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Sunstone Metals Ltd.
Summary
| Project: | Bramaderos | |
|---|---|---|
| Deposit: | Limon | |
| Location: | Ecuador | |
| Commodities: | Gold-Copper | |
| Date: | 10/15/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-10-2019: Sunstone Metals Ltd. announces an Exploration/Drilling Update report for its Limon deposit at the Bramaderos project. Drilling results incl. 59.6m @ 0.06g/t Au, 0.16% Cu from 57.8m. Sunstone Metals Limited (ASX:STM) is pleased to announce more | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bruce Rohrlach (Internal) | |
| ABSTRACT: | Sunstone Metals Limited (ASX:STM) is pleased to announce more highly promising results from the Limon Prospect at its Bramaderos Project in Ecuador which provide further evidence that it is closing in on a large copper-gold porphyry system. Sunstone Managing Director Malcolm Norris said: “It is still early days at Limon, but a very encouraging model is emerging. These results on their own deliver strong potential for a larger shallow high sulphidation blanket system with results such as 13m at 0.43% copper, and strong evidence of a nearby porphyry gold-copper system. “The larger significance is the porphyry potential and the confidence this gives us to plan our next set of drill holes at Limon. The combination of large anomalies in multiple surface datasets, discovery of a ‘high sulphidation’ mineralised blanket, and discovery of mineralised porphyry clasts in breccias point to a large porphyry system being present. We will find it.” The very encouraging results from Limon must also be considered in the context of the broader Bramaderos Project potential. While the Limon porphyry target is delivering a deeper than expected target zone, the Bramaderos Main target is an outcropping porphyry system with the potential to deliver a significant scale deposit. Drilling is focussed on that definition of scale. Limon and Bramaderos Main are the first two of six recognised porphyry systems on the property to undergo drill testing. An additional four porphyry targets at Porotillo, Gangue, Melonal, and Playas all have a degree of porphyry mineralisation at surface and require modern exploration to bring these to drill-ready status so that the core of these additional systems can be drill tested. | |
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