Sunrise Resources Plc (LON:SRES) said its first half to end March had been very busy, including the incorporation of a new Nevada subsidiary.
Westgold Inc will focus on low-cost acquisition of precious metal projects in the western USA and two projects have already been claimed and it is now compiling historical data. See more here.
A further highlight was impressive silver results from each of the first three drill holes in the maiden drill programme on the Bay State Silver Project in Nevada and the execution of a lease and royalty agreement with diatomite producer EP Minerals over the County Line diatomite deposit in Nevada in early December 2015.
The group loss for the period was £149,534 compared to a loss of £151,540 in the same period last year, in keeping with an explorer at this stage.