Sunstone Metals LtdASX: STM

Retraction announcement of scoping study

· Issued by Sunstone Metals Ltd

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are advised not to rely on the Scoping Study Announcements for investment decisions as the production targets have been retracted.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

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