Bekanntmachung • Apr 24
Sunrise Resources plc has completed a Follow-on Equity Offering in the amount of £0.048468 million. Sunrise Resources plc has completed a Follow-on Equity Offering in the amount of £0.048468 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 193,870,440
Price\Range: £0.00025 Bekanntmachung • Apr 21
Sunrise Resources plc has filed a Follow-on Equity Offering in the amount of £0.05 million. Sunrise Resources plc has filed a Follow-on Equity Offering in the amount of £0.05 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 200,000,000
Price\Range: £0.00025 Bekanntmachung • Apr 13
Sunrise Resources plc has completed a Follow-on Equity Offering in the amount of £0.225 million. Sunrise Resources plc has completed a Follow-on Equity Offering in the amount of £0.225 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 900,000,000
Price\Range: £0.00025
Transaction Features: Subsequent Direct Listing Bekanntmachung • Feb 24
Sunrise Resources plc, Annual General Meeting, Mar 25, 2026 Sunrise Resources plc, Annual General Meeting, Mar 25, 2026. Bekanntmachung • Jan 08
Sunrise Resources plc Announces Positive Test Results from Its Pioche Sepiolite Project in Nevada, USA Sunrise Resources plc provided the following report on a field-work programme carried out at Pioche in December 2025. New field programme completed in December 2025. Sepiolite outcrops located and sampled for further performance testing - seven mini-bulk samples collected. Detailed review of core samples from 2024 drilling suggests additional layers and thicknesses of sepiolite not previously sampled or tested. Forty-four additional core samples selected for performance testing. New samples provided to interested party, a large European industrial minerals company. Samples collected will also support a planned Phase 3 testwork programme to apply Company's processing methodology across a wider range of samples, particularly for sepiolite applications in the valuable US oil and gas drilling markets. New Risk • Dec 07
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m (UK£53k revenue, or US$70k). Market cap is less than US$10m (UK£1.72m market cap, or US$2.29m). Minor Risk Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Bekanntmachung • Nov 01
Sunrise Resources plc Provides an Update for its Pioche Sepiolite Project in Nevada, USA Sunrise Resources plc provided an update for its Pioche Sepiolite Project in Nevada, USA, following the completion of a second phase of developmental testwork. Phase 2 testwork confirms Pioche sepiolite as a suitable gelling clay to replace Amargosa sepiolite and Florida attapulgite. Process breakthrough yielded results comparable to 'gold-standard' Spanish sepiolite in high-value gelling applications. Bench-scale processing of samples being ramped up to provide processed samples for customer trials. Commercial processing routes now being evaluated. Sepiolite is a naturally occurring, fibrous clay mineral (a hydrous magnesium silicate) that is rarely found in commercial quantities. On the Company's Pioche Project, sepiolite clays have been shown by drilling and surface sampling to occur at surface and at shallow depth over at least a 2.6 x 1.3km area with cumulative thicknesses up to several metres. Sepiolite typically sells in the range USD 150-800/ton with specialty surface treated grades commanding a value over USD 1,800/ton. In 2022, Tolsa USA Inc., a US subsidiary of Spanish sepiolite producer Tolsa SA, entered into an option to purchase agreement with the Company and explored the property until December 2024 when the option period expired. Tolsa completed programmes of geological mapping, trenching, auger drilling and sonic drilling. This identified two (possibly three) sub-horizontal and extensive sepiolite beds outcropping intermittently along the margins of two mesas now known as the West and East Mesa areas. A silica rich caprock tops the sepiolite at the discovery location forming low mesas and slated ridgetops. Bekanntmachung • Sep 17
Sunrise Resources plc Receives BLM Approval for Drill Testing Sunrise Resources plc announced that the CS Project is "mine-ready" with key operating permits already in place covering 14.5 million tons of natural pozzolan and 1.3 million tons of perlite. An additional area, the Northeast Zone, presents a large additional target with surface dimensions of 1.3km by 0.6km with a drilled thickness of over 40m from surface. The CS Project natural pozzolan is a supplementary cementitious material ("SCM"), a partial substitute for Portland cement in the production of green cements and concrete. The Company advised that, as part of ongoing discussions with potential customers, the Company has now provided a truckload sample, approximately 25 tons of CS natural pozzolan, to a potentially large customer for testing and market trials. Further information will be provided should this result in a material agreement. New Risk • Aug 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 39% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m (UK£53k revenue, or US$70k). Market cap is less than US$10m (UK£1.24m market cap, or US$1.65m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Bekanntmachung • Aug 01
Sunrise Resources plc has completed a Follow-on Equity Offering in the amount of £0.05 million. Sunrise Resources plc has completed a Follow-on Equity Offering in the amount of £0.05 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 294,117,647
Price\Range: £0.00017 Bekanntmachung • Jul 25
Sunrise Resources plc Provides Update on Pioche Sepiolite Project Sunrise Resources plc advised that it has now taken delivery of all remaining surface and drill samples from its Pioche Sepiolite Project in Nevada. The samples were collected by Tolsa USA Inc. ("Tolsa"), during the period it held the project under option from the Company (June 2022 to December 2024). The samples have a cumulative weight of approximately one tonne and have been shipped from Tolsa's head office in Spain. The samples come from surface trenching and two periods of drilling using auger and sonic drill rigs. The sepiolite samples will now be used for additional in-house testing by the Company's partner in the project, Tom Powell, an expert in sepiolite, and to provide material to various parties who have expressed interest in the Pioche Project since Tolsa's withdrawal from the project at the end of 2024. The results from Company's work on a small subset of samples shipped in advance of the main consignment were reported in a news release dated 15 April 2025. Those results compare very favourably with commercially available sepiolite in the US and confirm the commercial potential of the large sepiolite clay deposits at Pioche across a range of applications including critical saltwater applications in the valuable oil and gas drilling market. Since then, the Company has carried out 3D modelling of the sepiolite horizons drilled by Tolsa. This work has demonstrated that the main sepiolite horizon can be correlated between drill holes, despite their wide spacing. A drill plan and schematic drill cross sections can be found at the end of this news release, illustrating the large near surface extent of the main sepiolite horizon and a second, lower sepiolite horizon, seen only in deeper drill holes. New Risk • Jul 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£148k free cash flow). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m (UK£53k revenue, or US$71k). Market cap is less than US$10m (UK£885.3k market cap, or US$1.19m). Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change). New Risk • May 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£151k free cash flow). Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m (UK£112k revenue, or US$149k). Market cap is less than US$10m (UK£763.6k market cap, or US$1.01m). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (29% increase in shares outstanding). Bekanntmachung • Apr 15
