Sun Summit Announces Filing of a NI 43-101 Technical Report on the JD Project, Toodoggone Mining District, B.C.
Sun Summit Announces Filing of a NI 43-101
Technical Report on the JD Project,
Toodoggone Mining District, B.C.
Vancouver, British Columbia--(Newsfile Corp. - April 21, 2026) - Sun Summit Minerals Corp. (TSXV:
SMN) (OTCQB: SMREF) ("
Sun Summit
" or the "
Company
") is pleased to announce that it has filed a
technical report in accordance with National Instrument 43-101 -
Standards of Disclosure for Mineral
Projects
("
NI 43-101
") for the JD Project, located in the Toodoggone Mining District, British Columbia
(the "
Technical Report
").
The Technical Report is titled
"NI 43-101 Technical Report on the JD Property, Toodoggone Region,
BC"
and dated March 4, 2026 (with an effective date of January 23, 2026), which was prepared for Sun
Summit by the Authors (as defined herein). A copy of the Technical report is available on SEDAR+
(
www.sedarplus.ca
) under Sun Summit's issuer profile, and on the Company's website
(
www.sunsummitminerals.com
).
"We are pleased to announce the completion of an important milestone for the evolution of the JD
Project,"
said Niel Marotta, CEO of Sun Summit Minerals.
"Preparation and disclosure of this
Technical Report facilitates the opportunity for continued development of more advanced steps such
as metallurgical testing and a mineral resource estimate, and demonstrates to the wider mining and
investment community the robust nature of the JD Project and the continued upside as we advance
exploration."
He continued:
"The Technical Report showcases the extensive geological modelling and compilation
work that the Company has done over the past three years. The spatial distribution of the mineral
zonation, and various styles of mineralization, suggest the current drilling represents potentially a
much larger system at both the Creek and Finn zones. These zones are open at depth and along
strike, and indicate potential to significantly expand the project mineralized footprint. We look forward
to announcing positive metallurgical results in the next quarter of 2026 and results from the inaugural
mineral resource estimate expected in Q1 of 2027."
Key Report Findings and Recommendations
The Company's exploration programs since 2024 have improved our understanding of numerous
epithermal-related and porphyry-related targets across the JD Project:
Detailed geological mapping across the JD Project has helped define several epithermal-related
targets and has established a robust stratigraphic framework for future exploration.
Drilling confirmed and expanded known zones of epithermal-related gold-silver mineralization, and
tested new targets generated from geophysics and surface geochemistry. Drilling also provided
first-ever oriented core and systematic downhole data through continuous sampling.
Drilling at the Creek zone confirmed the presence of high-grade, epithermal-related vein-hosted
and disseminated gold mineralization with successful step-out intersections demonstrating
significant expansion potential.
Drill results from the Finn and Ag Carbonate zones confirmed continuity of silver-gold
mineralization associated with epithermal-related quartz-carbonate veining and breccias.
Drilling at the Fericrete and Belle South targets evaluated previously undrilled targets, and
intersected alteration and mineralization consistent with large, porphyry-related hydrothermal
systems.
Interpretation and modeling of new and historical drill results have identified additional targets and
confirmed and expanded zones of previously identified mineralization.
The Technical Report concludes there is a strong technical basis for continued exploration across
the JD Project.
Recommendations
The JD Project remains a property of merit and further exploration work is recommended.
Mineralization in the Creek zone remains open along strike and at depth, and future work should
continue to evaluate potential continuity within the 4.5 km Creek-Finn Corridor.
Drilling at the Finn zone confirmed the continuity of near-surface, high-grade gold-silver
mineralization and the down-dip extent of disseminated, bulk-tonnage-style mineralization, which
requires follow-up.
Drilling at the Belle South target tested the porphyry potential of the area; the lithologies and
alteration assemblages intersected suggest proximity to a significant porphyry-related
hydrothermal system, which warrants follow-up drill testing.
The Technical Report recommends a two phased exploration program comprising (i) CAD$6.94
million of recommended work in Phase 1, and (ii) CAD$3.92 million of work in Phase 2, for a total
recommended work program of approximately CAD$10.86 million (assuming completion of both
phases).
Phase 1 includes resource and exploration drilling to expand on known mineralization, including
7,000 metres of drilling focused at the Creek and Finn zones.
Phase 2 includes additional follow up resource and exploration drilling, including 3,000 metres to
infill and expand the Creek and Finn zones, contingent on positive results from Phase 1.
Additional geological mapping, soil and rock geochemistry, ground IP geophysical surveys, and
airborne geophysics are recommended to investigate the full extent of the project area, with more
focused work at targets identified in Phase 1.
About the Technical Report
The information presented herein is derived from the Technical Report. The Technical Report
summarizes the geology, areas of mineralization, historical exploration, and recent work completed on
the JD Project by the Company, and provides recommendations for additional work.
Samples referenced in the Technical Report were collected through industry-standard exploration
methods, including prospecting, soil sampling, channel sampling, and diamond drilling programs. These
samples were prepared, processed, and analyzed at accredited laboratories using appropriate
analytical techniques, including ICP-based multi-element methods.
Quality assurance and quality control ("
QA/QC
") procedures included the insertion of certified reference
materials, blanks, and duplicate samples at regular intervals throughout the sampling process, in
addition to internal laboratory QA/QC protocols. Based on these procedures, the analytical results are
considered reliable for the purposes of this disclosure.
