Sunrise Resources Provides Update on Pioche Sepiolite Project
Why we think this is neutral
This RNS announcement is a general project update and does not contain any of the mandatory news types specified, such as contract news, order news, trading update, or annual results. As a result, the sentiment score is set to 'NEUTRAL'.
Key Points
- Sunrise Resources has received all remaining samples from the Pioche Sepiolite Project
- Samples will be used for in-house testing and to provide material to interested parties
- 3D modelling has demonstrated the large near-surface extent of the main sepiolite horizon
Summary
Sunrise Resources plc has received all remaining surface and drill samples from its Pioche Sepiolite Project in Nevada, which were collected by Tolsa USA, Inc. during the period it held the project under option. The samples will now be used for additional in-house testing and to provide material to various parties who have expressed interest in the project. The company has also carried out 3D modelling of the sepiolite horizons drilled by Tolsa, demonstrating the large near-surface extent of the main sepiolite horizon.