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Hebei Ladery Import & Export Co., Ltd. [Hebei,China] Business Type:Manufacturer , Trade Company Main Markets: Africa , Asia , Caribbean , East Europe , Europe , Middle East , North Europe , Oceania , Other Markets , West Europe , Worldwide Exporter:61% - 70% Certs:ISO9001, CE

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The Limon gold and silver deposit in Ecuador has been confirmed as a major discovery

2023-09-23

Sunstone Metals announced that drilling continues to provide "strong evidence" that its Limon deposit in Ecuador "is a major high-grade gold and silver discovery."

The mineralization is said to "extend down from the surface to a great depth, uncontrolled in all directions", and was reported on the 15th to be 42 meters at a depth of 152 meters, with a gold equivalent grade of 3.9 g/t.

The Limon deposit is considered a strategic location for Sunstone's high-grade open pit targeted for a 10 million ounce project.

"As drilling continues at Bramaderos, we still believe we can find 10 million ounces of resources within 4 kilometers," Sunstone said.

The Limon deposit is located 2.7 km northeast of the Brama-Alba-Melonal copper-gold deposit, a porphyry deposit with an estimated gold equivalent resource of 2.7 million ounces and exploration targets of 3.3 million ounces to 8.6 million ounces.

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