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Sunward announces significant discovery of new gold and copper project at Titiribi
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Monday, 06 Feb 2012
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Sunward Resources Limited announced the discovery of near surface, gold and copper mineralization on the Junta zone of the 100% owned Titiribi project located approximately 70 kilometers southwest of the city of Medellin, Colombia.

The successful drilling at Junta represents the first discovery of significant mineralization outside of the more advanced Cerro Vetas and Chisperos zones, which currently host the entirety of the gold and copper resource at Titiribi.

Discovery hole JT009 intercepted 43.7 meters of mineralization with a weighted average grade of 0.78 grams per tonne gold and 0.41% copper from 9.6 meters to 53.3 meters downhole depth. Significantly, this interval includes a higher grade zone of 15.9 meters averaging 1.39 grams per tonne gold and 0.63% copper from 18.6 meters to 34.5 meters downhole depth.

Mr Colin J Andrew CEO of Sunward said that "This major Junta discovery, which occurred only on the ninth hole into the drilling campaign, turns Titiribi into one of the most significant gold copper districts in the world. While Junta is a completely new mineralization, it is similar in tenor to that observed at the Cerro Vetas zone which hosts a multi million ounce 43-101-compliant resource. The fact that this discovery occurred at such an early stage in the exploration program is particularly rewarding as we look forward to building upon our exploration success at Titiribi."

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