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 […]
Tag: Sunrise Resources plc
Golden Metal assays increase Garfield potential
Golden Metal Resources plc reported greater than expected copper-silver-gold mineralisation from overlimit assay testing at Garfield within the Walker Lane mineral belt in Nevada. SIGNIFICANT Following last week’s preliminary results from ground exploration, overlimit samples were reanalysed using higher-grade threshold assay methods. Results of 11 of 32 samples returned greater than 1% calculated copper equivalent (CuEq) including 23.92% CuEq (2.37% Cu, […]
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 in talks to develop CS natural pozzolan
Sunrise Resources plc is in talks to develop its CS natural pozzolan project while it awaits tests to start on a bulk sample from Hazen deposit in northern Nevada. TESTS Discussions to develop the more advanced CS natural project are with three companies. “One, a large cement and ready-mix group, has successfully completed an extensive […]
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 […]
Sunrise samples show high grades at Reese Ridge
Sunrise Resources plc received high zinc, lead and silver grades from analysis of samples collected from its Reese Ridge project in central Nevada, USA. RESULTS The project lies on the south side of the prospective Humboldt structural zone, 52 miles south-southwest of Battle Mountain. A previous mapping sample yielded 15.9% zinc and the company has […]