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Project Updates

27 Jul 2016 14:00

RNS Number : 4112F
Sunrise Resources Plc
27 July 2016
 

 

 

 

SUNRISE RESOURCES PLC

 

27 July 2016

 

Project Updates

 

Sunrise Resources plc (ticker symbol 'SRES'), the AIM-traded diversified mineral exploration and development company ("the Company"), is pleased to provide the following project updates.

 

New Project, Nevada

 

The Company has staked 15 claims (SW1-15) over the Stonewall epithermal gold prospect in the Goldfield area of the Walker Lane Mineral Belt as an addition to the gold-and silver project portfolio it is building in its 100% owned Westgold Inc. subsidiary.

 

The Stonewall claims have been staked to cover a large vein structure showing epithermal vein textures commonly associated with gold and silver mineralisation. The Company is currently researching historical exploration results from the area and will release a further update when this becomes available.

 

 

Baker's and Corona Gold Projects, Australia

 

The Company has carried out an internal review of project priorities in Australia and has decided to focus on its Baker's Gold Project and consequently has surrendered its Corona Gold Project, Exploration Licence (E51/1586), ahead of the next annual rental payment.

 

The Company carried out soil sampling programmes at Corona and Baker's in 2014 and 2015 and whilst low level anomalies were identified at Corona they are considered to be a lower priority for follow up compared to the significant gold in soil anomaly found at Baker's. This anomaly occurs at the Dicky Lee Prospect where alluvial and secondary nugget gold specimens have also been found by recreational and professional prospectors.

 

The Company will seek a joint venture partner to test the drill-ready targets at Baker's.

 

 

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

 

 

 

 

 

Notes:

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No.596/2014 of the European Parliament and of the Council.

 

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.

 

 

 

Notes to Editors:

 

About Sunrise Resources plc

 

Sunrise Resources plc is an AIM-traded diversified mineral exploration and development company. The Company's objective is to develop profitable mining operations to sustain the Company's wider exploration efforts and create value for shareholders through the discovery of world-class deposits.

 

The Company is exploring a number of precious metal, base metal and industrial mineral projects in Nevada, USA. The Company holds a royalty interest from EP Minerals in a diatomite project in Nevada and holds a white barite project in South-West Ireland. The Company also holds diamond and gold exploration interests in Western Australia.

 

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
 
 
MSCAKODNBBKDQOB
Date   Source Headline
22nd Feb 201110:00 amRNSIssue of Equity
15th Feb 201112:34 pmRNSDirector/PDMR Shareholding
10th Feb 20117:00 amRNSLong Lake Gold Project - Exploration Update
31st Jan 20111:13 pmRNSResult of AGM
25th Jan 20117:00 amRNSEncouraging Drill Results
14th Jan 201110:45 amRNSIssue of Equity
31st Dec 20107:00 amRNSTotal Voting Rights
22nd Dec 201012:43 pmRNSPosting of Annual Report and Accounts
22nd Dec 20107:00 amRNSDrill programme completed
10th Dec 20107:00 amRNSIssue of Equity
9th Dec 20107:00 amRNSIssue of Warrants
7th Dec 20102:00 pmRNSFinal Results
25th Nov 20107:00 amRNSPlacing to raise £1.2million
11th Nov 20107:00 amRNSStart of Drilling, Long Lake Gold Project
3rd Nov 20107:00 amRNSExploration Results, Derryginagh
3rd Nov 20107:00 amRNSNominated adviser and broker change of name
7th Oct 201012:48 pmRNSHolding(s) in Company
19th Aug 20107:00 amRNSDerryginagh Project Update
30th Jul 201012:07 pmRNSTotal Voting Rights
21st Jul 20107:00 amRNSDirectors' Share Issue
8th Jul 20103:26 pmRNSHolding(s) in Company
23rd Jun 20107:00 amRNSLong Lake Project, Canada - Update
22nd Jun 201012:37 pmRNSResult of General Meeting
3rd Jun 20104:27 pmRNSPosting of half year report and Notice of General
24th May 201010:40 amRNSHalf Yearly Report
14th May 20104:36 pmRNSChange of Name
5th May 20107:00 amRNSOption on Gold Project, Canada
21st Apr 20107:00 amRNSPositive test results, Derryginagh
31st Mar 20107:00 amRNSTotal Voting Rights
1st Mar 20107:00 amRNSIssue of Equity
26th Feb 201011:40 amRNSTotal Voting Rights
1st Feb 20104:01 pmRNSDirector's Share Issue
29th Jan 20103:42 pmRNSResult of AGM
8th Dec 20097:00 amRNSGrant of Warrants
7th Dec 200911:45 amRNSFinal Results
25th Nov 20099:28 amRNSNew Project, Ireland
24th Nov 20095:12 pmRNSHolding(s) in Company
4th Nov 200911:12 amRNSCue Project - Diamond Update
29th Oct 200911:05 amRNSNew Project, Australia
17th Aug 20091:30 pmRNSChange of Adviser
31st Jul 20099:42 amRNSTotal Voting Rights
24th Jul 20091:43 pmRNSIssue of Equity
21st May 200910:22 amRNSHalf Yearly Report
30th Apr 20099:15 amRNSTotal Voting Rights
27th Apr 20099:43 amRNSHolding(s) in Company
24th Apr 200910:21 amRNSNordic Agreement Concluded
27th Feb 20098:53 amRNSTotal Voting Rights
2nd Feb 200912:17 pmRNSIssue of Equity
30th Jan 200912:00 pmRNSResult of AGM
28th Jan 20091:23 pmRNSHolding(s) in Company

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