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NEWPERL PROJECT - EXPLORATION PERMIT APPROVAL
NEWPERL PROJECT - EXPLORATION PERMIT APPROVAL.
About this update from Sunrise Resources Plc
[{"type":"text","content":"\n \nRNS Number : 8780Y Sunrise Resources Plc 14 May 2019 \n\nSUNRISE RESOURCES PLC\n(the \"Company\")\n \n14 May 2019\n \n \n \nNEWPERL PROJECT - EXPLORATION PERMIT APPROVAL\n \n \nFurther to its announcement of 24 February 2019, Sunrise Resources plc, the AIM-traded company focusing on the development of its CS Pozzolan-Perlite Project in Nevada, USA, is pleased to announce that its Notice Level permit submission for exploration at the NewPerl Project has been approved by the Bureau of Land Management.\n \n \nHighlights\n \n\nPermitted work programme designed to test the Knoll Prospect at NewPerl.\n\n\nPermit allows for 8 drill holes and bulk sampling up to 1,000 tons.\n \nPerlite from the surface of the Knoll Prospect has returned excellent expansion results in testing for coarse and super coarse horticultural applications.\n\n \n \nCommenting today Sunrise Executive Chairman Patrick Cheetham said: \"We see potential for the NewPerl Project to provide a supplemental feed to the CS Project. Our objective is to define mineable tonnages of premium quality perlite that can be processed using the planned CS Project infrastructure. This will allow us to move into commercial-scale testing of samples from NewPerl at a much earlier stage than was possible for the CS Project.\" \n \n \nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.\n \nFurther information:\n \n\n\n\n\nSunrise Resources plc\nPatrick Cheetham, Executive Chairman\n\n\nTel: +44 (0)1625 838 884\n\n\n\n\n \nBeaumont Cornish Limited \nNominated Adviser \nJames Biddle/Roland Cornish\n\n\nTel: +44 (0)207 628 3396\n\n\n\n\n \nSVS Securities Plc\nBroker\nTom Curran/Ben Tadd\n\n\nTel: +44 (0)203 700 0093\n\n\n\n\n \n \n \n \n \n \n \n \nBackground Information\n \nIn 2018 and early 2019 the Company carried out a number of reconnaissance sampling programmes on its NewPerl Project which is located in Nevada, USA, approximately 85km from its CS Pozzolan-Perlite Project. This resulted in the discovery of extensive outcrops of perlite and the staking of a large number of mining claims.\n \nResults from reconnaissance samples taken from outcropping areas of perlite showed the pot...