. Karl-Axel Waplan who has resigned from the Board. Dr. O'Brien has extensive expertise in early to advanced stage exploration for zinc, copper and gold which will contribute significantly to the further development of Sunridge's Asmara Project in Eritrea. Sunridge Gold would like to thank Mr. Waplan for his contributions to the Sunridge Board.

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 or call Don Halliday at the number listed below.


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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