Sunrise Resources Plc (LON:SRES) has announced positive results from the phase 2 of drilling at the CS pozzolan-perlite project in Nevada.
The company completed 25 reverse circulation percussion drill holes at 838m to better define the zones of commercial interest and assist in the preparation of mine plans for permitting.
Thick zones of Tuff pozzolan were intersected from bedrock surface in all but one of eight holes drilled in the Tuff Zone .In the Main Zone, 12 drill holes intersected perlite from bedrock surface. Thick perlite intersections of up to 26m were encountered.The first step-out hole into Northeast Zone hit tephra pozzolan from bedrock surface to a depth of 40m.
Drilling results exceed expectations
"The phase 2 drill programme has delivered everything that was hoped for and more,” said executive chairman Patrick Cheetham.
“The thick and open-ended intersections of tephra pozzolan from bedrock surface in the step-out holes in the Main Zone and Northeast Zone are impressive and demonstrate potential to add substantially to the known pozzolan deposits in the Tuff and Main Zones.
“We are now very confident that the Main and Northeast Zones are part of one continuous zone with a very large open-pit tonnage potential."
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The group said 81 composite samples from drilling will be submitted for pozzolan testing and 40 composite samples for perlite testing.
The testing will take place over several months.
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The company said now that the high quality of the pozzolan is established, it will not be releasing interim test results unless they differ materially from previously announced results.
A summary of the results of the testing programme for Phase 2 drill samples will be released on completion but important results from step out holes, the ongoing perlite application tests and advanced pozzolan testing will be announced “as and when meaningful conclusions can be reached”, Sunrise said.