Surprise trading update is just the job for Robert Walters
The trading update was short and sweet. Liberum responded by increasing its target price.
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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The trading update was short and sweet. Liberum responded by increasing its target price.
VR Resources said it has discovered high grade copper-silver-gold mineralisation on the surface at 29 different locations in two main areas spanning a 6 kilometre strike length
Robert Walters sprang a pleasant surprise on the market with an unscheduled trading update.
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A glance at some of the day's highlights from the Proactive Investors newswire
Vela Technologies PLC flying high after investee company bags deal with American Airlines
The Phase 2 programme will see a further 22 drill holes and help define the boundaries of an open pit.
Investments and investor services
The FTSE 100 closed the day higher, as the weak pound helped, while other European indices lagged
A number of retail investor favourites had news this past week.
Proceeds of the fundraise will support mine planning and additional drilling at the CS project with the aim of moving towards production
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A glance at some of the day's highlights from the Proactive Investors newswire
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A look at some of the day's highlights from the Proactive Investors newswire
“We are pleased that VR Resources has moved so quickly to initiate exploration of the Junction Property," said Patrick Cheetham, executive chairman of Sunrise
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers today in London
Mining claims have been submitted with the prospect to be named NewPerl
The UK blue chip index closed at 7,526, well below the session peak of 7,557.00 and close to the day’s low of 7,531.48
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A look at some highlights from the world of small cap mining news
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London today
A number of meetings have been held with potential US customers for both perlite and pozzolan
Patrick Cheetham, executive chairman, said this was the first of what it hopes will be a number of project disposals following the decision to focus on CS
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London's FTSE 100 was trading steadily in Wednesday afternoon's exchanges.
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A look at the world of Proactive's smallcap mining news highlights
"I am delighted to report the intersection of substantial thicknesses of rock identified as perlite and pozzolan,” said Patrick Cheetham, Sunrise executive chairman.
A look at some of the biggest risers and faller in London today ...
"I am delighted to report the intersection of substantial thicknesses of rock identified as perlite and pozzolan,” said Patrick Cheetham.
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A glance at some of the stories on the Proactive newswire today
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Companies featured: Grand Group Investment, PV Crystalox Solar, Thor Mining, Falcon Media House, Game Digital, Proxama, Sports Direct International, Arian Silver Corp, Nu-Oil & Gas, Dart Group
Eleven trenches were excavated within an area over 1.3 km long by 700m wide to expose and sample bedrock
Investments and investor services
Footsie was becalmed throughout the day, leaving the mid-cap FTSE 250 to claim the limelight
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A glance at some of the small cap stories on the Proactive newswire today
The AIM-listed firm said the net proceeds of the placing - arranged by Beaufort Securities - will be applied to advance the company's CS Pozzolan-Perlite Project in Nevada
A look at the biggest risers and fallers of London's small caps
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A glance at some of the stories on the Proactive newswire today
The Northeast Zone has a mapped area approximately 650m long by 650m wide.
A look at the biggest risers and fallers of UK small caps
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A glance at some of the stories on the Proactive Investors newswire today
Sunrise has received the required permits for the proposed drilling and trench programmes and is now in the final stages of appointing a drilling contractor
Risers and fallers: Advanced Oncotherapy, St Ives, Intelligent Energy
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A glance at the small cap stories on the Proactive newswire today
The group will look to unlock the value inherent in its other project interests through joint venture, sale or other arrangements, and apply the funds to progress its pozzolan and perlite strategy.
The pound has given up some of its recent gains, which has helped the internationally-focused firms on the FTSE 100
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A snapshot of mining stories on the Proactive newswire this week
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A look back at some of the week's more interesting stories from those on the junior market
Gem Diamonds, Concha and MySquar are among the top small cap risers while Asian Growth Properties, Torotrak and Photonstar Led slumped
Tests at CS have shown it is a potentially large deposit of perlite
A new area named as the Tuff Zone, located 1.7 km southwest of the Main Zone, extends over 1.2 km
Some the main risers and fallers in London at 2.45pm: Quadrise, Concha, Oilex
Sunrise has two industrial minerals projects and a handful of precious and base metal prospects in the mining hotspot
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A look at the week's highlighted news for the junior miners
Some of the largest rises and falls in London at 3.20pm included Wey Education, Rosslyn Data Technologies, Thor Mining
Perlite is used as an insulator in paint, plaster, concrete fillers
FTSE 100 stocks ends flat on Thursday after falling back from a fresh record high as shares in outsourcing group Capita slumped 9%
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A recap of the week just gone in the mining sector
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A glance at some of the stories on the Proactive newswire today.
EP Minerals has given notice terminating its lease of Sunrise’s County Line Diatomite claims in Nevada
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A glance at some of the stories on the Proactive newswire today.
“The CS Pozz Project is a valuable addition to our industrial minerals portfolio," says Sunrise chief executive Patrick Cheetham.
Uranium, lithium, copper, vanadium and graphite are the specified commodities of interest.
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A glance at some of the stories on the Proactive newswire today
Sunrise will undertake further testing to enable its use in the cement and concrete industries.
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A glance at today's headlines on the Proactive newswire ...
The company could receive an advance royalty payment next year from diatomite producer EP Minerals.
The CS project comprises 15 new claims staked by the group.
Underground sampling and drill testing has demonstrated high silver grades at the project in Nevada, US
As revealed earlier this month, Sula's Founder Nick Warrell is now the chief opearting officer.
Sareum, Faron, WideCells, Abzena and Ergomed were among Monday's small cap highlights
Despite helpful foreign exchange rate movements, the defence firm Cobham said full-year performance would be lower than management had been expecting
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Round up of this week's mining headlines from the world of Proactive.
The focus recently has been on mining hotspot Nevada, USA, where Sunrise has two industrial minerals projects
Stride Gaming hit the jackpot on Monday as it told investors it expected to beat expectations this year
Sunrise Resources Plc (LON:SRES) said results from latest drilling at the Bay State silver project in Nevada is now completed and results from two hole are expected in six weeks.
The drill programme at the silver project in Nevada will start on Tuesday 7th September and is expected to last for two weeks