Sunrise Resources Plc (LON:SRES), the mineral exploration and development firm, told investors that it will start the latest round of drilling at its Bay State silver project in Nevada next Tuesday (September 7).
The company will drill three more holes as a follow up to the high-grade silver mineralisation found in the first phase of drilling.
Sunrise has said it expects this latest drill programme to last around two weeks and hopes to have the assay results within six weeks of it finishing.
The AIM-listed company said the objective of the drilling is to demonstrate that there is enough silver mineralisation along the strike “to justify a substantial resource definition drilling programme and scoping study for the development of future mining operations.”
Shares were flat at 0.23p.