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Sunstone Metals (ASX:STM) has confirmed a "significant" copper-gold porphyry discovery at its El Palmar project in Ecuador following the latest assay results from the area.
Sunstone Metals (ASX:STM) prepares for drilling after identifying “outstanding” target at El Palmar
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Sunstone Metals (STM) is gearing up to drill an outstanding drill target identified at its El Palmar copper-gold project in northern Ecuador
The results of a ground magnetic survey and a review of historical holes at the project have allowed the explorer to define a 700-metre anomaly with features consistent with a large porphyry system
As a result, Sunstone has laid plans for a 2000-metre phase one drilling programme which is expected to start this quarter
Sunstone Metals (ASX:STM) hits broad gold-copper mineralisation in Ecuador
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Sunstone Metals (STM) has reported strong assay results from the Brama porphyry prospect at the Bramaderos Project in Ecuador
Hole BMDD008 intersected a broad gold-copper mineralised porphyry, returning a standout intersection of 450 metres at 0.47g/t gold, 0.1 per cent copper, and 27 parts per million molybdenum
The hole targeted a vertically extensive porphyry system that was interpreted using 3D processing of detailed magnetics
The system comprises two targets, including a previously drilled mineralised intrusive breccia in the upper porphyry area and a deep magnetic anomaly targeted from 850 metres downhole