Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi Mr Dubliner once again did I say I had news to Dangle such as Carrots.
I’ve never dangled news or carrots on this BB only facts and research.
On my name which is Mineralex stands for.
Mineral Expert. ( For 55 Years)
I have stored drill cores for drilling companies for years.
That’s not a dangle that fact.
Min
I think the Big Forward on the Share price starts today.
https://www.thebusinessdesk.com/northwest/news/2071320-city-round-up-sunrise-resources-built-for-athletes
Today I have re examined the Drill Samples Pics that PC put out even more closely with a drilling friend of mine, and in my opinion the.
“Quartz Vein, As PC Quoted Is Massive” and don’t forget that it was intersected only 80 to 90 meters down the drill hole. So any one wanting to mine this can do so very easily.
I also understand that the turnaround time for drill samples from Reno at the moment is about 5 Weeks, so I would expect with fingers crossed our drill news back within the next 5 to 10 days.
IM0.
I’m Not Being Rude But I Think It Would Be Best To Give All The Shareholders A Chance To See These First Instead Of Filling The BB Up With Other Posts Which Won't Give Them Chance To See.
Thank You All So Much.
Mini
Well I Think We Can All Say Now.
This Must Be The Early Icing On Our Sunrise Shares.
Pot stocks pop ahead of U.S., UN votes on cannabis legalization
By Jeremy C. Owens
marketwatch.com — Cannabis Watch Published: Nov. 30, 2020 at 3:09 p.m. ET Postelection run for beleaguered Canadian cannabis stocks like Aurora, Sundial continues ahead of decisions about removing bans on the drug Activists advocated for federal marijuana reform last year in Washington, D.C., where the U.S. House is expected to vote on decriminalizing the drug federally this week.
Cannabis stocks surge after Trump administration sets formal transition in motion
EDT
Shares of cannabis companies rallied Tuesday, after the Trump administration made its first move late Monday to accept Joe Biden as president-elect by saying it was ready to begin the formal transition process. The ETFMG Alternative Harvest ETF (MJ) surged 6.1% in premarket trading. It had shot up nearly 20% in the days following the election, on expectations Joe Biden will push for cannabis reform, then pulled back as President Trump continued to dispute the results. Among the more-active cannabis stocks in the premarket, the U.S.-listed shares of Aurora Cannabis Inc. (ACB) soared 29.5%, Tilray Inc. (TLRY) shot up 19.2%, Canopy Growth Corp. (CGC) climbed 7.6% and Cronos Group Inc. (CRON) ran up 10.4%. The MJ ETF has rallied 26.5% so far this month through Monday, while the S&P 500 (^GSPC) has advanced 9.4%.
Follow it through to the end I think it makes good reading.
https://www.google.co.uk/amp/s/kalkinemedia.com/uk/amp/stocks/metals-and-mining/sunrise-resources-cs-project-to-commence-production-in-spring-2021
Fully agree with your comments Roders .
Our drill cores samples arrived at the Assay Office in Reno, 9th November.
S. R. minerals Office is based in Reno.
There are no more drill holes to be done or any more money spent on Clayton, following the drill results .
Min
This is the Full Concept Study carried out in 2017, which cost PC a fortune, and is 32 pages long.
https://www.sunriseresourcesplc.com/downloads/cs-project-concept-study-extract.pdf
PC doesn’t use that word lightly ...
It’s all in the book of RNS reporting rules.
https://www.sunriseresourcesplc.com/clayton-silver-project-nevada
The above 2 words are what PC said in the RNS and of which the drillers encountered during the drilling.
He also said “They Hit The Target Zone”.
So as an old timer in this job I’m more than looking forward to the Assay Results.
On the back of the RNS I bought another 3 plus million and they all showed up as red sells...
Strange !
This is a continuation of the last page.
Hydrothermal Alteration, hite, hessite (Ag2Te), base metal sulfides, chlorargyrite, and iron tellurite minerals. The geochemical signature includes high concentrations of copper, molybdenum, lead, tellurium, and zinc. Deposits of the California Comstock belt consist of stockwork vein zones and 1-3 m thick veins which contain pseudomorphs of quartz after bladed calcite. Vein samples contain quartz, adularia, bladed calcite, electrum, acanthite with up to 4 weight percent selenium, and minor hessite, chalcopyrite, and galena, and exhibit high concentrations of mercury and selenium. Volcanic rocks and silver-gold deposits of the Patterson mining district belong to a small suite of ~7-5 Ma volcanic fields and low-sulfidation epithermal deposits in the Walker Lane. Volcanic rocks and low-sulfidation epithermal deposits of similar age to those in the Patterson district occur in the Como, Gilbert, Pine Nut, and Silver Peak districts. All of these volcanic rocks and precious metal deposits formed south of the southern edge of the subducting Farallon plate. In addition to the Patterson district, telluride minerals occur in other Walker Lane reported in precious metal deposits including veins in the Bodie, Bullfrog, Olingshouse, and Wahmonie districts. Future work in the Patterson district could include more detailed structural mapping, dates of emplacement of deposits of the Cameron and California Comstock belts, Re-Os dating of molybdenite in a proposed porphyry Mo system, identification of gold minerals in the Cameron belt, and determination of dD and d18O values of gangue minerals in the Clinton belt deposits to determine if there was magmatic input in the system. Future work in the Walker Lane could include a more thorough investigation of low-sulfidation epithermal deposits which contain telluride minerals. Identifying the tectonic controls on telluride-bearing precious metal deposits in the western andesite assemblage could help understanding of Au-Ag-Te deposits worldwide.
