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HomeFinTechSunstone Metals: Expands area of gold-copper mineralisation at El Palmar, Ecuador

Sunstone Metals: Expands area of gold-copper mineralisation at El Palmar, Ecuador

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Sunstone Metals Expands area of gold-copper mineralisation at El Palmar, Ecuador

  • Sunstone Metals (STM) receives further “strong” assays from its El Palmar porphyry gold-copper discovery in northern Ecuador, expanding the area of known mineralisation
  • With the expanded mineralisation area, the company has identified new “compelling” targets for drill testing which will commence in October
  • Managing Director Malcolm Norris said exploration is ramping up with a number of new targets defined at El Palmar, including T2 which is a potential gold-copper discovery
  • The company reports its cash and equity investments remains strong at around $19 million, allowing expanded exploration activities at its projects in Ecuador
  • Shares in SunstoneMetals are down 5.26 per cent to close at 3.6 cents.

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