Sunridge Gold Corp.

Sunridge Gold Corp.

January 25, 2010 08:30 ET

Sunridge Gold and Antofagasta Minerals Commence Drilling at Daero Paulos, Part of the Asmara Project, Eritrea

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 25, 2010) - Sunridge Gold Corp. (TSX VENTURE:SGC) is pleased to announce that an initial 2,000 meter phase one drill program has commenced at Daero Paulos, a large new copper prospect on the Asmara Project, Eritrea. The Daero Paulos target is part of the exploration funding agreement with Antofagasta Minerals S.A. which was completed on October 2, 2009.

Daero Paulos is a large area of intense alteration measuring approximately 500 meters wide and 2.5 kilometers long, that has recently been subject to detailed geological mapping by Antofagasta and Sunridge geologists. The target has not been previously drilled and is located about 10 kilometers southwest of the capital city of Asmara with good access by asphalt and dirt roads. It is the first target to be drilled under the Sunridge/Antofagasta joint exploration agreement in which Sunridge is the operator.

Detailed mapping has shown Daero Paulos to be a broad area of strong sericite and kaolinite alteration associated with intense quartz stockwork veining. The prospect has been further defined by stream and soil geochemistry surveys which show elevated copper values coincident with parts of the mapped areas of alteration.

An initial six diamond drill holes with average depths of approximately 300 meters for a total of 2,000 meters is planned for Daero Paulus. It is anticipated that this program would be significantly expanded if some of these holes intersect significant copper mineralization.


Sunridge is a mineral exploration and development company focused on the acquisition, exploration, discovery and development of base and precious metal projects on the Asmara Project in Eritrea and exploration properties in Madagascar.

Sunridge has approximately 76 million shares outstanding and approximately $7 million in cash. Sunridge 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 or Greg Davis at the numbers listed below.

"Michael Hopley"
Michael Hopley, President and Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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