Sun Summit Defines Multiple High-Priority Gold Targets at the Creek Zone, JD Project in the Toodoggone District, North-Central B.C.
Sun Summit Defines Multiple High-Priority
Gold Targets at the Creek Zone, JD Project in
the Toodoggone District, North-Central B.C.
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2024) - Sun Summit Minerals Corp.
(TSXV: SMN) (OTCQB: SMREF) is pleased to announce that, based on compiled historical drill hole
data, it has identified additional high priority gold targets at the Creek zone, a significant mineralized
zone on the recently optioned JD Project in the Toodoggone gold-copper mining district in north-central
British Columbia.
Highlights:
Multiple priority drill targets defined through extensive data review:
An ongoing
comprehensive review and compilation of property-wide historical exploration data has resulted in
the definition of multiple new target areas, including identification of extensions to previously drilled
near-surface high-grade gold mineralization within the Creek zone.
High-grade gold mineralization in historical drill holes at Creek zone:
Results from limited
historical drilling highlight the high-grade gold potential of structurally controlled, sulfide-rich
mineralization at the Creek zone. Select drill highlights* include:
22.0 m of 11.7 g/t Au including 4.0 m of 61.2 g/t Au
(CZ97-008
1
)
21.5 m of 3.1 g/t Au including 3.0 m of 18.7 g/t Au
(CZ98-012
2
)
Intermittent sampling in historic drill holes suggests further drilling is clearly warranted:
Historic core sampling was locally selective and left significant gaps in assay data, which does not
allow for the adequate evaluation of gold mineralization continuity or target scale potential. Drill
holes that were continuously sampled, however, demonstrate the presence of previously
unrecognized bulk-tonnage style gold mineralization at the JD project.
Follow-up drill testing and field programs planned for 2024
: The structural controls on high-
grade mineralization at the Creek zone remains unknown. Planned drilling, as well as surface
geochemical and geophysical surveys, will aim to investigate the orientation and extent of the high-
grade mineralization, evaluate the bulk-tonnage potential, as well as target high-grade veins within
the Creek zone.
* Note drill intervals are downhole core lengths. True widths are unknown.
"The primary goal of our data compilation effort is to generate walk-up, high-potential drill targets," stated
Sharyn Alexander, Sun Summit's President. "
Numerous priority areas, based primarily on review of
historical drilling, have already emerged from the Finn and Creek zones.
At the Creek zone,
previous drilling is limited, and it is clear that high-grade mineralization is open in all directions.
Previous
drill programs also identified bulk-tonnage style mineralization which adds to our belief that the JD
project hosts significant size and scale potential.
The fact that most holes were selectively sampled,
leaving large gaps in assay data, limits our evaluation of the true scale and potential of these
exciting targets.
We therefore plan to aggressively explore the Finn and Creek zones this year with a
program consisting of diamond drilling, IP geophysics and targeted mapping. Further details of the
upcoming field program will be announced as the data compilation and target generation progresses."
JD Project Overview
The JD Project comprises over 15,000 hectares of contiguous mineral claims in the prolific Toodoggone
gold-copper mining district in north-central British Columbia (Figure 1). The project is host to high-grade,
epithermal-related, gold-silver systems and porphyry-related copper-gold systems and lies just north of
the Kemess Cu-Au mining camp.
Figure 1. JD Project showing Finn and Creek targets
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6142/197561_b375a6727405fbf5_001full.jpg
A comprehensive review and compilation of historic data from across the JD Project area has identified
multiple high-priority drill targets at the Finn zone (see
February 1, 2024
news release) as well as the
Creek zone. The extensive historic data, dating back to the early 1970s and reported in over 70 public
assessment reports, represents a critical component to ongoing target selection and exploration
prioritization.
Creek Zone
The Creek Zone, centered approximately 3 kilometres to the west of the Finn Zone (Figure 1), 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 and was followed-up by drilling in 1998 where a further 11 drill holes tested an interpreted strike-
length of over 450 metres (Figure 2). The discovery hole, CZ97-008, intersected numerous zones of
high-grade gold mineralization, highlighted by an interval of
4.0 metres of 61.2 g/t Au
. This interval was
later re-analysed via metallic screens and returned
4.0 metres of 103.3 g/t Au
1
. Subsequent drill holes
also intersected numerous zones of strong gold mineralization, (e.g.,
21.5 metres of 3.1 g/t Au
including
3.0 metres of 18.7 g/t Au
, CZ98-012
2
).
Figure 2. Historical drill collars and select downhole Au intervals at the Creek zone
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6142/197561_b375a6727405fbf5_002full.jpg
Although drilling, logging and surveying methods were completed to industry standards during the 1998
program, most historic holes contain broad gaps due to discontinuous sampling and assaying (Figures
3 and 4). Only holes CZ98-009
2
(
72.3 metres at 0.8 g/t Au including 4.3 metres at 6.7 g/t Au
) and
CZ98-016
2
(
57.0 metres at 0.6 g/t Au including 26.0 metres at 1.0 g/t Au
) were subject to near-
continuous sampling. These holes, located 350 metres apart,
demonstrate the presence of
previously unrecognised bulk-tonnage style gold mineralization at the JD project.
