Sunrise Resources plc partner and option holder has completed phase II drilling and pitting at the Pioche sepiolite project in southeastern Nevada. CHARACTERISATION Tolsa USA Inc engaged Harris Exploration to use sonic drilling, suitable for drill sampling of soft and unconsolidated materials, focusing on the central and eastern area of the claim block. The campaign […]
Tag: Pioche sepiolite project – Nevada
Sunrise notes drilling to extend Pioche deposits
Sunrise Resources plc expects phase II drilling and trenching to begin this weekend at its Pioche sepiolite project in Nevada, USA. OBJECTIVE Option holder and operator Tolsa USA Inc has received approval for the programme from the Bureau of Land Management. Following mobilisation of a rig, drilling will immediately begin to extend the known “extensive” […]
Tolsa prepares to test Pioche extensions
Sunrise Resources plc said that plans for boreholes and further trenching would test extensions at its Pioche sepiolite project in Nevada. OPTIMISTIC Potential purchaser Tolsa S.A is working with the US authorities to obtain approval for 13 holes, each to a maximum of 130ft deep, as well as three large trenches for a total 300m. […]
Sunrise grants Tolsa more time for Pioche option
Sunrise Resources plc has granted its potential purchaser a 12-month extension to exercise its option over the Pioche sepiolite project in Nevada. MAXIMISE Tolsa USA Inc will pay an extension fee of US$100,000 before 15 January 2024, and the option exercise price increases from $1.25m to $1.4m. The Spanish company’s previous deadline to buy Pioche […]
Sunrise reports ‘medium-high grade’ sepiolite at Pioche
Two principal horizons of “medium-high grade” have been confirmed at Sunrise Resources plc’s sepiolite project near the town of Pioche in Lincoln County, Nevada. COMMERCIAL QUALITY Owner Sunrise Resources plc said that the summer’s exploration programme saw option holder and Spanish subsidiary Tolsa SA complete 20 drill holes over 2km by 1.1km. The holes, drilled […]
Sunrise notes resource definition drill at Pioche
Sunrise Resources plc’s partner has started of resource definition drilling at the Pioche sepiolite project in Lincoln County, Nevada, USA. OPEN PIT Spanish subsidiary Tolsa USA Inc’s provisional 24-drillhole programme involves drilling by a truck-mounted auger drill to planned average depth of 50ft. Sunrise said that shallow drilling reflected the surface and near surface position […]