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Project Updates

27 Jul 2016 14:00

RNS Number : 4112F
Sunrise Resources Plc
27 July 2016
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SUNRISE RESOURCES PLC

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27 July 2016

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Project Updates

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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.

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New Project, Nevada

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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.

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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.

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Baker's and Corona Gold Projects, Australia

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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.

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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.

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

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Further information:

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Sunrise Resources plc

Patrick Cheetham, Executive Chairman

Tel:

+44 (0)1625 838 884

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Northland Capital Partners Limited

Nominated Adviser & Broker

Edward Hutton/David Hignell

John Howes/Rob Rees

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Tel:

+44 (0)20 3861 6625

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Beaufort Securities Limited

Joint Broker

Jon Belliss

Tel:

+44 (0)20 7382 8300

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Notes:

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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.

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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.

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Notes to Editors:

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About Sunrise Resources plc

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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.

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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.

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Shares in the Company trade on AIM. EPIC: "SRES"

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Website: www.sunriseresourcesplc.com

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This information is provided by RNS
The company news service from the London Stock Exchange
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Date   Source Headline
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1st Jun 20157:00 amRNSBay State project - bonanza silver grades
20th May 20157:00 amRNSHalf Yearly Report
30th Apr 20157:00 amRNSTotal Voting Rights
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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
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7th Nov 20145:05 pmRNSIssue of New Ordinary Shares
30th Oct 20147:00 amRNSProject Updates
25th Sep 20147:00 amRNSNew Silver Project
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1st Sep 20147:00 amRNSUpdated company presentation
20th Aug 20144:49 pmRNSIssue of equity
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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
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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

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