Sunstone Metals expands Limon footprint and identifies new zone

–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 tracking

COMTEX_441797827/2655/2023-10-12T12:59:59

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.

Julian Lopez

Julian Lopez is professor emeritus of finance, served as the founding academic affairs dean and founding chair of the finance department.

View all posts by Julian Lopez →
error: Content is protected !!