Sunrise Res Share News (SRES)

(Sharecast News) - Sunrise Resources announced positive results from expansion testing of perlite samples from the new discovery areas on its NewPerl Project on Thursday.The AIM-traded firm said expandability testing indicated that the majority of October's reconnaissance samples were suitable for production of horticultural grade perlite.It said the project could now move rapidly to drilling and bulk sampling, and commercial scale testing.For future permitting reasons, it explained that the NewPerl Project area was now split into a new northern area, dubbed the Jackson Wash Project, with the original southern area to continue to be known as the NewPerl Project."This is further good news from the NewPerl exploration areas," said Sunrise Resources executive chairman Patrick Cheetham."Our work and project expenditure will remain firmly focused on developing the CS Project in 2019 but we now have sufficient confidence in the quality of the perlite on the NewPerl claims to consider this as future feed to the CS Project and to plan for drilling, bulk sampling and commercial-scale testing."[These are] the next steps in the evaluation of these large areas of high quality perlite."