Where Does Sunstone Metals Extensive Gold-Silver Opportunity Unfold?
Unearthing Ecuador's Gold-Silver Riches in the Depths of Sunstone Metals Ltd
In a groundbreaking revelation on November 23rd, 2023, Sunstone Metals Ltd (ASX: STM) unveiled a momentous discovery at its El Palmar project situated in the northern regions of Ecuador. Through meticulous surface sampling, the company has pinpointed a vast, high-grade gold-silver target, delineating an extensive epithermal opportunity displaying immense potential within the area.
Discovery Unveiled: Unraveling the Golden Veins
The identification of this gold-silver mother lode burgeoned from rigorous surface rock chip and channel sampling, showcasing an array of highly promising findings. The exposed epithermal gold-silver opportunity stretches across an estimated area of 600 meters by 400 meters, forming a landscape rich with potential and marked by mineralized promise.
Notably, the strategic positioning of this target aligns along the structural strike originating from the T1 porphyry deposit previously unearthed by Sunstone at El Palmar. This geological placement mirrors significant parallels observed in Sunstone's Limon gold-silver epithermal discovery at Bramaderos in the southern precincts of Ecuador, a fact that underpins the gravity and potential of this latest revelation.
Promise of Riches: High-Grade Gold and Silver Unveiled
Channel and rock chip sampling have divulged striking values, with reports indicating findings of up to 6.
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2 grams per ton of gold and an astonishing 269 grams per ton of silver. These findings have been spatially correlated with linear areas boasting mapped argillic alteration, pointing to a structurally-controlled system dotted with multiple high-potential target areas scattered across a vast expanse. The alignment of the epithermal system, predominantly situated northwest of T1, aligns along NW- and NE-trending faults, underscoring the intricate geological dynamics at play.
Sunstone's Managing Director, Malcolm Norris, expressed utmost enthusiasm, remarking, "This is a highly promising result with immense upside. These results demonstrate high grades and significant scale. We will now move quickly to prepare it for drilling in the new year. "
A Tapestry of Prospects: Sunstone's Expansive Holdings
The enormity of this discovery augments the significance of Sunstone's position within the region. With a total of 3,671 hectares of highly prospective terrain, encompassing both porphyry gold-copper and epithermal gold targets across the El Palmar and Verde Chico concessions, Sunstone's dominion in the area solidifies its stature as a pioneering force in Ecuador's burgeoning mining landscape.
As the company gears up to venture into further exploration at the Verde Chico project, aiming to unearth extensions to the previously identified high-grade gold epithermal veins, excitement and anticipation ripple through the industry, underlining the potential for yet more discoveries on the horizon.
The announcement by Sunstone Metals Ltd regarding the El Palmar discovery resonates as a testament to relentless dedication, scientific acumen, and the fervent pursuit of unearthing Ecuador's hidden wealth. With prospects looming large and the promise of drilling on the horizon, the company stands on the brink of potentially reshaping the trajectory of Ecuador's mining future.
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