Executive Summary
Sunrise Diamonds plc has been established as a spin-out from the Tertiary Minerals primarily to acquire and exploit Tertiary's diamond exploration interests in Finland. It also intends to acquire, explore for, and develop additional diamond exploration properties. Sunrise's properties comprise 2 claims (exploration licences) and 34 claim reservations in the Kuusamo region of north-east Finland. These confer exclusive exploration rights over new kimberlite discoveries made by Tertiary Gold at Kalettomanpuro and Kattaisenvaara and over 45 additional targets that the Directors believe justify further exploration for diamondiferous kimberlites in the newly defined Kuusamo kimberlite cluster. A programme of geophysics, diamond indicator mineral sampling and follow up drilling is scheduled to start immediately. Whilst there are no geographic or commodity restrictions on its future activities, the Company intends to focus initially on exploration and evaluation of diamond exploration projects in Finland and prospective complementary geological terrains in Northern Europe and adjoining areas. The Company may expand its exploration activities elsewhere in future and may consider the acquisition of advanced or producing diamond or other mineral assets.
Company History
Current Events
Business Model
Products/Services
Segments/Customers
Production/Operations
Distribution/Routes to Market
Market & Competition
Market Share
Main Competitors
Competitive Strengths and Weaknesses
Management
Financials
Profit & Loss
Balance sheet
Cashflow
Valuation
Comparable Companies
SWOT Analysis
Strengths
Weaknesses
Opportunities
Threats
