Investments and investor services
FTSE 100 finishes in red on China worries and as US benchmarks tumble
The UK blue-chip benchmark finished around 41 points lower at 6,692
Company
LON:SRES
Sunrise Resources PLC aims to develop profitable mining operations at the CS Pozzolan-Perlite Project in Nevada, USA and unlock the value inherent in its diverse portfolio of industrial minerals, precious metals and base metal projects.
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Investments and investor services
The UK blue-chip benchmark finished around 41 points lower at 6,692
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The shares were issued as part of a sale agreement signed last year, with another 250,000 shares due once VRR completes a 43-101 compliant mineral resource estimate
The firm said it had completed a commercial scale trial for production of horticultural grade expanded perlite with an MOU partner firm as well as ground natural pozzolan with a large cement company. at its CS project in Nevada
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The firm recently completed commercial trials on bulk samples from the CS project, while not far away NewPerl has more than trebled in size
The start of drilling will trigger the issue of 50,000 VR shares to Sunrise as per a sale agreement signed in August last year, taking the total under the agreement to 100,000
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