Articles On Sunstone Metals (ASX:STM)

Core nabs offtake deal with Tesla for NT project Metals Australia picks up high grade lithium in rock chips, drill program ongoing PAM releases assays, eyes lower carbon emission lepidolite All your ASX lithium news for Wednesday, March 2...

Swedish battery developer purchases closed paper mill with plans to convert it into a battery materials gigafactory Spot prices for lithium carbonate and lithium hydroxide see their largest ever monthly gains  AGY reveals works at Rincon m...

QXR nabs $2.5m investment from Chinese firm Suzhou TA&A Ultra Clean Technology Woomera ready to kick off exploration at WA projects Core picks up six mineral leases next to its Finniss project in the NT  All your ASX lithium news for...

Shareholders approve PSC sale of Arcadia interest ESS finds “abundant” spodumene from near surface in WA Eastern Resources signs MOU to acquire and develop lepidolite projects All your ASX lithium news for Friday, February 25.   All eyes...

Biden backs Buffett’s efforts to extract lithium in the Salton Sea Pilbara Minerals boss man steps down after announcing first ever half-year profit. Critical Resources stakes 4,500 Ha in Canada’s Electric Avenue   All your ASX lithiu...

“We now have abundant evidence that El Palmar is a substantial copper-gold discovery. We have intersected significant widths of ore-grade mineralisation over a rapidly growing area. We believe we are at the top of the system and that the de...

Sunstone Metals (STM) says its latest results confirm El Palmar is a large copper-gold mineralised porphyry The company says strong assays from two holes drilled at the northern Ecuador project confirmed the discovery, with results includi...

Australasia now holds 90% of Barrow Creek JV Morella gears up for phase 2 passive seismic survey at Fish Lake Project Kai to investigate LCT pegmatite potential at Lalla Rookh   All your ASX lithium news for Tuesday, February 22.   It...

RMX picks up lithium licence just down the road from Greenbushes Pirra Lithium is up and running and already exploring MinRex adds the Garden Creek project to its lithium portfolio in WA All your ASX lithium news for Monday, February 21....

Lithium major Albemarle posts Q4 loss but plans to double capacity by 2025 CXO finds high-grade intersections, targets Finniss production by the end of the year ESS says it’s on the road to development at Pioneer Dome in WA All your ASX l...

Chinese scientists find lithium near Mount Everest BNR reports high grade lithium assays up to 8.21% from Ravensthorpe Global Lithium’s Manna maiden 9.9Mt resource grades 1.14% lithium and 49ppm tantalum Askari flags some high priority tar...

Benchmark says carbonate maintains a premium over hydroxide Liontown nabs supply deal with Tesla LRS intersects spodumene rich pegmatites at Brazilian project Avira to add Yule River lithium prospect to its portfolio   All your ASX lithiu...

EV spruiked by Arnie, US President Joe Biden Mark Creasy scoops up 9.6% stake in gold-lithium explorer Peregrine Gold for $2.25m Vulcan set to dual list on the Frankfurt Stock Exchange (FSE) Kairos finds 2.7km long lithium and pathfinder e...

“The sale gives us additional cash for our Ecuadorian gold-copper-focused exploration campaign while enabling us to retain exposure to the upside offered by involvement in the rapidly growing European lithium sector, Sunstone managing direc...

Last year, the price of copper rose 33%, but that was just the entree. Goldman Sachs reckons the red metal will hit a record US$12,000/t over the next month, up from ~$US9,700/t currently. That’s uncomfortably bullish, but even the more mil...

Sunstone Metals (STM) intersects mineralised gold-copper porphyry at its Alba discovery, which is part of its Bramaderos project in southern Ecuador The company says the 193.7 metre porphyry intersection graded 0.5 g/t gold and 0.16 per co...

“The results so far demonstrate the presence of an Upper Gold Zone above a well-mineralised porphyry. These are some of the best porphyry gold-copper results we have seen in the broader Bramaderos Project," says MD.

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Where 2020 was all about gold, palladium and iron ore, 2021 has been dominated by the EV thematic. Battery metals prices posted strong year-to-date gains across the board. According to Benchmark Mineral Intelligence, the lithium index was u...

“We are pleased to be concluding this transaction with United Lithium.This transaction gives us additional cash for our Ecuadorian gold-copper focused exploration campaign while enabling us to retain exposure to the upside offered by the Un...

Sunstone’s cash and equity investments remain strong at ~$18 million, allowing expanded exploration activities at both El Palmar and Bramaderos.

Sunstone Metals (STM) identifies two new satellite targets at the El Palmar project in northern Ecuador The southeast and northeast anomalies have been defined via soil sampling, which is aimed at advancing targets to the drill testing sta...

