Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSunrise Resources PLC Regulatory News (SRES)

Share Price Information for Sunrise Resources PLC (SRES)

Share Price is delayed by 15 minutes
Get Live Data
0.023    0.00 (0.00%)
Bid:
0.021
Ask:
0.025
Spread: 0.004 (19.048%)
Market Cap: £2.16m
SRES Live PriceLast checked at - London Stock Exchange

Intraday Sunrise Resources PLC Share Chart

CS Project - Drill Programme Update

14 Jun 2017 11:03

RNS Number : 0700I
Sunrise Resources Plc
14 June 2017
 
  

SUNRISE RESOURCES PLC

("Sunrise" or "the Company")

 14 June 2017

 

PERMIT RECEIVED FOR DRILL PROGRAMME AT CS POZZOLAN-PERLITE PROJECT, NEVADA

 

 

Sunrise Resources plc, the AIM traded company focusing on the development of its CS Pozzolan-Perlite project is pleased to announce that, following the completion of a positive concept study for development of the project, it has now received the required permit for its proposed drilling and trenching programmes at the CS Pozzolan-Perlite Project from the US Bureau of Land Management ("BLM").

 

The programme that has been permitted comprises access track upgrading and the construction of up to 11 drill pads and up to 3 trenches.

 

The permit will allow for a multi-phase drill programme and the first phase of drilling is expected to comprise 5 holes at approximately 150-250m spacing to test the core of the Main Zone where extensive surface sampling has demonstrated large areas of outcropping perlite with pozzolanic properties.

 

The objective of this first phase of drilling is to:

 

· Collect approximately 10 tonnes of samples for industrial application testing.

 

· Demonstrate continuity of surface zones at depth.

 

· Assist mine planning and industrial trials.

 

Follow on drilling phases will be planned following the results of first phase drilling.

 

The objective of the trenching programme is to demonstrate continuity of the Main Zone and where the pozzolan-perlite is geologically projected under surface cover.

 

The Company has submitted a restoration bond to the BLM for the permitted programme and is now in the final stages of reviewing drilling contractor bids with a view to a drill start around the middle of July (a suitable contract not being available before then). The trenching programme will be carried out in the meantime, and the Company is continuing to progress its industrial application testing of surface samples for use as natural pozzolan and perlite.

 

 

Commenting today, Executive Chairman Patrick Cheetham said: "I am pleased to be reporting further progress at the CS Project and look forward to providing further updates on a regular basis as we progress this exciting project towards a production decision."

 

 

Further information

 

Sunrise Resources plc

Patrick Cheetham, Executive Chairman

Tel:

+44 (0)1625 838 884

Northland Capital Partners Limited

Nominated Adviser & Broker

Edward Hutton/David Hignell

John Howes/Rob Rees

 

Tel:

+44 (0)20 3861 6625

 

Beaufort Securities Limited

Joint Broker

Jon Belliss

Tel:

+44 (0)20 7382 8300

 

 

About Natural Pozzolan

 

Pozzolan is a cementitious material that can partially replace ordinary Portland cement in cement and concrete mixes in amounts up to 35%. Natural pozzolans, therefore, have strong "green" credentials as the production of Portland cement is responsible for 5% of the global man-made carbon dioxide emissions with nearly one tonne of carbon dioxide (CO2) generated for each tonne of cement produced. Natural pozzolans can also improve the strength and chemical resistance of concrete. Natural pozzolans can also replace industrial by-product pozzolans in cement such as coal fly ash. The availability and quality of fly ash is under threat as coal-fired power stations are phased out in favour of natural gas plants and fly ash quality becomes more variable due to increased emission control legislation.

 

About Perlite

 

Perlite is a glassy raw material which, when heated in a furnace, pops like popcorn and expands by up to 20 times in volume into a white or pale coloured, low density material. Expanded perlite is used in various industrial and household applications such as insulation, paint texturing, building materials, filter aids, insulating industrial cryogenic storage vessels and as a potting medium in gardening and horticulture to aid water retention and aeration of the soil. Some perlites can also be used as a natural pozzolan.

