SUNRISE MINERALS INC 2007 FIELD PROGRAM SUMMARY
Toronto, Ontario, June 27, 2007 - Sunrise Minerals Inc. [TSXV:SUN] announces the results of its winter 2007 work program in Baja California North, Mexico.? The Company has an option agreement with Baminex S.A. de C.V ("Baminex") to earn up to 100% in a portfolio of properties all located in Baja California North, Mexico.? Work programs were conducted on both the San Juan and Luz De Mexico gold and silver properties as well as a reconnaissance program on its portfolio of IOCG properties.
The San Juan property hosts 5 old high grade gold/silver veins that were mined up to the turn of the last century.? The largest of these veins is the San Juan Mine with an unsubstantiated estimate of over 100,000 tones or rock being extracted.? The focus of this work program was to assess the La Libertad zone, which is situated approximately 4 kilometers north of the old San Juan Mine.? The La Libertad zone is comprised of a moderately to strongly weathered, weakly altered felsic intrusive, generally granitic which has been intruded with fine grained diorite.? Both units have gold anomalous quartz veining and the earlier granite phase shows some evidence of brecciation.?
The quartz veins pinch and swell from 15cm to 2m in width and generally are approximately 50cm wide.? 32 rock samples were collected from this area.? The intrusive generally lack any indications of mineralization however the quartz veins generally show patchy iron oxides and occasional sulphide mineralization.
Seven gold anomalous quartz veins which vary from 36cm to 2 metres wide and have a surface expression which were traced for over 500 metres have been identified.?? Twelve samples over the 500m strike length have returned results which average 2.21 g/t Au.?? The best result across one of the quartz veins returned 2m@ 5.4g/t Au.? All samples were complete channel samples across the strike direction of the veins.?? The anomalous quartz veins also generally carry elevated lead with values up to 3.2% Pb.
The Company intends to follow up these results in the fall of 2007 with an intensive program of sampling of the quartz veins and trenching through the colluvial cover to identify the extent of the veining below cover.? Depending on the results, the Company intends to follow this program up with a phase 1 drilling program in the winter of 2007/2008.? Once the program is planned, further details will be announced.
The work programs at Luz De Mexico and the IOCG properties failed to produce any significant results.? As a result, Sunrise Minerals has notified Baminex of its intent to drop the Luz De Mexico project and its entire IOCG portfolio, namely, El Mesquite, Chapalita, El Cirio, Juan Sebastian, La Cora, La Maya II, El Torito, and Xilma.?
With this trimming of its holdings, the Company is satisfied with the balance of its project holdings as they all represent legitimate gold and/or gold silver targets.? In addition to the follow up work program on San Juan, Sunrise intends to initiate a phase 1 work program on both the Barbara and Cadones concessions.? The program will consist of mapping and sampling with an aim to follow up on the old showings scattered across both concessions.
This release has been reviewed by Luis Ignacio Silva, Exploration Manager for Sunrise and a qualified person as defined by National Instrument 43-101.? All assaying was performed by Acme Analytical Laboratories Ltd, Vancouver.
Sunrise Minerals intends to build shareholder value by acquiring, exploring, and developing high-quality gold, silver and copper projects in Latin America.? The Company has assembled an impressive portfolio of properties in Baja Mexico, covering strategically located, highly prospective and under-explored ground.? .
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For further information, contact
Ari Sussman, CEO 1-416-643-7655 or
Email:? info@sunriseminerals.com
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States.? The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.? Statements in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute Forward-looking statements. Such statements are based on numerous assumptions and are subject to all the risks and uncertainties inherent in the Company's business, including risks related to mineral exploration and development. Consequently, actual results may vary materially from those described in the forward-looking statements.
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The TSX Venture Exchange does not accept responsibility for the adequacy and accuracy of this release.
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