Sunrise Resources Ltd. Mobilizing Drilling Equipment to Man-Prime
27.05.2013 | FSCwire
Armstrong, British Columbia CANADA, May 27, 2013 /FSC/ - Sunrise Resources Ltd. (SHI - TSX Venture), is pleased to announce that it is currently mobilizing drilling equipment and crew to the Man-Prime Property, which is the focus of the company's first 2013 drilling program.
This property is located north of Princeton, in southern B.C., and has had a number of drilling campaigns over the last 50 years. A review of old drill data has revealed that there were a number of significant copper/gold intersections returned from drilling in the late 1960's. This area has been only partially delineated and represents a very attractive target for further work. Please see our May 7, 2013 news release for additional historic information.
While recently visiting the property for initial diamond drill hole placement, a preliminary investigation was made on an area near the eastern property boundary which hosts untested, strong IP and soil geochemical anomalies. These anomalies are located near the boundary with Fjordland's property (see below) and represents an additional potential drill target. The area has been recently logged off and a significant number of outcrop occurrences are now evident on Sunrise's property. Several of these recently exposed outcrops (within the large IP anomaly measuring approximately 1200m x 250m) were grab sampled by J.W. Murton, P. Eng., a director of Sunrise. Early examination of the samples indicates significant pyrite mineralization along with sporadic chalcopyrite (copper) mineralization. Note that the amounts of copper mineralization may only be proven with assays. Samples are in transit to an independent laboratory.
In respect of its neighboring property, Fjordland has recently announced a Preliminary Agreement with Sumac Mines Ltd. This Agreement covering the Dillard Creek and Dill showings is located adjacent and contiguous with the eastern boundary of Sunrise's property.
Eldorado Property
Further to the company's news releases dated April 22 and May 7, 2013, drilling of Sunrise's Eldorado property is ongoing by Colorado Resources Ltd., which was granted an option in 2012 to acquire up to a 75% interest in the property. The current drill program is to consist of a minimum of 1,500 metres in three to five holes and will provide a broad first past test of the deep chargeability anomaly identified in the fall of 2012. The property is comprised of 4 claim blocks adjoining or within Imperial Metals' Red Chris group of claims. Colorado conducted its very successful IP survey on the largest block (D), which is approximately 7-8 kms on strike to the northeast from the Red Chris mine area and is in a similar geological corridor.
Mr. J.W. Murton P. Eng. is the qualified person who prepared and reviewed the technical information contained in this news release.
For further information, please contact:
Sunrise Resources Ltd.
Responsible Officer: Irvin Eisler, CEO and President
Telephone: (250) 546-6559
Email: i_eisler@telus.net
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This property is located north of Princeton, in southern B.C., and has had a number of drilling campaigns over the last 50 years. A review of old drill data has revealed that there were a number of significant copper/gold intersections returned from drilling in the late 1960's. This area has been only partially delineated and represents a very attractive target for further work. Please see our May 7, 2013 news release for additional historic information.
While recently visiting the property for initial diamond drill hole placement, a preliminary investigation was made on an area near the eastern property boundary which hosts untested, strong IP and soil geochemical anomalies. These anomalies are located near the boundary with Fjordland's property (see below) and represents an additional potential drill target. The area has been recently logged off and a significant number of outcrop occurrences are now evident on Sunrise's property. Several of these recently exposed outcrops (within the large IP anomaly measuring approximately 1200m x 250m) were grab sampled by J.W. Murton, P. Eng., a director of Sunrise. Early examination of the samples indicates significant pyrite mineralization along with sporadic chalcopyrite (copper) mineralization. Note that the amounts of copper mineralization may only be proven with assays. Samples are in transit to an independent laboratory.
In respect of its neighboring property, Fjordland has recently announced a Preliminary Agreement with Sumac Mines Ltd. This Agreement covering the Dillard Creek and Dill showings is located adjacent and contiguous with the eastern boundary of Sunrise's property.
Eldorado Property
Further to the company's news releases dated April 22 and May 7, 2013, drilling of Sunrise's Eldorado property is ongoing by Colorado Resources Ltd., which was granted an option in 2012 to acquire up to a 75% interest in the property. The current drill program is to consist of a minimum of 1,500 metres in three to five holes and will provide a broad first past test of the deep chargeability anomaly identified in the fall of 2012. The property is comprised of 4 claim blocks adjoining or within Imperial Metals' Red Chris group of claims. Colorado conducted its very successful IP survey on the largest block (D), which is approximately 7-8 kms on strike to the northeast from the Red Chris mine area and is in a similar geological corridor.
Mr. J.W. Murton P. Eng. is the qualified person who prepared and reviewed the technical information contained in this news release.
For further information, please contact:
Sunrise Resources Ltd.
Responsible Officer: Irvin Eisler, CEO and President
Telephone: (250) 546-6559
Email: i_eisler@telus.net
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.