CS PROJECT UPDATE

RNS Number : 8558Q

Sunrise Resources Plc

24 June 2020

 

 24 June 2020

SUNRISE RESOURCES PLC

("Sunrise" or "the Company")

CS PROJECT - RESULTS OF PUBLIC COMMENT ON ENVIRONMENTAL ASSESSMENT

Further to its announcement of 15^th May 2020, Sunrise Resources plc is pleased to advise the positive outcome of the public comment period on the Environmental Assessment (EA) for its CS Perlite-Pozzolan Project in Nevada, USA,

Officially the 30-day public comment period closed on 15 June 2020 and the lead regulatory agency, the Bureau of Land Management, allowed a further 7-day period for the receipt of postal submissions made on or before that date. This 7-day period closed 22 June 2020.

Only three comments were received. All three comments were federal and state agency comments of a minor nature that will be addressed by minor edits to the EA. Responses to the comments will also be provided as an appendix to the Final EA. There were no public comments or comments from Non-Governmental Organisations (NGOs). Once these comments on the EA are addressed and an updated EA submitted, the Company then awaits the issuance of the Decision Record and Finding of No Significant Impact (FONSI) from the BLM, being the final approvals in the BLM permitting process.

Commenting today Sunrise Executive Chairman Patrick Cheetham said : "This is good news for the CS Project and, we believe, reflects the limited impact of the Project on the local environment, the mitigation measures we have proposed and the significant contribution that the use of natural pozzolan makes to a net reduction in carbon emissions."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. 

Further information:

Sunrise Resources plc Patrick Cheetham, Executive Chairman	Tel: [phone]
Beaumont Cornish Limited Nominated Adviser and Joint Broker   James Biddle/Roland Cornish	Tel: [phone]
Peterhouse Capital Limited Joint Broker Lucy Williams/Duncan Vasey	Tel: [phone]

Note:

The news release may contain certain statements and expressions of belief, expectation or opinion which are forward-looking statements, and which relate, inter alia, to the Company's proposed strategy, plans and objectives or to the expectations or intentions of the Company's directors. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the control of the Company that could cause the actual performance or achievements of the Company to be materially different from such forward-looking statements. Accordingly, you should not rely unduly on any forward-looking statements and save as required by the AIM Rules for Companies or by law, the Company does not accept any obligation to disseminate any updates or revisions to such forward-looking statements.

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

 

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