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Volume 520.0K
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sunrise resources plc (SRES) Snapshot

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09/2/13 - 0.90 GBp
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12/30/13 - 0.45 GBp
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sunrise resources plc (SRES) Details

Sunrise Resources plc is engaged in the identification, acquisition, exploration, and development of mineral projects in Australia, Ireland, and Finland. The company has diamond exploration interests in Western Australia and Finland; and is evaluating a production opportunity for white barite in South-West Ireland. It also holds applications for two gold exploration projects in Western Australia; and has staked claims over a copper-gold project and a diatomite project in Nevada, the United States. The company was formerly known as Sunrise Diamonds plc and changed its name to Sunrise Resources plc in May 2010. Sunrise Resources plc was founded in 2005 and is headquartered in Macclesfield, the United Kingdom.

Founded in 2005

sunrise resources plc (SRES) Top Compensated Officers

Co-Founder, Executive Chairman and Chairman o...
Total Annual Compensation: 12.0K GBP
Compensation as of Fiscal Year 2013.

sunrise resources plc (SRES) Key Developments

Sunrise Resources plc Announces Drilling at Cue Diamond Project in Western Australia and Positive Initial Sampling Results from its Strike Copper Project in Nevada

Sunrise Resources plc announced the start of drilling at its Cue Diamond project in Western Australia and positive initial sampling results from its Strike Copper Project in Nevada. Drill contract signed for Cue Diamond Project. Drilling to start on or around April 1, 2014. Programme aims to evaluate diamond content of Soapy Bore kimberlite and test other targets including a source for diamondiferous kimberlite float at Target 5. Strike Copper Project, Nevada, USA: Preliminary chip samples from workings and trenches returned values up to 3.14% copper over 1.8m and 0.70% over 6.0m. Grab samples returned values up to 2.64% copper. Soil sampling now planned for drill targeting.

Sunrise Resources plc Provides Project Update

Sunrise Resources plc announced details of progress at its Cue diamond project in Western Australia and at the newly acquired County Line Diatomite Project in Nevada, USA. Aboriginal Heritage Survey completed at Cue diamond project - clearance given for all drill sites in proposed program. Clearance includes approved drill programme at Soapy Bore to collect kimberlite sample for diamond evaluation. Contract for preliminary test-work signed with specialist minerals processing Laboratory in Germany. Diatomite samples now at test laboratory. Results expected within 10 weeks.

Sunrise Resources plc Provides Update on Cue Diamond Project, Western Australia

Sunrise Resources plc announced the start of its 2014 exploration programme at the Cue Diamond Project in Western Australia. Preparatory ground geophysical programme completed in December 2013. Aboriginal Heritage Survey to start this month. Drill testing provisionally scheduled for March 2014 with 4 separate areas targeted. Targets include: Target 5 where 280 diamonds were recovered from 251kg of surface float in 2013, Diamondiferous Soapy Bore kimberlites. The company announced that it has recently received work programme approval from the Department of Mines & Petroleum of Western Australia for a drill programme to test various diamond targets at the Cue Diamond Project in Western Australia. Drilling is planned to start in March. To date, exploration by Sunrise, including drilling of the Cue 1 kimberlite, has confirmed the high diamond prospectivity of the licence area and resulted in the discovery of new occurrences of diamondiferous kimberlite on surface as well as defining several other targets for follow up. During December 2013 the Company carried out a programme of ground magnetic surveying in a number of separate areas in order to enhance drill targeting.


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