Sun Summit Minerals Corp. is pleased to provide an update from its current drill program at Buck Main and results from its recently completed property-wide exploration program across the Buck Property, central British Columbia. Highlights Drilling ongoing: Nine holes have so far been completed at Buck Main. Testing for high-grade structures and the limits of the Buck Main hydrothermal system: Six holes have been completed [...]
Sun Summit Minerals Corp. is pleased to announce it has received confirmation from the Depository Trust Company that its common shares are now eligible for electronic clearing and settlement through the DTC in the United States. Sharyn Alexander, President of Sun Summit, said: "We are pleased to have obtained our DTC eligibility, which streamlines the process of trading shares in the United States, and benefits our [...]
Sun Summit Minerals Corp. is pleased to announce that it has closed its non-brokered private placement for gross proceeds of $6,000,400 by the issuance of: 1,979,300 charity "flow-through" units at a price of $0.63 each for $1,246,959, 7,830,079 "flow-through" units at a price of $0.52 each for $4,071,641, and 1,515,111 non-flow-through units at a price of $0.45 each for $681,800. Sharyn Alexander, Sun Summit's President [...]
Sun Summit Minerals Corp. is pleased to announce that, due to strong investor demand, it has increased its non-brokered private placement to gross proceeds of $6,000,000 consisting of: charity "flow-through" units at a price of $0.63 each, "flow-through" units at a price of $0.52 each , and non-flow-through units at a price of $0.45 each. Eventus Capital Corp. has been appointed as a finder in connection with the [...]
Sun Summit Minerals Corp. is pleased to announce that it has arranged a non-brokered private placement consisting of: charity "flow-through" units at a price of $0.63 each, "flow-through" units at a price of $0.52 each, and non-flow-through units at a price of $0.45 each for gross aggregate proceeds of $4,000,000. Eventus Capital Corp. has been appointed as a finder in connection with the Offering. Sharyn Alexander, Sun [...]
Sun Summit Minerals Corp. is pleased to report drill results and the discovery of additional near-surface zones of bulk-tonnage style gold-silver-zinc mineralization from its fall 2021 exploration program on its Buck Property, central B.C. Highlights Discovery of new zone of near-surface, breccia-hosted, gold-silver-zinc mineralization along strike to the northwest 2 over 25 metres including 8.78 g/t AuEq over 3.9 metres [...]
Sun Summit Minerals Corp. is pleased to announce that it has sold its property and royalty interests covering approximately 92,488 hectares in Mexico to Green Earth Metals Inc., an arm's length private British Columbia company founded by geoscientist Richard Osmond, for 5,000,000 Green Earth common shares and warrants to purchase a further 2,000,000 Green Earth common shares for five years. Highlights Green Earth common [...]
Sun Summit Minerals Corp. is pleased to announce the potential importance of zinc to future economic analyses at the Buck Property, central B.C. Zinc will be included in future gold-equivalent calculations as it has potential to be a significant economic contributor to the metal budget of the property. The results for the remaining drill holes from the fall 2021 drill program will be released very shortly. Highlights [...]
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 [...]