Additionally,
the remaining holes from the 1998 drill program contain significant gaps in assay data where many
higher-grade veins lack neighbouring assays preventing adequate evaluation of gold mineralization
continuity or target scale potential (e.g., bottom of CZ98-015
2
, Figures 3 and 4).
Figure 3. Northwest-southeast section through the historical drilling at the Creek zone
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6142/197561_b375a6727405fbf5_003full.jpg
A full review of all Creek zone exploration data including soil and rock geochemical sample data, trench
data, and magnetic geophysical data is ongoing. However, based on compiled drill data, a systematic
exploration program is being planned to include:
Step-out drilling near the 1997 discovery hole to evaluate the orientation and extent of the high-
grade mineralization while also sampling complete holes for full multi-element geochemistry.
Tight-spaced IP (induced polarization) geophysical survey to investigate the size of the largely
concealed, pyrite-rich alteration zone peripheral to the high-grade veins.
Based on structural data from surface mapping and geochemistry together with drill hole data and
IP models, wider-spaced step-out drill holes along trend to evaluate the scale of the bulk-tonnage
system as well as targeting higher-grade veins.
Data compilation is ongoing, and the review is now primarily focused on surface geochemical,
geological and geophysical datasets, including approximately 16,000 soil samples, 2,000 rock samples,
130 trenches, and numerous ground- and airborne-based geophysical datasets.
Figure 4. Inset map showing selective sampling in historic drill holes at the Creek zone
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6142/197561_b375a6727405fbf5_004full.jpg
Table 1. Select historical drillhole intercepts from the Creek zone
Drill Hole
From (m)
To (m)
Interval (m)*
Au (g/t)
Ag (g/t)
Sampling**
CZ97-008
27.0
28.5
1.5
10.3
0.3
selective
and
43.0
61.0
18.0
2.2
0.9
and
77.0
99.0
22.0
11.7
17.7
including
91.0
95.0
4.0
61.2
92.1
CZ98-009
9.8
119.3
109.5
0.6
0.4
continuous
including
47.0
119.3
72.3
0.8
0.6
including
57.0
62.4
5.4
1.4
1.1
including
82.1
86.4
4.3
6.7
3.9
CZ98-010
31.2
46.8
15.6
0.9
1.0
selective
and
65.4
73.0
7.7
0.8
0.3
and
88.9
99.8
10.9
0.6
1.0
and
117.2
118.9
1.7
4.6
1.8
CZ98-012
54.5
57.5
3.0
1.2
0.4
selective
and
78.0
82.0
4.0
1.3
0.4
and
84.0
84.5
0.5
10.8
3.1
and
89.5
90.0
0.5
4.7
1.2
and
93.5
115.0
21.5
3.1
1.0
including
108.0
115.0
7.0
8.6
2.7
including
108.0
111.0
3.0
18.7
4.0
CZ98-014
40.5
45.0
4.5
3.9
2.2
selective
including
41.3
42.0
0.8
18.0
9.7
and
87.0
94.5
7.5
0.8
0.3
CZ98-015
37.3
44.9
7.6
1.2
0.5
selective
and
49.4
50.2
0.8
9.1
0.3
and
64.2
69.8
5.6
0.7
0.2
and
79.1
82.4
3.3
0.9
1.2
and
96.5
102.2
5.7
1.1
0.2
and
138.5
138.8
0.3
14.5
4.5
and
140.8
141.2
0.5
5.5
0.2
and
145.8
146.5
0.7
5.2
2.3
CZ98-016
175.0
232.0
57.0
0.6
0.2
continuous
including
206.0
232.0
26.0
1.0
0.2
Drill Hole
From (m)
To (m)
Interval (m)*
Au (g/t)
Ag (g/t)
Sampling**
* Note drill intervals are downhole core lengths. True widths are unknown.
** Historic core sampling was locally selective and left significant gaps in assay data.
Upcoming Events
SMCI Kelowna Capital Event
, February 15
th
, 2024 (Kelowna)
Red Cloud Live Webinar
, February 20
th
, 2024, 11 am PT / 2 pm ET (virtual)
Red Cloud Pre-PDAC Mining Showcase
, February 29
th
to March 1
st
, 2024 (Toronto)
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 historic
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 Buck Project in central B.C, and the JD Project in the Toodoggone region
of north-central B.C.
Further details are available at
www.sunsummitminerals.com
.
References
1
.
Hawkins, P.A. (1998), 1997 Exploration Report on the Creek Zone for Antares Mining and
Exploration Corporation and AGC Americas Gold Corporation, JD Property, Toodoggone River
Area, Omineca Mining Division, Internal Report #98-065-1.
2
.
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
.
Link to Figures
Figure 1:
https://wp-sunsummitminerals-2024.s3.ca-central-
1.amazonaws.com/media/2024/02/Fig1_JD_Overview.png
Figure 2:
https://wp-sunsummitminerals-2024.s3.ca-central-
1.amazonaws.com/media/2024/02/Fig2_Creek_Drilling.png
Figure 3:
https://wp-sunsummitminerals-2024.s3.ca-central-
1.amazonaws.com/media/2024/02/Fig3_Creek_Section.png
Figure 4:
https://wp-sunsummitminerals-2024.s3.ca-central-
1.amazonaws.com/media/2024/02/Fig4_Creek_Section_Inset.png
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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https://www.newsfilecorp.com/release/197561