Sunrise Resources (GB:SRES) has released an update.
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Sunrise Resources Plc has completed Phase 2 of its drilling program at the Pioche Sepiolite Project in Nevada, successfully drilling 12 holes and creating 6 pits to sample sepiolite, a rare clay used in various industries. Managed and funded by Tolsa USA Inc., the project could lead to Tolsa purchasing the site for $1.4 million by December 2024, with additional revenue for Sunrise through a 3% royalty on production.
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