Sunrise Resources (SRES)

Sector:

Mining

Index:

FTSE AIM All-Share

 0.058p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.11
  • 52 Week Low: 0.035
  • Currency: UK Pounds
  • Shares Issued: 4,408.65m
  • Volume: 2,234,387
  • Market Cap: £2.53m

Sunrise commissions concept study at Nevada pozzolan project

By Josh White

Date: Wednesday 25 Jan 2017

LONDON (ShareCast) - (ShareCast News) - Diversified mineral exploration and development company Sunrise Resources advised the market of the commissioning of a concept study on Wednesday, for the development of its CS natural pozzolan project in Nevada and to provide further details of the work programme proposed for the first half of 2017.
The AIM-traded firm said natural pozzolans were seeing increased use in cements and concrete as a 'greenhouse gas friendly' alternative to Portland cement.

It said that, following the receipt of positive testwork results for the CS Pozz Project, it has retained Magmatics - a consulting firm with expertise in natural pozzolans - to assist in the development of the CS Pozz Deposit.

A concept study has been commissioned to establish parameters and timeline for the commercial production of natural pozzolan from the CS Project; to be completed by the end of Q1, 2017, the board said, and a preliminary field visit has been completed by Magmatics and additional testwork samples have been collected.

Variability and optimisation testwork is to run in parallel to the concept study.

"We are delighted to have retained Magmatics and its principal, Joseph Thomas, who has over 20 years' experience in natural pozzolan and is well placed to assist in the evaluation and development of this project," said Sunrise executive chairman Patrick Cheetham.

"The CS Pozz Project is a valuable addition to our industrial minerals portfolio which includes the large County Line Diatomite Project currently leased to EP Minerals, where we look forward to the possibility of royalty cash flow in June this year, and the recently acquired Ridge high-grade Limestone Project."

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SRES Market Data

Currency UK Pounds
Share Price 0.058p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.11
52 Week Low 0.035
Volume 2,234,387
Shares Issued 4,408.65m
Market Cap £2.53m

SRES Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
6.79% above the market average6.79% above the market average6.79% above the market average6.79% above the market average6.79% above the market average
51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average
Price Trend
69.8% below the market average69.8% below the market average69.8% below the market average69.8% below the market average69.8% below the market average
32.87% below the sector average32.87% below the sector average32.87% below the sector average32.87% below the sector average32.87% below the sector average
Income Not Available
Growth Not Available

SRES Dividends

No dividends found

Trades for 07-Jun-2024

Time Volume / Share Price
14:28 734,004 @ 0.056p
12:25 1,495,506 @ 0.057p
10:03 4,877 @ 0.059p

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