Business
Exploration Programme
Exploration Programme.
About this update from Sunrise Resources Plc
[{"type":"text","content":"\n Sunrise Diamonds PLC\n31 January 2006\n\n\n\nwww.sunrisediamonds.com\n\n31 January 2006\n\n AGM Statement -Highlights\n SUNRISE GAINS EARLY BENEFIT FROM ACQUISITION OF\n FINLAND DIAMOND DATABASE\n & REPORTS ANOTHER MICRODIAMOND IN KUUSAMO KIMBERLITE\n\n • Prospective New Areas Identified: Claims Now Being Submitted\n • Follow-Up Includes Targets With Micro-And Macro-Diamonds In Till Samples\n • Check Sampling Returns Micro-Diamond From Kattaisenvaara Kimberlite\n\nSunrise Diamonds plc ('Sunrise Diamonds' or the 'Company') is pleased to report\nat its AGM today that its diamond exploration programme in Finland is already\nreaping the benefit of last months acquisition of BHP Billiton's diamond\nexploration database.\n\nAfter spending an initial period with BHP Billiton staff and other diamond\nspecialists checking the data integrity, the Company has incorporated the BHP\nBilliton data into a countrywide Geographical Information System (GIS) together\nwith its own existing data.\n\nNumerous unresolved trains of kimberlite indicator minerals in glacial sediments\nhave been identified from a preliminary review of the data. These include G10\ngarnets, and in two particular cases, micro- and macro-diamonds are reported in\nareas where the bedrock source does not appear to have been identified.\n\n'Work to-date has created what we believe is probably the most comprehensive\ndiamond exploration data resource currently in use in Finland today. The new\ntarget areas occur throughout the diamond prospective area in Finland, not just\nin the vicinity of our existing Kuusamo kimberlite cluster' said the Company's\nChairman, Patrick Cheetham speaking at today's AGM.\n\nAs a result, the Company is now applying for claims and claim reservations to\nallow these leads to be followed up.\n\nCheck sampling of original Kuusamo discovery yields further micro-diamond\n\nSmall samples of the original Kuusamo discoveries at Kalettomanpuro and\nKattaisenvaara were previously barren of micro-diamonds based on independent\ncaustic dissolution analysis. However, as part of the Company's check quality\ncontrol procedures, the dissolution concentrates from these original samples\nwere re-submitted to a second independent laboratory - the Kennecott minerals\nprocessing laboratory in Thunder Bay, Canada.\n\nAs a result, a micro-diamond fragment was...