Sunset Cove Mining Inc.

November 30, 2010 10:37 ET

Sunset Cove Announces Geophysical Survey Results on Its Carolay Property and the Preparation of an Exploratory Diamond-Drilling Program

MONTREAL, QUEBEC--(Marketwire - Nov. 30, 2010) - Sunset Cove Mining Inc. ("Sunset Cove", or the "Company") is pleased to announce that the final report from VDG Del Peru SAC, a professional geophysical contractor from Peru ("VDG") who completed ground magnetic (MAG), gamma spectrometry (SPECTRO) and induced polarization (I.P.) surveys on the Company's Carolay Polymetallic Silver Property located in the province of La Libertad in Peru (the "Carolay Property"), has been received.

The most significant results of this survey is the presence of two (2) strong I.P. anomalies related with the Carolay vein, a known mineralized structure observed on the field. Both anomalies show potential for major extensions since they are not closed at either end (sampling verification was done by Geologica Groupe-Conseil--the authors of the National Instrument 43-101 compliant Technical Report on the Carolay Property, filed on on November 4, 2010 under the profile of Numine Resources Ltd.--along the Carolay vein has confirmed results obtained by previous campaigns with indicated silver values varying from 35 to 844 g/T, zinc values from 0,211% to 3,68%, lead values from 0,0349% to 3,10% and copper values from 0,0147% to 0,36%).

In the report, VDG mentions that the Carolay vein, which is partially exposed along a strike length of 150 meters by a drift and two sublevels, corresponds to a chargeability anomaly (IP-1) that extends over 1 kilometer remains open towards the north-west. The chargeability anomaly has an average width of 200 meters along the survey lines indicating disseminated sulfides in foot and hanging walls and higher sulfides concentration in the center of the anomaly with higher chargeability values.

The second chargeability anomaly (IP-2), which is located to the southeast of the Carolay vein, is described as the strongest chargeability anomaly of the current survey. It extends over 600 meters and remains open at the southeast end. From the amplitude of the chargeability response, VDG concludes that the sulfide content associated with this anomaly is higher. Both anomalies (IP-1 & IP-2) are connected. VDG is recommending the testing of both chargeability anomalies by trenching and/or drilling.

Management of Sunset Cove is very pleased with the results and has already initiated the preparation of a reconnaissance-drilling program covering both IP-1 and IP-2 anomalies. The objective of this drilling program will be to confirm the Carolay vein's surrounding geological context and to evaluate the potential for resources built-up. The first phase of the diamond-drilling program is planned for 5,000 meters and is expected to start by mid December 2010. The processes for obtaining the necessary permits have already been initiated and the required agreements with surrounding communities have already been obtained.

The MAG and SPECTRO surveys covered most of the Carolay property and where initiated in mid April 2010. Those two surveys have covered 246 line-Km using 75 m spacing between lines and with readings every 5 meters for the MAG and reading measurements every 1.0 second along the survey lines for the SPECTRO (also static mode with sampling interval of 30.0 seconds every 50 meters). The I.P. survey, initiated during the second half of June 2010, was completed in surroundings of known mineralized structures. The electrode configuration was Pole-Dipole with an acquisition sequence of 11 points every 50 meters, and an expanding dipole length of 50m, 100m, and 150 m. The estimated depth of penetration was between 26.0 and 197.7 meters below the surface (according to Edwards' Median Depth of Investigation).

Mr. Alain Blais P.Geo., Vice-President Geology is the Qualified Person for Sunset Cove Mining Inc., as defined by National Instrument 43-101. Mr. Alain Blais is also responsible for ensuring that the geological information contained in this news release is accurate.

Sunset Cove and Numine Resources Ltd. ("Numine"), a Capital Pool Company who's common shares are listed for trading on the TSX Venture Exchange (the "Exchange"), have signed a definitive agreement to complete Numine's "Qualifying Transaction" (as that term is defined by the policies of the Exchange) which will result in shareholders of Sunset Cove receiving publicly traded shares of the resulting issuer in exchange for their shares of Sunset Cove upon completion of the transaction. This transaction is described in detail in Numine's Filing Statement, filed under Numine's profile on on November 19, 2010. An interim report covering the MAG and SPECTRO survey of the south portion of Carolay Property is available within Numine's 43-101 technical report on SEDAR.

About Sunset Cove

Sunset Cove is a private mineral exploration company incorporated in Canada that seeks to increase shareholder value through the acquisition, exploration and advancement of potentially large-scale precious metals and copper properties. Its principal property is the Carolay Polymetallic Silver Property, located in Peru.

Completion of the Qualifying Transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange requirements, majority of the minority shareholder approval. Where applicable, the Qualifying Transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the Qualifying Transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Qualifying Transaction, any information released or received with respect to the Qualifying Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

Forward-Looking Statements

Results presented in this press release are exploratory in nature. Historical data, if mentioned, should not be relied upon, as they are not admissible under NI 43-101 rules and the Company has not conducted sufficient testing to verify this type of information. In addition, this press release includes certain forward-looking statements within the meaning of Canadian securities laws that are based on expectations, estimates and projections as of the date of this press release. There can be no assurance that such statements will prove accurate, and actual results and developments are likely to differ, in some case materially, from those expressed or implied by the forward-looking statements contained in this press release. Readers of this press release are cautioned not to place undue reliance on any such forward-looking statements.

Forward-looking statements contained in this press release are based on a number of assumptions that may prove to be incorrect, including, but not limited to: timely implementation of anticipated drilling and exploration programs; the successful completion of new development projects, planned expansions or other projects within the timelines anticipated and at anticipated production levels; the accuracy of reserve and resource estimates, grades, mine life and cash cost estimates; whether mineral resources can be developed; title to mineral properties; financing requirements, general market conditions, and the uncertainty of access to additional capital; changes in the world-wide price of mineral commodities; general economic conditions; and changes in laws, rules and regulations applicable to the Company. In addition to being subject to a number of assumptions, forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to be materially different from those expressed or implied by such forward-looking statements. The Company has no intention or obligation to update the forward-looking statements contained in this press release.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Transaction and has neither approved nor disapproved of the contents of this press release.

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