http://www.sunrisediamonds.com/



Sunrise Diamonds 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.

RNS's from SDS can be viewed at:

http://www.uk-wire.com/cgi-bin/index?search_type=3&words=sds&go.x=19&go.y=7

I am indeed. Took up the share offer from holding Tertiary Minerals shares. Now that must go down as one of the worst ever investments for me. Hoping this might help turn my luck around.

Only a very small holder. New to this game and learning the hard way

Thats how we all learn!! I think SDS is a good one to hold, the problem is that there are so many small mining companies hoping to strike it. Like all penny shares they have a high risk, especially with the spread on some. Im also into Uranuim Resources (URA). Due a tick up soon.
I will keep the thread updated when I get more info.
wilbs

Website now up and running and info on their projects.

http://www.sunrisediamonds.com/

wilbs

KEY KIMBERLITE INDICATORS FOUND

AT FIVE MAGNETIC TARGETS IN N. FINLAND

Drill Testing of Priority Targets In Diamond Search To Start Within Days
Indicator Minerals Include Kimberlitic Chromites, Pyrope And
Picro-Ilmenites

Sunrise Diamonds plc, ('Sunrise Diamonds' or 'the Company') is pleased to
announce that drill testing of magnetic targets at its Kuusamo diamond project
in northern Finland will start within the next few days. This follows the
finding, in early sampling, of kimberlite indicator minerals ('KIMs') including
kimberlitic chromites, pyrope garnets, picro-ilmentites, and chrome diopsides.
KIMs are minerals typically found in kimberlites, the main primary source of
diamonds.

The Karelian Craton, a geological block that underlies northern and central-east
Finland and a part of neighbouring western Russia, is considered by the Company
to be one of the most diamond prospective areas in the world. Over the border
this craton hosts the world-class Arkhangelsk diamond deposits, whilst the
prospectivity of the Finnish part of the craton has been further enhanced by the
announcement by European Diamonds PLC last week of the discovery of a new
kimberlite body in central Finland.

Since admission to AIM on 6 June the Company has progressed quickly in its
evaluation of its untested targets at Kuusamo. A total of 89 surface and basal
till samples have now been taken to test for glacial dispersion of possible
kimberlite material from a total of 33 magnetic targets. In addition ground
magnetic surveys have been carried out at 11 targets. Thirty-one of the till
samples have been processed for indicator mineral recovery by the Geological
Survey of Finland (GTK) as contractor for Sunrise Diamonds.

GTK has commenced preliminary indicator mineral picking and microprobe analyses
of selected indicator mineral grains to confirm their kimberlitic parentage. To
date KIMs have been found in six samples associated with five of the initial
magnetic targets. They include 'kimberlitic' chromites having compositions
matching chromites found as inclusions in and inter-grown with diamond,
'kimberlitic' picroilmenites with compositions favouring diamond preservation,
pyrope garnet, and chrome-diopsides of mantle origin.

Drilling will progressively test priority targets defined by a combination of
magnetic anomalies and kimberlite indicator minerals. Indicator mineral sampling
and picking is continuing.

'It is particularly exciting to get such positive results so early in the
programme and raises an expectation that further kimberlites will be discovered
in the Kuusamo area.' commented Patrick Cheetham, Sunrise Diamonds' Chairman,
today.

wilbs

Thanks again for the info Wilbs.

No probs Rasenberg.
I like this company, they dont hang about, this is since june.

Since admission to AIM on 6 June the Company has progressed quickly in its
evaluation of its untested targets at Kuusamo. A total of 89 surface and basal
till samples have now been taken to test for glacial dispersion of possible
kimberlite material from a total of 33 magnetic targets. In addition ground
magnetic surveys have been carried out at 11 targets. Thirty-one of the till
samples have been processed for indicator mineral recovery by the Geological
Survey of Finland (GTK) as contractor for Sunrise Diamonds.

wilbs

New Kimberlite finds today and up to a 3p bid so 300% up on June 1st launch. Expecting a continued positive news flow through to end Summer during validation phase in Finland. Much more to come yet I feel.

Its good news and im sure there will be plenty more. Tuck this baby away for a while, 2 years sounds good to me!!!

