Gold and copper mineralisation
intersected on edge of huge geophysical
anomaly at T2
The broad intercept in close proximity to the Toachi Fault highlights the immense potential
of the T2 target.
Key Points
• First three holes (EPDD022, 23 and 24) drilled at the new T2 target at El Palmar have
returned broad gold and copper intersections from the top and the edge of the target
• The results include:
o 767m at 0.21g/t gold and 0.04% copper from 24m in EPDD024, including:
Shallow intervals up to 2m at 3.2g/t gold from 72m, and 13.5m at 1.1g/t
gold from 97.5m
There is a clear transition from high level porphyry-epithermal gold to
deeper copper-gold
• Geophysical modelling shows T2 is a very large target bound by the Toachi Fault – a
geological scenario very similar to the giant Alpala deposit at SolGold’s Cascabel
Project 65km away
• Further drilling at T2 to start next month
• Separately, drilling at the Tituana epithermal target at El Palmar has intersected an
epithermal system and further holes are planned – assay results expected in March
• Sunstone remains well-funded with A$11.2m in cash and equities reported at
December 31, 2022
Sunstone Metals Ltd (ASX: STM) is pleased to announce extremely promising assays from drilling at the large
T2 geophysical anomaly at its El Palmar porphyry gold-copper discovery in northern Ecuador.
The assays contain gold grades of up to 2m at 3.2g/t from 72m, and 13.5m at 1.1g/t from 97.5m, from the
edge of the anomaly, which is 1km long x 450m wide.
Furthermore, the anomaly is bound by the regionally-significant Toachi Fault zone and associated orthogonal
structures – a scenario strongly similar to the 3 billion-tonne SolGold Alpala copper-gold porphyry deposit,
within the Cascabel project, located 65km to the north-east.
Recent preliminary age dating has confirmed that the mineralised gold-copper porphyry at Sunstone’s El
Palmar project is the same geological age as Alpala.
Gold and copper mineralisation intersected on edge of huge geophysical anomaly at T2
The broad intercept in close proximity to the Toachi Fault highlights the immense potential
of the T2 target.
Key Points
• First three holes (EPDD022, 23 and 24) drilled at the new T2 target at El Palmar have
returned broad gold and copper intersections from the top and the edge of the target
• The results include:
o 767m at 0.21g/t gold and 0.04% copper from 24m in EPDD024, including:
Shallow intervals up to 2m at 3.2g/t gold from 72m, and 13.5m at 1.1g/t
gold from 97.5m
There is a clear transition from high level porphyry-epithermal gold to
deeper copper-gold
• Geophysical modelling shows T2 is a very large target bound by the Toachi Fault – a
geological scenario very similar to the giant Alpala deposit at SolGold’s Cascabel
Project 65km away
• Further drilling at T2 to start next month
• Separately, drilling at the Tituana epithermal target at El Palmar has intersected an
epithermal system and further holes are planned – assay results expected in March
• Sunstone remains well-funded with A$11.2m in cash and equities reported at
December 31, 2022
Sunstone Metals Ltd (ASX: STM) is pleased to announce extremely promising assays from drilling at the large
T2 geophysical anomaly at its El Palmar porphyry gold-copper discovery in northern Ecuador.
The assays contain gold grades of up to 2m at 3.2g/t from 72m, and 13.5m at 1.1g/t from 97.5m, from the
edge of the anomaly, which is 1km long x 450m wide.
Furthermore, the anomaly is bound by the regionally-significant Toachi Fault zone and associated orthogonal
structures – a scenario strongly similar to the 3 billion-tonne SolGold Alpala copper-gold porphyry deposit,
within the Cascabel project, located 65km to the north-east.
Recent preliminary age dating has confirmed that the mineralised gold-copper porphyry at Sunstone’s El
Palmar project is the same geological age as Alpala.
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