Sunrise Resources plc has been granted a four-year prospecting licence for its Baker’s high-grade gold project, five years after first drilling at the site in the Murchison gold field, Western Australia.
The term for licence P51/3378, located within the Meekatharra District, ends on 6 August 2030 and is renewable for a further four years.
In 2021, the company drill tested an extensive surface gold-in-soil anomaly, and returned an intersection of two metres grading 14.4 g/t gold from 64m downhole.
The company also reported that the high-grade mineralisation was open in all directions.
The Government of Western Australia’s grant of the licence follows Sunrise’s signing of the Aboriginal Heritage Agreement on 28 July 2026 and the withdrawal of Aboriginal objections.
Executive chairman Patrick Cheetham said: “The Baker’s project is a valuable asset for the company and our past expenditure on this project, just over £162,000, does not reflect in our balance sheet having been written off in 2022 following the end of our previous tenure over the area.
“After years of impasse, our exploration rights are now secure and the company is free to resume exploration of this exciting project and to follow up on our previous high-grade gold drilling results.”