Sherlock Hargan reporting from the deepest corner of the Kuusamo region of north-east Finland. .....European Diamonds have jumped +50% on the news of their first diamond recoveries in Finland this week having been in an intensive Kimberlite testing phase. SDS are testing their rights in the same geological zone as part of their testing phase in Finland with results expected late Summer. We all know the risks in these stocks but even though my logic is elementary, my dear Watson, surely a reason to add a few at the current price for as long as it's available. A positive result will send these into orbit.

News Releases
14, December 2005

SUNRISE ACQUIRES DIAMOND EXPLORATION DATABASE FOR WHOLE OF FINLAND

BHP Billiton Database Gives Sunrise 6 Year Leap-Forward In Exploration Of Karelian Craton
Consideration Is Five-Year Option On 5m Sunrise Shares At 5p Each
BHP Billiton Has Right To Match Terms Of Any Third Party JV or Acquisition Offer
Sunrise Diamonds plc ( Sunrise or the Company) is pleased to announce that it has signed an agreement with BHP Billiton to acquire exclusive use of BHP Billitons diamond exploration database for the whole of Finland. It includes results from over 18,000 geochemical samples, 25,000 line km of close-spaced airborne geophysical data, a large archive of ground magnetic and drilling data and numerous evaluation reports. Sunrise estimates that this extensive database has a replacement value of over US$10milllion.

Terms for the acquisition are the issue to BHP Billiton of a 5-year option to acquire 5 million Sunrise shares at 5p each (a premium of 150% to the share price on 13 December 2005) and granting it the right to match any third party terms for any future joint venture or acquisition of any Sunrises diamond exploration projects in Finland. Should this result in a JV with BHP Billiton being established, BHP Billiton will also have the right to match the diamond marketing terms and conditions offered by any third party.

BHP Billiton acquired the diamond database in 2001 as a result of its takeover of Dia Met Minerals Ltd (Diamet), the Canadian exploration company whose main asset at that time was its Ekati diamond project in the Northwest Territories, which is now in production. The database was assembled from the results of 6 years exploration (1994-2000) by Diamet in Finland and includes merged data from a joint venture with Australias Ashton Mining. Ashton had been exploring in Finland since 1986 and had discovered 25 kimberlite pipes, mainly in the Kaavi-Kuopio area near the south-west margin of the Karelian Craton.

Diamets exploration activities in Finland were directed by Chuck Fipke, the pioneering geologist whose discovery of Ekati resulted from his dogged devotion to tracing kimberlitic indicator mineral trains for many hundreds of miles back to their source. Diamets exploration in Finland ended with the BHP Billiton takeover, but target selection was ongoing until then.

Commenting today, Sunrise Chairman, Mr Patrick Cheetham, said: The replacement value of this database is more than twice our current market capitalisation. It will help focus our exploration effort in the Kuusamo area where we recently announced the discovery of micro-diamonds. It also gives us a 6-year leap forward in target definition and exploration in the remainder of the Finnish sector of the Karelian Craton. Over the border in Russia the same craton already hosts producing diamond mines.

Further Info :
Patrick Cheetham, Sunrise Diamonds plc. Tel: +44 (0)1625-505947. Mobile: +44 (0)7767-458751
John Greenhalgh / Ron Marshman, City of London PR Ltd. Tel: +44 ( 0)20-7628-5518

The news of the BHP Billiton initiative promoted a sharp jump in SDS price - up 62% at peak, now only 50% - but surprisingly, has had no impact on Tertiary at all (yet). Have topped up on TYM - do not hold any SDS.

Regards,

BTB

Starvest have invested 400k for 14% of sds, obviously not a total certainty but I would expect this to move haead, maybe to 5p short-term!!

The 400k is for?

ellio,

It says in the RNS.

As a SVE holder, I find this investment disappointing to be honest, but Bruce is no fool, so i'll defer to his better judgement.

too speculative!

ellio,

Agreed.

any reason for the drop in price following the equity announcement?

dilution

LOOKS LIKE ANOTHER BRUCIE BABY!

SVE ON THERE WAY TO DOUBLE THERE MONEY AGAIN!

AMAZING

To be honest, having seen their presentation last Tuesday, I would think Bruce has bagged another potential bagain in the longer term.

Looking at today's trades, maybe a rumour or tipsheet has come out with something, as there was fairly rapid buying from the bell, which has calmed down now.

Trades were PI size, and the ridiculous spread of 0.5p ensures that nobody has made any money yet!