Retraction announcement of scoping study
Filed with ASX · · 1 page · English
Summary by 6ix AI
Sunstone Metals Ltd has issued a retraction announcement regarding its Bramaderos Gold-Copper Scoping Study. The company stated that it did not have a reasonable basis for the forward-looking statements related to production targets and forecast financial information due to the reliance on Inferred resources. Investors are advised not to rely on the Scoping Study Announcements for investment decisions as the production targets have been retracted. The company plans to conduct optioneering studies and infill drilling to convert more Inferred resources to Indicated resources in the future.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Sunstone Metals
- Response to ASX Query Letter
- Drilling continues to extend Bramaderos mineralisation
- Bramaderos Gold-Copper Scoping Study presentation
- Bramaderos Gold-Copper Project Scoping Study
- Excellent start to new resource growth drilling program
Later from Sunstone Metals
- Drilling returns more large intersections at Bramaderos
- Drilling continues to intersect mineralisation
- Porotillo drilling intersects wide intervals of gold-copper
- Bramaderos poised for resource growth with recent drilling
- Large gold-copper mineralisation outside Bramaderos resource
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