StockMarketWire.com - Sunrise Resources has signed a contract for a further drill programme at its Bay State Silver Project in Nevada.

"High-grade silver mineralisation was encountered in all three holes in our first phase of drilling on the Chihuahua Vein, so I am pleased to be announcing a contract for follow up drilling as well as a proposal for our first drill test of the parallel Lincoln Vein," said executive chairman Patrick Cheetham.

"Our key objective in this next phase of drilling is to demonstrate continuity of mineralisation along strike; to justify a substantial resource definition drilling programme, and a scoping study for the development of future silver mining operations."

HIGHLIGHTS:

- Three further drill holes planned as follow up to high-grade silver mineralisation found in Phase 1 drilling.

- Two holes to test Chihuahua Vein south of Mining Canyon and beneath 19th/20th Century mine workings.

- Additional hole planned as first test of Lincoln Vein System.

- Archaeological clearance work underway.

- Programme start provisionally scheduled for end of August.




At 9:42am: [LON:SRES] Sunrise Resources PLC share price was -0.02p at 0.19p



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