Sunrise Resources raises £600,000 in oversubscribed placing at 1.2 pence a...
---Adds broker comment---Sunrise Resources (LON:SRES) has raised £600,000 through an oversubscribed placing of 50 million new ordinary shares at 1.2 pence each – just below the closing level of its...
View ArticleSunrise Resources plans scoping study for Derryginagh Barite project, pulls...
Sunrise Resources (LON:SRES) said the data and drilling results from the Derryginagh Barite project in Ireland justify a closer look at the economics, and it is now sounding out consultants for a...
View ArticleSunrise Resources funded for 2012 work programmes at Derryginagh and Cue...
Sunrise Resources (LON:SRES) told investors today that it is funded for the work programmes planned at its key projects for this year. Following a £600,000 fundraising in February, Sunrise had £1.02...
View ArticleSunrise Resources begins scoping study on Derryginagh barite project
A scoping study on the Derryginagh barite project in Ireland has started, Sunrise Resources (LON:SRES) told investors today. The study, expected to be completed in the third quarter this year, will be...
View ArticleSunrise Resources appoints mining and finance veteran as non-exec
Diversified minerals group Sunrise Resources (LON:SRES) has appointed mining stalwart David Swan as a non-executive to replace Neil Herbert. Herbert is standing down to concentrate on his executive job...
View ArticleSunrise Resources: Setting the foundations of a cash generative mining business
Sunrise Resources' (LON:SRES) focus this year is to set the foundations of a cash generative mine in the Republic of Ireland. An assessment of the Derryginagh mine is currently underway. And if the...
View ArticleSunrise Resources to kick off drilling at Australian diamond project next week
Sunrise Resources (LON:SRES) told investors that it can now proceed with a drilling programme on the Cue Diamond project in Australia. This comes after an Aboriginal heritage survey was completed in...
View ArticleSunrise Resources soars on Aussie kimberlite go-ahead
Sunrise Resources (LON:SRES) continued its strong recent rally as it got the green light to proceed with a drilling programme on its Cue Diamond project in Australia. Shares in the group have more than...
View ArticleSunrise Resources completes first drill programme at Cue diamond project
Sunrise Resources (LON:SRES) has now completed its first drill programme at the Cue diamond project in Western Australia. The programme included ten reverse circulation drill holes totalling 642...
View ArticleUPDATE: Sunrise Resources completes first drill programme at Cue diamond project
--adds broker comment and share price-- Sunrise Resources (LON:SRES) has now completed its first drill programme at the Cue diamond project in Western Australia. The programme included ten reverse...
View ArticleSunrise Resources says Derryginagh scoping study is now due in October
Sunrise Resources (LON:SRES) says the completion of the scoping study for the Derryginagh barite project is expected by the end of next month. This will represent a delay of around four weeks. The...
View ArticleSunrise Resources diamond results due this week
Sunrise Resources (LON:SRES) told investors it expects to release news from the Cue diamond project in Australia. Responding to speculation the company said it will be able to reveal sampling results...
View ArticleSunrise Resources’ sampling results confirms Cue project as ‘significantly...
Sunrise Resources (LON:SRES) this morning revealed sampling results that have confirmed the Cue project as ‘significantly diamondiferous’. The samples were taken from the former De Beers property...
View ArticleSunrise Resources shares soar as sampling confirms potential of Cue project
Sunrise Resources (LON:SRES) share soared over 20% in early deals today after it confirmed that the Cue project contains diamonds. It revealed findings of a sampling programme which showed the Cue...
View ArticleSunrise Resources secures £3 mln funding facility
Sunrise Resources (LON:SRES) has secured an equity line funding deal worth £3 million. The arrangement with Darwin Strategic, a subsidiary of Henderson Global’s Alphagen Volantis fund, provides the...
View ArticleUPDATE: Sunrise Resources secures £3 mln funding facility
---Adds broker comment and share price--- Shares in Sunrise Resources (LON:SRES) were lifted more than five per cent today after it secured an equity line funding deal worth £3 million. The...
View ArticleSunrise Resources says more work is required at Derryginagh
Sunrise Resources (LON:SRES) has told investors that more work is required to demonstrate the financial viability of the Derryginagh barite project in Ireland. A scoping study, prepared by Wardell...
View ArticleSunrise Resources unearths new kimberlites in Western Australia
Sunrise Resources (LON:SRES) told investors that it has unearthed two new kimberlite occurrences at the Cue diamond project in Western Australia. These surface occurrences were found through a...
View ArticleSunrise Resources committed to its exploration strategy
Sunrise Resources (LON:SRES) chairman Patrick Cheetham says the initial sampling results from the Cue diamond project are ‘first rate’ and drill results are early in the New Year.In today’s full year...
View ArticleSunrise Resources issues shares to diectors; chairman buys stock
Sunrise Resources’ (LON:SRES) chairman Patrick Cheetham has bought 125,000 shares in the diversified mineral explorer at an average of 0.795p per share. The company also revealed that it has issued...
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