Sunrise Energy Metals Limited (ASX:SRL) Reports High-Grade Scandium Assays at Syerston
Drilling Campaign Results
Sunrise Energy Metals Limited conducted a 125-hole reverse circulation drilling campaign totaling 3,589 metres at the Syerston Scandium Project during April and May 2025. The campaign aimed to expand zones of higher-grade scandium mineralisation, with over half of the 3,574 assays received from ALS Laboratories indicating multiple new areas of continuous, high-grade scandium mineralisation.
Significant Assay Intersections
Notable high-grade scandium intersections include 7m at 884ppm from 1m, 4m at 678ppm from 4m, 6m at 788ppm from 4m, 5m at 656ppm from 1m, 13m at 743ppm from 6m, 5m at 714ppm from 3m, and 7m at 666ppm from 4m. These results will be integrated into an updated Mineral Resource Estimate and the ongoing Feasibility Study for the Syerston Scandium Project.
Future Plans
Upon completion of the drilling campaign and the release of all assay results, Sunrise Energy Metals will update the Syerston Mineral Resource Estimate. This update will support the current activities in revising the Feasibility Study, targeting rapid, low-cost development and production options supported by one of the world’s largest and highest-grade scandium resources.
Executive Comments
Sunrise Energy Metals Managing Director, Sam Riggall, stated, “Recent drill results have identified further zones of continuous, high-grade scandium mineralisation within our Sunrise Mining Lease (ML1770), and they remain open in multiple directions. These zones will form the basis of an initial multi-decade mine plan for our Syerston Scandium Project Feasibility Study, targeting rapid, low-cost development and production options, supported by one of the largest and highest-grade scandium resources in the world. The scandium market remains extremely tight since China imposed export restrictions in April 2025. Discussions continue with potential customers in both the advanced alloy and semiconductor industries.”
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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