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Sunrise Resources well on the road to permitting the CS Pozzolan-Perlite project

Sunrise Resources is developing a diverse portfolio of industrial minerals

Sunrise Resources PLC -

Sunrise Resources PLC (LON:SRES) has said it continues to make good progress in the permitting process for its CS Pozzolan-Perlite project in Nevada, USA.

Currently, all Sunrise staff are working from home, and this is not having and is not expected to have any negative effect on the company’s business.

All supplemental environmental reports have been accepted as complete by the Bureau of Land Management, and the Environmental Assessment Report is being reviewed prior to release for public comment.

The Nevada Division of Water Resources is reviewing the company's change applications and the initial application is listed as ready for action. In addition, the company's Class II Air Quality Operating Permit application to Nevada Department of Environmental Protection had been deemed administratively complete and is currently being processed.

Once the environmental assessment is released, the public has 30 days to comment and, after responding to public comment, the Bureau of Land Management will issue its findings and, subsequently, a Record of Decision.

The company is currently anticipating a 'Finding of No Significant Impact' which will allow mining to proceed subject to the issue of the State Reclamation Permit and the lodgement of the appropriate reclamation bond.

Currently all the Nevada State and US Federal regulatory agencies that have a role in mine permitting in Nevada continue to operate in line with their own continuity plans with many of their employees working from home.

Much of the US response to the current health emergency takes place at a State rather than Federal level and has been variable across the States. In Nevada, infection rates are lower than in many other states and the measures enacted by the State Government are broadly in line with those applicable in the UK.

Quick facts: Sunrise Resources PLC

Price: 0.1075 GBX

Market: AIM
Market Cap: £3.54 m


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