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SMN.V ·

Sun Summit Grants Stock Options

Share Capital & Compensation

SUN SUMMIT GRANTS STOCK OPTIONS

Vancouver, BC, January 13, 2021: Sun Summit Minerals Corp. (TSX-V: SMN) announces that

it has granted options to purchase 1,300,000 common shares at $0.43 per share for five years

to directors, officers, employees and consultants.

About Sun Summit

Sun Summit Minerals (formerly San Marco Resources Ltd.) is a Canadian mineral exploration

company actively pursuing world class gold, silv er, zinc, and copper projects with a focus in

mining friendly jurisdictions in both British Columbia and Mexico.

The Company’s principal focus is the Buck Property in north-central British Columbia that has

bulk-tonnage gold and silver potential. The property is located in a mining-friendly region that

includes many former and current operating mines. The Company’s portfolio also includes

several prospective, early stage exploration properties in Mexico.

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

For further information, contact:

Sharyn Alexander, M.Sc.

VP Technical Services

Nancy Curry

Corporate Communications

[email protected]

Tel. 778-588-9606

Forward Looking Information

Statements contained in this news rel ease that are not historical facts may be forward-looking statements, which

involve risks, uncertainties and other fact ors that could cause actual results to differ mate rially from those expressed

or implied by such forward-looking statements. Factors that could cause such differences, without limiting the

generality of the following, incl ude: risks inherent in explorat ion 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; imprecision in resource and reserve estimates; environmental and safety

risks including increased regulatory bu rdens; unexpected geological or hydr ological conditi ons; changes in

government regulations and policies, incl uding 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 Minerals Corp. (SMN) 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.