Sunrise Resources plc Announces Positive Results from its First Evaluation Programme for Samples from its Pioche Sepiolite Project in Nevada, USA Sunrise Resources plc announced positive results from its first evaluation programme for samples from its Pioche Sepiolite Project (the Project) in Nevada, USA, since resuming management of the Project. Highlights: Sepiolite is a rare industrial clay found in only a few commercial deposits around the world. Evaluation tests carried out to simulate processing methods employed for commercial sepiolite production in the United States. Results: Results: compare very favourably with commercially available sepiolite in the US; confirm the commercial potential of the large sepiolite clay deposits at Pioche across a range of applications including critical saltwater applications in the valuable oil and gas drilling market; and allow the Company to identify higher grade areas within the several square kilometre area in which sepiolite has been drilled to date. Board Change • Apr 02
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director James Cole was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Mar 31
Sunrise Resources plc Announces Retirement of Roger Murphy as Non-Executive Director Sunrise Resources plc announced that, following the recent appointment of Mr. Adam Hainsworth as a non-executive director, Mr. Roger Murphy has stepped down from his position as a non-executive director. Mr. Murphy has been a non-executive director of the Company since May 2016 and has served as Chairman of the Remuneration Committee during that period. Mr. Murphy has stepped down to devote more time to family and his private business interests. Mr. Hainsworth will assume the role of Chairman of the Remuneration Committee. Bekanntmachung • Mar 10
Sunrise Resources plc Appoints Adam Hainsworth as Non- Executive Director, Effective 14 March 2025 Sunrise Resources plc announced the appointment of Mr. Adam Hainsworth as a non- executive director of the Company with effect from 14 March 2025, the day following the Company's Annual General Meeting. Mr. Hainsworth is a longstanding and significant shareholder in the Company. He is a chartered accountant by training and has extensive commercial and transactional experience, having spent the majority of his career working for his family's textile business, AW Hainsworth & Sons Limited, in a variety of roles including as a commercial director. Mr. Adam Wilson Hainsworth, aged 63 having Current Directorships/Partnerships at Double A Properties Partnership LLP. Past Directorships/Partnerships (within 5 years); AW Hainsworth & Sons Limited, AW Hainsworth Holdings Limited, AW Hainsworth Property Limited, Spring Valley Trading Limited, The Atkinson Dyeing Company Limited, Forge Lane Partnership LLP, Huddersfield & District Textile Training Company Limited, Huddersfield Textile Training Limited. New Risk • Feb 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£151k free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m (UK£112k revenue, or US$142k). Market cap is less than US$10m (UK£1.03m market cap, or US$1.31m). Minor Risk Shareholders have been diluted in the past year (25% increase in shares outstanding). Bekanntmachung • Feb 15
Sunrise Resources plc, Annual General Meeting, Mar 13, 2025 Sunrise Resources plc, Annual General Meeting, Mar 13, 2025. Location: arundel house, 6 temple place, london wc2r 2pg United Kingdom New Risk • Feb 14
New major risk - Revenue and earnings growth Earnings have declined by 7.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 7.7% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (UK£1.24m market cap, or US$1.56m). Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding). Bekanntmachung • Feb 14
Sunrise Resources plc Provides Update on Pioche Sepiolite Project Sunrise Resources plc wishes to advise that it has now received a data package from Tolsa giving details of exploration work and results obtained by Tolsa during its evaluation of the Pioche Sepiolite Project in Nevada, USA. Sepiolite is an important speciality clay used mainly for its gelling and absorbing properties. Highlights: Data package covers results for all work carried out by Tolsa since exploration commenced in 2022, including: Geological mapping, trenching, surface sampling, auger drilling (20 holes drilled in 2023) and sonic drilling (10 holes drilled in 2024). Specialist testing results for samples from the above field programmes. Data has been reviewed in conjunction with sepiolite expert Tom Powell1 with the following conclusions: Extensive sepiolite beds have been discovered over an area of 2.6km x 1.3km with samples containing up to 92% sepiolite. Outer limits of sepiolite deposit not yet defined. Drill spacing is too wide (average c. 300m) for effective correlation of sepiolite beds. East Mesa Area is a priority and large target area where the best sepiolite occurs over a large area (see accompanying map). Drilling has not adequately tested the West Mesa (discovery) Area. Sepiolite morphology (important for commercial properties) is similar to that found in the IMV sepiolite mine in the Amargosa Valley, Nevada, but different to Tolsa's Spanish sepiolite. No testwork reported by Tolsa to evaluate the potential for use of Pioche sepiolite for gelling saltwater in the US oil/gas drilling market, for which Amargosa Valley-type sepiolite is well suited. Timing for new market entrant is favourable due to: Expectation of a strong increase in oil/gas well drilling activity under the Trump Administration. The existential environmental threats to the Amargosa Valley sepiolite mine, the only producer of sepiolite in the USA. Tom Powell is an acknowledge expert of speciality clays and holds patents on the formulation and use of speciality clays in OTC pharmaceuticals and oil & gas drilling. He was formerly General Manager of the Amargosa Valley sepiolite mining operations for IMV. Mr. Powell works with the Company on 20% Finders fee basis in connection with any income received by the Company from parties he introduces to the Company. Bekanntmachung • Dec 17
