Question 1

What geophysical survey did Sunrise Resources conduct at the Lake Copper-Silver-Gold Project?

Accepted Answer

Sunrise Resources conducted a geophysical survey at its Lake Copper-Silver-Gold Project, which is expected to refine targets for potential skarn/porphyry mineralisation and inform drill planning.

Question 2

What strategic change did SUNRISE RESOURCES PLC announce on 14 July 2026?

Accepted Answer

Sunrise completed a strategic review and refocused on wholly owned precious and base metals projects in Nevada and Western Australia, while retaining industrial minerals and marketing them to partners at minimal cost.

Question 3

What objective did Sunrise Resources PLC state for its Newark Gold Project after reporting prior drilling was relatively shallow?

Accepted Answer

Sunrise Resources PLC said its objective is to secure a joint venture partner to advance deeper drilling at the Newark Gold Project.

Question 4

What did Sunrise Resources PLC say Freeport McMoRan found when drilling at Newark in 1986 and 1987?

Accepted Answer

Sunrise Resources PLC reported that Freeport McMoRan drilled sixteen shallow reverse circulation holes at Newark in 1986–1987, with the best intersection being hole NWK-008: 47 m at 0.14 g/t gold from 75 m to the end of the hole at 122 m.

Question 5

What are the lease and option payment terms for SUNRISE RESOURCES PLC’s Lake Copper-Silver-Gold Project?

Accepted Answer

The Lake Copper-Silver-Gold Project is under an initial 7-year lease extendable twice to 21 years, with annual payments of US$5,000 rising to US$20,000, a 2% NSR buyable for US$500,000, and a purchase option of US$150,000.

Question 6

What follow-up drilling did Sunrise Resources plan at the Lake Copper-Silver-Gold Project?

Accepted Answer

Sunrise Resources planned follow-up drilling at the Lake Project to test a historical 50 m @ 0.73% Cu and 31 g/t Ag intercept and new surface anomalies, including company surface samples up to 198 g/t Ag, 0.13% Cu and 0.3 g/t Au.

Timeline

SUNRISE RESOURCES

Sunrise Resources targets Carlin-type gold at Nevada's Newark project

Sunrise Resources shares soar after API drilling-grade result

Sunrise Resources secures licence over Bakers high-grade gold target

Sunrise Resources reports high-grade zinc results at Reese Ridge

Sunrise Resources shares soar after Nevada project win

Sunrise Resources pivots to precious and base metals

Sunrise raises £225,000 in placing and will issue a further 468.9m shares to settle creditors

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