July 16, 2018 / 3:46 AM / in 3 months

BUZZ-Australia's Sunstone Metals rises on Ecuador's drilling initiative

** Gold-copper explorer Sunstone Metals Ltd rises as much as 2.7 pct to A$0.038

** Co says Ecuadorian govt, in a new initiative, allows “scout drilling” within exploration concessions

** Adds scout drilling would potentially allow Phase 1 drilling to begin before an environmental license is granted for its Bramaderos project, a joint venture with Cornerstone Capital Resources

** Stock posts biggest intraday pct gain since July 5

** Stock had risen 23.3 pct this year as of last close (binisha.ben.thomsonreuters.com@reuters.net)

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