Cherry Hill Assays Grade as High as 20.2 gpt Gold
Silver Sun Resource Corp. ('Silver Sun? or 'the Company?) is pleased to
announce that assays submitted by Derrick Strickland, P. Geo., on behalf
of Silver Sun for the purpose of the completion of an independent,
43-101 compliant technical report on the Cherry Hill Gold Mine have been
received.
A total of six samples were submitted to Acme Labs for assaying:
Sample CH11-01 that returned a value of 12.4 g/t gold was taken at 400
ft. of the main Q4 level (at the previous face) from banded quartz
vein, 40 cm. parallel to the channel. This is an area of current
production.
Sample CH11-02 that returned a value of 1.71 g/t gold, was taken at
the 340 ft. mark of the main Q4 level from banded quartz vein, 30cm.
parallel to the channel.
Sample CH11-03 that returned a value of 20.2 g/t gold was taken in the
Q4-1 raise, i-drift from banded quartz, 30 cm. parallel to the
channel. This is the Company′s second active working.
Samples CH11-04 to CH11-06 from fault gauge at the 150 ft. to 242 ft.
level of the main Q4 level together with a grab sample from a muck
pile of black slate with euhedral pyrite returned nominal values of
between 0.02 g/t gold and 0.24 g/t gold.
'Deposits such as Cherry Hill that inherently have a "nuggety′ gold
content are difficult to quantify with selective sampling due to the
variable nature of the gold mineralization ? you can have multi-ounce
grades only inches from low grade material. Therefore these independent
assays are important verification of the tenor of gold mineralization at
Cherry Hill. The assays from this independent sampling confirm historic
values as well as internal assays used by the mine as ongoing grade
control?, stated Ian Foreman, P. Geo., the Company′s Qualified Person.
About Silver Sun Resource Corp.
Silver Sun Resource Corp. is a Canadian-based resource company focused
on the acquisition, exploration and development of precious metal
deposits in North America. The Company is in the production stage with
its gold project in Yreka, California and engaged in an on-going work
program on the Zacatecas, Salvador, and Mina San Jose properties located
within the prolific Zacatecas Silver District in Mexico, as well as its
Yoreme Silver Project in the mining district of Alamos, Sonora State,
Mexico. The Company has an experienced management team with a growth
strategy to develop a diversified portfolio of mining projects that can
be taken to production in the near-term. The company's design is to add
shareholder value through efficient exploration, strategic acquisitions
and effective marketing while maintaining a low risk profile through
project diversification and sound financial management.
Ian Foreman, P. Geo, is the Company′s Qualified Person as defined by
National Instrument 43-101, who is responsible for monitoring the
supervision and quality control of Silver Sun′s exploration programs and
who has reviewed and verified the technical information contained in
this news release.
Sample preparation and analysis for the Cherry Hill project is done at
ISO 9001:2008 accredited Acme Analytical Laboratories (Vancouver) Ltd.
All samples are assayed for gold by 30 g fire assay fusion with
Inductively Coupled Plasma - Emission Spectroscopy (ICP-ES) finish.
Silver and 33 additional elements are determined for all samples by Aqua
Regia digestion, followed by ICP-ES and ICP Mass Spectroscopy (ICP-MS)
finish. All over-limit gold (greater than 10 g/t) are re-assayed by 30 g
fire assay fusion with a gravimetric finish.
ON BEHALF OF THE BOARD OF DIRECTORS
'Mark A. McLeary?
President
Forward Looking Statements
This news release contains statements that constitute 'forward
looking information' within the meaning of applicable Canadian
provincial securities legislation ('forward-looking statements').
Forward-looking statements often, but not always, are identified by the
use of words such as 'seek', 'anticipate', 'believe', 'plan',
'estimate', 'expect', 'targeting' and 'intend' and statements that an
event or result 'may', 'will', 'would', 'should', 'could', or 'might'
occur or be achieved and other similar expressions. The description of
the extent of mineralized zones is not intended to imply that any
economically mineable estimate of reserves or resources exists on any of
Silver Sun′s projects.
The forward-looking statements that are contained in this news
release are based on various assumptions and estimates by Silver Sun and
involve a number of risks and uncertainties. As a consequence, actual
results might differ materially from results forecast or suggested in
these forward-looking statements. Forward-looking statements involve
known and unknown risks, uncertainties, assumptions and other factors
that may cause the actual results, performance or achievements of Silver
Sun to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking statements.
Factors that could cause the actual results to differ include; risks
relating to fluctuations in the price of gold; the inherently hazardous
nature of mining-related activities; uncertainties concerningresource
estimates; results of exploration, availability of capital and financing
on acceptable terms, inability to obtain required regulatory approvals,
unanticipated difficulties or costs in any rehabilitation which may be
necessary, market conditions and general business, economic,
competitive, political and social conditions. These statements are based
on a number of assumptions, including assumptions regarding general
market conditions, timing and receipt of regulatory approvals, the
ability of Silver Sun and other relevant parties to satisfy regulatory
requirements, the availability of financing for proposed transactions
and programs on reasonable terms and the ability of third-party service
providers to deliver services in a timely manner. Although Silver Sun
has attempted to identify important factors that could cause actual
results to differ materially from those expressed or implied in
forward-looking statements, there may be other factors which cause
actual results to differ. Forward-looking statements contained herein
are made as of the date of this news release and Silver Sun disclaims
any obligation to update any forward-looking statements, whether as a
result of new information, future events or results or otherwise, except
as required by applicable securities laws. There can be no assurance
that forward-looking 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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Silver Sun Resource Corp.
Mark McLeary, 604-678-2531
mark@silversunresource.com
