Comparison to Nevsun Here are some facts regarding the CURRENT deposits of Nevsun and Sunridge:
Both companies deposits are in Eritrea.
Nevsun SP: $6.68 Market Cap: $1.34B Producer since Feb '11
The Bisha Mine is expected to produce more than 1.14 million ounces of gold, 11.9 million ounces of silver, 821 million pounds of copper, and 1.3 billion pounds of zinc during its initially estimated 13 year mine life. In 2013, the processing plant will be expanded and transition into low cost copper, gold, and silver production.
Sunridge SP: .57 Market Cap: $67M Producing within 3 years?
Total Resource at Sunridge spread over 4 deposits:
• 1.28 billion lbs (580,000 tonnes) copper • 2.5 billion lbs (1,130,000 tonnes) zinc • 1.02 million oz gold • 31.8 million oz silver