Highlights
- High-grade scandium intersected in multiple new zones
- Over 3,500 assays analyzed from 125-hole campaign
- Results to inform updated resource estimate and feasibility plan
Sunrise Energy Metals (ASX:SRL) has released promising assay results from its recent drilling campaign at the Syerston Scandium Project, reinforcing the project's potential as a globally significant scandium resource. Conducted during April and May 2025, the company completed a 125-hole reverse circulation drilling campaign spanning 3,589 metres. The primary objective was to identify and extend zones of high-grade scandium mineralisation across the site.
Of the 3,574 assays received from the campaign, more than half revealed new, continuous zones of high-grade scandium mineralisation. Some of the standout results included intersections such as 7 metres at 884 parts per million from 1 metre, 6 metres at 788 parts per million from 4 metres, and 13 metres at 743 parts per million from 6 metres. Additional significant findings included 5 metres at 714 parts per million from 3 metres, 4 metres at 678 parts per million from 4 metres, 7 metres at 666 parts per million from 4 metres, and 5 metres at 656 parts per million from 1 metre. These consistent, high-grade intervals strengthen the geological model for the site and indicate a robust scandium presence that remains open in several directions, offering potential for further expansion.
All assay results will be incorporated into an updated Mineral Resource Estimate, which will serve as the foundation for the next phase of the Feasibility Study. This study aims to explore rapid, cost-efficient development and production strategies, leveraging the substantial scandium endowment at Syerston. The company’s strategic direction is aligned with the growing importance of scandium, especially given the increasingly tight global supply situation. Since China implemented export restrictions on scandium in April 2025, interest in alternative supply sources has intensified, placing additional relevance on projects like Syerston.
Sunrise Energy Metals is currently advancing commercial discussions with potential offtake partners in industries such as advanced alloys and semiconductors. These sectors are critical to the future of lightweight manufacturing and electronics, and demand for scandium is expected to remain strong.
Although Sunrise Energy Metals (SRL) is not currently a constituent of the ASX 200, its progress with the Syerston project showcases how companies outside major indices can still contribute significantly to Australia’s strategic resource landscape. As the feasibility update unfolds, market attention may continue to grow around this high-grade scandium opportunity.