Now you can find out what that means .
Tertiary Volcanic Rocks, Hydrothermal Alteration, and Epithermal Precious Metal Deposits of the Patterson Mining District, Sweetwater Mountains, Mono County, California and Lyon County, Nevada
Abstract
The Sweetwater Mountains (Mono County, California and Lyon County, Nevada) contain a basement complex of felsic plutons of the Sierra Nevada batholith and overlying roof pendants and septa of metasedimentary and metavolcanic rocks that are unconformably overlain by Miocene-Pliocene volcanic rocks and Tertiary-Recent surficial deposits. The mountain range is situated in the Walker Lane, a zone of transtension and shear deformation that accommodates the transition of the Pacific-North American plate margin from a convergent margin to the north to a strike-slip margin to the south. Volcanic rocks of the Sweetwater Mountains belong to the western andesite assemblage, a subduction-related continental margin arc that erupted mostly within the Walker Lane in the southern part of the arc, forming the ancestral Cascade Mountains. The western andesite assemblage hosts both low-sulfidation and high-sulfidation epithermal mineral deposits related to ancestral Cascades volcanic activity.The Patterson mining district in the Sweetwater Mountains produced 4.5 Moz. of silver, 3,000 oz. of gold, and 35,000 lb. of copper during the 1880s-1940s from low-sulfidation epithermal silver-gold deposits that occur in veins and silicified breccias, mostly in Tertiary volcanic rocks. Goals of this study included producing a geologic map of the district and determining time-space relationships between volcanism and hydrothermal activity. The spatial and temporal relationships between Tertiary volcanism and hydrothermal mineral assemblages in alteration zones and precious metal deposits in the Patterson district were established by determining stratigraphy, structure, mineralogy, and ages of Tertiary volcanic rocks, silver-gold deposits, and zones of hydrothermal alteration. A geologic map and map of hydrothermal mineral assemblages of the district were produced. Tertiary volcanic rocks are high-K calc-alkaline and include small volume andesite flows, more voluminous dacite and rhyolite flows and domes, and associated tuffs, mudflows, volcaniclastic breccias, and block and ash flow deposits. Rhyolite and dacite units of the Sweetwater volcanic field, a late Miocene-early Pliocene felsic eruptive center, are ~6.6-5.3 Ma, based on dates of igneous minerals. Precious metal deposits and alteration zones formed during or after the later stages of felsic volcanism, based on dates of adularia and alunite that are ~5.6-5.1 Ma. Altered rocks and mineral deposits form three north-to-northeast trending zones which are interpreted to be high angle fault zones. Groups of precious metal deposits that form in these north-trending zones were named the Cameron belt, the Clinton belt, and the California Comstock belt by miners in the 1800s. These mi
Good Morning Roders.
These were these were the findings from the historic drilling’s which at that time was a recorded fact by the then drilling team.
However just to try and clear your thoughts on this Gold and Silver are recorded in different ways eg.
The Silver is per ton of material mined and in this holes case it was (4.8 ounces/ per ton) which in the mining industry is a bonanza result , and that’s why PC must have been very excited to try and replicate that hole with a diamond core drill.
As regards Gold for easy reckoning that’s marked out of 10, and the historic results were about 4.
As regards PC comments “The core recovery was very poor” obviously all he had to was a sludgy looking core sample and so couldn’t evaluate by looking at it how good it was.
In my opinion what he or the drilling guys saw was good enough for PC to send it off to be evaluated.
I Agee with some of you PC was being to honest by telling you to much about the core they recovered and should just have said “Well we completed drilling the hole and it’s gone off to be fully tested, no need even to say the results could take quite a long time for us to get back.
As my old dad would have said “To much information “
This is from the last RNS.
“The hole was terminated at a depth of 104.7m having passed through the target zone. The hole was designed to twin and deepen a historic drill hole CL-15 which intersected 7.6m grading165 grammes/tonne silver (4.8 ounces/ton) and 0.4 g/t gold from 82.3m depth to the base of hole at 89.9m depth.”
In gold mining, 10 g/t is a high-grade deposit for gold. 1 g/t is a low grade that shows the area is not very densely populated with gold.,so we have
4 g/t of gold showing from the historic drill., and in mining terms it’s not deep 300 meters is deep.
Silver grades work differently and are in ounces per ton and also involve the different by-products such as nickel and lead, and also whether there is gold in the mix. But multiple ounces per ton is a good grade deposit.
So at the historic drill results for both gold and silver we had.
historic drill hole CL-15 which intersected 7.6m grading165 grammes/tonne silver (4.8 ounces/ton) and 0.4 g/t gold from 82.3m depth to the base of hole at 89.9m depth.
So in my opinion and what’s regarded by the rest of the mining world....
The Silver was quite a bonanza grade and the gold was good enough to go for.
We shall of course know the results in due corse which if they twined the other hole with success.
By the way there is no queue jumping....in fact in these Covis times PC has done a brilliant job finding one of the best drilling teams and some one to test the results.