Company
Sunstone Metals Ltd
ASX:STM
Sunstone Metals Ltd is an ASX-listed mineral exploration company with two world-class gold and copper assets in Ecuador. The porphyry projects at Bramaderos and El Palmar have the potential to evolve into multi-decade gold-copper mining centres.
94 stories
Sunstone Metals delivers more wide gold-copper hits at Brama-Alba for inclusion in maiden resource
"The MRE, which we expect to deliver in December, will be the first step to building a significant inventory of gold and copper at Bramaderos," Sunstone MD Malcolm Norris said.
Sunstone Metals outlines El Palmar’s copper-gold potential with strong drill hits, new targets
Drilling at El Palmar continues to define a large mineralised system extending from the surface, while new porphyry and epithermal targets speak to the project’s growth potential.
Sunstone Metals heading to a resource declaration at Alba-Brama: RaaS Advisory
Sunstone’s drilling at Bramaderos gold-copper project in Ecuador will continue through 2022 with at least five further holes (2,000m) at Brama and a further six+ holes at Alba (2,400m).
Sunstone Metals delivers record 202 metres at 0.88 g/t gold equivalent hit at Brama-Alba discovery in Ecuador
“It is abundantly clear that we have a large gold-copper porphyry system at the Alba end of the 1.2 kilometre-long Brama-Alba porphyry deposit, which remains open in several directions,” said Sunstone managing director Malcolm Norris.
Sunstone Metals’ wide gold-copper intersections pave way for maiden Brama-Alba resource estimate in Ecuador
These results provide more evidence that the Brama-Alba discovery is large by global standards and contains grades in line with many well-known porphyry projects.
Sunstone Metals’ Ecuador projects continue to deliver: Taylor Collison
The sale of its European assets and the recent A$22.44 million capital raising has continued to keep Sunstone well-funded (with around A$27 million in cash and listed shares).
Sunstone Metals delivers strong assays that confirm higher-grade copper and gold zones at El Palmar in Ecuador
“The combination of the scale and the grades we are generating at El Palmar shows that this is clearly becoming a very valuable project in a world which desperately needs more large discoveries," says MD Malcolm Norris.
Sunstone Metals to quadruple landholding through acquisition near El Palmar gold-copper discovery in Ecuador
“This is an exceptional opportunity for Sunstone to secure a large, highly prospective landholding close to our El Palmar gold-copper discovery,” says MD Malcolm Norris.
Sunstone Metals expands gold-copper footprint at Bramaderos
The latest results from Bramaderos highlight higher-grade gold-copper zones near the surface — just before a maiden mineral resource is scheduled to come out later this year.
Sunstone Metals new gold-copper results at El Palmar discovery in Ecuador boost scale and grade
“Given the huge area of continuous, shallow mineralisation and grades which are in line with many well-known porphyry operations around the world, I have no doubt that we have a substantial project of very large scale at El Palmar,” says MD
Sunstone Metals completes $2.4 million SPP with funds to support gold-copper exploration
Combined funds from the placement and SPP will be used for exploration at the Bramaderos gold-copper project in southern Ecuador, the El Palmar gold-copper project in Northern Ecuador and for working capital.
Sunstone Metals expands Alba gold-copper porphyry discovery with more strong assays
“With each set of assay results the Alba gold-copper porphyry grows in scale. We are now seeing a consistently well-mineralised system with local higher grades of a significant scale,” Sunstone managing director Malcolm Norris said.
Sunstone Metals launches share purchase plan offering up to $30,000 of new shares
Sunstone Metals is offering up to $30,000 of 60 million new fully paid ordinary shares to investors, potentially raising up to $4 million in funding for development of the Bramaderos and El Palmar gold-copper porphyry projects in Ecuador.
Sunstone Metals raising $24 million to fund Ecuadorian copper-gold drilling
“The funds from this raising will ensure we can conduct multiple drilling programs and other exploration work in parallel,” says MD.
