STM 14.3% 1.2¢ sunstone metals ltd

I know there is a natural comparison to be made with...

  1. 7,788 Posts.
    lightbulb Created with Sketch. 189
    I know there is a natural comparison to be made with Alpala/Cascabel (SolGold), but a couple of things differentiate El Palmar/ Bramaderos and STM.

    El Palmar - From holes 1 & 3 we can see it's well mineralised close to surface. Open-pit potential already?

    El Palmar - STM can move to 100% ownership (SolGold own 85% of Cascabel)

    El Palmar deep - ? Extensive magnetic anomaly only at this point. Drilling to 1500m is currently in progress.

    Bramaderos - Alba is very high grade and close to surface (open pit potential with grades over 7/g/t = bonanza), strike? Brama is also open pit material with large/bulk tonnage at economic grades. The two combined could form the basis of an economic stand-alone project. And there is still plenty of exploration work to be done here.

    Alpala is obviously a proven deposit, with well over 70,000m of drilling completed now. It has some fantastic grades/widths at depth. Will require a large block cave underground mine to extract. A world-class deposit.

    Plenty of news to look forward to over the coming months.

 
watchlist Created with Sketch. Add STM (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
-0.002(14.3%)
Mkt cap ! $42.00M
Open High Low Value Volume
1.2¢ 1.2¢ 1.1¢ $75.26K 6.387M

Buyers (Bids)

No. Vol. Price($)
20 7239023 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 4282403 8
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
1.2¢
  Change
-0.002 ( 11.1 %)
Open High Low Volume
1.1¢ 1.2¢ 1.1¢ 2644449
Last updated 15.59pm 03/05/2024 ?
STM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.