Company Overview
Sunstone Metals (ASX:STM) is an ASX-listed mineral exploration company with two world-class gold and copper assets in Ecuador.
Sunstone’s two porphyry projects are the:
1. Bramaderos Gold-Copper Project
The Bramaderos Project is located in southern Ecuador and has a 10Moz+ Exploration Target for the gold-copper porphyry deposits (including a 2.7Moz-qu Mineral Resource at Brama-Alba) and 1.0-1.7Moz Exploration Target at the Limon epithermal system.
The current drilling activity is focused on progressing Limon to a Mineral Resource and represents a near-surface high-grade gold-silver development opportunity.
2. El Palmar Gold-Copper Project
Sunstone has also made a significant discovery at the highly prospective El Palmar copper-gold porphyry project, located in northern Ecuador, 60km north-west of Ecuador’s capital Quito. The property sits on the regionally significant Toachi Fault Zone that hosts a number of world-class copper porphyry systems. The Project has both at-surface and deeper porphyry systems and drilling to date has demonstrated a pathway to a large starter open pit development opportunity.
Track record
The team at Sunstone has been involved in significant discoveries of porphyry and epithermal copper-gold mineralisation at Tujuh Bukit in Indonesia and Cascabel in Ecuador, and the successful development of the King of the Hills Gold Mine in Western Australia and Koniambo Nickel Mine and Smelter in New Caledonia.
The Company continues to attract specialist resources executives and is well-placed to repeat that success at Bramaderos and El Palmar.
Excellent infrastructure
All projects are supported by established infrastructure in close proximity to power, road and/or rail infrastructure and ports.
Community support
The Board and Management Team take their responsibilities to the host communities seriously and have endeavoured to implement the highest ESG standards from Day 1.
Sunstone released its inaugural Sustainability Report in 2023 which details the level of support and engagement with local communities and project stakeholders.
