Sunstone Metals Ltd Company Profile

Exploring Ecuador's Premium Gold and Copper District

Sunstone Metals (ASX:STM) is a resource exploration and development company advancing quality gold and copper assets in Ecuador and Finland.

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    Sunstone Metals Ltd
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    Metals & Mining
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    Diversified Metals & Mining
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Company Overview

Sunstone Metals Limited (ASX:STM) is an ASX listed mineral exploration company with high quality gold and copper assets in Ecuador and Finland, as well as a significant equity investment in Copperstone Resources AB of Sweden. Sunstone’s assets are the Bramaderos Gold-Copper Project, the Southern Finland Gold Project and an equity investment in Copperstone Resources AB.

The Bramaderos Gold-Copper project is located in southern Ecuador and is a joint venture between Sunstone and TSX:V listed Cornerstone Capital Resources. Sunstone can earn up to an 80% position in the project by funding activities through to commencement of production. The project is considered to be highly prospective for the discovery of porphyry and epithermal gold-copper deposits.

The Southern Finland Gold Project is located 100km north-west of Helsinki in southern Finland where the Company has commenced exploration at the Satulinmäki prospect, and identified significant gold mineralisation. Intersections of 23.5m at 3.3g/t gold (including 9.2m at 7.3g/t gold) were intersected in shallow drilling completed in 2016, and recent geophysical studies suggest a large gold system with limited drilling.

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Exploring Ecuador's Premium Gold and Copper District

Sunstone Metals (ASX:STM) is focusing on the exploration of the Bramaderos Gold-Copper Project centred approximately 69km west-southwest of the provincial capital city of Loja. Sunstone also holds a large land position of just over 2,000km2 in an emerging gold district through their Southern Finland Gold Project (SFGP).
Multiple Projects

There are multiple drill targets in El Palmar and Bramaderos that could significantly expand the potential size of the gold deposits.

Prime Location

The regions surrounding El Palmar and Bramaderos has a history of gold mining and exploration with companies like SolGold and Titan Minerals operating in the same region.


With $4 million in cash and $18.7 million in liquid equity holdings with Copperstone, Sunstone has a strong cash position to support further exploration.

Latest Presentation

Click here to read the company's latest presentation

Strategically Located Project

The Bramaderos Project is strategically located along strike from the Dynasty Goldfield (epithermal gold), and within a region of other significant porphyry goldcopper opportunities. At Bramaderos 6 porphyry gold-copper systems have been identified and all are mineralised. At least 2 known mineralised epithermal goldsilver systems; plus many additional targets.

Overview of Projects

Click here to view an in-depth coverage of Sunstone's Projects

An Exciting Epithermal Discovery at Espiritu

Sunstone's Espiritu discovery is growing with further exploration as compelling anomalies defined to the south of the area of drilling and a 1.2km long belt still to be drilled. Trenching has returned 4m at 415 g/t silver, 0.9g/t gold, 12.9% zinc+lead, within a broader zone of 21m at 82g/t silver, 0.3g/t gold and 2.5% zinc+lead. Rock chip sampling has delivered up to 11.9g/t gold, 2962g/t silver, 7% zinc for individual samples. Strike extent of mineralisation 400m so far and growing as further drilling continues.

Exciting Espiritu Market Update

Click here to see the recent market release highlighting high-grade silver-gold intersections

Fully-funded to support multiple near-term milestones

Sunstone Metals is fully-funded to continue advancing the Bramaderos and El Palmar Projects as it shifts towards aggressive drilling in the region. Having $4 Million in cash and $18.7 Million in liquid equity holdings with Copperstone Resources AB, Sunstone has a strong cash position to support further exploration.

Exploration Potential at El Palmar

Staged Acquisition Agreement to secure 100% of the El Palmar property. Prospective for porphyry copper-gold similar to the 2.7Bt Alpala deposit at Cascabel and the 1Bt Llurimagua deposit. Historical drilling confirms porphyry; magnetics to define new drill targets. Drill permit in place, drilling planned March-April.

Directors & Management

The board & management of Sunstone Metals have a strong track record of creating value in junior mining companies which includes the successful commissioning and operating of several major gold and copper mines.
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Mr Malcolm Norris
CEO & Managing Director
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Mr Graham Ascough
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Mr Stephen Stroud
Non-Executive Director
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Mr Gavin Leicht
CFO & Company Secretary

Sunstone Metals (ASX:STM) Gallery

Clock icon Information current at 18 February 2021

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