Annual Report 2023

Figure 3: Limon gold in soils map showing extensive anomalous gold over an area of 1.7km x 700m. Red lines show planned followup drilling to extend the multiple high-grade zones in LMDD017 - 026. Several other areas of gold (+/- zinc) anomalism (circled in red) represent robust targets and will also be drill tested. The positive implications of the recent results from Limon are that the epithermal system has the potential to deliver high gold and silver grades across multiple zones and targets. Several areas have been defined for further drilling, which is ongoing, and the potential upside is assessed to be considerable. In addition to the Limon Epithermal Target there was a further discovery from drilling undertaken in December 2022 of a well mineralised gold-copper porphyry system at the Limon target, with 79m at 0.90g/t AuEq (0.52g/t gold, 0.19% copper, 9.4g/t silver), from 90m in LMDD010, including 34.7m at 1.26g/t AuEq (0.77g/t gold, 0.24% copper, 14.1g/t silver), from 94m (Refer to ASX Announcement dated 18 January 2023). This discovery reinforces the concept of multiple gold-copper porphyry systems and gold-silver epithermal systems within the 50km2 Bramaderos concession and highlights the potential for significant growth of mineral resources at higher grades. Overview Operating Review continued 8 Sunstone Metals Limited Annual Report 2023

RkJQdWJsaXNoZXIy MjE2NDg3