Sun Summit Announces 2024 Exploration Plans Including Inaugural Drill Campaign at the JD Project in B.C.
Sun Summit Announces 2024 Exploration
Plans Including Inaugural Drill Campaign at
the JD Project in B.C.
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2024) - Sun Summit Minerals Corp. (TSXV:
SMN) (OTCQB: SMREF) is pleased to announce its 2024 exploration plans for the road accessible JD
Project, which will include diamond drilling at multiple high-priority zones, a project-wide LiDAR survey,
an Induced Polarization ("IP") geophysical survey, structural mapping, infill soil geochemical sampling
and prospecting.
2024 Exploration Program Highlights:
Sun Summit is planning to drill up to 4,000 metres in a phased work program, commencing with
up to 2,000 metres of drilling
at the near-surface, epithermal-related gold-silver Creek and Finn
zones.
A
20-line kilometre IP survey
, designed to infill historical IP surveys and to cover new targets, will
be completed. This survey will aid in the interpretation of both previous ground and airborne-
defined anomalies and build on depth imaging for interpreted gold-hosted structural features.
A
soil geochemical survey
with up to 2,000 soil samples on select targets to both infill historical
soil data and further define gold targets lacking soil geochemical data.
Detailed structural mapping
in the Creek to Finn Corridor to identify significant structural
features that will greatly aid in drill orientation, particularly at the Creek Zone where the interpreted
orientation of gold-bearing vein-hosted structures is unknown.
Property-wide LiDAR data and aerial photography
with expected sub-metre accuracy and
orthorectified color aerial photography. Products such as a bare earth model, digital elevation
model (DEM) and digital surface model (DSM) will greatly aid in planning and definition of
interpreted geological features, and will accurately locate historical exploration roads, trails, drill
pads and trenches.
The exploration program is expected to
commence in late-June with drilling expected to
commence mid-July.
Sharyn Alexander, Sun Summit's President, commented: "
The team at Sun Summit is excited to
finalize the 2024 exploration plans for the JD Project, after months of in-depth historical data
compilation, intensive modeling, and discussion with the exploration team.
We are very proud to
announce our first drill program at JD consisting of high-priority targets near existing zones and
new targets with discovery potential.
The JD project represents a unique opportunity in a
prospective region, and we are very thankful to the shareholders who have remained steadfast in their
support of the Company and our plans for progression. We expect to have exciting results to disclose
over the coming months as the program develops."
The JD Project is located in the prolific Toodoggone gold-copper district in north-central British
Columbia (Figure 1). The 15,000-hectare JD Project contains numerous under-explored epithermal-
related gold-silver targets as well as porphyry-related copper-gold targets.
APEX Geoscience of Edmonton, AB, have been engaged as Geological Consultants to the Company
and will oversee all aspects of the field program. APEX Geoscience are well regarded in the exploration
sector for professional geological services and have extensive and relevant experience managing large,
complex exploration programs in the Toodoggone district.
The property-wide data digitization and compilation program of over 50 years of exploration history is
ongoing and continues to highlight emerging mineralized targets for further development. The database
currently holds exploration data that represents approximately 16,000 soil samples, 2,000 rock samples,
130 trenches, over 330 drill holes, and numerous ground- and airborne-based geophysical datasets.
Figure 1: JD Project 2024 Exploration Program
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6142/213542_c3c96773b490bad9_001full.jpg
Target Definition:
Creek Zone
The
Creek Zone
has significant, untested potential for sulphide-rich, structurally-controlled, high grade
gold intercepts as evidenced by the limited historical drilling which returned intervals such as
22.0
metres* of 11.7 g/t Au including 4.0 metres of 61.2 g/t Au from discovery hole CZ97-008
1
(see
February 12, 2024
, news release).
Historical core sampling was locally selective and left significant gaps in assay data, which limits the
systematic evaluation of gold tenor, continuity of mineralization nor target scale potential. Two drill holes
that were continuously sampled, however, demonstrate the presence of previously unrecognized bulk-
tonnage style gold mineralization (e.g.,
72.3 metres at 0.8 g/t Au including 4.3 metres at 6.7 g/t Au in
CZ98-009
2
).
