Last 0.45 GBp
Change Today 0.00 / 0.00%
Volume 978.1K
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As of 12:30 PM 10/31/14 All times are local (Market data is delayed by at least 15 minutes).

sunrise resources plc (SRES) Snapshot

Open
0.45 GBp
Previous Close
0.45 GBp
Day High
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52 Week High
01/8/14 - 0.83 GBp
52 Week Low
05/30/14 - 0.33 GBp
Market Cap
2.3M
Average Volume 10 Days
2.9M
EPS TTM
--
Shares Outstanding
503.3M
EX-Date
--
P/E TM
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Dividend Yield
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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

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sunrise resources plc (SRES) Key Developments

Sunrise Resources plc Reports the Recovery of Diamonds from its Cue Diamond Project in Western Australia

Sunrise Resources plc reported the recovery of diamonds from two high interest samples from its Cue Diamond Project in Western Australia. 15 small samples processed from 9 drill holes at 4 separate target areas; Diamonds recovered from two target areas; Diamonds include a yellow stone - coloured stones not previously seen at Cue; Results validate the company's exploration methods and highlight additional areas for priority follow-up. The results being announced are for the second batch of drill samples submitted for diamond extraction from the Company's April 2014 drill programme. This earlier work unequivocally identified two new kimberlite dyke discoveries - one located 300m northwest of the Soapy Bore Kimberlite and one at the FW Prospect which lies to the NW of Target 5. It also identified a number of high interest samples from Target Areas 6 and 1a. In total, 15 small samples from 9 drill holes at 4 separate target areas were processed for diamond extraction by caustic fusion by Saskatchewan Research Council Geoanalytical Laboratories Diamond Services. SRC is accredited to ISO/IEC 17025:2005. Industry standards have been followed to ensure that the Chain of Custody has been maintained. Soapy Bore Northwest Kimberlite: Originally targeted on the basis of a surface geochemical anomaly, this kimberlite dyke discovery was made in the near surface weathered zone between 8-14m down-hole in drill hole 14CUAC44. A 3.6kg sample was submitted for diamond extraction composited from the interval 11-13m downhole in 14CURC44. Two small diamonds were recovered in the +0.075-0.106mm sieve category with a weight of 1,950 octocarats (10-8 carats). One of these was broken, off-white and translucent with minor inclusions the other was a yellow fragment, transparent and with no inclusions. This is the first time a coloured stone has been found at Cue. No significance should be attached to the small size of the stones recovered from such a small sample. Small stones are invariably the most common in any diamondiferous kimberlite and thus the most likely to be recovered in small samples. The result does, however, show that the Soapy Bore Northwest kimberlite is diamondiferous and that further work on this kimberlite is warranted. Area 6: Area 6 was identified during a field magnetic survey reported in February 2014 and targeted by a traverse of five drill holes, 14CURC48-52. This traverse intersected significant thicknesses of clay in most holes with ambiguous geochemistry suggestive of a possible kimberlite source.

Sunrise Resources plc Reports Diamond Sampling Results from a Drill Sample of the Soapy Bore Kimberlite at its Cue Diamond Project in Western Australia

Sunrise Resources plc reported diamond sampling results from a drill sample of the Soapy Bore kimberlite at its Cue Diamond Project in Western Australia. Highlights: Soapy Bore Kimberlite confirmed as diamondiferous; 227 diamonds recovered from 272kg of kimberlite processed (0.83 stones/kg); Diamond size distribution is less favourable than for Target 5 samples but may be affected by significant diamond breakage. Further evaluation is required; All kimberlite samples tested to date from the Cue Diamond Project are diamondiferous; and Diamond sampling results from other targets expected shortly.

Sunrise Resources plc, Special/Extraordinary Shareholders Meeting, Sep 24, 2014

Sunrise Resources plc, Special/Extraordinary Shareholders Meeting, Sep 24, 2014.

 

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