Business
NewPerl Project - new perlite discoveries
NewPerl Project - new perlite discoveries.
About this update from Sunrise Resources Plc
[{"type":"text","content":"\n \nRNS Number : 7656F Sunrise Resources Plc 31 October 2018 \n\n \n \n \nSUNRISE RESOURCES PLC\n(\"Sunrise\" or the \"Company\")\n31 October 2018\n \nNEWPERL PROJECT - NEW PERLITE DISCOVERIES\n \nSunrise Resources plc, the AIM-traded company focusing on the development of its CS Pozzolan-Perlite Project in Nevada, USA, is pleased to announce the discovery of further extensive areas of perlite at its NewPerl Project which is located approximately 85km from its CS Project in Nevada, USA. \n \n \nHighlights\n \n· Recent mapping has identified new, large areas of outcropping perlite. \n \n· Additional 40 claims staked.\n \n· Project claim area increased by over 250%.\n \n· Additional samples from new discovery areas submitted for characterisation and testing for horticultural grade perlite. \n \n \nCommenting today Sunrise Executive Chairman Patrick Cheetham said: \"I am pleased to be announcing the expansion of our claim holdings at the NewPerl Project. This new discovery is proof of concept of the targeting method that originally led us to the discovery of the perlite and pozzolan deposits at our CS Project and which we now know can be successfully applied elsewhere. We have now found and claimed extensive areas of perlite at NewPerl, at multiple separate locations. Earlier testing results from the initial discovery outcrops tested positive for expansion to horticultural grade perlite and the additional samples collected from these new areas during the latest mapping programme appear to be similar. These samples are now at the lab in Greece for testing. It is too early to say how the NewPerl Project will fit in with the development of our CS Project - which is clearly our priority - but it adds value to and has synergy with the business we are developing.\"\n \nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.\n \nFurther information:\n \n\n\n\nSunrise Resources plc\nPatrick Cheetham, Executive Chairman \n\n\nTel:\n\n\n+44 (0)1625 838 884\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNorthland Capital Partners Limited\nNominated Adviser & Joint Broker\nMatthew Johnson/Edward Hutton/\nJa...