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Pin to quick picksSunrise Res Share News (SRES)

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Sunrise Resources makes progress with various projects

Wed, 24th Apr 2019 16:07

(Sharecast News) - Sunrise Resources updated the market on some of its projects on Wednesday, saying that at the CS Pozzolan-Perlite Project, the latest testwork showed "promise" for the production of premium-value super-coarse horticultural grades of perlite.The AIM-traded firm said it saw "positive" results from concrete trials by a second large cement and ready-mix company, using its natural pozzolan, with an additional programme of bulk sampling now completed.From that, a seven-ton perlite sample was submitted for crushing and screening to confirm the mobile plant design.An 18-ton pozzolan sample was also sent to a custom milling facility, to provide information on grinding characteristics and to provide larger ground samples for additional customer trials.Finally, a 100-ton sample of perlite was extracted for further processing and customer testing.On the permitting front, a plan of operation and reclamation permit application for the production of pozzolan and perlite was set to be submitted this month.The firm said its emissions inventory was nearing completion, for the Federal Environmental Assessment and State Air Quality Permit application.It explained that the latest estimates suggested that completion of permitting would be delayed "slightly" to the fourth quarter, following procedural changes by the regulator.A suitable water source had been identified, with water rights and development rights of way applications now submitted.Sunrise Resources said market opportunities for natural pozzolan were "increasing", as fly ash shortages continued.Closure of the Navajo generating station would take 500,000 tons per year of fly ash from the western US market.At the NewPerl Perlite Project in Nevada, the company said positive perlite expansion testwork had been completed on samples collected from NewPerl and Jackson Wash.It said a notice level permit application had been submitted for drilling and bulk sampling.Finally, at the County Line Diatomite Project - also in Nevada - the board reported an approach from a potential diatomite customer, with samples collected and submitted for manufacturing tests."I am pleased to provide this detailed update on our progress with permitting and market development testwork as we continue to prove the value of our natural pozzolan and perlite with future customers," said chairman Patrick Cheetham."Gaining market acceptance is a long process for industrial minerals such as perlite and pozzolan but I am pleased with our progress and market developments mean both products are increasingly in demand."I am also pleased to be reporting positive developments on our NewPerl Perlite and new interest in our County Line Diatomite Project."
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24 Jan 2024 11:06

IN BRIEF: Sunrise annual loss narrows on lower costs; posts no revenue

Sunrise Resources PLC - Cheshire, England-based company focused on industrial mineral projects in Nevada - Says pretax loss narrowed to GBP391,291 in the year ended September 30, from GBP478,223 the year before. Pre-licence exploration costs fell 33% to GBP3,753 from GBP5,638. Does not report revenue for the financial year, unchanged from the previous year.

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Sunrise Resources grants year-long option extension to Tolsa

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Sunrise reports positive findings of US cement market study

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15 Sep 2023 11:30

IN BRIEF: Sunrise eyes rise in US cementitious material consumption

Sunrise Resources PLC on Friday - Cheshire, England-based company focused on industrial mineral projects in Nevada - Says it expects US consumption of supplementary cementitious materials to rise by 10% per year to 154 million tonnes by 2030 from 129 million in 2021, following a market study to examine cement markets in the states of California and Nevada. Eyes output of natural pozzolan to increase substantially in California and Nevada.

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IN BRIEF: Sunrise Resources says definition drilling at Pioche underway

Sunrise Resources PLC - Cheshire, England-based company focused on industrial mineral projects in Nevada - Says resource definition drilling is underway at its Pioche sepiolite project. Says programme is set to drill 24 holes at an average depth of approximately 50 feet. Adds sepiolite producer and subsidiary of Spain-based Tolsa SA, Tolsa USA, has the option to purchase the Pioche project for USD1.3 million no later than December 28. Sunrise Resources would retain 3% revenue royalty on production from the project area should Tolsa purchase the Pioche project.

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Sunrise Resources follows up on surprisingly high zinc at Nevada asset

(Alliance News) - Sunrise Resources PLC on Thursday said it revisited its high grade zinc sample site at its Reese Ridge project in Nevada, US, after previously recording 15.9% of high-grade zinc content.

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12 Jun 2023 13:27

Sunrise Resources asset receives US drilling approvals ahead of sale

(Alliance News) - Sunrise Resources PLC on Monday said Tolsa USA Inc received approvals from the US Bureau of Land Management for its planned resource definition drill programme.

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