Comment on share price movement

RNS Number : 3737G

Sunrise Resources Plc

20 November 2015

 

20 November 2015

 

SUNRISE RESOURCES PLC

(the "Company")

Comment on share price movement

Sunrise Resources plc, the AIM-traded diversified mineral exploration and development company, notes the recent weakness in the Company's share price and advises the market that it is not aware of any undisclosed reason for this decline.

The Company draws attention to its most recent exploration update on 22 October 2015 advising that high grades of silver mineralisation were hit in all three Phase 1 drill holes at the Company's Bay State Silver Project in Nevada and that high grades were also intersected outside the known vein system, indicating the potential for additional discoveries.

The Company looks forward to updating shareholders on various of its projects in due course. It expects to release its audited results for the year ended 30 September 2015 next month.

Further information:

Sunrise Resources plc Patrick Cheetham, Executive Chairman	Tel:	[phone]
Northland Capital Partners Limited Edward Hutton/David Hignell John Howes/Mark Treharne (Broking)	Tel:	[phone]
Yellow Jersey PR Limited Dominic Barretto/Aidan Stanley	Tel:	[phone]

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 base, precious metal and industrial mineral projects in Nevada, USA. The Company also holds a white barite project in South-West Ireland.

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

 

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