DENVER--(BUSINESS WIRE)--Aug. 23, 1999--
SUN RIVER MINING, INC. (OTC BB: SUNR), announces the successful completion of the reverse circulation rotary drilling program at the Clavo Rico Project, Honduras.
Sun River geological personnel initiated the drilling program on August 2, 1999, and completed the planned drilling effort on August 13, 1999. The drilling was conducted by RR Perforaciones of Tegucigalpa, Honduras, and consisted of a total of 1,286 feet in twelve drill holes.
The primary focus of the program was on testing the bulk oxide gold potential in the mineralized shear zone. Drilling completed included several penetrations of the main Clavo Rico Shear Zone, as well as a preliminary drill test of the recently identified north extension.
Early assay results have been received and the balance of drill and surface samples is presently in progress. Company personnel have returned from Honduras and are working with the assay data as it becomes available. The resource analysis and economic evaluation is expected to be completed well ahead of the option exercise date of September 7, 1999.
For additional information regarding Sun River, see the Company's web site at www.sunrivermining.com (in revision, full update expected by September 1, 1999).
ON BEHALF OF THE BOARD OF DIRECTORS
Steven R. Davis President & CEO
Sun River Mining, Inc. 350 Indiana St., Suite 800 Golden, CO 80401 Tele: (303) 384-3415
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CONTACT: Sun River Mining, Inc.
Steven R. Davis, 303/674-3071
E-mail: geosrdavis@att.net
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