Sunrise Resources plc Completes the Mining and Shipping of A 20-Ton Bulk Sample from its CS Natural Pozzolan Project Located in South Central Nevada, USA Sunrise Resources plc announced that it has now completed the mining and shipping of a 20-ton bulk sample from its CS Natural Pozzolan Project located in south central Nevada, USA. The sample has been provided to an established industrial minerals company which is considering use of natural pozzolan as a beneficial additive to their cementitious materials range following a programme of successful laboratory based testing. The bulk sample will be milled and mixed with other cementitious materials to produce a blended material for customer evaluation. The CS Project is "mine-ready" with key operating permits already in place covering 14.5 million tons of pozzolan and 1.3 million tons of perlite. An additional area, the Northeast Zone, presents a large additional target with surface dimensions of 1.3km by 0.6km with a drilled thickness of over 40m from surface. New Risk • Dec 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (UK£1.91m market cap, or US$2.41m). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Share price has been volatile over the past 3 months (8.1% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding). Bekanntmachung • Dec 05
Sunrise Resources plc Provides Update for Its Two Natural Pozzolan Projects in Nevada, USA Sunrise Resources plc provided the following update for its two natural pozzolan projects in Nevada, USA. The CS Project, located in south central Nevada, is "mine-ready" with key operating permits already in place covering 14.5 million tons of pozzolan and 1.3 million tons of perlite. An additional area, the Northeast Zone, presents a large additional target for natural pozzolan. Pozzolan extraction from the CS Project is aimed at the cement and concrete markets of southern California. The Hazen Project is an earlier stage project and is located close to Reno in northern Nevada and northern California. For some time now, the Company has been in discussions with various groups with the objective of securing investment and material offtake agreements for the development of both projects. These discussions usually involve extensive testing programmes to evaluate the performance of a specific pozzolan when blended with proprietary cements and/or cement blends. Currently, discussions and testwork are progressing with four separate groups: a large multinational cement company that has extensive cement and ready-mix businesses in the western USA. Discussions with this company originated some time ago and have recently been revived with renewed testwork in progress aimed at introducing the Company's natural pozzolan into its ready-mix products. an existing multinational industrial minerals producer looking to produce various cementitious materials for the mining industry. This company has completed initial due diligence testwork and a due diligence field visit to the CS Project. an established industrial minerals company which is considering use of natural pozzolan as a beneficial additive to their existing planned production of cementitious materials and is continuing its testwork programme. Initial testwork was successful and a 25-ton bulk sample has been requested for grinding testwork and to produce samples for customer evaluation. a private group looking for opportunities to establish a new natural pozzolan grinding facility in Nevada. Testwork is nearing completion. The nature of the discussions, and possible deal structures, are different in each case, reflecting the different objectives of the interested parties. Ongoing discussions have included simple offtake arrangements, joint production arrangements and the outright sale of the projects. Some discussions relate to just one of the pozzolan projects, others to both. Bekanntmachung • Sep 26
Sunrise Resources plc Announces Further High-Grade Zinc, Lead-Silver Analytical Results from Recent Sampling At Its Reese Ridge Zinc-Lead-Silver Project in Nevada, USA Sunrise Resources plc announced further high-grade zinc, lead and silver analytical results from recent sampling at its Reese Ridge Zinc-Lead-Silver (-Gallium) Project in Nevada, USA. The Company's wholly owned Reese Ridge Project is located on the south side of the prospective Humboldt Structural Zone, 52 miles south-southwest of Battle Mountain, Nevada. The project covers a ridge-forming fault-bounded horst block of limestones/shales fault-juxtaposed against younger shales all bounded to the east and west by Tertiary age volcano-sedimentary basins. The limestone is host to numerous conspicuous iron-rich gossans derived from massive and semi-massive sulphides which also attracted the Company's attention and that of early prospectors looking for silver. These gossans have exotic geochemistry and consistently anomalous zinc, lead and silver with values up to 6.8% zinc, 3.3% lead and 51g/t silver. Forty-three samples taken from these gossans and old workings averaged 0.86% zinc. Subsequently, prospecting by the Company yielded a sample of unremarkable limestone containing a few spots of the lead sulphide mineral galena and a high-grade analysis of 15.9% zinc (alongside 0.3% lead and 17ppm silver). Follow-up sampling yielded high-grade samples containing up to 29.6% zinc, 0.3% lead, 7ppm silver, 68ppm gallium. These high-grade samples tend to be iron-poor in comparison and the zinc is contained as oxide and/or carbonate minerals that are difficult to identify in the field in an area where the rocks are significantly altered and do not have the stand-out characteristics of iron-rich gossans and are easily overlooked. Recently, in July, the Company contracted geological consultants, Big Rock Exploration, to carry out a 3-day field reconnaissance programme using a pXRF analyser to gather real-time field information on the zinc, lead and silver levels across different parts of the project area. Extreme summer temperatures were experienced during the fieldwork (+40oC) which adversely affected the operation of the pXRF and the accuracy of readings. The pXRF did, however, help direct the collection of field samples for subsequent laboratory geochemical analysis. Laboratory analytical results are now available and have highlighted an area some 260m west of the previously identified high-grade samples where two rock samples yielded very high lead, zinc and silver results as follows: Ø+24.5% combined lead-zinc and 383g/t silver in sample 24RR-AL19. (4.5% zinc and greater than 20% lead, the upper instrument detection limit for the chosen analytical method) Ø18.6% combined zinc-lead and 51g/t silver in sample 24RR-AL18. (11.7% zinc and 6.9% lead) Sample 24RR-AL18 was taken from an old mine dump whereas sample 24RR-AL19 was taken from a rock outcrop. Outcrop in the project area is generally very poor due to the extensive scree deposits. Consistent with the analytical results from previously reported high-grade samples, the above samples have a relatively low iron content. Additional samples of the more iron-rich gossans collected during the recent sampling programme contained consistently anomalous zinc contents in the range 0.1-3.2% zinc. Widespread barite was also reported from scree by Big Rock Exploration. Previous samples from Reese Ridge have shown high levels of gallium, up to 69ppm. Gallium is an essential mineral in the production of semi-conductors and is increasingly used in the production of solar panels and high frequency computer chips. It is extracted from some zinc ores