Sunrise Energy Metals Co-Chairman, Robert Friedland, stated “we have long suspected that the
Sunrise laterite may be the weathered surface expression of an Alaskan-style dunitic system that
lies beneath – in the late 19th century this area was the world’s largest source of platinum and
remains the site of the only primary platinum mine in Australia. Alaskan-style dunites host some
of the major platinum occurrences in Russia and South Africa. Although it’s still early days for this
new and exciting development, this stunningly high-grade platinum intercept is highly
encouraging in terms of the potential for what may lie below this amazing Sunrise ore body. We
will be following up this initial success with great enthusiasm.”
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