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

Update-Bay State Project Drill Programme

9 Sep 2015 10:00

RNS Number : 5147Y
Sunrise Resources Plc
09 September 2015
 

 

9 September 2015

 

SUNRISE RESOURCES PLC

("the Company")

 

Update - Bay State Silver Project Drill Programme

 

Sunrise Resources plc, the AIM-traded diversified mineral exploration and development company, is pleased to provide an update on the progress of the Phase 1 drilling programme on its Bay State Silver Project in Nevada, USA.

 

The Phase 1 drill programme, comprising three holes for a total of 500m, started on 24 August, as previously advised, and was expected to last for two weeks with assay results expected six weeks after completion. The drill programme is now expected to extend for one further week due to technical challenges posed by the steep terrain. Notwithstanding this, the programme is proceeding well with excellent core recoveries being achieved.

 

The timeframe for receipt of assay results may consequently be extended by one week.

 

Further information

 

Sunrise Resources plc

Patrick Cheetham

Executive Chairman

 

 

Tel: +44 (0)845 868 4590

Northland Capital Partners Limited

Edward Hutton/David Hignell

John Howes/Mark Treharne (Broking)

 

 

Tel: +44 (0)207 382 1100

Yellow Jersey PR Limited

Dominic Barretto/Kelsey Traynor

 

 

Tel: +44 (0)7768 537 739

 

About the Bay State Silver Project

 

The Bay State Silver Project is located on the west flank of the Newark Valley in Eastern Nevada, 15km due east of the County town of Eureka. It was acquired by the Company in September 2014 and further claims were recently added to the project.

 

The mine was worked for silver in the 1870s and again in the 1900s when mining focused on two main NW-SE striking vein sets hosted within limestone. The largest workings are on the Chihuahua and Buckeye State Patents which together cover a strike length of some 900m and extend north and south of Mining Canyon along the Chihuahua Vein System. Two shafts were sunk on the border between these two patents, near the floor of the canyon, and are reported to extend to a depth of 120m with production mainly from extensive stopes above the 60m level. The Chihuahua Vein dips steeply to the west.

 

In the 1940s tungsten mineralisation was reportedly discovered in the upper workings of the Chihuahua Adit and was worked during the war years providing tungsten for the war effort. The tungsten was reported to occur as a replacement mineralisation within limestone beds.

 

The Company first acquired rights to the Bay State Silver Project in late 2014 and has since completed a number of surface and underground sampling programmes

 

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 has diamond and gold exploration interests in Western Australia and has staked claims and acquired leases over a number of projects in Nevada, USA, most recently at the Junction Gold Project.

 

The Company also holds diamond exploration interests in Finland and a white barite project in South-West Ireland.

 

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

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DRLKMGGLRLVGKZG
Date   Source Headline
7th Aug 20138:00 amRNSAdmission to trading and Total Voting Rights
1st Aug 201312:14 pmRNSIssue of Equity
25th Jul 20137:00 amRNSNew gold projects and Cue Diamond project update
15th May 201311:53 amRNSHalf Yearly Report
25th Mar 20137:00 amRNSPositive Diamond Results
19th Feb 20133:39 pmRNSResult of AGM
18th Feb 20137:00 amRNSCue Diamond Project Update
29th Jan 20131:13 pmRNSUpdate re drilling results
22nd Jan 20137:00 amRNSCue Diamond Sampling Results
4th Jan 20137:00 amRNSDirector Share Purchase & Issue of Equity
20th Dec 20127:00 amRNSGrant of warrants
12th Dec 20121:30 pmRNSFinal Results
3rd Dec 20127:00 amRNSCue Diamond Project - new Kimberlite Occurrences
12th Nov 20127:00 amRNSEquity Finance Facility Warrants Pricing
1st Nov 20127:00 amRNSStudy Update - Derryginagh Barite Project
25th Oct 20127:00 amRNS£3m Equity Finance Facility Secured
23rd Oct 20127:00 amRNSCue 1 Kimberlite confirmed diamondiferous
22nd Oct 20127:00 amRNSResponse to Press Comment & Market Update
25th Sep 20127:00 amRNSDerryginagh Project Update
6th Sep 20127:00 amRNSCue Project Update
31st Aug 20129:15 amRNSHolding(s) in Company
21st Aug 20127:00 amRNSProject Update
30th Jul 20124:48 pmRNSIssue of Equity
31st May 20127:00 amRNSDirectorate Change
30th May 20127:00 amRNSDerryginagh Project Update
18th May 20127:00 amRNSHalf Yearly Report
26th Apr 20127:00 amRNSProject Updates
27th Feb 201212:20 pmRNSIssue of Shares and Warrants
24th Feb 20123:29 pmRNSResult of AGM
16th Feb 20127:00 amRNSPlacing to raise £600,000
6th Feb 20127:00 amRNSDrilling Results, Derryginagh Drilling Project
16th Jan 20127:00 amRNSAnnual Report & Accounts
12th Jan 20127:00 amRNSDrilling Program Completed
15th Dec 20117:00 amRNSFinal Results
19th Sep 20117:00 amRNSNew Derryginagh Drill Contract
13th Sep 201110:29 amRNSDrill & Sampling Results - Long Lake Gold Project
31st Aug 20115:04 pmRNSTotal Voting Rights
11th Aug 201111:42 amRNSDerryginagh Drill Update
5th Aug 20113:09 pmRNSCorrection - Directors Share Issue
4th Aug 20119:58 amRNSDirectors Share Issue
6th Jul 20117:00 amRNSDerryginagh Barite Drill Start
5th Jul 20117:00 amRNSLong Lake Drill Start 5 July 2011
14th Jun 20117:00 amRNSDrill Contract, Long Lake Gold Project
3rd Jun 20117:00 amRNSIssue of Equity
23rd May 20117:00 amRNSHalf Yearly Report
19th May 20117:00 amRNSPositive Concept Study
27th Apr 20117:00 amRNSLong Lake Option
21st Mar 20117:00 amRNSExploration Update
3rd Mar 20119:02 amRNSDirector/PDMR Shareholding
24th Feb 20117:00 amRNSCue Diamond Project Exploration Licence Granted

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.