Sunrise Resources plc advised that it has signed an agreement with Liberty Moly LLC ("Liberty Moly") providing the company with a lease of water rights to be used in the development of its CS Pozzolan-Perlite Project ("the Project"). The lease covers an initial 5-year period renewable for a further five one-year periods and covers enough water for the Project's annual projected requirements at full production rates. The leased water rights are currently attached to the past-producing Liberty molybdenum mine some 18 miles west of, and in the same water basin as, the Project. Liberty Moly is a subsidiary of General Moly Inc. The Company, with assistance from Liberty Moly, will now apply to the Nevada Division of Water Resources for permits to enable extraction of water at the Company's designated well-site which is included in existing Right of Way applications made by the Company and which are being determined by the Bureau of Land Management alongside the Company's mine permit application.