Sunstone Metals Limited (AU:STM) has released an update.
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Sunstone Metals Limited announced a maiden Mineral Resource estimate of 1.2Moz AuEq for its El Palmar project in Ecuador, highlighting a substantial exploration target of 15-45 Moz AuEq. The company also raised $6.5 million through share placements, bolstering its financial position to advance its projects, including the promising Limon epithermal gold-silver system. Additionally, Malcolm Norris has been appointed as the new Chair of the Board.
For further insights into AU:STM stock, check out TipRanks’ Stock Analysis page.
