Sunridge Gold Corp.

Sunridge Gold Corp.

March 16, 2005 08:15 ET

Sunridge Reports Discovery of High-Grade Zinc Zone and New Supergene Copper Zone at Adi Nefas Gossan, Asmara Project, Eritrea


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: SUNRIDGE GOLD CORP.

TSX VENTURE SYMBOL: SGC

MARCH 16, 2005 - 08:15 ET

Sunridge Reports Discovery of High-Grade Zinc Zone and
New Supergene Copper Zone at Adi Nefas Gossan, Asmara
Project, Eritrea

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 16, 2005) - Sunridge
Gold Corporation ("Sunridge") (TSX VENTURE:SGC) is pleased to announce
assay results from two very significant drill holes from the Adi Nefas
Gossan area. These are the first two of an initial six drill holes
designed to test geophysical targets on the Adi Nefas Gossan area, part
of the Asmara Project in Eritrea. One drill hole intersected higher
grade zinc values than has previously been recognized on the property. A
second drill hole intersected a previously unknown copper supergene zone
that also shows particularly high gold values. The Adi Nefas Gossan area
is one of a number of volcanogenic massive-sulphide (VMS) occurrences
within the Asmara Project and is located approximately 40 kilometres
north of the high-grade Debarwa copper-gold VMS deposit.

President Mike Hopley states, "These results confirm the existence of a
second zone of VMS-style high-grade gold, copper and zinc on the Asmara
Project. This discovery is very encouraging for the further planned
exploration of the Adi Nefas area."



Adi Nefas Gossan - Gold, Silver, Copper and Zinc Drill Assays

--------------------------------------------------------------------
Azi-
Dip muth Inter-
Hole Deg- Deg- From To val Gold Silver Copper Zinc
ID ree ree metres metres metres g/t g/t % %
--------------------------------------------------------------------
NG-003-RD 60 285 63.5 72.00 8.50 3.94 108.44 1.50 22.81
--------------------------------------------------------------------
NG-005-RD 60 285 48.00 59.00 11.00 9.14 247.37 4.63 1.36
--------------------------------------------------------------------
Including 51.00 58.00 7.00 13.19 345.54 6.34 0.48
--------------------------------------------------------------------


Previous work at the Adi Nefas Gossan, including limited drilling by
previous operators, have shown the occurrence to be a typical VMS
deposit about 700 metres in strike length with strong zinc and gold
mineralization but relatively low copper values and therefore no
development of a high-grade copper supergene zone. Drill hole NG-003-RD
was designed to test a coincident gravity, electromagnetic and IP
geophysical anomaly and the results showed much higher levels of zinc
mineralization, up to 29.50% over 1.30 meters, than has been seen in
previous work. Drill hole NG-005-RD was located 80 metres south along
strike from NG-003-RD to test the southern extension of the geophysical
anomaly. This hole intersected the first known occurrence of supergene
copper mineralization between 48 and 59 metres with copper values up to
9.50% and gold values up to 33.28 g/t over 1 metre intervals.

Results from the remaining 4 drill holes are expected later this month.
The geophysical anomaly that was the target of this drilling is open
along strike to both the north and south. Further drilling is planned as
soon as possible.

In addition to drilling at Adi Nefas, 6 drill holes were completed by
Sunridge and Sub-Sahara at the Gupo Gold deposit, a structurally
controlled zone of lower-grade but potentially surface mineable gold
mineralization located about 1 kilometres south of Adi Nefas Gossan.
Results from the first four holes were reported in NR2005-03 on January
19th, 2005. The most significant intervals in the last two holes are as
follows:



Gupo Gold - Selected Significant Gold Drill Intersections

----------------------------------------------------------
Hole Dip Azimuth From To Interval Gold
ID Degree Degree metres metres metres g/t
----------------------------------------------------------
GG-006-RD 60 285 54.00 58.00 4.00 0.95
----------------------------------------------------------
GG-007-RD 60 285 66.00 68.00 2.00 4.03
----------------------------------------------------------


More drilling is planned at Gupo Gold to better define this near surface
gold mineralization that has been traced over approximately a 2.5
kilometres strike length.

Notes:

1. As there is insufficient data to calculate true widths, drill
intercept lengths only are reported.

2. Drillhole designation ending in "RD" are those started with
reverse-circulation and completed with diamond drilling.

3. A Quality Assurance/Quality Control program is part of the drilling
program on the Asmara Project. This program includes chain of custody
protocol as well as systematic submittals of standards, duplicates and
blank samples into the flow of samples produced by the drilling.

4. A description of the geology, sampling procedures, and the Company's
laboratory Quality Assurance / Quality Control procedures are as
described in the Company's National Instrument 43-101 Technical Report
filed on February 17, 2004 and amended by the Amended Technical Report
filed dated April 27, 2004. This report is available at www.sedar.com.

5. Samples are prepared at African Horn Testing Services (Eritrea) and
analyzed at Genalysis Laboratories (a NATA registered laboratory) in
Perth, Western Australia.

6. 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.

Michael Hopley, President and Chief Executive Officer

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Sunridge Gold Corp.
    Don Halliday
    (604) 899-1505 (direct)
    don@sunridgegold.com
    www.sunridgegold.com
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.