Sunrise Resources plc

SRES

GB00B075Z681

Diversified Mining

Market Closed - London S.E. Other stock markets 11:35:20 2024-04-26 am EDT			5-day change	1st Jan Change
0.0475 ^GBX	0.00%		+1.06%	-32.14%

Apr. 02	Insig AI eyes revenue fall; Phoenix Digital sound	AN
Apr. 02	Sunrise Resources to Sell Diatomite Claims to Dicalite Management Group	MT

Sunrise Resources says definition drilling at Pioche underway

July 25, 2023 at 08:28 am EDT

Sunrise Resources PLC - Cheshire, England-based company focused on industrial mineral projects in Nevada - Says resource definition drilling is underway at its Pioche sepiolite project. Says programme is set to drill 24 holes at an average depth of approximately 50 feet. Adds sepiolite producer and subsidiary of Spain-based Tolsa SA, Tolsa USA, has the option to purchase the Pioche project for USD1.3 million no later than December 28. Sunrise Resources would retain 3% revenue royalty on production from the project area should Tolsa purchase the Pioche project.

Executive Chair Patrick Cheetham says: "We are pleased to see the start of resource definition drilling at Pioche. Expectations are high, given the success of previous mapping and trenching carried out by Tolsa. Commercial deposits of sepiolite are rare, and any development of the Pioche deposit will benefit from its proximity to both road and rail as high-value sepiolite clays are traded on a global basis."

Current stock price: 0.087 pence, up 2.4% on Tuesday

12-month change: down 21%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Sunrise Resources plc

Insig AI eyes revenue fall; Phoenix Digital sound	Apr. 02	AN
Sunrise Resources to Sell Diatomite Claims to Dicalite Management Group	Apr. 02	MT
Dicalite Management Group, LLC signed an agreement to acquire 29 mining claims in Nevada, USA from Sunrise Resources plc for $0.15 million.	Apr. 01	CI
Sunrise annual loss narrows on lower costs; posts no revenue	Jan. 24	AN
Earnings Flash (SRES.L) SUNRISE RESOURCES Posts FY23 Loss GBX-0.01	Jan. 24	MT
Sunrise Resources plc Reports Earnings Results for the Full Year Ended September 30, 2023	Jan. 24	CI
Accrol makes buy; Artemis begins reconnaissance work	Jan. 18	AN
Sunrise Resources Gets Payment to Extend Tolsa’s Option for US Sepiolite Project	Jan. 18	MT
Sunrise Resources grants year-long option extension to Tolsa	Dec. 27	AN
Sunrise Resources Extends Tolsa’s Option to Buy US Sepiolite Project	Dec. 27	MT
Golden Metal and Sunrise Resources hail mineralisation at Garfield	Dec. 04	AN
Actual Experience appoints administrators	Nov. 07	AN
Sunrise Resources' Board Proposes Share Subdivision	Nov. 07	MT
Amaroq wins two new exploration licences in Greenland	23-10-31	AN
Sunrise Resources plc Reports Positive Results from Further Evaluation Work at its Reese Ridge Project in Nevada, USA	23-10-31	CI
SIMEC Atlantis swings to profit; System1 optimistic	23-09-27	AN
Sunrise Resources to Sell US Sepiolite Mining Project to Tolsa	23-09-27	MT
Sunrise eyes rise in US cementitious material consumption	23-09-15	AN
Sunrise Resources plc Provides Project Update	23-09-15	CI
Sunrise Resources says definition drilling at Pioche underway	23-07-25	AN
Sunrise Resources plc Announces Resource Definition Drilling Programme in Progress	23-07-25	CI
Sunrise Resources follows up on surprisingly high zinc at Nevada asset	23-06-29	AN
Sunrise Resources plc Announces Receipt of High-Grade Zinc, Lead and Silver Analytical Results from Samples Collected During a Recent Field Visit to the Reese Ridge Project in Nevada, USA	23-06-29	CI
Sunrise Resources asset receives US drilling approvals ahead of sale	23-06-12	AN
Sunrise Resources plc Announces Tolsa USA Inc. Receives Approval from the US Bureau of Land Management for its Planned Resource Definition Drill Programme	23-06-12	CI

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Company Profile

Sunrise Resources plc is a holding company that is engaged in the acquisition, exploration and development of mineral projects, primarily in the western United States. The Company is focused on the development of its CS Pozzolan-Perlite Project in Nevada, United States. Its projects include CS project, Nevada; Hazen Pozzolan Project, Nevada; Pioche Sepiolite Project, Nevada; NewPerl Project, Nevada, and Jackson Wash Project, Nevada. Its CS Pozzolan-Perlite Project in Esmeralda County, Nevada, United States, covers deposits of natural pozzolan and perlite. The Hazen Pozzolan Project is located in Churchill County in Northern Nevada 20 miles by road from the town of Fernley and 24 miles by road from the County town of Fallon. The Pioche Sepiolite Project is located close to the historic mining town of Pioche in Lincoln County, Nevada. The NewPerl Prospect is located about 85 miles from the CS Project. The Jackson Wash Project is over 16 kilometers away from its NewPerl Project in Nevada.

Sector

Diversified Mining

Calendar

2024-05-29 - Q2 2024 Earnings Release (Projected)

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Sector Integrated Mining

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