Sunrise Resources discovers diamonds

SUNRISE Resources has discovered diamonds at its site in Australia.

The Macclesfield-based company, which has been mining various sites in Canada, Finland, Ireland and Australia.

The results are from a 46kg sample collected in early February as a composite of kimberlite float lying on surface over a 100m area.

The company said the stone size distribution shows potential for larger stones in larger samples. Follow up work is now being planned.

Chairman Patrick Cheetham said: “This is a positive result for the project. The Target 5 kimberlite float is confirmed as diamondiferous; the stone count (stones/kg) is the highest seen so far, and whilst the small size of this first sample does not provide enough stones for a meaningful statistical evaluation of diamond grade, initial modeling suggests that the grade is higher than that of the recent drill samples from the Cue 1 kimberlite and that larger stones could be found.”