Nevada Sunrise Receives Approval For Plan Of Operations At Golden Arrow, Nevada

June 2, 2016

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Nevada Sunrise (TSXV:NEV) announced that the U.S. Bureau of Land Management has approved a Plan of Operations for the Golden Arrow property located 40 miles (60 kilometres) east of Tonopah in Nye County, Nevada, USA.

As quoted in the press release:

Nevada Sunrise, through its wholly-owned Nevada subsidiary Intor Resources Corp., submitted a Plan of Operations (the “Plan”) for Golden Arrow to the BLM in early 2015. The Plan contemplates approximately 240,000 feet (73,170 metres) of drilling in up to 240 holes to explore for new areas of gold mineralization on the Property, and to potentially expand the known gold resources. The approval of the Plan is the successful outcome of a permitting process initiated by the Company in June 2014, when biological surveys commenced at Golden Arrow, followed by cultural surveys. In February 2016, an Environmental Assessment for the Project was filed online by the BLM for public review. After the required 30-day period, and following a review of comments received from the local stakeholders and other interested parties, the BLM concluded that the implementation of the Plan does not pose significant impacts on the Project area and a positive decision document was issued on May 11, 2016.

Nevada Sunrise President and CEO, Warren Stanyer, stated:

The approval of our Golden Arrow exploration plan is an important step for Nevada Sunrise. Our objective is to increase the size and quality of the gold resources at Golden Arrow and we are now able to carry out the work necessary to achieve that goal.

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Category: Energy