Exploration Update

RNS Number : 3061S
Sunrise Resources Plc
23 September 2014
 

 

23 September 2014

 

EXPLORATION UPDATE

AUSTRALIAN GOLD PROJECTS

 

 

Sunrise Resources plc, the AIM traded diversified mineral exploration and development company ("the Company"), is pleased to provide the following update on exploration of its two gold projects in the Murchison Goldfield of Western Australia.

 

Corona Gold Project

 

·     Soil sampling programme now in progress

 

·     Approx. 525 samples being collected on 200m by 200m offset grid

 

·     Results should be available in approximately 6 weeks

 

Bakers Gold Project

 

·     Soil sampling programme to commence within 2 weeks

 

·     Approx. 575 samples to be collected on 200m by 100m offset grid with 100x50m sampling over certain areas of higher interest

 

·     Results expected in approximately 8 weeks

 

·     Application made for prospecting licence adjoining west side of project targeting gold bearing quartz-stockwork at historic Dickey Lee Gold Mine

 

 

Commenting today, Executive Chairman Patrick Cheetham said: "The main objective of our soil sampling programmes is to add targets to those already set for testing in the first drill programmes which we hope to carry out later this year. We will look to fast track the grant of the Dickey Lee licence application by including it in the existing Aboriginal Heritage Agreement as this also presents a drill-ready target."

 

 

Further information:

 

Sunrise Resources plc

Patrick Cheetham, Executive Chairman  

Tel:

+44 (0) 845 868 4590




Northland Capital Partners Limited

Gavin Burnell/Edward Hutton

Alice Lane/Charles Laughton (Broking)

 

Tel:

+44 (0)20 7382 1100

Yellow Jersey PR Limited

Dominic Barretto/Kelsey Traynor

 

Tel:

+44 (0)7768 537739

 

 

 

 

Note:

 

The information in this release has been compiled and reviewed by Mr. Patrick Cheetham (MIMMM, MAusIMM) who is a qualified person for the purposes of the AIM Note for Mining and Oil & Gas Companies.  Mr Cheetham is a Member of the Institute of Materials, Minerals & Mining and also a member of the Australasian Institute of Mining & Metallurgy.

 

 

About Sunrise Resources plc

 

Sunrise Resources plc is a diversified mineral exploration and development company. The Company has diamond exploration interests in Western Australia and Finland and holds a white barite project in South-West Ireland.

 

The Company has two gold exploration projects in Western Australia and has an active project programme to generate new exploration projects in Australia and Nevada, USA.

 

It has recently staked claims over the Strike Copper Project, the County Line Diatomite Project and the Garfield Gold-Silver-Copper Project in Nevada, USA.

 

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

 

www.sunriseresourcesplc.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
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