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.
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