Metals & Minerals News

Sunrise re-analysis increases Baker’s gold grade

Sunrise Resources plc announced a 25% increase in gold grades from re-analysis of the reported high grade drill samples at its Baker’s gold project in Western Australia.

Objective: Sunrise considers the higher values to be a more accurate measure of the gold grade (Pixabay)

DLR4 Target

The routine re-analysis of the high-grade samples aimed to evaluate possible nugget effect.

Sunrise compared the new results from the analysis of 1 kg bulk cyanide leach and leach tail fire assay with the previous results of 50g fire assay.

New reporting interval in hole 21SBRC002 on the DLR4 target showed 2m grading 14.4 g/t gold from 64m downhole including 1m grading 26.5 g/t gold.

Previously reported interval from hole 21SBRC002 on DLR4 target was 2m grading 11.5 g/t gold from 64m downhole.

The company added that 95% of the contained gold was cyanide leachable.

ACCURATE

“This is a pleasing result as the prime objective in conducting the re-analysis was to make sure the original analysis did not over-report the gold content due to the potential for the nugget effect,” said executive chairman Patrick Cheetham.

“The higher values being reported today are considered to be a more accurate measure of the gold grade due to the larger sample size.”