Sun Summit Minerals Corp. is pleased to announce that Brian Lock has been appointed Executive Chairman. Brian brings over 40 years of experience in the mining industry including engineering, construction, and operations in his roles as Chief Electrical Engineer of a German mining company, two Canadian consulting firms, and as President and owner of Proton Engineering and Construction, responsible for the development of [...]
Sun Summit Minerals Corp. is pleased to announce that it has closed its oversubscribed private placement for gross proceeds of $2,889,419.66 consisting of: 9,123,015 non-flow-through units at a price of $0.11 each for $1,003,531.70; and 15,715,733 flow-through units at a price of $0.12 each for $1,885,887.96. "The successful closing of our oversubscribed financing has strengthened our balance sheet and positions us for a [...]
Sun Summit Minerals Corp. announces that it has engaged Venture Liquidity Providers Inc. to provide market-making services for the maintenance of an orderly trading market in Sun Summit's common shares. The market-making services will be carried out through a registered broker, W.D. Latimer Co. Ltd. In consideration of its services, VLP will be paid a monthly fee of $5,000 for a minimum of three months, renewable [...]
Sun Summit Minerals Corp. is pleased to announce that it has arranged a non-brokered private placement consisting of: non-flow-through units at a price of $0.11 each ; and "flow-through" units at a price of $0.12 each for gross aggregate proceeds of up to $2,250,000. "The Buck Project represents significant discovery potential in what we believe to be an emerging porphyry-epithermal belt in central B.C.," stated Sharyn [...]
Sun Summit Minerals Corp. provides an update on its current drill program at the 43,000 hectare Buck Project, central British Columbia. Drilling at two new exploration targets, IRK and Eagle Eye, have intersected strong hydrothermal-related alteration and veining with visible sulfide mineralization in drill core. Highlights Ongoing exploration drill program: Initial drilling at IRK and Eagle Eye have intersected strong [...]
Sun Summit Minerals Corp. announces with deep sadness the passing of Mr. R. Stuart "Tookie" Angus, Chairman, Co-Founder, colleague and friend. Mr. Angus was a significant industry participant for over 40 years, with a focus on structuring and financing significant international exploration, development, and mining ventures. He served as Chairman on multiple boards and was responsible for several large-scale mergers and [...]
Sun Summit Minerals Corp. is pleased to announce that it has commenced drilling on two new high priority targets at the 43,000 hectare Buck Project, central British Columbia. Highlights Initial 2,000 metre program: The drill program will include approximately 2,000 metres of diamond drilling at two newly delineated and previously untested drill targets , with substantial new discovery potential, based on recent [...]
Sun Summit Minerals Corp. is pleased to announce that it has expanded its land position by staking 12 mineral claims totalling 9,086 hectares contiguous to its Buck Project. The new claims comprise two separate blocks along the western and southern borders of the Buck Project, increasing the total claim area to 42,781 hectares . Highlights: Acquired mineral claims in a highly prospective area: The claims are located in an [...]
Sun Summit Minerals Corp. is pleased to provide an update from its property-wide targeting initiatives at the 33,000 hectare Buck Project, central B.C., including the identification of several new highly-prospective targets which are currently being ranked and prioritized. Highlights Property-wide exploration outlines multiple underexplored zones with significant discovery potential: Systematic project-wide field [...]
Sun Summit Minerals Corp. is pleased to report that recent systematic property-wide field exploration has resulted in the delineation of several high-priority drill targets at the Buck Project, central British Columbia. These targets are located outside of the Buck Main mineralized system, which has been the focus of recent drill programs. Highlights Significant discovery potential across the project: Results from the [...]
Sun Summit Minerals Corp. is pleased to report final drill results from its fall 2022 exploration drill program at the Buck Project. The program consisted of 10 diamond drill holes totalling approximately 3,000 m. The focus of the drill program was to test the expansion potential of the Buck Main gold-silver-zinc epithermal-related system along strike and at depth, with step-out distances between 50 to 100 metres. Results [...]
Sun Summit Minerals Corp. is pleased to report drill results from the first five holes of its fall 2022 exploration drill program on its Buck Project, central B.C. The program consisted of 10 diamond drill holes totalling approximately 3,000 metres. The focus of the drill program was to test the extent of the Buck Main gold-silver-zinc epithermal-related system along strike and at depth. Analytical results from the first [...]