and approximately 80% of the world's gallium is produced in China. China has placed some restrictions on the export of gallium and gallium compounds. The analytical method used for the most recent samples had a lower detection limit for gallium that was too high (50ppm) to give meaningful results. In its news release of 31 October 2023, the Company announced that modelling of historical airborne geophysical data had confirmed a large annular zone of low resistivity (high conductivity) below the surface mineralisation that extends from just below near surface to a depth of nearly 1,000m. This annular zone surrounds a core of high resistivity which the Company interprets as a granitic intrusion. All of the high-grade mineralisation found to date overlies this low resistivity zone which the Company believes could be indicative of a significant zone of sulphide mineralisation. The geological setting and geological features of the target are consistent with a Carbonate Replacement Deposit style of mineralisation. These can be large and high-grade. A relevant example is the Hermosa Project in the neighbouring State of Arizona which was acquired by South32 in a USD1.3 billion takeover and which includes the Taylor Deposit (138 million tonne Mineral Resource with a zinc equivalent grade of 8.61%) now under development. A more recent CRD discovery has been made in Nevada by i-80 Gold at the Ruby Hill Project where spectacular zinc and silver drill intersections have been reported. The Reese Ridge project represents a significant opportunity for the Company. Further work is justified to include ground geophysics and drilling. Bekanntmachung • Aug 13
Sunrise Resources plc Announces Phase 2 Drilling and Pitting Programme at its Pioche Sepiolite Project in Nevada, USA Sunrise Resources plc announced that the Phase 2 drilling and pitting programme at its Pioche Sepiolite Project in Nevada, USA has been successfully completed. Summary: Drilling was carried out using the sonic drilling method1 by drilling contractor Harris Exploration. Drilling focussed on the central and eastern area of the claim block (2022 drilling focussed on the central and western areas). 12 vertical holes completed for a total of 460m over an area of 160 ha. 6 pits were dug using an excavator to sample well defined sepiolite beds at surface over a strike length 2.7km. 107 separate drill samples and 6 pit samples have been sent to Tolsa's lab in Spain for sepiolite characterisation. The drill programme was managed and funded by Tolsa USA Inc. New Risk • Aug 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (UK£2.29m market cap, or US$2.92m). Minor Risk Shareholders have been diluted in the past year (20% increase in shares outstanding). Bekanntmachung • Jul 02
Sunrise Resources plc has completed a Follow-on Equity Offering in the amount of £0.2015 million. Sunrise Resources plc has completed a Follow-on Equity Offering in the amount of £0.2015 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 279,000,000
Price\Range: £0.0005
Security Features: Attached Warrants
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 124,000,000
Price\Range: £0.0005
Security Features: Attached Warrants
Transaction Features: Subsequent Direct Listing Board Change • Jun 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. Independent Non-Executive Director James Cole was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£385k free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (UK£1.45m market cap, or US$1.84m). Minor Risk Shareholders have been diluted in the past year (5.5% increase in shares outstanding). Bekanntmachung • Jan 24
Sunrise Resources plc, Annual General Meeting, Feb 22, 2024 Sunrise Resources plc, Annual General Meeting, Feb 22, 2024, at 10:00 Coordinated Universal Time. New Risk • Jan 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (UK£2.56m market cap, or US$3.25m). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Share price has been volatile over the past 3 months (8.1% average weekly change). Shareholders have been diluted in the past year (4.1% increase in shares outstanding). New Risk • Dec 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£284k free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (UK£2.66m market cap, or US$3.37m). Minor Risks Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Bekanntmachung • Sep 15
Sunrise Resources plc Provides Project Update Sunrise Resources plc provided the following project update and to release the findings of a market study commissioned by the Company to evaluate market opportunities and market growth predictions for cement and the use of supplementary cementitious materials (‘SCMs’), including natural pozzolan, in the USA, and California and Nevada in particular. The Market Study: was commissioned by the Company with Cement Distribution Consultants, Amsterdam to examine the cement markets in California and Nevada which are being targeted by the Company with its CS and Hazen natural pozzolan projects in Nevada; provides the Company with a detailed breakdown of cement markets, county by county in California and for the two main population centres in Nevada (Reno-n northern Nevada and Las Vegas-Henderson); details the production profiles of all cement producers and ready-mix companies in California and Nevada and details movements of cement within and between different US states. Forecasts, considering the US as a whole: · The consumption of cementitious materials (including ordinary Portland cement) is forecast to increase at 10% annualised rate from just over 129 million tonnes in 2021 to over 154 million tonnes by 2030. The production of ordinary Portland cement will be largely static as no new cement plants will be built or existing plants expanded. The increased consumption of cement will come entirely from increased use of the main SCMs. US consumption and production of natural pozzolan will increase from a very low base in 2021 to nearly 6 million tonnes per annum by 2030. Forecasts for California and Nevada: Production of natural pozzolan is forecast to increase substantially in both states based on known resources of volcanic natural pozzolan which include both the Company's Hazen and CS Projects in Nevada. The Company's natural pozzolan projects are well placed to benefit from these structural changes in the cement and concrete industries. California and Nevada together are expected to produce 62% of all SCMs consumed in the US. Project Updates - Hazen and CS Natural Pozzolan Projects: The Company's natural pozzolan projects are well placed to benefit from these structural changes in the cement and concrete industries and the forecast increase in the market for natural pozzolan. The Company is currently waiting for a bulk sample from its Hazen pozzolan project to be test ground in a commercial grinding mill by an existing producer of natural pozzolan. It is also discussing joint development of its CS Project with three companies. One, a large cement and ready-mix group, has successfully completed an extensive programme of testwork. The second is a materials company that is currently undertaking its own testwork and the third is a cement company that is just starting its evaluation of the CS Project. New Risk • Aug 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-UK£284k free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (UK£4.22m market cap, or US$5.37m). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Shareholders have been diluted in the past year (5.0% increase in shares outstanding). Bekanntmachung • Jul 25
