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Sunrise Resources Plc
Summary
| Project: | Bay State Silver Project | |
|---|---|---|
| Deposit: | Chihuahua Vein | |
| Location: | United States | |
| Commodities: | Silver | |
| Date: | 10/24/2016 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-10-2016: Sunrise Resources Plc announces an Exploration/Drilling Update report for its Chihuahua Vein deposit at the Bay State Silver Project project. Drilling results incl. 0.76m @ 52g/t Au from 333m. Sunrise Resources plc (ticker symbol ‘SRES’), the | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Patrick Cheetham (Internal) | |
| ABSTRACT: | Sunrise Resources plc (ticker symbol ‘SRES’), the AIM-traded diversified mineral exploration and development company (“the Company”), is pleased to announce results of the second phase of drilling at its Bay State Silver Project in Nevada together with the results of a small programme of underground sampling, both targeting extensions of the Chihuahua Vein system south of Mining Canyon. Commenting today, Executive Chairman Patrick Cheetham said: “This most recent underground sampling confirms the high grade of material left behind in the Chihuahua Vein by the old timers in the area south of Mining Canyon and, pleasingly, the drill programme has demonstrated that the Chihuahua vein system is present at 300m from surface, a substantial depth below both the level of all historical workings and the lowest level of previous drilling. I am also pleased to confirm that the vein system is silver-bearing at that depth. The drill programme presented a number of technical challenges and whilst these were largely resolved during the programme they have nevertheless impacted the results. Notwithstanding these frustrations, Bay State remains a priority target amongst our diverse exploration portfolio.” | |
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