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Sunstone Metals Ltd.
Summary
| Project: | Bramaderos | |
|---|---|---|
| Deposit: | Limon | |
| Location: | Ecuador | |
| Commodities: | Gold-Copper | |
| Date: | 12/3/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-12-2019: Sunstone Metals Ltd. announces an Exploration/Drilling Update report for its Limon deposit at the Bramaderos project. Drilling results incl. 360.5m @ 0.06g/t Au, 0.06% Cu, 16.9ppm Mo from 703.25m. Sunstone Metals Limited (ASX:STM) is pleased to | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bruce Rohrlach (Internal) | |
| ABSTRACT: | Sunstone Metals Limited (ASX:STM) is pleased to announce that the latest results from its Bramaderos Project in Ecuador provide more evidence that drilling is closing in on the centre of large copper-gold porphyry system at the Limon target and Bramaderos Main is growing with each drill hole. Assay results from drill hole LMDD004 at Limon have delivered a long interval of highly anomalous copper and gold values over 360m from 703m down hole, to the end of hole (Table 1). Low grade mineralisation is open at depth. LMDD004 intersected a sequence of magmatic and hydrothermal breccias and altered intrusive rocks (phyllic and argillic altered diorites). Vein intensity was mostly low averaging 2 quartz veins per meter over the 340m interval from 700m to 1040m depth, but locally averaging 25 quartz veins/metre within a narrow potassicaltered quartz diorite dyke. The lower part of the hole contained intervals of intense pyrite alteration with minor chalcopyrite within a broader phyllic alteration zone. These results are very significant and strengthen our belief that this drill hole, LMDD004, and previously reported drill hole LMDD002, have drilled in close proximity to, and within the outer halo of, a mineralised porphyry gold-copper system of significant scale. The long mineralised intervals in both holes are approximately 250m apart. 3-D modelling of recently collected detailed ground magnetic data has identified a target located beneath the central parts of holes LMDD002 and LMDD004. | |
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