Sunrise Resources plc Announces Resource Definition Drilling Programme in Progress Sunrise Resources plc advised that resource definition drilling is now underway at its Pioche Sepiolite Project in Nevada, USA. Highlights: 24 drill hole programme provisionally planned. Holes being drilled by truck mounted auger drill to planned average depth of approx. 50ft. Shallow drilling reflects the surface and near surface position of mapped and trenched sub-horizontal sepiolite beds, amenable to open pit mining. Tolsa has an option to purchase the Pioche Project for USD 1.25 million no later than 28 December 2023. Sunrise to retain 3% revenue royalty on production from the project area should Tolsa purchase the Pioche Project. Bekanntmachung • Jun 29
Sunrise Resources plc Announces Receipt of High-Grade Zinc, Lead and Silver Analytical Results from Samples Collected During a Recent Field Visit to the Reese Ridge Project in Nevada, USA Sunrise Resources plc announced the receipt of high-grade zinc, lead and silver analytical results from samples collected during a recent field visit to the Reese Ridge Project in Nevada, USA. Highlights: Field visit made to follow up on a Company reconnaissance mapping sample that had yielded an unexpectedly high zinc content of 15.9% zinc. Original sample site has been revisited and two additional grab samples yielded: O Sample No 52303: 13.6% zinc, 12.8% lead, 146ppm silver. O Sample No.52304: 29.6% zinc, 0.3% lead, 7ppm silver. Samples occur within a larger altered area containing widespread zinc-lead-silver values. Low resistivity zone defined during historical geothermal exploration programme is a priority drill target. Geological setting and mineralogical evaluation of the samples suggests a Carbonate Replacement Deposit ("CRD") style of base-precious metal mineralisation. CRD deposits can be large and high-grade as seen in the Taylor (Herosa) Deposit in the neighbouring State of Arizona which was purchased by South 32 for $1.6 billion in 2018 and is now under development. Bekanntmachung • Jun 13
Sunrise Resources plc Announces Tolsa USA Inc. Receives Approval from the US Bureau of Land Management for its Planned Resource Definition Drill Programme Sunrise Resources plc announced that the Tolsa USA Inc., the company holding an option to purchase the Company's Pioche Sepiolite Project in Nevada, has now received approvals from the US Bureau of Land Management for its planned resource definition drill programme. Highlights: 24 drill holes now approved by BLM, spread over an area 2.5km x 2km. Holes will be drilled by truck mounted auger drill to average depth of approx. 50ft. Shallow drilling reflects the surface and near surface position of mapped and trenched sub-horizontal sepiolite beds, amenable to open pit mining. Drilling is now scheduled for mid-July. Tolsa has an option to purchase the Pioche Project for USD 1.25 million no later than 28 December 2023. Sunrise to retain 3% revenue royalty on production from the project area should Tolsa purchase the Pioche Project. Bekanntmachung • Dec 13
Sunrise Resources plc, Annual General Meeting, Feb 17, 2023 Sunrise Resources plc, Annual General Meeting, Feb 17, 2023, at 10:00 Coordinated Universal Time. Agenda: To re-electi and seeking approval for resolutions to allow for the issue of new shares; and to consider other matters. Bekanntmachung • May 19
Sunrise Resources plc Advise High-Grade Assay Results from Sampling and Mapping At the Surface At Its Myrtle Gold-Silver Project in Mineral County, Nevada, USA Sunrise Resources plc is advise high-grade assay results from sampling and mapping at the surface at its Myrtle Gold-Silver Project in Mineral County, Nevada, USA. Company holds 20 mining claims surrounding two mining claims over the historic Myrtle Mine owned by another party. Reconnaissance field mapping and sampling have been carried out on both sets of claims by the Company. On the Adjoining Myrtle Mine Claims, Company samples returned values of up to 142g/t gold (4.1 ounces/ton) from narrow in-situ quartz veins and up to 9.7g/t from quartz vein samples on the Myrtle Mine dumps. Values of up to 3g/t gold from Sunnyside Mine workings on the Company Claims. Silver values of up to 13.2 ounces/ton (452g/t) and up to 4.9% zinc-lead-copper from more distal mineralisation on Company Claims. Intrusive related gold-silver-base metal system suspected and Located in prolific Walker Lane Mineral Belt of epithermal gold-silver and porphyry copper deposits. Bekanntmachung • May 12
Sunrise Resources plc Applies to the California Department of Transport for Conditional Approval of Cs Natural Pozzolan for Use in California State Infrastructure Projects Sunrise Resources plc advised that it has applied to the California Department of Transport for conditional approval of CS natural pozzolan for use in California State infrastructure projects. Caltrans is the Government body responsible for the award of State funded infrastructure construction projects in California. Caltrans Standard Specifications for concrete mandate the use of supplementary cementitious materials such as natural pozzolan in order to improve the durability and sustainability of its concrete structures. In order for a construction material to be used in a Caltrans project it must be officially approved and listed on Caltrans's Authorized Materials List. In order to be listed, a material must be commercially available with 6 months test data from production. However, it has recently become possible for new sources of construction materials to be approved on a conditional basis and, in the case of natural pozzolan, it must meet the specifications for 1AASHTO M295 and 2ASTM C1567. Caltrans will test the CS natural pozzolan against these specifications. The Company is confident that its CS natural pozzolan meets these specifications based on its own independent testing under these standards. Bekanntmachung • Aug 24
