Sunrise Resources Plc CS Project Drill Start (2202A)
22 December 2017 - 9:26PM
UK Regulatory
TIDMSRES
RNS Number : 2202A
Sunrise Resources Plc
22 December 2017
SUNRISE RESOURCES PLC
("Sunrise" or "the Company")
22 December 2017
DRILL CONTRACT SIGNED FOR DRILLSTART 3 JANUARY 2018
CS POZZOLAN-PERLITE PROJECT, NEVADA
Further to the Company's announcement dated 11 December 2017,
Sunrise Resources plc, the AIM-traded company focusing on the
development of its CS Pozzolan-Perlite Project in Nevada, USA, is
pleased to advise that its Phase 2 drill programme will start on 3
January 2018.
A drill contract has been signed for up to 3,000ft of drilling
at up to 22 different drill sites with the objective to define
permitting boundaries for one or more open-pit mine sites for
production of perlite and pozzolan. The drill programme will
include the Tuff and Main Zones and is estimated to take up to 5
weeks to complete.
CS Project natural pozzolans are glassy volcanic rocks,
including perlite, having potential as a "green" replacement for
Portland cement in cement mixes and concrete mixes. Perlite is also
used as a lightweight industrial material and horticultural growing
medium.
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
ENDS
Notes to Editors:
Sunrise Resources plc is working towards the development of
profitable mining operations at the CS Pozzolan-Perlite Project in
Nevada, USA and to unlock the value inherent in its diverse
portfolio of industrial minerals, precious metals and base metal
projects.
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 in cement such as coal fly ash. The
availability and quality of fly ash is under threat as coal-fired
power stations are phased out in favour of natural gas plants 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, 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.
Notes:
1. The news release may contain certain statements and
expressions of belief, expectation or opinion which are
forward-looking statements, and which relate, inter alia, to the
Company's proposed strategy, plans and objectives or to the
expectations or intentions of the Company's directors. Such
forward-looking statements involve known and unknown risks,
uncertainties and other important factors beyond the control of the
Company that could cause the actual performance or achievements of
the Company to be materially different from such forward-looking
statements. Accordingly, you should not rely unduly on any
forward-looking statements and save as required by the AIM Rules
for Companies or by law, the Company does not accept any obligation
to disseminate any updates or revisions to such forward-looking
statements.
2. This announcement contains inside information.
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
END
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