Sunrise Resources PLC (LON:SRES) gave investors an update on its findings at the CS Pozzolan-Perlite Project in Nevada, United States, as it confirmed the completion of a drill programme on schedule.
The programme, which was expanded to 9 holes (from 5), encountered thick intervals of perlite-pozzolan, the company said in a statement. It cautioned, however, that the intervals are ‘visually identified’ and will need to be confirmed through analysis of drill samples, which is now underway.
Sunrise also highlighted what it described as exceptional results from initial testing of surface samples, taken from the project’s northeast zone.
READ: Sunrise Resources starts pozzolan drilling programme in Nevada
"I am delighted to report the intersection of substantial thicknesses of rock identified as perlite and pozzolan,” said Patrick Cheetham, Sunrise executive chairman.
“The drilled thicknesses now being reported are comparable to those documented for other deposits now in production elsewhere in the USA.
“The drilling programme progressed quickly allowing us to expand the programme to include successful drill testing of the Tuff Zone, which was not originally planned, but where we have now intersected a very thick sequence of the target pozzolanic tuff.
“A comprehensive programme of drill sample testwork will now follow. Testing is an ongoing process as we work towards the provision of samples for more extensive customer testing."
Pozzolan is described by Sunrise as a cementious material in certain mixes and can account for 35% of some types of concrete, while perlite is a glassy raw material that can be used in industrial products such as insulators, filters and horticulture.