Sun Summit Commences 2022 Property-Wide Exploration on the Buck Property; Mobilises Crew for High-Resolution Airborne VTEM Geophysical Survey
Sun Summit Commences 2022 Property-Wide
Exploration on the Buck Property; Mobilises
Crew for High-Resolution Airborne VTEM
Geophysical Survey
Vancouver, British Columbia--(Newsfile Corp. - June 14, 2022) - Sun Summit Minerals Corp. (TSXV:
SMN) (OTCQB: SMREF) is pleased to announce the commencement of its summer 2022 exploration
program across its Buck Property, central B.C.
Highlights
Property-wide geophysical survey is set to commence:
Crew and equipment have been
mobilised to the property to conduct a heli-borne Versatile Time Domain Electromagnetic (VTEM)
survey.
High-resolution geophysical data to assist with target generation:
Results will be used to
refine and prioritise follow-up geological and geochemical surveys and possible drilling later this
year.
Drill planning in progress:
All new data from the recently competed Buck Main drill program has
been interpreted and included into the refined geological model. Targets within and peripheral to
the Buck Main system are currently being ranked and prioritised.
Sharyn Alexander, Sun Summit's President, stated:
"The start of this year's property-wide exploration program is a very exciting time for us. Based on
encouraging results from last year's extensive drilling and field work, we decided it was paramount to
focus on investigating the broader mineral potential and prospectivity of the entire property. As such, the
objective of this extensive survey is to obtain important geophysical data from across the property to
identify zones where geochemical, geological, and geophysical anomalies are coincidental. This
additional data is anticipated to help focus follow-up work and generate new drill targets outside of the
Buck Main zone.
"The Buck Property is surrounded by current and past-producing mines as well as numerous advanced-
staged development projects
1
. Although the Buck Main target area is the current focus, we strongly
believe in the project's potential to host multiple deposit-types. Our immediate goal therefore is to define
and prioritise additional prospective drill targets to complement our ongoing systematic drill programs at
Buck Main."
Geophysical Survey
Sun Summit has contracted Geotech Ltd. to carry out a helicopter-borne VTEM geophysical survey
across the Buck property. The over 1,800-line kilometre survey will be conducted on east-west oriented
lines spaced 200 metres apart. The VTEM system is proprietary to Geotech and is used to map the
apparent resistivity (or electrical conductivity) and the magnetic signature of bedrock underlying a survey
area. This data can be used to map geologic structures, lithologies and alteration zones potentially
related to hydrothermal fluids in areas buried by post-mineralization cover such as glacial till and soils.
This type of survey has been successfully utilized in similar geologic environments to explore for
porphyry- and epithermal-related mineralization.
Central to the 33,000 hectare Buck Property is an approximately 24 kilometre long, northwest-trending,
fault-bound belt of Late Cretaceous Kasalka Group volcanic and volcaniclastic rocks, host to epithermal-
related mineralization at Buck Main. Kasalka Group volcanic rocks also host bulk-tonnage epithermal-
related mineralization at the Blackwater and Capoose gold-silver development projects of Artemis Gold
Inc. (Angen et al., 2018)
2
. These rocks are poorly exposed across the Buck Property due to widespread
post-mineralization cover, therefore the high-resolution VTEM data will provide critical insight into the
prospectivity of the underlying bedrock and help focus future ground-based surveys.
The initial focus will be to investigate the apparent resistivity signature of the Buck Main epithermal-
related system and to look for comparable signatures across the entire property. These potential
anomalies, together with other signatures interpreted to be possibly related to additional mineralization
styles, will be ranked and prioritised. Follow-up geological and geochemical surveys will commence
shortly after completion of the VTEM survey.
Figure 1. Map showing the survey area
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/6142/127605_9b38751354a1c9f2_001full.jpg
References
Angen, J.J., Hart, C.J.R., Kim, R.S., and Rahimi, M. (2018): Geology and Mineral Potential of the TREK
Area, Northern Interior Plateau, Central British Columbia, Parts of 1:250,000 NTS Sheets 093B, C, F
and G; Geoscience BC Report 2018-12, MDRU Publication 411.175 p.
National Instrument 43-101 Disclosure
This news release has been approved by Sun Summit's Senior Advisor, Robert D. Willis, P. Eng., a
"Qualified Person" as defined in National Instrument 43-101,
Standards of Disclosure for Mineral
Projects
of the Canadian Securities Administrators. He has also verified any data disclosed, including
sampling, analytical and test data, underlying the technical information in this news release.
Community Engagement
Sun Summit is engaging with First Nations on whose territory the Buck Property is 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 as the project continues.
About Sun Summit
Sun Summit Minerals is an exploration company focused on expanding its epithermal gold, silver, and
zinc discovery at its flagship 100% controlled Buck Property located in north-central British Columbia
near the town of Houston in central B.C.
The Company is exploring multiple high priority targets through systematic exploration campaigns with
excellent developed infrastructure and year-round drilling access. The Buck Property has high-grade and
bulk-tonnage gold, silver, and zinc potential and is located in an established mining region that includes
many former operating mines and current exploration projects.
Sun Summit is committed to environmental and social responsibility with a focus on responsible
development to generate positive outcomes for all stakeholders.
Further details are available at
www.sunsummitminerals.com
.
Link to Figures
Figure 1:
https://sunsummitminerals.com/wp-content/uploads/2022/06/Fig1_VTEM_Survey_June_NR.jpg
For further information, contact:
Sharyn Alexander
President
Tel. 778-588-9606
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. Factors that could cause
such differences, without limiting the generality of the following, include: risks inherent in exploration
activities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations;
the impact of exploration competition; the ability to raise funds through private or public equity financings;
environmental and safety risks including increased regulatory burdens; 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; weather and
other natural phenomena; and other exploration, development, operating, financial market and regulatory
risks. 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.
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this release.
1
Resources and reserves at such mines are not evidence of resources existing at Buck
2
Mineralization at such projects is not necessarily indicative of mineralization at Buck
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