Sunstone earns majority stake in Ecuador project
Australia’s Sunstone Metals has earned a 51% interest in Canadian company Cornerstone Capital Resources’ Bramaderos gold/copper project in Ecuador, having met the required project expenditure of $3.4-million over three years.
Sunstone, which is now the project operator, has until November 27 to decide on whether it will be proceeding to 70% ownership under a farm-in agreement.