Sunstone Metals’ geophysics indicates Alba gold-copper porphyry continues to 1-kilometre deep
“We already know that Alba hosts high grades by porphyry standards and now it appears to have immense scale, with the geophysical survey indicating the system continues from surface to more than 1-kilometre deep. Our drilling has only teste
Sunstone Metals shines on confirming high-grade gold-copper porphyry discovery in Ecuador
“We would encourage investors to compare the Alba grades with some of those world-class gold-copper porphyries,” says MD.
Sunstone Metals’ latest assays confirm large, mineralised porphyry system at El Palmar in Ecuador
“We now have abundant evidence that El Palmar is a substantial copper-gold discovery. We have intersected significant widths of ore-grade mineralisation over a rapidly growing area. We believe we are at the top of the system and that the de
Sunstone Metals Ltd completes lithium sale to focus on gold-copper projects
“The sale gives us additional cash for our Ecuadorian gold-copper-focused exploration campaign while enabling us to retain exposure to the upside offered by involvement in the rapidly growing European lithium sector, Sunstone managing direc
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Sunstone Metals intersects broad gold-copper porphyry zones below Alba gold discovery in Ecuador
“The results so far demonstrate the presence of an Upper Gold Zone above a well-mineralised porphyry. These are some of the best porphyry gold-copper results we have seen in the broader Bramaderos Project," says MD.
Sunstone Metals sells 83.6% stake in Finland lithium project for A$920,000 in cash and shares
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Sunstone Metals (ASX:STM) A$0.1, Mkt cap A$212.8m – Two satellite targets identified by soil sampling results at El Palmar Sunstone reports that soil sampling has defined two priority targets for immediate drilling adjacent to the El Palmar
Sunstone Metals’ soil sampling confirms growing cluster of gold-copper mineralisation at El Palmar Project
Sunstone’s cash and equity investments remain strong at ~$18 million, allowing expanded exploration activities at both El Palmar and Bramaderos.
Sunstone Metals attracts ‘Speculative Buy’ recommendation in initial Taylor Collison report
The company looks to have made a major discovery at El Palmar Porphyry Copper-Gold Project in northern Ecuador, intersecting 480 metres of gold-copper mineralised porphyry from the surface in the first hole completed on the project.
Sunstone Metals looks to have made a major discovery at El Palmar: Taylor Collison
The company has significant exploration and evaluation programs going forward which should result in steady news flow.
Sunstone Metals delivers more wide gold-copper intersections from drilling at El Palmar in Ecuador
Importantly, all the holes drilled so far are mineralised from shallow depths, firming up the theory that El Palmar is host to a large gold-copper porphyry discovery.
Sunstone Metals shines on hitting 111 metres at 2.3 g/t gold including 7.2 metres at 26.88 g/t at Bramaderos in Ecuador
“The intersection at Alba is clearly an exceptional result which we will follow up immediately. The broader Alba target opens up a number of areas for drill testing," says MD.
Sunstone Metals well-funded to drive exploration after strong results at Ecuadorian gold-copper assets
The company's projects in the resources hotspot of Ecuador host gold-copper mineralised porphyry systems.
Sunstone Metals surges 91% as initial 480-metre intersection confirms El Palmar is a gold-copper porphyry discovery
The first assays have been received from drilling at the El Palmar gold-copper porphyry project in Ecuador.
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Sunstone Metals secures $4.6 million to accelerate drilling at Bramaderos gold-copper project
A second drill rig has been contracted and is now drilling at the high-grade West Zone gold target.
Sunstone Metals intersects extensive porphyry system at project in Ecuador
The next drill hole will be undertaken at Bramaderos Main target to follow-up an historical hole which intersected 248.1 metres at 0.56 g/t gold and 0.14% copper from 9.1 metres.
Sunstone Metals raising funds for copper and gold across three countries
The halt will remain in place until Monday 30th October 2017.