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.