Sunrise Resources Plc CS Project - Update (2625Z)
13 March 2017 - 9:00PM
UK Regulatory
TIDMSRES
RNS Number : 2625Z
Sunrise Resources Plc
13 March 2017
13 March 2017
Sunrise Resources Plc
CS PROJECT UPDATE
Sunrise Resources plc (ticker symbol 'SRES'), the AIM-traded
diversified mineral exploration and development company ("the
Company"), is pleased to advise the expansion of its CS Project
following the discovery of new zones of natural pozzolan and
perlite.
-- Reconnaissance sample from a new area named as the Tuff Zone,
located 1.7 km southwest of the Main Zone, tests positive for use
as natural pozzolan.
-- Follow-up mapping shows that the Tuff Zone extends over 1.2
km and a width of 200m. Additional samples submitted to Magmatics
Inc. for variability testing.
-- New areas of perlite also identified, sampled, and submitted for expansion testing.
-- Further 22 Mining Claims staked to cover new targets. Project
area now comprises 37 Mining Claims covering 2.9 sq.km.
Commenting today, Executive Chairman Patrick Cheetham said: "The
CS Project continues to deliver exciting results. The newly
identified Tuff Zone has a significant tonnage potential based on
the large surface area mapped so far. New areas of perlite have
also been found within the newly staked claims and samples have
been submitted for expansion testing. There are good markets for
both natural pozzolan and perlite in Nevada and the adjacent state
of California. We expect to provide more detailed information on
the commercial significance of the positive results we have
announced to date when the project development concept study is
completed in the next few weeks."
About Natural Pozzolan
Pozzolan is a cementitious material that can partially replace
ordinary Portland cement in cement and concrete mixes in amounts up
to 35%.
Natural pozzolans, therefore, have strong "green" credentials as
the production of Portland cement is responsible for 5% of the
global man-made carbon dioxide emissions with nearly one tonne of
carbon dioxide (CO(2) ) generated for each tonne of cement
produced. Natural pozzolans can also improve the strength and
chemical resistance of concrete.
Natural pozzolans can also replace industrial by-product
pozzolans such as coal fly ash in cement and concrete mixes. The
availability and quality of fly ash is under threat as coal fired
power stations are phased out and fly ash quality becomes more
variable due to increased emission control legislation.
About Perlite
Perlite is a glassy raw material which, when heated in a
furnace, pops like popcorn and expands by up to 20 times in volume
into a white or pale coloured, low density material.
Expanded perlite is used in various industrial and household
applications such as insulation, paint texturing, building
materials, filter aids (in competition with diatomite), insulating
industrial cryogenic storage vessels and as a potting medium in
gardening and horticulture to aid water retention and aeration of
the soil.
Some perlites can also be used as a natural pozzolan.
Further information:
Sunrise Resources plc
Patrick Cheetham, Executive
Chairman Tel: +44 (0)1625 838 884
Northland Capital Partners
Limited
Nominated Adviser & Broker
Edward Hutton/David Hignell
John Howes/Rob Rees Tel: +44 (0)20 3861 6625
Beaufort Securities Limited
Joint Broker
Jon Belliss Tel: +44 (0)20 7382 8300
Notes
1. This announcement contains inside information for the
purposes of Article 7 of Regulation (EU) 596/2014 of the European
Parliament and of the Council.
2. The information in this release has been compiled and
reviewed by Mr. Patrick Cheetham (MIMMM, MAusIMM) who is a
qualified person for the purposes of the AIM Note for Mining and
Oil & Gas Companies. Mr. Cheetham is a Member of the Institute
of Materials, Minerals & Mining and also a member of the
Australasian Institute of Mining & Metallurgy.
Notes to Editors:
About Sunrise Resources plc
Sunrise Resources plc is an AIM-traded diversified mineral
exploration and development company. The Company's objective is to
develop profitable industrial minerals mining operations to sustain
the Company's wider mineral exploration efforts and create value
for shareholders through the discovery of world-class precious
metal and diamond deposits.
The Company holds a portfolio of industrial minerals projects in
Nevada, USA including deposits of diatomite, natural pozzolan,
perlite and high-grade limestone. It is also exploring for silver,
gold, and diamonds in Nevada and Western Australia.
Shares in the Company trade on AIM. EPIC: "SRES"
Website: www.sunriseresourcesplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
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