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Sona Signs Agreement With China Machinery Engineering Corporation for Turnkey EPC and Development of the Blackdome-Elizabeth Gold Project

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The terms of the financing, repayment, mine development and production will be set out in a definitive final agreement.

About China Machinery Engineering Corporation

Headquartered in Beijing, CMEC is a member of China National Machinery Industry Corporation ("SinoMach"), a listed Fortune Global 500 enterprise. CMEC began operations in 1978 as China's first large state-owned corporation to integrate engineering contracting and foreign trade with industry. As a leading international engineering contractor and service provider, it has a well-established presence in the EPC industry. It delivers turnkey solutions to its customers, both government and corporate, with a special focus on developing countries. CMEC has ranked among the top 10 overseas contractors in China by completed business volume, as published by the Chinese Ministry of Commerce.

Since its inception, CMEC has undertaken projects in over 45 countries on all five continents. Power, transportation and water treatment and supply form the core of its EPC activities, with over 80 successful engineering contracting projects in the power sector alone. It has also engaged in engineering contracting in other core sectors, such as mining, telecommunications, construction and manufacturing. CMEC has extended its business reach to more than 150 countries and territories in the fields of international contracting and general trade. It successfully went public on December 21, 2012, and trades on the Hong Kong Stock Exchange under the symbol HK1829.

About Sona Resources Corp.

Based in Vancouver, Sona is a junior gold resource company with a focus on bringing its Blackdome-Elizabeth Gold Project into full commercial production. Since its inception in 1990, Sona has engaged in a wide range of mineral exploration activities in Canada, Mexico and the United States, as well as small-scale gold production.

Sona owns a 100 percent interest in the former Blackdome Gold Mine in south-central British Columbia, 250 kilometres north of Vancouver; and the Elizabeth Gold Deposit Property, 30 kilometres south of Blackdome. At Blackdome, the mineral resources are estimated to be 52,500 oz. gold, grading 11.29g Au/t indicated; and 25,900 oz. gold, grading 8.79g Au/t inferred (news release dated May 4, 2010). At Elizabeth, Sona has outlined an inferred gold resource of 206,100 oz. gold, grading 12.3g Au/t (news release dated June 8, 2009).

Sona aims to bring the fully permitted Blackdome mill back into production at an initial rate of 200 tonnes per day, with feed from the formerly producing Blackdome Gold Mine and trucking feed from the Elizabeth Gold Deposit Property. A positive Preliminary Economic Assessment by Micon International Ltd. (news release dated May 28, 2010), at a gold price of $950 per ounce over an eight-year mine life, has estimated costs of $208 per tonne mined, or $686 per ounce of gold recovered, based on approximately 23,500 ounces of gold recovered per year.

Planned underground mining activities at both Blackdome and Elizabeth will be conducted by a combination of shrinkage and long-hole methods, with access via horizontal adits. The Blackdome mine and mill was in production for four years in the late 1980s, and thus the processing technologies and metallurgical recoveries are thoroughly documented. Precious metals are to be recovered at the Blackdome mill via existing gravity and flotation recovery circuits. The expected metallurgical recoveries are approximately 94 percent for gold and 78 percent for silver. Of this, some 60 percent of the precious metals are expected to be recovered from the gravity circuit, with the balance from the flotation circuit. Gold and silver from the gravity recovery will be poured into dore bars on site, while a flotation concentrate will be shipped to a smelter for processing. During the initial stages of operation, Sona will closely follow the mining plan developed by Micon.

Sona also holds a 100 percent interest in the Montgolfier Project in Quebec, 40 kilometres east of the multimillion-ounce Casa Berardi Mine gold deposit.

Mineral resources that are not mineral reserves do not have demonstrated economic viability.

This news release contains certain forward-looking statements, and such statements involve risks and uncertainties. The results or events predicted may differ materially from actual results or events. Any forward-looking statement speaks only as of the date of this news release. Except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results, or any other occurrence.

For more information, visit www.sonaresources.com.

Neither the 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.



Contacts:
Sona Resources Corp.
+1 (604) 684-6677
+1 (604) 684-6678 (FAX)
info@sonaresources.com
www.sonaresources.com

Marston Webb International
Victor Webb
Media Inquiries
+1 (212) 684-6601
+1 (212) 725-4709 (FAX)

Marston Webb International
Madlene Olson
Media Inquiries
+1 (212) 684-6601
+1 (212) 725-4709 (FAX)
marwebint@cs.com





Source: Marketwire


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