Business
Long Lake Gold Project - Expl
Long Lake Gold Project - Expl.
About this update from Sunrise Resources Plc
[{"type":"text","content":"\n RNS Number : 9862A Sunrise Resources Plc 10 February 2011 \n \n\n \n \n \n10 February 2011\n \nEXPLORATION UPDATE \nLONG LAKE GOLD PROJECT, SUDBURY, CANADA\n \nSunrise Resources plc (\"Sunrise\" or \"the Company\"), the AIM-quoted diversified mineral exploration and development specialist, is pleased to announce that it has now received positive results from geophysical exploration carried out late last year at the Long Lake gold mine as well as the results from two previously unreported drill holes.\n \nHighlights:\n \n· Several near surface anomalies recommended for ground checking and drill testing near Long Lake Gold Mine and at E1 prospect.\n \n· Geophysical profiling of historic boreholes identifies anomalies in un-assayed sections of historic drill holes at E1 prospect. \n \n· Significance of anomalies underlined by anomalous geophysical response of known mineralisation in Hole 10LD003 in Mine area (previously reported 35m thick interval grading 2.0 g/t gold including 2.3m grading 16.1 g/t gold). \n \n· 3D imaging of borehole survey at E1 prospect suggests lateral continuity of mineralisation between surveyed drill holes. \n \n· Anomaly 23 confirmed as strong target missed by recent drill hole.\n \n \nPatrick Cheetham, Chairman, commented today: \"Results from the initial exploration programme have exceeded our expectations. The geophysical results released today have identified a number of additional drill targets and planning for a second phase of drilling at Long Lake is already underway.\" \n \nFurther information:\n \nSunrise Resources plc Tel: +44 (0)1625 505947\nPatrick Cheetham, Executive Chairman Mob. +44 (0)7767 458751\nwww.sunriser...