leadf
logo-loader
viewSunrise Resources PLC

Sunrise Resources continues to move CS project toward production as permit appeal windows close without objection

"We now have a clear green light for the mine development from both the BLM and BMRR,” said chief executive Patrick Cheetham

Sunrise Resources PLC - Sunrise Resources continues to move CS project toward production as permit appeal windows close without objection

Sunrise Resources PLC (LON:SRES) has told investors that the appeal window has now closed following the approval of its proposed mining operation in Nevada.

The Bureau of Land Management (BLM) in mid-August authorised the CS Pozzolan-Perlite project and a customary appeal period followed, though the company today confirmed that no objections were received.

"We are pleased to see that the various appeal periods are passing without any objections or appeals and that we now have a clear green light for the mine development from both the BLM and BMRR,” Patrick Cheetham, Sunrise chief executive said in a statement. 

“I think this reflects the thorough work that went into the Environmental Assessment and the positive green credentials of the CS Project."

READ: Sunrise confirms £1mln fund raise

Sunrise noted that the appeal period for the mine reclamation permit by the Nevada Bureau of Mining Regulation and Reclamation (BMRR) has also passed without objection. Meanwhile, the Nevada Division of Environmental Protection's decision to award a Class II Air Quality Permit for a minerals processing plant is open to comment and objection until September 11, 2020.

The CS Project has an envisaged 27-year mine life, producing both perlite and natural pozzolan.

Pozzolans are used as a direct additive to concrete mixes and as a partial replacement for cement, while, perlite – a glassy raw material which expands ‘popcorn-like’ some 20-times when heated – is used in various industrial and household applications such as insulation, paint texturing, and building materials.

Quick facts: Sunrise Resources PLC

Price: 0.28 GBX

AIM:SRES
Market: AIM
Market Cap: £10.3 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Sunrise Resources PLC named herein, including the promotion by the Company of Sunrise Resources PLC in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Sunrise Resources chairman hails mine permit for CS perlite-pozzolan project

Sunrise Resources PLC's (LON:SRES) Patrick Cheetham speaks to Proactive's Polly Middlehurst soon after securing a mine permit for the CS perlite-pozzolan project in Nevada, USA. The development means the project can move into the trial mining stage, along with advancing detailed engineering...

on 30/7/20

2 min read