Sun Summit Minerals Corp. is pleased to announce that exploration drilling is set to recommence at its 100% controlled Buck Property, central British Columbia. The exploration program will be designed to expand on the Buck Main epithermal gold discovery which remains open in all directions and at depth. Highlights Crews are mobilizing: One drill rig is currently on site and the crew has commenced mobilization. Expanded [...]
Sun Summit Minerals Corp. is pleased to report initial drill results from its fall 2021 exploration program on its Buck Property, central B.C. Assays from eight of the 32 completed holes are reported. Highlights Multiple intervals of high-grade, vein-hosted gold mineralization intersected in numerous holes: 11.65 grams/tonne gold equivalent over 3.0 metres, including 31.79 g/t AuEq over 1.0 metre within 0.86 g/t AuEq over [...]
Sun Summit Minerals Corp. is pleased to provide an update from its exploration drill program at its 100% controlled Buck Property, north-central British Columbia. Highlights Over 10,000 metres in 32 drill holes completed: Sun Summit has so far completed 10,300 metres of drilling focused on targeting high-grade and bulk tonnage-style gold mineralization covering an area of over 500 by 500 metres. Refinement of geological [...]
Sun Summit Minerals Corp. is pleased to announce that Purni Parikh has been appointed to its board of directors. Ms. Parikh has over 25 years of public company experience in the mining sector including corporate affairs and finance, legal and regulatory administration, and governance. Ms. Parikh is President of the Augusta Group of Companies and Senior Vice President, Corporate Affairs of Solaris Resources Inc. and [...]
Sun Summit Minerals Corp. is pleased to provide a corporate update and inform shareholders on drilling progress at its 100% controlled Buck Property, central British Columbia. Two drill rigs are currently operating on site. Highlights Strengthens executive team by appointment of Sharyn Alexander to the position of President: Ms. Alexander brings a wealth of experience in mineral exploration including most recently Vice [...]
Sun Summit Minerals Corp. is pleased to provide an update from its fall 2021 phase of drilling at its 100% controlled Buck Property, central British Columbia. Two drill rigs are currently operating on site. Highlights Build on high-grade gold discovery: One drill rig is focused on high-grade gold mineralization in the Trench Zone gold over 4.0 metres including 246 g/t gold over 0.5 metres; BK21-020, see SMN news release [...]
Sun Summit Minerals Corp. is pleased to announce that it has commenced a new phase of drilling at its 100% controlled Buck Property, central British Columbia. Two drill rigs are currently on site, and another rig may be added later, dependent on availability. Highlights Build on high-grade gold discovery: Sun Summit will systematically investigate the structural controls and spatial distribution of high-grade gold [...]
Sun Summit Minerals Corp. is pleased to provide an update from its current property-wide exploration program across its 100% optioned Buck Property, central British Columbia. Highlights Over 200 rock samples and over 2,000 soil samples have been collected to date across the 33,000 hectare property. Geological mapping and prospecting have outlined numerous areas of previously unrecognized pervasive hydrothermal alteration [...]
Sun Summit Minerals Corp. is pleased to announce that it has closed its previously announced brokered private placement for gross proceeds of C$ 4,000,000 . Due to strong demand, the co-lead agents and joint bookrunners, Red Cloud Securities Inc. and Eventus Capital Corp. , fully exercised their option to increase the total gross proceeds of the Offering to C$5,000,000. Under the Offering, the Company sold 4,217,607 [...]
Sun Summit Minerals Corp. is pleased to announce that its common shares were approved today for trading on OTC Markets Group Inc.'s OTCQB® Venture Market for early-stage and developing U.S. and international companies. Robert Willis, CEO, commented, "Our OTCQB listing is an important milestone for the Company and provides increased access and visibility to prospective U.S. investors. This listing should help promote [...]
Sun Summit Minerals Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. and Eventus Capital Corp. to act as co-lead agents and joint bookrunners in connection with a fully marketed, private placement for gross proceeds of up to C$ 4,000,000. The Offering is to be comprised of a combination of flow-through units of the Company at a price of C$ 0.66 per FT Unit and flow-through [...]
Sun Summit Minerals is pleased to report the final assay results from the first phase of its 2021 exploration program on its Buck Property. Highlights Long intervals of continuous gold mineralization cut in BK21-033 : 87 metres of 1.13 grams per tonne gold equivalent within 265 metres of 0.66 g/t AuEQ and 409 metres of 0.52 g/t AuEQ. 409 metre interval starts at six metres down hole and represents the longest zone of [...]