Project Overview - Sunstone Metals focuses on high-quality gold-copper assets, aiming for resource growth and scalable development[10] - The company's flagship assets are El Palmar and Bramaderos, both located in Ecuador[13, 14] El Palmar Project - El Palmar has an exploration target of 15 million to 45 million ounces of gold equivalent (AuEq)[17] - The project's maiden JORC resource is 1.2 million ounces of gold equivalent (AuEq)[17] - The exploration target ranges from 1 billion to 1.2 billion tonnes at a grade of 0.3 to 0.7 g/t gold and 0.1% to 0.3% copper[15] Bramaderos Project - Bramaderos has a maiden JORC resource of 2.7 million ounces of gold equivalent (AuEq)[17] - The exploration target is 7 million to 13 million ounces of gold equivalent (AuEq), including the resource[17] - Brama-Alba contains an initial mineral resource estimate of 156Mt at 0.53g/t AuEq[84] Ecuador's Advantages - Ecuador offers low mining input costs, providing a competitive advantage[34] - Hydro provides over 90% of the country's base energy load, enabling low-cost, low-carbon emission mining[35] - Mining exports from Ecuador reached $3.32 billion in 2023[120] Financials - Sunstone Metals has a market capitalization of A$92.4 million[75] - The company's enterprise value is A$90.1 million[75] - Sunstone Metals has cash and equities of A$4.0 million[75]
Sunstone Metals (STM) Earnings Call Presentation