as of May 6, 2014
Sunrise has amended the terms of the option agreement with Colorado Resources Ltd. respecting Sunrise's Eldorado Property. The current year's exploration requirement has been reduced. As consideration, Colorado has paid $75,000 and issued 200,000 common shares to Sunrise. The amendment also adds a requirement for an additional 200,000 common shares to be issued by September 26, 2014 in order for Colorado to maintain its option. There also remains a requirement for $50,000 to be paid to Sunrise around the same time. Please refer to Colorado's news release dated April 29, 2014 for more information.
Sunrise Resources Ltd. is a mineral exploration company primarily focused on copper/gold in the Quesnel Trough, located in central British Columbia. Our principal assets include the Eldorado, Man-Prime, Timothy Lake, Moffet Creek, and Rayfield River properties.
The Eldorado property, which is partly within and partly adjoining Imperial Metal's Red Chris group of claims, is currently being explored by Colorado Resources which has an option to earn up to a 75% interest.
Aug 06, 2013
Sunrise Updates Exploration Activities
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