Drilling is planned to step-out from the 1997 high-grade discovery hole to evaluate the orientation and
extent of the gold mineralization. Continuous sampling from top-of-hole will provide better insight into the
bulk-tonnage potential as well as a full spectrum of multi-element geochemistry to define pathfinder
element associations. Wider-spaced, step-out drill holes along trend will evaluate the scale of the bulk-
tonnage system as well as targeting higher-grade veins.
The Creek Zone is underlain primarily by andesite flows and volcanic breccias of the Toodoggone
formation. Near-surface high-grade gold mineralization is associated with replacement-style, pyrite,
sphalerite, galena and chalcopyrite within a broad zone of quartz-carbonate stockwork. The Creek zone
was first discovered in 1997 but only limited follow-up drilling over an interpreted strike-length of over
450 metres was conducted in 1998, after which no further drilling was completed.
Finn Zone
The
Finn Zone
demonstrates the high-grade gold and silver potential of a near-surface epithermal-
related system with historical intercepts such as
35.7 metres* of 7.26 g/t Au including 1.0 metre of
215.4 g/t Au from drill hole JD95-047
3
(see
February 1, 2024
, news release). Step-out drilling at the
Finn Zone is designed to confirm structural controls, while deeper drilling will investigate the geometry
and grade of the locally strongly mineralized footwall zone Drilling down-dip will investigate mineralization
continuity and explore for additional higher-grade zones.
Mineralization at the Finn Zone is primarily hosted in the hanging wall of a gently north-dipping, northeast-
striking, inferred reverse fault that separates two andesite-dominant lithological units of the Toodoggone
Formation (Figure 1). Faulting and subsequent mineralization likely exploited a basal volcaniclastic unit
where epithermal-related fluids were focused along permeable volcanic breccias. The core of the Finn
Zone consists of strongly altered polymictic breccias, locally cemented with quartz and mineralized with
pyrite with lesser sphalerite, galena, and chalcopyrite. The fault is traced for over 1.5 kilometres along
strike to the west from the Finn Zone.
Finn to Creek Corridor
Strong discovery potential exists at multiple epithermal-related gold and silver mineralized targets along
the 4.5 kilometre Finn to Creek trend. These targets include Wolf, Schmitt, and Ag Carbonate, where
previous rock-chip sampling** yielded encouraging high-grade results such as
35.4 g/t Au and 44.8 g/t
Ag
(sample 17102554, Wolf target),
27.30 g/t Au and 43 g/t Ag
(sample 17105554, Wolf target),
14.8
g/t Au and 910 g/t Ag
(sample 17105294, Ag Carbonate target) and
18.9 g/t Au and 300 g/t Ag
(sample 17102564, Schmitt target) (see
May 2, 2024
, news release).
* Note intervals are downhole core lengths. True widths are unknown
**
Assay results are historical and have been compiled from sources believed to be accurate. Grab
samples are selective in nature and the resulting assays may not be representative of all
mineralization across the project
National Instrument 43-101 Disclosure
This news release has been reviewed and approved by Sun Summit's Vice President Exploration, Ken
MacDonald, P. Geo., a "Qualified Person" as defined in National Instrument 43-101
Standards of
Disclosure for Mineral Projects
of the Canadian Securities Administrators. He has not been able to
verify the historical exploration data disclosed, including sampling, analytical and test data, underlying
the technical information in this news release since such data is historical and the original drill core is not
readily available. Technical information contained in this release is historical in nature and has been
compiled from public sources believed to be accurate. The technical information has not been verified by
Sun Summit and may in some instances be unverifiable dependent on the existence of historical drill
core and grab samples.
Community Engagement
Sun Summit is engaging with First Nations on whose territory our projects are located and is discussing
their interests and identifying contract and work opportunities, as well as opportunities to support
community initiatives. The Company looks forward to continuing to work with local and regional First
Nations with ongoing exploration.
