Big picture - Why invest in Sunrise Resources Plc
Sunrise Resources Plc Snapshot
The Company is focused on its CS Pozzolan-Perlite Project in Nevada and other natural pozzolan opportunities following the positive results from a Concept Study for development of the CS Project.
The Company is seeking to progressively valorise the Company’s diverse portfolio of precious metal and other industrial minerals projects through joint venture, sale or other arrangements.
We only operate in stable, democratic and mining friendly jurisdictions having low levels of corruption and political risk.
The CS Project
The Company’s CS Pozzolan-Perlite Project is located in Esmeralda County, Nevada and covers large surface areas of pozzolan and perlite.
The staking of Project claims was first announced on 14 November 2016. The results of this initial testwork, announced on 22 December 2016, were very positive for the production of natural pozzolan and justified a concept study and testwork programme to evaluate the economic potential of the project.
Further announcements on testwork results were made on 2nd and 13th March 2017 and included the discovery that the Main Zone pozzolan had economic potential as a perlite and the discovery of a second zone of non-perlitic pozzolan in the Tuff Zone to the south.
On 4 May 2017 the Company announced that a composite sample from the Main Zone pozzolan has been certified by independent testing laboratory CTL Thompson in Colorado as a raw natural pozzolan suitable for use in concrete in accordance with ASTM C618.
A Concept Study for a potential development of the CS Deposit was initiated at the end of January 2017 and was scoped to consider the production of pozzolan from the CS Deposit and was later expanded to also include consideration of perlite production following discovery of the perlitic properties of the pozzolan in March 2017.
A summary of the Concept Study can be viewed on the CS Project page on the Company Website here and an extract of the Concept Study can also be downloaded from this page.
These projects are available for sale (cash or equity) or joint venture
Clicking the links below will take you to the relevant project page on the Sunrise Resources plc website.
Precious/Base Metal Projects
Bay State Silver Project, Nevada
Clayton Silver Project, Nevada
Stonewall Gold Project, Nevada
Newark Gold Project, Nevada
Garfield Copper-Gold Project, Nevada
Junction Gold (-Copper) Project, Nevada
Cue Diamond Project, Australia
Baker’s Gold Project, Australia
Directors & Senior Management
Executive Chairman – Patrick Cheetham
Mr Cheetham is the founder of the Company. He is a mining geologist with 35 years experience in mineral exploration and 30 years in public company management. Mr Cheetham started his career as an exploration geologist in Australia with Western Mining Corporation and prior to that worked for Imperial Metals Corporation in British Columbia, Canada. From 1986 to 1993 he was joint managing director of Dragon Mining NL, during which time he was responsible for the formation of that company, the identification of and acquisition of its exploration projects, its listing on the Australian Stock Exchange and the subsequent development of its exploration projects. Patrick co-founded Archaean Gold N.L. in 1993 - the subject of a successful $50 million takeover bid by Lachlan Resources NL. He is currently also Chairman of Tertiary Minerals plc.
Non-Executive Director - Roger Murphy
Mr. Murphy joined as non-executive director in May 2016. Former MD Investment Banking of Dundee Securities Europe Ltd which he joined in 2012 to establish the London office with an emphasis on capital raising for mining and oil & gas companies. He is currently CEO of Sula Iron & Gold Plc. Previous positions include MD Renaissance Capital, successfully raising capital for a variety of companies, and Head of Sales for Canaccord Adams where he was also a member of its UK Executive Committee. Earlier in his career in the finance industry he worked in mining sales for Deutsche Bank, as a mining analyst for both Deutsche Bank and SG Warburg and as a researcher for the World Gold Council. Mr. Murphy holds a B.Sc. Hons in Geology, a M.Sc. in Hydrogeology and an MBA. Prior to joining the mining finance industry he worked as a geologist for a number of years for various companies, including Anglovaal Mining and British Petroleum.
Non-Executive Director - David Swan
Mr. Swan is a Chartered Accountant with a career focus in the retail and natural resource industries. He joined Arthur Andersen after graduating in 1977, and from 1991-1996 acted as Chief Financial Officer (CFO) or Finance Director for a number of ASX listed mining companies. He returned to the accounting profession in 1996 as Group Leader of the Mining and Resource Group at Ernst & Young in Sydney. After relocating to the UK in 2001 he continued his involvement in the natural resources industry including a position as CFO of Oriel Resources plc undertaking the IPO, TSX listing and reverse take-over of a major smelting business. He has also held various other non-executive directorships, the most recent of which being Everfor Resources plc (formerly Everfor Diamonds plc and Lubel Coal Company Ltd.
Company Secretary - Colin Fitch MA, LLM, FCIS, Barrister-at- Law
Colin Fitch is a Barrister-at-Law, and was previously Corporate Finance Director of Kleinwort Benson, Partner and Head of Corporate Finance at Rowe & Pitman (SG Warburg Securities) and Assistant Secretary at the London Stock Exchange. He has also held a number of non-executive directorships of public and private companies, including Merrydown Plc. Since retiring from full time work he is currently non-executive director of African Lakes and was until recently Company Secretary of both Ridge Mining plc and Cluff Gold.
Sunrise Resources plc (Registered in England & Wales Company No. 05363956)
SK10 2BB, United Kingdom
Tel : +44 (0)1625 838 884
Fax : +44 (0)1625 838 559
Administration email : [email protected]
SK10 2LP, United Kingdom
Broker & Nominated Adviser
Northland Capital Partners Limited
60 Gresham Street
Beaufort Securities Limited
63 St Mary Axe
Crowe Clark Whitehill LLP
Gowlings (UK) LLP
15th Floor - 125 Old Broad Street
Capita Asset Services
34 Beckenham Road
Tel: 0871 664 0300
Oversees Helpline: + 44 208 639 3399
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