Sunstone Metals (ASX:STM) is an ASX listed mineral exploration company discovering gold and copper in large porphyry deposits in Ecuador.

Sunstone currently has 2 main projects, the Bramaderos Gold-Copper Project in southern Ecuador and the El Palmar Gold-Copper Project in northern Ecuador.

The Bramaderos project is an incorporated joint venture between Sunstone and TSX:V listed Cornerstone Capital Resources (TSX.V:CGP). Sunstone owns 87.5% of La Plata Minerales (‘PLAMIN’) which holds the Bramaderos concession, and loan carries Cornerstone through to production.

The Bramaderos project comprises multiple porphyry gold-copper targets of which the Brama-Alba discovery is the most advanced with an expected inaugural Mineral Resource Estimate to be delivered in late 2022.

The El Palmar project is the subject of a Staged Acquisition Agreement with Ecuadorian company Golden Exploration Ecuador (‘GOEX’). Sunstone owns 70% of GOEX and can acquire 100%. Sunstone discovered significant gold-copper mineralisation at El Palmar in late 2021 and is continuing to drill and expand the discovery.

The team at Sunstone has a track record of discovery having been involved in significant discoveries of porphyry and epithermal copper-gold mineralisation at Tujuh Bukit in Indonesia and Cascabel in Ecuador and is preparing to repeat that success at Bramaderos and El Palmar.

KEY PEOPLE

Malcolm Norris | Managing Director

Has extensive experience in mineral exploration, business management, development of new business opportunities and asset transactions. His roles have covered a wide range of commodities, geographic locations and management of global portfolios of projects in both large and small organisations.

Malcolm holds an MSc in Geology and a Masters in Applied Finance. He has more than 40 years of industry experience and in the last 20 years has focused primarily on corporate roles. Previous experience has included 23 years with WMC Resources, followed by roles with ASX listed Intrepid Mines and London listed SolGold.

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Dr Bruce Rohrlach | General Manager Geology

Has had a long career in the mineral industry in Australia, Philippines, PNG, Indonesia, Scandinavia, and South America. This has included extensive experience in all stages of the exploration to development cycle, from establishment of exploration and ore genesis models to management of reconnaissance and advanced exploration programs in regional and mine environments. As well as his considerable experience in multiple scoping, feasibility studies and orebody definition of several globally significant copper-gold porphyry projects, he has been instrumental in managing the discovery drilling programs in two world class copper-gold deposits – at Tujuh Bukit (Indonesia) with ASX listed Intrepid Mines and Cascabel (Ecuador) with London listed SolGold.

Bruce completed a PhD at the Research School of Earth Sciences, Australian National University, Canberra (1997-2002), and studied the Tectonic Evolution, Petrochemistry, Geochronology and Palaeohydrology of the Tampakan Porphyry – High Sulphidation Epithermal Cu-Au Deposit, Mindanao, Philippines.

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Ray Robinson | General Manager - Studies and Technical Services

Mining engineer with over 20 years of industry experience in operating and developing mines in Australia, Papua New Guinea, Argentina and Laos. He has expertise in delivering feasibility studies from scoping study to detailed engineering level in both open-pit and underground projects across multiple commodities. Previous experience includes roles with PanAust where he successfully delivered two prefeasibility studies for their Laos operations. Other roles have ranged from majors including Placer Dome at the Porgera mine, as well as juniors and mid-tiers including ASX listed Intrepid Mines.

Ray holds a mining engineering degree from the West Australian School of Mines and a Bachelor of Laws.

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Mr Leicht | CFO

Has over 25 years’ experience in various financial roles, including more than 20 years in senior financial positions in the resources sector in Australia and overseas with Rio Tinto Limited and PanAust Limited.

Mr Leicht holds a Bachelor of Commerce degree from the University of Newcastle.

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