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2009 Drill Program Tests Gold Targets at Bear Lodge

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  Published in Business and Finance on Thursday, December 3rd 2009 at 6:21 GMT by Market Wire
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 ------------------------------------------------------------------------- Hole No. Target From (m) To (m) Interval (m) Gold (g/t) ------------------------------------------------------------------------- ------------------------------------------------------------------------- SUN-041 Smith 83 145 62 0.70 ------------------------------------------------------------------------- SUN-042 Smith 178 216 38 0.72 ------------------------------------------------------------------------- SUN-043 Smith 142 218 76 0.85 ------------------------------------------------------------------------- SUN-044 Smith 138 194 56 1.05 ------------------------------------------------------------------------- SUN-049 Smith 239 283 44 1.24 ------------------------------------------------------------------------- 

 - Drill-hole S-33 - 4.5 m @ 8.0 g/t Au (15 ft @ 0.23 opt) - Drill-hole S-34 - 3 m @ 5.7 g/t Au (10 ft @ 0.17 opt) plus 4.5 m @ 11.0 g/t Au (15 ft @ 0.32 opt) - Drill-hole S-35 - 1.5 m @ 33.9 g/t Au (5 ft @ 0.991 opt) within 9 m @ 5.7 g/t Au (30 ft @ 0.17 opt) - Drill-hole S-60 - 1.5 m @ 10.3 g/t Au (5 ft @ 0.30 opt) - Drill-hole S-81 - 6 m @ 5.8 g/t Au (20 ft @ 0.17 opt) - Drill-hole S-84 - 3 mt @ 4.8 g/t Au (10 ft. @ 0.14 opt) - Drill-hole SU 96-4 - 4.5 m @ 4.7 g/t Au (15 ft. @ 0.14 opt) 

 * This historical resource estimate is mentioned as part of the historical record for the Smith target and was prepared before the introduction of NI 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). Investors are cautioned that a qualified person has not completed sufficient work to classify the historical estimate as a current mineral resource. Neither the Company nor its personnel treat these data as defining a current mineral resource as defined under NI 43-101, nor do they rely upon them for evaluation purposes; however, these data are used to guide exploration as the Company develops data to confirm their validity and to support a current mineral resource estimate in accordance with the requirements of NI 43-101. 

 ON BEHALF OF THE BOARD Donald E Ranta, PhD, PGeo, President & CEO 

 Table 1 Significant gold intercepts from the 2009 Sundance drill program ------------------------------------------------------------------------ ------------------------------------------------------------------------- Intercepts ---------- greater than 20ft 2009 Drill Holes ----------------- and greater than 0.40 --------------------- g/t Au ------ Average Highest Gold Assay Grade in Total Hole of Hole, Len- Len- Grade, Hole Depth Orient- Hole, g/t From To gth gth g/t Number ft Target Name ation g/t Au Au ft ft ft m Au ------------------------------------------------------------------------- SUN-040 500 Smith NW S30W, -45 0.25 2.09 40 65 25 7.6 0.86 340 390 50 15.2 0.54 SUN-041 500 Smith NW S45W, -45 0.44 1.28 140 245 100 30.5 0.42 275 480 205 62.5 0.70 SUN-042 755 Smith West S60W, -45 0.31 1.49 385 470 85 25.9 0.43 BX 545 565 25 7.6 0.49 585 715 125 38.1 0.72 SUN-043 720 Smith East due S, -67 0.46 1.95 470 720 250 76.2 0.85 BX SUN-044 989 Smith East S35W, -74 0.31 4.26 455 640 185 56.4 1.05 BX 670 695 25 7.6 0.61 915 935 20 6.1 0.69 965 985 20 6.1 0.41 SUN-045 520 Smith North due E, -45 0.19 1.93 220 245 25 7.6 0.78 375 400 25 7.6 0.76 SUN-046 1450 Smith Deep due N, -70 0.08 1.45 155 195 40 12.2 0.60 SUN-047 600 State Section S20E, -45 0.09 1.97 360 380 20 6.1 0.73 SUN-048 720 State Section S20E, -45 0.08 0.29 SUN-049 1249 Smith East S35W, -70 0.32 3.64 170 190 20 6.1 1.14 BX 620 642 22 6.7 0.44 791 935 144 43.9 1.24 SUN-050 740 Smith South S45W, -45 0.04 0.22 SUN-051 760 Taylor S40E, -45 0.23 1.52 5 25 20 6.1 0.50 55 100 45 13.7 0.47 120 140 20 6.1 0.42 170 190 20 6.1 0.67 250 290 40 12.2 0.71 SUN-052 620 Carbon SE - N45W, -45 0.11 0.98 ENE SUN-053 650 Carbon SE - S40E, -45 0.08 0.30 ENE SUN-054 520 Carbon SE - N45W, -45 0.10 0.34 ENE SUN-055 650 Taylor N60E, -45 0.08 0.30 SUN-056 700 Taylor S35E, -45 0.13 0.61 SUN-057 650 Carbon N20W, -45 0.09 0.55 ------------------------------------------------------------------------ ------------------------------------------------------------------------ Figure 1. Sundance targets with 2009 drill-hole locations. ---------------------------------------------------------- To see Figure 1, please see URL below: [ http://files.newswire.ca/675/Figure1-Sundance-2009.doc ]