Sunstone Metals (STM) H2 2025 earnings summary

Executive summary

• Advanced Ecuadorian gold-copper projects with low-cost exploration and strict expenditure focus.

• Limon drilling yielded high-grade gold, reinforcing its role as a lower-cost development option.

• New Copete gold-copper porphyry discovery at Bramaderos expands mineralized area, enhancing large-scale potential.

• El Palmar achieved a maiden Mineral Resource Estimate (MRE) of 1.2Moz AuEq and a high-conviction Exploration Target of 15–45Moz AuEq.

• Strategic process underway to attract corporate partners for project-level joint ventures or investments.

Financial highlights

• Net loss for FY2025 was $2,406,942, compared to a $2,293,242 loss in FY2024.

• Interest income declined to $67,661 from $125,798 year-over-year due to lower cash balances.

• Cash balance at year-end was $2,674,579, with net assets of $94,129,224 (up from $83,915,712 in FY2024).

• Contributed equity increased by $11,068,945 after placements and a share purchase plan.

• Total liabilities decreased to $935,506 from $2,071,730 year-over-year.

Outlook and guidance

• Ongoing exploration and development activities planned for Bramaderos and El Palmar.

• Continued pursuit of corporate partnerships and alternative funding pathways.

• No dividends declared or recommended; focus remains on project advancement.