 

 

Notes:

 

 

1. The news release may contain certain statements and expressions of belief, expectation or opinion which are forward-looking statements, and which relate, inter alia, to the Company's proposed strategy, plans and objectives or to the expectations or intentions of the Company's directors. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the control of the Company that could cause the actual performance or achievements of the Company to be materially different from such forward-looking statements. Accordingly, you should not rely unduly on any forward-looking statements and save as required by the AIM Rules for Companies or by law, the Company does not accept any obligation to disseminate any updates or revisions to such forward-looking statements.

 

2. This announcement contains inside information.

 

3. The information in this release has been compiled and reviewed by Mr. Patrick Cheetham (MIMMM, MAusIMM) who is a qualified person for the purposes of the AIM Note for Mining and Oil & Gas Companies. Mr. Cheetham is a Member of the Institute of Materials, Minerals & Mining and also a member of the Australasian Institute of Mining & Metallurgy.

 

Shares in the Company trade on AIM. EPIC: "SRES". Website: www.sunriseresourcesplc.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DRLOKQDKKBKDBAD
Date   Source Headline
18th Jun 20157:00 amRNSExploration Update
1st Jun 20157:00 amRNSBay State project - bonanza silver grades
20th May 20157:00 amRNSHalf Yearly Report
30th Apr 20157:00 amRNSTotal Voting Rights
27th Apr 20157:00 amRNSNevada Projects Update
20th Apr 20157:00 amRNSShare Placing
10th Mar 20157:03 amRNSNevada Projects Update & New Gold Project
6th Feb 201512:57 pmRNSShare and Warrant Issue and Total Voting Rights
5th Feb 201512:36 pmRNSResult of AGM
5th Feb 20157:00 amRNSUpdated Presentation on Website
30th Jan 20157:00 amRNSTotal Voting Rights
19th Jan 20157:00 amRNSIssue of Equity
12th Jan 201512:20 pmRNSDirector Share Purchase
8th Jan 20157:00 amRNSBay State Project - sampling results
7th Jan 20154:34 pmRNSAnnual Report and Accounts and AGM Notice
11th Dec 20147:00 amRNSFinal Results
20th Nov 20147:00 amRNSNevada Projects Update
7th Nov 20145:05 pmRNSIssue of New Ordinary Shares
30th Oct 20147:00 amRNSProject Updates
25th Sep 20147:00 amRNSNew Silver Project
23rd Sep 20147:00 amRNSExploration Update
22nd Sep 201410:24 amRNSExtension of Warrants
1st Sep 20147:00 amRNSUpdated company presentation
20th Aug 20144:49 pmRNSIssue of equity
19th Aug 20147:00 amRNSFurther Diamond results, Cue Project
15th Aug 201412:21 pmRNSHolding(s) in Company
15th Aug 20147:00 amRNSFurther positive diatomite testwork results
12th Aug 20147:00 amRNSCue Diamond and Corona Gold Projects - Update
30th Jun 20147:00 amRNSProject Updates
19th May 20147:00 amRNSHalf Yearly Report
12th May 20147:00 amRNSPositive Testwork Results - County Line Diatomite
28th Apr 20147:00 amRNSDrilling Update
31st Mar 20148:00 amRNSTotal Voting Rights
27th Mar 20147:00 amRNSCue Diamond and Strike Copper Projects - Update
19th Mar 201412:38 pmRNSHolding(s) in Company
19th Mar 20149:59 amRNSHolding(s) in Company
17th Mar 201412:00 pmRNSIssue of Equity
3rd Mar 20147:00 amRNSProject Update
19th Feb 201412:24 pmRNSResult of AGM
19th Feb 20147:00 amRNSUPDATED PRESENTATION
17th Feb 20147:00 amRNSNew Projects - Nevada
13th Feb 20147:00 amRNSCue Diamond Project - Update
17th Jan 20149:38 amRNSPosting of Annual Report
15th Jan 20147:00 amRNSShare and Warrant Issue
8th Jan 201412:18 pmRNSDirector Share Purchase
12th Dec 201311:32 amRNSFinal Results
13th Nov 20133:16 pmRNSHolding(s) in Company
6th Nov 20135:35 pmRNSIssue of Equity
30th Sep 20137:00 amRNSFurther Positive Diamond Results
30th Aug 20137:00 amRNSTotal Voting Rights

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.