SUNRISE RESOURCES PLC
("Sunrise" or "the Company")
CS PROJECT
SUCCESSFUL TEST GRIND OF POZZOLAN BY POTENTIAL OFFTAKER
The Company is pleased to advise that a test grind on the 500-ton bulk sample supplied to a large cement and ready-mix concrete company (CRMC) has been successfully completed.
The CRMC's testing objective was to assess the suitability of its surplus cement clinker milling facility for grinding the CS natural pozzolan and to then test the ground product in some commercial scale concrete pours.
The material was successfully ground to the target size and concrete trials are now being organised. The CRMC's manager of mining has recently completed a due diligence field visit to the CS Property.
Commenting today, Executive Chairman Patrick Cheetham said: "I am happy to be reporting important progress and favourable results from the commercial scale grinding of our natural pozzolan. The use of the CRMC's surplus facility will allow for a low capital cost, low risk start up to production. The CRMC is an internationally recognised Company and has a substantial ready-mix concrete business that is a captive customer for its cement products, and which could also use CS natural pozzolan as a replacement for the large volumes of fly ash it has traditionally used in its concrete business."
Further information:
Sunrise Resources plc Patrick Cheetham, Executive Chairman |
Tel: +44 (0)1625 838 884 |
Beaumont Cornish Limited Nominated Adviser James Biddle/Roland Cornish |
Tel: +44 (0)207 628 3396 |
Peterhouse Capital Limited Broker Lucy Williams/Duncan Vasey
|
Tel: +44 (0)207 469 0930 |
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 which forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.
Shares in the Company trade on AIM. EPIC: "SRES". Website: www.sunriseresourcesplc.com