Certain information disclosed herein relating to historical exploration activities conducted by previous
operators is historical in nature. A qualified person has not verified this data, and therefore it should not
be relied upon. However, the Company considers such information relevant as an exploration guide in
assessing the mineralization potential of the JD Project.
The authors of the Technical Report are Andrew Turner, P.Geo., and Emily Laycock, P.Geo., of APEX
Geoscience Ltd. (collectively, the "
Authors
"). Each of the Authors is a "qualified person" (within the
meaning of NI 43-101) and independent of Sun Summit (within the meaning of Section 1.5 of NI 43-101).
The Authors have collectively 50 years of geological experience and have been involved in all aspects of
mineral exploration and mineral resource estimations for precious and base metal mineral projects and
deposits, in particular, extensive experience in epithermal gold-silver mineralized systems in the
Toodoggone region of British Columbia.
Mr. Turner conducted a site visit of the JD Project for verification purposes on October 14, 2025. This
site visit was completed with the objective of verifying the reported geology, alteration, and
mineralization of the JD Project, and to independently collect verification samples to be submitted for
assay. Ms. Emily Laycock has been extensively involved in planning and field execution of the
Company's exploration programs at the JD Project since 2024.
Recent exploration
During the 2024 and 2025 exploration programs, a total of 33 HQ-diameter diamond drillholes totaling
9,408 m were completed across the Creek, Ferricrete, Ag Carbonate, Finn, and Belle South zones at
the JD Project. Drilling was designed to confirm and expand previously identified zones of gold-silver
mineralization, to test new targets generated from geophysics and surface geochemistry, and to collect
systematic downhole data through continuous sampling.
At the Creek zone, drilling confirmed the presence of high-grade epithermal-related, vein-hosted and
disseminated gold mineralization with successful step-out intersections demonstrating expansion
potential. Drilling at Ferricrete and Belle South tested previously undrilled porphyry-style targets and
intersected alteration and mineralization consistent with large porphyry-related hydrothermal systems.
Results from the Finn and Ag Carbonate zones confirmed continuity of silver-gold mineralization
associated with quartz-carbonate veining and breccias.
Overall, the results achieved by the 2024 and 2025 exploration programs completed by Sun Summit at
the JD Project have identified new targets, as well as having confirmed and expanded zones of
previously identified mineralization, and provide a strong technical basis for continued exploration at the
JD Project.
Qualified Person
The scientific and technical disclosure in this news release has been reviewed and approved by Sun
Summit's Vice President Exploration, Ken MacDonald, P.Geo., a "qualified person" (within the meaning
of NI 43-101).
The Company confirms that there is no new material scientific or technical information with respect to the
JD Project that is not included in the Technical Report.
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 and Silver's
Lawyers and Ranch projects, TDG Gold's Baker-Shasta projects, Amarc Resources' AuRORA project,
and Centerra 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 the
discovery, expansion, and advancement of district-scale gold and copper assets in British Columbia.
The Company's portfolio is anchored by its flagship JD Project, alongside the Theory Project in the
prolific Toodoggone region of north-central BC, and the Buck Project in central B.C. Further details are
available at
www.sunsummitminerals.com
.
On behalf of the board of directors
Niel Marotta
Chief Executive Officer & Director
For further information, contact:
Matthew Benedetto, Simone Capital
Tel. 416-817-1226
Forward-Looking Information
This news release contains "forward-looking information" within the meaning of the applicable Canadian
securities legislation that is based on expectations, estimates, projections and interpretations as at the
date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs,
plans, projections, objectives, assumptions, future events or performance (often, but not always, using
phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view",
"anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates",
"potential", "feasibility", "believes" or "intends" or variations of such words and phrases or stating that
certain actions, events or results "may", "could", "would", "might" or "will" be taken to occur or be
achieved) are not statements of historical fact and may be forward-looking information and are intended
to identify forward-looking information. This news release contains the forward-looking information
pertaining to, among other things: the continued development of more advanced steps such as
metallurgical testing and a mineral resource estimate on the JD Project; favourable financial benefits to
the Company as the Company advances exploration of the JD Project; potential and ability of the
Company to significantly expand the JD Project's mineralized footprint; results of metallurgical testing at
the JD Project and timing of announcement of the same; results from the inaugural mineral resource
estimate of the JD Project, and timing of announcement of the same. Although the forward-looking
information contained in this news release is based upon what management believes, or believed at the
time, to be reasonable assumptions, Sun Summit cannot assure shareholders and prospective
purchasers of securities of the Company that actual results will be consistent with such forward-looking
information, as there may be other factors that cause results not to be as anticipated, estimated or
intended, and neither Sun Summit nor any other person assumes responsibility for the accuracy and
completeness of any such forward-looking information. Such factors include, among others, risks relating
to the ability of exploration activities (including drill results) to accurately predict mineralization; errors in
management's geological modelling; the ability of Sun Summit to complete further exploration activities,
including drilling; property, option and royalty interests in the JD Gold Project; the ability of Sun Summit to
obtain required approvals; the results of exploration activities; risks relating to mining activities; the
global economic climate; metal prices; dilution; environmental risks; and community and non-
governmental actions. Sun Summit does not undertake, and assumes no obligation, to update or revise
any such forward-looking statements or forward-looking information contained herein to reflect new
events or circumstances, except as may be required by law.
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/293456