Sunstone Metals expands Limon footprint and identifies new zone
Melbourne, Victoria | October 12, 2023 01:00 PM Eastern Daylight Time
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”.
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Proactive Investors
Jonathan Jackson
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