Recorded October 8, 2015 in Vancouver, Canada Sunridge Gold Corp. is currently developing the copper-zinc-gold Asmara project in Eritrea, East Africa. Successful exploration has defined six NI 43-101 deposits to date. A feasibility study completed in 2013 on the four advanced projects at the Asmara project demonstrated very strong economics, including an NPV (10%) of $692M and IRR of 34%. On October 19, 2015, Sunridge announced that the Eritrean Ministry of Energy and Mines had awarded three mining licenses to the Asmara Mining Share Company ("AMSC"), a joint-venture company of which Sunridge owns 60% and the Eritrean National Mining Corporation owns 40%. The company will begin Phase 1a Direct Shipping Ore mining (averaging 16% copper) in 2016, which will provide an injection of cash into the project. Once full production is achieved, the operation will average 65 Mlb copper and 184 Mlb zinc/year, with significant gold and silver credits. Exploration potential remains on the project, including two defined “Pipeline Deposits” and numerous high-priority targets. The Asmara project has government participation from the Eritrean National Mining Corporation. www.sunridgegold.com Cautionary Note Regarding Forward Looking Statements: This presentation includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including without limitation statements regarding potential mineralization and resources, exploration results, and future plans and objectives of Sunridge are forward-looking statements that involve various degrees of risks and uncertainties. Any mineral resource estimates contained herein are only estimates and no assurance can be given that any particular level of recovery of minerals will be realized or that an identified resource will ever qualify as a commercially mineable or viable deposit which can be legally and economically exploited. In addition, the grade of mineralization ultimately mined may differ from the one indicated by the drilling results and the difference may be material. Any estimated resources described herein should not be interpreted as assurances of mine life or of the profitability of future operations. There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Sunridge's expectations include, among others, risks related to the worldwide price of mineral commodities, the actual results of current exploration activities, unexpected delays in project development, conclusions of economic evaluations, changes in market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, uncertainty of future profitability and the uncertainty of access to capital. Although Sunridge has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Sunridge does not assume any obligation to revise or update any forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events, except as may be required pursuant to applicable securities laws. Technical Disclosure This presentation includes disclosure of scientific and technical information, as well as information in relation to the estimation of mineral resources and reserves with respect to Sunridge's mineral properties. Certain information in this presentation is summarized from various technical reports filed on the SEDAR website under Sunridge's profile at www.sedar.com. The technical reports should be consulted for further information. Sunridge's disclosure of mineral reserve and resource information is governed by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects ("NI 43-101") under the guidelines set out in the Canadian Institute of Mining, Metallurgy and Petroleum (the "CIM") Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as may be amended from time to time by the CIM. The technical contents of this presentation has been reviewed and approved by Michael J. Hopley, CPG, President and CEO of Sunridge, who is a "qualified person" within the meaning of NI 43-101.

• published: 29 Oct 2015
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