Business
UPDATE ON MYRTLE GOLD-SILVER PROJECT
UPDATE ON MYRTLE GOLD-SILVER PROJECT.
About this update from Sunrise Resources Plc
[{"type":"text","content":"\n \n \n 19 May 2022\n \n \n \n SUNRISE RESOURCES PLC\n \n \n \n \n (\"Sunrise\" or the \"Company\")\n \n \n \n \n \n \n \n \n \n UPDATE ON MYRTLE GOLD-SILVER PROJECT\n \n \n \n \n \n \n \n \n Sunrise Resources plc is pleased to advise high grade assay results from sampling and mapping at surface at its Myrtle Gold-Silver Project in Mineral County, Nevada, USA.\n \n \n \n \n \n \n Key Points\n \n \n \n \n \n \n ·\n Company holds 20 mining claims (the \"Company Claims\") surrounding two mining claims over the historic Myrtle Mine owned by another party (the \"Adjoining Myrtle Mine Claims\")\n \n \n \n \n \n ·\n Reconnaissance field mapping and sampling has been carried out on both sets of claims by the Company\n \n \n \n \n \n ·\n On the Adjoining Myrtle Mine Claims, Company samples returned values of up to 142g/t gold (4.1 ounces/ton) from narrow in-situ quartz veins and up to 9.7g/t from quartz vein samples on the Myrtle Mine dumps\n \n \n \n \n \n ·\n Values of up to 3g/t gold from Sunnyside Mine workings on the Company Claims\n \n \n \n \n \n ·\n Silver values of up to 13.2 ounces/ton (452g/t) and up to 4.9% zinc-lead-copper from more distal mineralisation on Company Claims\n \n \n \n \n \n ·\n Intrusive related gold-silver-base metal system suspected\n \n \n \n \n \n ·\n Located in prolific Walker Lane Mineral Belt of epithermal gold silver and porphyry copper deposits\n \n \n \n \n \n \n \n \n \n \n \n \n \n Commenting today, Executive Chairman Patrick Cheetham said:\n \n \n \n \n \n \n \n \n \n \"The assay results from reconnaissance sampling of the Myrtle Project are very promising with different styles of mineralisation developed around what appears to be an intrusive related gold system.\n \n \n \n \n \n \n \n \n \n Very high gold values of up to 142g/t have been returned from the Adjoining Myrtle Mine Claims whilst samples from the Company Claims include gold values of up to 3g/t from the Sunnyside Mine area and 13.2 ounces/ton silver from prospector workings in a more distal setting. A number of separate exploration targets are suggested by this sampling and further exploration is justified\n \n \n \n \n \n \n \n \n \n The development of our core pozzolan and perlite projects remains our priority and only limited funds are ...