Sunrise Resources plc Announces Baker's Gold Project - Drilling Update Sunrise Resources plc announced a 25% increase in gold grades from re-analysis of the reported high-grade drill samples at its Baker's Gold Project in Western Australia when compared to those announced on 29 June 2021. Routine re-analysis of high-grade samples carried out to evaluate possible nugget effect. New reporting interval in Hole 21SBRC002 on DLR4 Target, analysed by 1kg bulk cyanide leach and leach tail fire assay: 2m grading 14.4 g/t gold from 64m downhole including 1m grading 26.5 g/t gold. Previously reported interval from Hole 21SBRC002 on DLR4 Target analysed by 50g fire assay: 2m grading 11.5 g/t gold from 64m downhole including 1m grading 20.4 g/t gold. 95% of contained gold is cyanide leachable. The Baker's Gold Project is located 25 kilometres south-east of Meekatharra in the Murchison Goldfield of Western Australia. It lies on the eastern limb of the Meekatharra Greenstone Belt which has yielded several million ounces of gold and contains a number of present and past producing gold mines. The Company's Baker's prospecting licences contain a number of areas where metal detecting has previously produced significant quantities of gold nuggets and gold-quartz specimens. Information on the drill programme caried out at Baker's, and the results obtained, is contained in the Company's announcement of 29 June 2021. In any sample containing gold, the gold grains can be variable in size and/or unevenly distributed through the sample (so called nuggety distribution). Consequently, the larger the sample the more likely that it will contain a representative number and size of gold grains. Routinely individual drill samples of approx. 2-4kg are submitted to the analytical laboratory where typically they are crushed to a size 70% below 2mm and then a split off the crushed sample, typically 250g-1kg is pulverised to a size of 85% below 75 microns. An aliquot ("charge") is taken from the pulverised material for extraction and measurement of the gold content and the balance of the pulp, the pulp reject, is stored. In traditional wet chemical methods only 0.25-0.75 grammes of pulverised sample is chemically digested for gold extraction. A fire assay method is preferred because a larger (10-50g) charge is used for gold extraction and measurement and the extraction is usually considered total. Bekanntmachung • Jun 30
Sunrise Resources plc Announces Drilling Results of Baker’s Project Sunrise Resources plc advised that high-grade gold assay results have been received from the recently completed drill programme at its wholly owned Baker's Gold Project in the Meekatharra District of the Murchison Goldfield in Western Australia. The Baker's Gold Project is located 25 kilometres south-east of Meekatharra in the Murchison Goldfield of Western Australia. It lies on the eastern limb of the Meekatharra Greenstone Belt which has yielded several million ounces of gold and contains a number of present and past producing gold mines. The project area has seen various rounds of historical exploration including separate programmes of wide-spaced but shallow percussion drilling. Sunrise has previously carried out mapping and three rounds of soil sampling generating a number of gold-in-soil anomalies which, together with historical exploration results, have defined the three targets which have recently been drill tested. Five holes were drilled for a total of 589m using the reverse circulation percussion method as detailed in the Company's news release of 29 April 2021. Drill samples were collected every metre down hole and analysed for gold at independent geochemical laboratory, ALS Perth, using 50g charge fire assays. The Target is named after the hole number of a shallow historic rotary air blast drill hole (DLR4) which was completed by Australian Consolidated Minerals in 1987. Historic hole DLR4 averaged 0.55 g/t gold over the 22m interval from 2m down hole depth to the end of hole at 24m and the final 2m sample assayed 1.17 g/t gold. Project-wide and follow-up soil sampling carried out by Sunrise defined a 500m long zone of gold-in-soil anomalies centred on hole DLR4. Quartz float can be observed at surface and appears to be the target for the historical drilling. Three holes, 21SBRC002, 3 & 5, were drilled at 50m spacing in a fence configuration across the soil anomaly with the most north-easterly hole in the traverse, 21SBRC002, encountering high-grade gold mineralisation proximal to historical hole DLR4. A 2m interval from 64m down hole (approximately 50m below surface) graded 11.50 g/t gold and included a 1m interval grading 20.40 g/t gold. A 7-metre zone with low-grade gold values was intersected immediately below. The Company believes the DLR4 Target to be highly prospective being currently open along strike and at depth. Further drilling is justified to determine the orientation and extent of the newly discovered high-grade mineralisation. One hole was drilled at the Dicky Lee pit, 21SBRC001, to follow up on historical drill results which encountered wide intervals of low-grade gold mineralisation. 21SBRC001 was drilled to a depth of 196m and intersected a number of narrow low-grade gold mineralisation with a best intersection of 1m grading 2.19 g/t Au. The Third Target was a narrow zone of prospector scale working where sampling by the Company has returned high gold values. This target was speculative and tested by a single drill hole, 21SBRC004, but no significant results were returned. Bekanntmachung • Jun 18
Power Metal Resources plc (AIM:POW) agreed to acquire Non-Core Garfield and Stonewall properties in Nevada, US from Sunrise Resources plc (AIM:SRES) for GBP 0.07 million. Power Metal Resources plc (AIM:POW) agreed to acquire Non-Core Garfield and Stonewall properties in Nevada, US from Sunrise Resources plc (AIM:SRES) for GBP 0.07 million on June 17, 2021. The consideration includes GBP 0.02 million in cash and 2.3 million shares in Power Metal. Executive Departure • Jun 02
Senior Independent Non-Executive Director has left the company On the 27th of May, David Swan's tenure as Senior Independent Non-Executive Director ended after 9.0 years in the role. As of March 2021, David personally held 31.20m shares (UK£70k worth at the time). David is the only executive to leave the company over the last 12 months. Bekanntmachung • Apr 29
Sunrise Resources plc to Advise That Drilling Is Now Scheduled to Start At Its Baker's Gold Project in Western Australia Sunrise Resources plc advised that drilling is now scheduled to start at its Baker's Gold Project in Western Australia. The Baker's Gold Project is located 25km south east of Meekatharra in the Murchison Goldfield of Western Australia. It lies on the eastern limb of the Meekatharra Greenstone Belt which has yielded over 5.5 million ounces of gold and contains a number of present and past producing gold mines. The Baker's Project area licence has seen various rounds of historical exploration including separate programmes of wide-spaced percussion drilling. Sunrise carried out mapping and sampling and three rounds of soil sampling at Baker's between 2014 and 2018 generating a number of gold-in-soil anomalies which, together with historical exploration results, have defined the three targets now scheduled for drill testing. The Dicky Lee Target is an area of small-scale open pit mining with pit dimensions of approximately 60m by 40m and depths of up to 10m. The pit was excavated in the 1980s following the discovery of specimen quality gold-quartz nuggets, by metal detectorists both at surface and in-situ. The excavated material was not processed for gold extraction by any conventional method but was reportedly scanned for further gold nuggets using hand-held metal detectors. It is reported that 106 ounces of gold was recovered by this crude method from 4,050 tonnes of material excavated but the tonnage of material excavated is well in excess of this amount and thus the total amount of gold recovered is unknown. Based on sampling of excavated dump material the estimated grade of mined material is at least 1.3 grammes/tonne gold.
