by –News Direct–
Sunstone Metals Ltd (ASX:STM) MD Malcolm Norris tells Proactive the company has received further high-grade gold-silver assays from the Limon epithermal discovery at the Bramaderos Project in southern Ecuador, significantly expanding the known epithermal mineralisation and identifying a new area of mineralisation. The known epithermal mineralisation now occurs over a strike length of about 800 metres and is open in all directions. With this, Sunstone expects to be in a position to publish an exploration target later this quarter, demonstrating the potential for a substantial near-surface mineral resource.
Norris said, Limon is a significant discovery and it continues to grow with every round of drilling and assays. There is now abundant evidence to demonstrate that the orebody has every potential to support a starter pit opportunity for the large-tonnage Bramaderos porphyry development.
We intend to release an exploration target on the Limon epithermal system in this quarter and demonstrate potential for Bramaderos to deliver a global Tier 2 gold-copper-silver opportunity.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
Jonathan@proactiveinvestors.com
View source version on newsdirect.com: https://newsdirect.com/news/sunstone-metals-expands-limon-footprint-and-identifies-new-zone-783320245
Sunstone Metals Ltd
COMTEX_441797827/2655/2023-10-12T12:59:59
Julian Lopez is professor emeritus of finance, served as the founding academic affairs dean and founding chair of the finance department.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No journalist was involved in the writing and production of this article.