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UPDATE: Sunridge Gold Provides 2013 Outlook on Asmara Project; Stock Opens Up 6%

Sunridge Gold Corp. (SGC.V) said its primary focus for early 2013 is to complete the feasibility study and apply for a mining license on the four mineral deposits that make up the Asmara Project in Eritrea.

The company also plans to continue exploration work on its fifth deposit the Adi Rassi copper-gold deposit where initial resources were announced on December 4, 2012 as well as to conduct exploration work on additional targets on the Asmara Project.

SGC started the session more than 6% at 25 cents, trading near year low $0.185.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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