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 […]
Tag: Pioche sepiolite project – Nevada
Sunrise option holder to define Pioche resource
Sunrise Resources plc’s option holder Tolsa USA Inc has received approval for a planned resource definition drill programme at the sepiolite project near Pioche in Nevada, USA. OPEN PIT MINING The US Bureau of Land Management has approved 24 drill holes, over a 2.5km by 2km area, scheduled to begin in mid-July. A truck-mounted auger […]
Sunrise progresses sample tests from Pioche trenching
Sunrise Resources plc reported progress at its sepiolite project near the town of Pioche in Lincoln County, Nevada, USA. PROJECT The company has granted Spanish company Tolsa S.A., the world’s largest producer of sepiolite, an exclusive option to purchase the project claims for US$1.25 million cash by 28 December 2023. Sunrise retains a 3% net […]
Tolsa stakes further claims at Pioche
Sunrise Resources plc said that 31 additional mining claims have been staked by potential purchaser Tolsa USA Inc at the Pioche sepiolite project in Nevada, USA. DRILLING Sunrise said that the new claims more than double the size of the project and cover projected extensions of the sepiolite deposits outlined in the 2022 mapping and […]
Tolsa continues Pioche sepiolite option deal
Sunrise Resources plc reported that, following positive trenching results, Tolsa USA Inc will continue the option agreement to acquire the Pioche sepiolite project in Nevada, USA. EVALUATION WORK In June 2022, Sunrise granted the Spanish group’s subsidiary an exclusive option to buy the asset for $1.25 million in cash. Tolsa began trenching work in October […]
Sunrise notes start of trenching at Pioche
Sunrise Resources plc said that a planned trenching programme was due to start this week at its Pioche sepiolite project in Nevada, USA. PROGRAMME Potential buyer, Spanish firm Tolsa USA Inc, which has an exclusive option to acquire the project, has received approval from the US Bureau of Land Management (BLM) for its proposed programme. […]