About the JD Project
The JD Project is located in the Toodoggone mining district in north-central British Columbia, a highly
prospective deposit-rich mineral trend. The project covers an area of over 15,000 hectares and is in
close proximity to active exploration and development projects, such as Thesis Gold's Lawyers and
Ranch projects, TDG Gold's Baker-Shasta projects, Centerra's Gold's Kemess East and Underground
projects, as well as the past-producing Kemess open pit copper-gold mine.
The project is 450 kilometres northwest of the city of Prince George, and 25 kilometres north of the
Sturdee airstrip. It is proximal to existing infrastructure in place to support the past-producing Kemess
mine, including roads and a hydroelectric power line.
The JD Project is in a favourable geological environment characterized by both high-grade epithermal
gold and silver mineralization, as well as porphyry-related copper and gold mineralization. Some
historical exploration, including drilling, geochemistry and geophysics, has been carried out on the
property, however the project area is largely underexplored.
About Sun Summit
Sun Summit Minerals (TSXV: SMN) (OTCQB: SMREF) is a mineral exploration company focused on
expansion and discovery of district scale gold and copper assets in British Columbia. The Company's
diverse portfolio includes the JD Project in the Toodoggone region of north-central B.C., and the Buck
Project in central B.C.
Further details are available at
www.sunsummitminerals.com
.
References
1
.
CZ97-008 data: Hawkins, P.A. (1998), Exploration report on the Creek Zone, Toodoggone River
Area, BC., for Antares Mining and Exploration Corporation and AGC Americas Gold Corp,
(private report); reported in Assessment Report Indexing System, Report 25757,
https://apps.nrs.gov.bc.ca/pub/aris
2
.
CZ98-009: Davis, J.W., and Jamieson, M.D. (1998), Drilling and Geophysical Report on the M.H.
Mineral Clain Group, Toodoggone District, Assessment Report Indexing System, Report 25757,
https://apps.nrs.gov.bc.ca/pub/aris
3
.
JD95-047: Krause, R.G. (1996), 1995 Geological Report on the JD Gold Silver Property,
Toodoggone River Area, Omineca Mining Division, British Columbia, Assessment Report Indexing
System, Report 24284,
https://apps.nrs.gov.bc.ca/pub/aris
Link to Figures
Figure 1:
https://wp-sunsummitminerals-2024.s3.ca-central-1.amazonaws.com/media/2024/06/Fig-1-
JD-2024-Exploration-NR.jpg
On behalf of the board of directors
Brian Lock
For further information, contact:
Sharyn Alexander
President
Matthew Benedetto
Simone Capital
Tel. 416-817-1226
Forward Looking Information
Statements contained in this news release that are not historical facts may be forward-looking
statements, which involve risks, uncertainties and other factors that could cause actual results to differ
materially from those expressed or implied by such forward-looking statements. In addition, the forward-
looking statements require management to make assumptions and are subject to inherent risks and
uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate,
that the management's assumptions may not be correct and that actual results may differ materially from
such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-
looking statements. Generally forward-looking statements can be identified by the use of terminology
such as "anticipate", "will", "expect", "may", "continue", "could", "estimate", "forecast", "plan", "potential"
and similar expressions. Forward-looking statements contained in this press release may include, but
are not limited to, potential mineralization, exploration plans, and engagement with First Nations
communities. These forward-looking statements are based on a number of assumptions which may
prove to be incorrect which, without limiting the generality of the following, include: risks inherent in
exploration activities; the impact of exploration competition; unexpected geological or hydrological
conditions; changes in government regulations and policies, including trade laws and policies; failure to
obtain necessary permits and approvals from government authorities; volatility and sensitivity to market
prices; volatility and sensitivity to capital market fluctuations; the ability to raise funds through private or
public equity financings; environmental and safety risks including increased regulatory burdens; weather
and other natural phenomena; and other exploration, development, operating, financial market and
regulatory risks. The forward-looking statements contained in this press release are made as of the date
hereof or the dates specifically referenced in this press release, where applicable. Except as required by
applicable securities laws and regulation, Sun Summit disclaims any intention or obligation to update or
revise any forward-looking statement, whether as a result of new information, future events or otherwise,
except as required by applicable securities laws. All forward-looking statements contained in this press
release are expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
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