leadf
logo-loader
RNS
viewSunrise Resources PLC

Sunrise Resources - Collaborative Concrete Trials - CS Project

RNS Number : 9151I
Sunrise Resources Plc
17 December 2020
 

7.00am 17 December 2020

SUNRISE RESOURCES PLC

("Sunrise" or "the Company")

 

Collaborative Concrete Trials - CS Pozzolan-Perlite Project

 

The Company is pleased to advise that it has today commenced extraction of a  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 (hereafter referred to as "the CRMC"). 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.

 

Commenting today Sunrise Executive Chairman Patrick Cheetham said: "I am pleased to be announcing this important development as we continue to advance the CS Project. This will take our natural pozzolan off the bench and into some real-life commercial construction projects and we look forward to continuing the collaboration now underway."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. 

 

Further information:

 

Sunrise Resources plc

Patrick Cheetham, Executive Chairman

Tel: +44 (0)1625 838 884

 

Beaumont Cornish Limited

Nominated Adviser

James Biddle/Roland Cornish

Tel: +44 (0)207 628 3396

 

Peterhouse Capital Limited

Broker

Lucy Williams/Duncan Vasey

 

Tel: +44 (0)207 469 0930

 

Notes:

 

1. Forward Looking Statements.

 

The news release may contain certain statements and expressions of belief, expectation or opinion which are forward-looking statements, and which relate, inter alia, to the Company's proposed strategy, plans and objectives or to the expectations or intentions of the Company's directors. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the control of the Company that could cause the actual performance or achievements of the Company to be materially different from such forward-looking statements. Accordingly, you should not rely unduly on any forward-looking statements and save as required by the AIM Rules for Companies or by law, the Company does not accept any obligation to disseminate any updates or revisions to such forward-looking statements.

 

2. Covid-19

 

To date the Covid-19 pandemic has not affected the progress of the Company's projects. Mining is considered an essential industry in Nevada and existing operations are progressing largely as normal, as is mineral exploration. However, the future impact of Covid infections in Nevada and more widely in the US is unpredictable. Travel  bans are still in place between the US and the UK and many US Companies have self-imposed internal travel bans. These factors have the potential to negatively affect and delay the Company's plans.

 

 

Shares in the Company trade on AIM. EPIC: "SRES". Website: www.sunriseresourcesplc.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCEAXAKFAEEFFA

Quick facts: Sunrise Resources PLC

Price: -

Market: AIM
Market Cap: -
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Sunrise Resources signs MOU for first sales of perlite from CS project

Patrick Cheetham, executive chairman of Sunrise Resources Plc (LON:SRES), tells Proactive's Andrew Scott they've signed a non-binding memorandum of understanding (MOU) that will pave the way for the first sales of perlite from its CS Pozzolan-Perlite project in Nevada, USA. Cheetham says...

on 27/4/18

4 min read