New discoveries see Sunrise Resources expand CS Project
Diversified mineral exploration and development company Sunrise Resources advised the market of the expansion of its CS Project on Monday, following the discovery of new zones of natural pozzolan and perlite.
The AIM-traded firm said a reconnaissance sample from a new area named as the Tuff Zone, located 1.7 km southwest of the Main Zone, tested positive for use as natural pozzolan.
Follow-up mapping showed that the Tuff Zone extended over 1.2 km and a width of 200m, with additional samples submitted to Magmatics for variability testing.
New areas of perlite were also identified, sampled, and submitted for expansion testing.
Sunrise said a further 22 mining claims were staked to cover new targets, and the project area now comprised 37 mining claims covering 2.9 square kilometres.
“The CS Project continues to deliver exciting results,” said Sunrise executive chairman Patrick Cheetham.
“The newly identified Tuff Zone has a significant tonnage potential based on the large surface area mapped so far.”
Cheetham explained how new areas of perlite had also been found within the newly staked claims and samples had been submitted for expansion testing.
“There are good markets for both natural pozzolan and perlite in Nevada and the adjacent state of California.
“We expect to provide more detailed information on the commercial significance of the positive results we have announced to date when the project development concept study is completed in the next few weeks.”