The gold at Dicky Lee occurs in a quartz vein stockwork in dolerite. This style of mineralisation presents an attractive target for gold exploration. An example is the Boorara deposit now being defined by MacPhersons Resources. Sunrise has carried out mapping and sampling of the pit area. Thirty chip and grab samples taken from the pit contained detectable gold with values up to 32.1 grammes/tonne (g/t) gold and averaging 1.7 g/t gold. Individual veins are generally narrow (sub-metre and sub-decimetre widths) and so grades being reported cannot be considered representative of the deposit as a whole and no attempt was made to systematically evaluate the grade of the hydrothermally altered host dolerite although the few samples taken assayed up to 1.4 g/t gold. Only two historical drill holes have tested the pit area, and both intersected very wide intervals of low-grade gold mineralisation (69m grading 0.2g/t gold and 80m grading 0.2 g/t gold including 1m grading 5.7 g/t gold from 5m down hole).
The 200m deep hole now proposed for drilling will test at deeper levels beneath the Dicky Lee pit. The DLR4 Target lies some 750m south west of the Dicky Lee pit and is named after the number of a shallow historic drill hole DLR4 which was completed by Australian Consolidated Minerals in 1987. This hole averaged 0.55 g/t gold over the 22m interval from 2m down hole depth to the end of hole at 24m and the final 2m sample assayed 1.17 g/t gold. No follow up drilling was carried out.
Soil sampling carried out by Sunrise defined a 500m long gold-in-soil anomaly surrounding hole DLR4. Three 100m deep angled RC drill holes are now planned to test beneath the gold soil anomaly and the historical drill intersection in DRL4.
The Third Target is a narrow zone of prospector scale working where sampling by the Company has returned high gold values. This line of workings will be tested by a single drill hole. Bekanntmachung • Mar 12
Sunrise Resources plc Reports Assay Results At Clayton Silver-Gold Project Sunrise Resources plc announced that assay and analytical results have now been received for drill core from its maiden drill hole, 20CLDD001, at its Clayton Silver-Gold Project in Nevada, USA. Highlights: Recovered core from a 7.92m mineralised interval graded 303 g/t (8.84 ounces/ton) silver and 0.2 g/t gold (from 82.30m down hole, 1.98m of no core recovery in this interval). Includes 4.27m interval grading 408 g/t (11.89 ounces/ton) silver and 0.23 g/t gold from 83.82m depth. 84% higher silver grade in hole 20CLDD001 compared to twinned 1980s-hole CL-15 which reported 7.62m grading 165 g/t silver (4.8 ounces/ton) and 0.4 g/t gold. Mineralised interval contains sulphide bearing vein quartz and quartz breccia over the down hole drilled interval of 7.92m from 82.3m depth (true thickness - as yet unknown). Bekanntmachung • Feb 24
Sunrise Resources plc Announces Delivery of a 500-Ton Sample of Natural Pozzolan to a Large Cement and Ready-Mix Company in the western USA On 13 January 2021, Sunrise Resources plc announced the successful delivery of a 500-ton sample of natural pozzolan to a large cement and ready-mix company (CRMC) in the western USA. The CRMC cannot be identified at this stage for commercial reasons. The CRMC has advised that the material is scheduled to be ground by the end of March and will then be utilized in a number of commercial concrete pours. The company has commissioned independent strength testing of mortar blocks made using a 20% substitution of ordinary Portland cement with natural pozzolan from a sub-sample of the 500-ton bulk sample in accordance with ASTM C618 (the test standard for natural pozzolan). Results show a mortar strength well in excess of the requirements of ASTM C618 after just 7 days curing. This result is consistent with previous laboratory testing of CS natural pozzolan by both the Company and the CRMC. Accordingly, the Company is expecting positive results from the CRMC's commercial trials once complete. Further to its announcement of 16 November 2020, the Company has been advised by potential customers who are trialing the Company's raw perlite that they have experienced exceptional demand for horticultural perlite in 2021 with one reporting the highest demand in its decades-long history and a large backlog in orders that need to be filled. This is a very positive indicator for the Company's development plans. However, as a result these potential customers have been reluctant to cease commercial production in order to use their production facilities to test the Company's product and as a result testing was delayed, cut short and, in one case, not yet started. Only one potential customer has provided detailed feedback to date, describing the test as "promising but inconclusive". The expanded perlite product was described as having a good, low, bulk density and it had a good white colour, but it was too fine grained. Particle size distribution in the raw perlite feed is largely a function of the crushing and screening process and is important in determining the particle size distribution of the expanded product where a coarse particle size distribution is required for horticultural perlite. The Company's testing and analysis shows that during the crushing and screening process carried out by the Company's contractor the screens operated inefficiently resulting in over-crushing of the perlite and the inclusion of too much fine perlite in the products and that this is likely to have adversely affected the quality of the expanded product. The supply of a coarser particle size can be resolved with small adjustments to the crushing and screening process but in this case only 100 tons of material was available for processing and there was insufficient opportunity to optimise the crusher and screen settings. It is important to note that another of the potential customers has previously reported a very positive test on the Company's perlite using perlite taken from the exact same location, but which did not contain so many fines. Consequently, the Company has further reason to believe that the identified expansion issue can be resolved with delivery of raw perlite having a coarser particle size distribution. The Company is now working with its crushing and screening contractor to modify the processing circuit to achieve a coarser product for further trials. The contractor has indicated that a process plant should be available for late March/early April. A larger bulk sample, 200 tons of raw perlite, is already on hand for this work. Alongside the opportunities for horticultural perlite, the Company is also continuing its evaluation of production opportunities for industrial grades of perlite which make up 84% of the perlite market and which have been produced successfully from CS project perlite at a laboratory scale. Bekanntmachung • Jan 13
