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Sunridge Gold Reaches 50% Ownership at the Besakoa Copper-Zinc-Gold Project, Madagascar
Sunridge Gold Corp. (CVE:SGC) completed the initial 5,000 metre diamond drill program on the Besakoa copper/zinc/gold volcanogenic-massive-sulphide project in Madagascar.
Sunridge Gold Corp. (TSXV:SGC) completed the initial 5,000 metre diamond drill program on the Besakoa copper/zinc/gold volcanogenic-massive-sulphide project in Madagascar.
The market news is quoted as saying:
The Besakoa property covers over 60 square kilometres and is located in south central Madagascar and can be accessed by road from the port city of Toliara.
The recently completed drill program tested a number of high-priority VMS-style targets which have been defined by Sunridge personnel using airborne and ground geophysical surveys (electromagnetics, magnetics, gravity and audio-magneto-tellurics) soil geochemical surveys, geological and structural mapping and VMS gossan prospecting. Geologically the property is underlain by Neoproterozoic volcano-sedimentary shield rocks, a geological setting similar to the company’s deposits in Eritrea where Sunridge has been successful in defining large amounts of copper, zinc and gold in a series of VMS deposits.
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