Sunstone Metals Limited (ASX:STM)
Sunstone Metals Limited (ASX:STM) is a mineral exploration company with high quality gold and copper assets in Ecuador.
Sunstone Metals has two major Projects:
Bramaderos Gold-Copper Project
The Bramaderos Gold-Copper project is located in southern Ecuador and is a JV between Sunstone and Cornerstone Capital Resources (TSX.V:CGP). Sunstone owns 87.5% of La Plata Minerales (PLAMIN) which holds the Bramaderos concession, and loan carries Cornerstone through to production. The Bramaderos project is considered to be highly prospective for the discovery of porphyry and epithermal gold-copper deposits.
El Palmar Copper-Gold Project
The El Palmar Copper-Gold project is located in northern Ecuador and is the subject of a Staged Acquisition Agreement with Ecuadorian company Golden Exploration Ecuador. The Project is considered to be highly prospective for the discovery of copper-gold porphyry deposits.
The Sunstone team has been involved in significant discoveries of porphyry and epithermal copper-gold mineralisation at Tujuh Bukit in Indonesia and Cascabel in Ecuador and is preparing to repeat that success at Bramaderos and El Palmar.
All projects are supported by established infrastructure, in close proximity to power, road and/or rail infrastructure and ports.