Sunrise Resources plc Reports Project Updates Sunrise Resources plc provided the following project updates: CS Pozzolan-Perlite Project, Nevada, USA (100% Sunrise); Mining of 500-ton pozzolan sample completed on schedule in collaboration with large cement and ready-mix company (CRMC) and delivered to CRMC for processing and use in commercial concrete trials; Mining of additional 200-ton perlite sample completed and delivered to processing site; Sundance Gold Project, Nevada, USA (New Project (100% Sunrise); Nine claims staked in Walker Lane Mineral Belt in same area as 1.8 million ounce past producing Denton-Rawhide Gold-Silver Mine; Anomalous bedrock gold mineralisation in altered and quartz veined volcanics; Soil sampling programme completed - gold in soil anomaly identified for further testing. Baker's Gold Project, Western Australia (100% Sunrise); Aboriginal Heritage Survey completed; No Aboriginal sites identified - planned drill programme approved; Five RC drill holes planned to test three target areas including old mine workings, areas of gold nugget production and a large gold-in soil geochemical anomaly. Drill quotes being obtained, drilling to start as soon as possible. Bekanntmachung • Dec 23
Sunrise Resources plc, Annual General Meeting, Jan 28, 2021 Sunrise Resources plc, Annual General Meeting, Jan 28, 2021, at 12:00 Coordinated Universal Time. Location: Silk Point, Queens Avenue, Macclesfield Cheshire United Kingdom Bekanntmachung • Dec 18
Sunrise Resources plc Commences Extraction of Large Bulk Sample of Natural Pozzolan from Its CS Pozzolan-Perlite Project in Nevada, USA Sunrise Resources plc advised that it has commenced extraction of large bulk sample of natural pozzolan from its CS Pozzolan-Perlite Project in Nevada, USA. A 500-ton sample of natural pozzolan is being mined this week in collaboration with a large cement and ready-mix company. The sample will be ground in the CRMC's existing mill and will be used in a number of separate commercial concrete pours where the natural pozzolan will be substituted for a proportion of ordinary Portland cement in the concrete mixes. This collaboration is taking place against a background of ongoing offtake and joint development discussions with the CRMC and follows on from a series of successful bench-scale laboratory tests carried out by the CRMC. The costs of mining and transport of the pozzolan bulk sample to the mill will be shared equally between Sunrise and CRMC and all other cost will be met by the CRMC. In addition, a 200-ton bulk sample of perlite will be extracted concurrently with the natural pozzolan for processing into additional horticultural grade raw perlite for ongoing market trials by potential offtakers. Bekanntmachung • Nov 09
Sunrise Resources plc Announces Update Clayton Silver-Gold Project Sunrise Resources plc announced that it has now completed the planned drill hole at its Clayton Silver-Gold Project in the Walker Lane Mineral Belt, Nevada USA. The hole was terminated at a depth of 104.7m having passed through the target zone. The hole was designed to twin and deepen a historic drill hole CL-15 which intersected 7.6m grading 165 grammes/tonne silver (4.8 ounces/ton) and 0.4 g/t gold from 82.3m depth to the base of hole at 89.9m depth. Drilling conditions were extremely difficult, and progress was slow due to heavy faulting and extensive zones of swelling clays in fractured and hydrothermally altered rock. Whilst these geological conditions can be favourable indications for mineralisation, core recovery was very poor as a result. Bekanntmachung • Oct 29
Sunrise Resources plc Provides Project Updates Sunrise Resources plc provided project updates. CS Pozzolan-Perlite Project, Nevada USA: Commercial-scale plant assembled for trial processing. 100-ton bulk sample of perlite to be processed at the end of this week. Approx. 20-30 tons of coarse horticultural grade raw perlite to be split between five different customers across the USA for expansion testing. Raw perlite fines to be prepared for larger scale pozzolan grinding test and concrete pour. Aiming for first commercial production in Spring 2021. Clayton Silver-Gold Project, Nevada USA: Drilling contract signed - drilling to start on or around 29 October 2020. Drilling to follow up historic exploration where a number of holes ended in mineralization or did not reach the target depth e.g. CL-15 which intersected 7.6m grading 4.8 ounces/ton (165 grammes/tonne) silver from 82.3m depth to the base of hole, ending in mineralization. Historic grades were reportedly understated due to loss of fine silver-bearing sulphide minerals during previous percussion drilling programmes. Other Projects, Nevada & Australia: Notice of intent to drill Newark Gold Project in Nevada submitted to Bureau of Land Management. Planning to drill Baker's Gold project in Western Australia. Bekanntmachung • Aug 25
Sunrise Resources plc has completed a Follow-on Equity Offering in the amount of £1 million. Sunrise Resources plc has completed a Follow-on Equity Offering in the amount of £1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 357,142,856
Price\Range: £0.0028
Transaction Features: Subsequent Direct Listing 
