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Three more holes intersect mineralized porphyry at Brama target, Bramaderos Project, Ecuador, paving way for maiden Mineral Resource Estimate in early 2022 Assays include 69 6m at 0 65g/t gold and 0 2% copper
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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
Sunstone Metals (ASX:STM) spends March quarter exploring Ecuador
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OTTAWA, March 17, 2021 (GLOBE NEWSWIRE)
Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV-CGP) (F-GWN) (B-GWN) (OTC-CTNXF) is pleased to provide an update on its Bramaderos gold and copper joint venture in southern Ecuador in which it has a 12.5% interest carried by JV partner and project operator Sunstone Metals Inc. (ASX: STM) through to the start of commercial production (see “About Bramaderos”, below).
Figures related to this news release can be seen in PDF format by accessing the version of this release on the Company’s website (www.cornerstoneresources.com) or by clicking on the link below:
HIGHLIGHTS:
Two latest holes (ESDD008 and ESDD009) at Espiritu extend the known strike length of the silver-gold mineralization to 700m
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