Sunstone Metals expands Limon footprint and identifies new zone | News Direct

Sunstone Metals expands Limon footprint and identifies new zone

Sunstone Metals Ltd
News release by Sunstone Metals Ltd

facebook icon linkedin icon twitter icon pinterest icon email icon 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”.

 

 

Contact Details

 

Proactive Investors

 

Jonathan Jackson

 

+61 413 713 744

 

Jonathan@proactiveinvestors.com

project media

Tags

Sunstone Metals LtdminingAsxproactiveAustraliaproactiveInvestors