Mineral exploration and development firm Sunrise Resources has signed a drilling contract for its Cue Diamond project in Western Australia.
Expected to start around 1 April, the drilling programme intends to evaluate diamond content of Soapy Bore kimberlite and test other targets including a source for diamondiferous kimberlite float at Target 5.
Go deeper with GlobalData
The Cue Diamond project is located in the Murchison Mining District 80km north-west of the town of Cue in Western Australia.
The project area was explored by De Beers in the period 1994 to 2002, when the company discovered several kimberlite dykes in two separate areas within the application area – Cue 1 and Soapy Bore.
Sunrise said exploration carried out such as drilling of the Cue 1 kimberlite, has confirmed the high diamond prospectivity of the licence area.
The exploration also resulted in the discovery of new occurrences of diamondiferous kimberlite on surface, as well as defining several other targets for follow-up.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataSunrise Resources has also unveiled positive initial sampling results from its Strike copper project in Nevada.
Preliminary chip samples from workings and trenches returned values up to 3.14% copper over 1.8m and 0.70% over 6.0m.
Grab samples returned values up to 2.64% copper and the company is currently planning soil sampling for drill targeting.
Sunrise Resources executive chairman Patrick Cheetham said: "Following our recent fundraising, we are progressing quickly with our planned exploration programmes and I am pleased to be announcing the start of drilling at the Cue Diamond Project in Australia and the positive sampling results from the Strike Copper Project in Nevada where follow-up work is now being planned."
Sunrise holds applications for two gold exploration projects in Western Australia and has an active project programme to generate new exploration projects in Australia and Nevada, US.
.gif)