When LME copper stores hit 47-year lows in October, driving prices above US$10,000 per tonne, it looked like the beginning of an almighty run for the red metal.   At its October peak, the copper price was within striking distance of the LME...

The company looks to have made a major discovery at El Palmar Porphyry Copper-Gold Project in northern Ecuador, intersecting 480 metres of gold-copper mineralised porphyry from the surface in the first hole completed on the project.

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

For the second month in a row the ASX was hit by a major sell-off in the last few days of the month and it took the bourse from what was then a 0.5% gain to a 1.56% loss in November. Just when we thought we were out of the worst of COVID, w...

The stars are aligning in the copper space – supply is tightening, demand is robust, there is a dearth of major new discoveries and development projects in the pipeline, and the majors are in growth mode.   The Glasgow climate conference, C...

The company has significant exploration and evaluation programs going forward which should result in steady news flow.

The ASX closed just 0.11% higher today but there were no shortage of small cap winners, led by Antiviral biotechnology stock Biotron (ASX:BIT). It announced that its lead drug candidate — BIT225 — had been shown to be effective against COVI...

The Sunstone Metals Ltd (ASX: STM) share price finished deeply in the red today, down 15.45% to 9.3 cents. Below we look at the latest drilling update from the ASX resource explorer, which appears not to have sufficiently roused investor s...

Importantly, all the holes drilled so far are mineralised from shallow depths, firming up the theory that El Palmar is host to a large gold-copper porphyry discovery.

Sunstone Metals (STM) announces further intersections exceeding one gram per tone (g/t) of gold equivalent at the El Palmar deposit in northern Ecuador Results now show significant grades and widths of gold and copper porphyry mineralisati...

The Australian bourse recouped most of yesterday’s losses despite tech stocks dropping again, this time by 3.49%. The ASX 200 rose 0.78%, closing at 7,411 points, with the gains driven by the resources and energy sectors, which gained 2.3%...

Local stocks edged higher on Thursday, as the ASX 200 closed up by 0.13% following two days of losses. Banking stocks fell again after getting hammered yesterday, while money moved back into big-name gold stocks as inflation jitters continu...

“The intersection at Alba is clearly an exceptional result which we will follow up immediately. The broader Alba target opens up a number of areas for drill testing," says MD.

Sunstone Metals pulls up an incredible 111m long intersection grading 2.3g/t gold at brand-new target Project generator Ausquest upgrades potential of Julimar-like ‘Morrisey’ nickel-copper-PGE project Volt Resources acquires lithium projec...

Sunstone Metals (STM) says it has received “exceptional” assay results from its first hole drilled at the new Alba target within its Bramaderos Project in Southern Ecuador. Assay results from the first hole drilled include 111 metres at 2....

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

What happened to the most talked about metals and minerals in October? Investor sentiment for commodities went ballistic, almost across the board. Copper was back in vogue, rising above US$10,000/t for the first time since May. The close of...

The ASX got off to a solid start today but the rally eased following the release of inflation data. Core inflation rose at the fastest pace since 2015 leading to speculation that the tightening of monetary policy could come sooner than 2024...

Highlights FOMO stocks are the ones which portray a massive rally in a short span of time, indicating a panic buying situation among investors. One could take the example of Tesla as a FOMO stock which became a multi-bagger in 2020, du...

The company's projects in the resources hotspot of Ecuador host gold-copper mineralised porphyry systems.

Just like yesterday the ASX rallied for most of the day but retreated in the afternoon and today closed in the red. The ASX 200 was down 0.08% at 7,375 points. Another difference from yesterday was tech was the best sector gaining 1.7% whil...

It’s been a mixed week for the ASX but it has finished on a high. The ASX 200 closed 0.69% higher than yesterday, closing at 7,362 which marked a 3 week high but is still 3.5% above the all time high reached in mid-August. Travel stocks gai...

Minerals260 (ASX:MI6), a spinoff from Liontown Resources (ASX:LTR), enjoyed a positive debut despite the ASX finishing down again. The ASX 200 retreated 0.26% to close at 7,821 points with all sectors in the red except consumer staples and...

The Sunstone Metals Ltd (ASX: STM) share price is soaring 25% into the green during afternoon trade today and is now changing hands at 4.9 cents apiece. That caps off an impressive last week’s worth of trading for the minerals exploration...

The ASX retreated again as angst over inflation and the withdrawal of stimulus continued to weigh on global markets. The ASX 200 closed at 7,300 – 0.28% lower than Friday’s close. Tech was the biggest laggard, losing nearly 3% but energy an...