Sunrise Resources plc announced that the Tolsa USA Inc., the company holding an option to purchase the Company's Pioche Sepiolite Project in Nevada, has now received approvals from the US Bureau of Land Management for its planned resource definition drill programme. Highlights: 24 drill holes now approved by BLM, spread over an area 2.5km x 2km. Holes will be drilled by truck mounted auger drill to average depth of approx.

50ft. Shallow drilling reflects the surface and near surface position of mapped and trenched sub-horizontal sepiolite beds, amenable to open pit mining. Drilling is now scheduled for mid-July.

Tolsa has an option to purchase the Pioche Project for USD 1.25 million no later than 28 December 2023. Sunrise to retain 3% revenue royalty on production from the project area should Tolsa purchase the Pioche Project.