A New Sunrise - April 2021, page-88

"Platinum in the ground: Management have previously advised that it was not economical to mine the platinum resource we have identified."

Correct in what you say as indicated to this point is not economic.
That is why they are drilling 400-600m below the surface to find the source of the platinum in the Sunrise laterite.

17 November 2020Phoenix Platinum Zone Drilling Update
• First hole of planned six-hole diamond core drill program completed. The program
is aiming to intersect the dunite structures at depth (targeting 400-600m below
surface) which are proposed to be the source of the platinum in the Sunrise laterite

• This initial hole (SDD022) was targeting the area approximately 120m below surface
which was identified in historic drilling undertaken by Ivanplats (SRC1257 returned
4m (from 119m) @ 7.4g/t Pt, 0.13% Ni and 0.01% Co, for 29.4 g.m Pt)

• SDD022 successfully intersected that target area, with visible indications of
chromite veining, and hand-held X-ray fluorescence spectroscopy (‘XRF’) analysis
also indicating elevated levels of Cr, Fe and Mg in veins

• Chromite veining is typically found coincident with platinum group elements
(‘PGEs’) in Alaskan style dunite pipe systems. Chromite veins were also reported
by Ivanplats in the target area of SRC1257

• Assays results from first three holes expected in January 2021

Expected in January 2021. For those of you who own mining exploration companies know that there is a backlog of assaying. And yes it is frustrating.

I assume we will get a result showing at some point. A g/t result over 5 I guess we will get a bit of a burst in the share price.