Sunrise Resources PLC - focused on industrial mineral projects in Nevada - Tolsa USA Inc says it will not exercise its option to purchase Sunrise's Pioche sepiolite project. However, Tolsa has "suggested it is open to discuss alternative arrangements for the project," Sunrise says. The option was granted in June 2022 and extended for an additional 12 months in December 2023. During negotiations, Tolsa cautioned it would "difficult to correlate specific sepiolite grades (and so values) between drill holes," Sunrise explains, despite large deposits of sepiolite clay having been identified by wide spaced drilling at the site. The company says it has not verified Tolsa's claim due to the lack of data it has provided. Read More
Sunrise Resources PLC - Cheshire, England-based company focused on industrial mineral projects in Nevada - Notes yesterday's announcement by Guardian Metal Resources PLC of results from the ground magnetic and high-resolution induced polarisation survey at the Pilot Mountain and Garfield projects in Nevada on which Sunrise owns a 2% net smelter return royalty. GMR reports at Pilot Mountain a significant magnetic anomaly has been delineated at the Porphyry West target. The ground magnetic survey grid was extended east of Porphyry South, it adds. At Garfield, three dimensional inversion modelling of magnetic data highlights two large deep seated intrusive/magnetic bodies at the high-grade and power line zones. Adds that GMR is finalising drillhole locations and will afterward submit a permit application to the local Bureau of Land Management. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Sunrise Resources PLC - focused on industrial mineral projects in Nevada - Celebrates the US Bureau of Land Management giving approval to the company's phase 2 drilling and trenching programme at its Pioche Sepiolite project in Nevada. "A drill rig is being mobilised to site this weekend and will commence drilling immediately with the objective to extend the known deposits of sepiolite, which are already extensive, and collect additional samples for characterisation," Sunrise says. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Sunrise Resources PLC on Friday said further payments relating to recently sold mining claims are on the horizon. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Sunrise Resources PLC - Cheshire, England-based company focused on industrial mineral projects in Nevada - Says pretax loss narrowed to GBP391,291 in the year ended September 30, from GBP478,223 the year before. Pre-licence exploration costs fell 33% to GBP3,753 from GBP5,638. Does not report revenue for the financial year, unchanged from the previous year. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Sunrise Resources PLC on Wednesday said it has granted an option extension to Tolsa USA Inc for the purchase of its Pioche Sepiolite project. Read More
(Alliance News) - Golden Metal Resources PLC on Monday touted the prospectivity of the Garfield project in Nevada, after testing revealed "extensive" high-grade copper, silver and gold mineralisation. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Sunrise Resources PLC on Friday - Cheshire, England-based company focused on industrial mineral projects in Nevada - Says it expects US consumption of supplementary cementitious materials to rise by 10% per year to 154 million tonnes by 2030 from 129 million in 2021, following a market study to examine cement markets in the states of California and Nevada. Eyes output of natural pozzolan to increase substantially in California and Nevada. Read More
Sunrise Resources PLC - Cheshire, England-based company focused on industrial mineral projects in Nevada - Says resource definition drilling is underway at its Pioche sepiolite project. Says programme is set to drill 24 holes at an average depth of approximately 50 feet. Adds sepiolite producer and subsidiary of Spain-based Tolsa SA, Tolsa USA, has the option to purchase the Pioche project for USD1.3 million no later than December 28. Sunrise Resources would retain 3% revenue royalty on production from the project area should Tolsa purchase the Pioche project. Read More