Last checked at 23 Sep 2014 07:00
23 September 2014
EXPLORATION UPDATE
AUSTRALIAN GOLD PROJECTS
Sunrise Resources plc, the AIM traded diversified mineral exploration and development company ("the Company"), is pleased to provide the following update on exploration of its two gold projects in the Murchison Goldfield of Western Australia.
Corona Gold Project
· Soil sampling programme now in progress
· Approx. 525 samples being collected on 200m by 200m offset grid
· Results should be available in approximately 6 weeks
Bakers Gold Project
· Soil sampling programme to commence within 2 weeks
· Approx. 575 samples to be collected on 200m by 100m offset grid with 100x50m sampling over certain areas of higher interest
· Results expected in approximately 8 weeks
· Application made for prospecting licence adjoining west side of project targeting gold bearing quartz-stockwork at historic Dickey Lee Gold Mine
Commenting today, Executive Chairman Patrick Cheetham said: "The main objective of our soil sampling programmes is to add targets to those already set for testing in the first drill programmes which we hope to carry out later this year. We will look to fast track the grant of the Dickey Lee licence application by including it in the existing Aboriginal Heritage Agreement as this also presents a drill-ready target."
Further information:
Sunrise Resources plc Patrick Cheetham, Executive Chairman | Tel: | +44 (0) 845 868 4590 |
Northland Capital Partners Limited Gavin Burnell/Edward Hutton Alice Lane/Charles Laughton (Broking)
| Tel: | +44 (0)20 7382 1100 |
Yellow Jersey PR Limited Dominic Barretto/Kelsey Traynor
| Tel: | +44 (0)7768 537739 |
Note:
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.
About Sunrise Resources plc
Sunrise Resources plc is a diversified mineral exploration and development company. The Company has diamond exploration interests in Western Australia and Finland and holds a white barite project in South-West Ireland.
The Company has two gold exploration projects in Western Australia and has an active project programme to generate new exploration projects in Australia and Nevada, USA.
It has recently staked claims over the Strike Copper Project, the County Line Diatomite Project and the Garfield Gold-Silver-Copper Project in Nevada, USA.
Shares in the Company trade on AIM. EPIC: "SRES"
www.sunriseresourcesplc.com