Sun Summit Recommences Drill Program at Buck Project, Central BC
Sun Summit Recommences Drill Program at
Buck Project, Central BC
Vancouver, British Columbia--(Newsfile Corp. - August 15, 2023) - Sun Summit Minerals Corp. (TSXV:
SMN) (OTCQB: SMREF) announces that drill crews have been remobilized to site after an evacuation
order south of the town of Houston due to a wildfire was lifted. As previously announced, Sun Summit
took proactive measures to temporary suspend drilling and field exploration in the area and all personnel
were demobilized from site (see
July 26, 2023
news release).
Highlights
Drilling recommenced at Buck Main:
The planned drill program consists of ~3,500 metres over
15 step-out drill holes targeting new zones of potential high-grade and bulk-tonnage mineralization
in untested areas to the north and west of previous drilling (see
June 8, 2023
news release).
Assay results and geochemical analysis expected shortly:
All drill core and surface samples
collected in advance of the evacuation notice are currently being processed at the lab and results
are expected shortly.
Sharyn Alexander, Sun Summit's President stated: "We are pleased to resume our multi-stage drilling
and exploration program at the Buck Property. New drilling at Buck Main has already shown encouraging
zones of visible sulfide mineralization, and the upcoming assay results will help guide and refine
targeting as the drill program continues.
"We are committed to conducting our programs in a safe and responsible manner, and ensuring that all
necessary health and safety measures are in place for an efficient and effective work campaign. I'd like
to thank our team for their proactive, organized approach during the demobilization and remobilization,
and express our gratitude to the firefighters and emergency personnel who worked to bring the wildfire
under control."
Three diamond drill holes and a portion of a fourth were completed at Buck Main before the evacuation
order was issued. In addition, extensive field exploration was conducted in the area of Mount Morice and
CR (recently acquired from Teck; see
June 1, 2023
news release), including the collection of rock, silt
and soil samples. Core samples from drill holes completed in advance of the evacuation notice and all
collected surface samples are currently being processed and results are expected from the lab shortly.
No damage or loss to infrastructure has been reported and the Company does not anticipate any delays
to the resumption of work and ongoing exploration program.
National Instrument 43-101 Disclosure
This news release has been 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 also verified the 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 Project 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 the Buck Project
The Buck Project is situated in a historic mining district near Houston, B.C., with excellent nearby
infrastructure that allows for year-round, road-accessible exploration.
The project is host to the Buck Main intermediate-sulfidation epithermal-related gold-silver-zinc system.
Most of the mineralization drilled to date at Buck Main consists of long, continuous zones of
disseminated and breccia-hosted, bulk tonnage-style gold-silver-zinc. Vein-hosted, high-grade
mineralization has also been intersected near the center of Buck Main.
Exploration at the Buck Project is focused on investigating the lateral and vertical extent of gold-silver-
zinc mineralization at the Buck Main system, and to define additional drill targets across the entire land
package through systematic exploration programs.
About Sun Summit
Sun Summit Minerals (TSXV: SMN) (OTCQB: SMREF) is a mineral exploration company focused on
expanding its gold, silver, and zinc discovery at its flagship Buck Project located in north-central British
Columbia.
Sun Summit is committed to environmental and social responsibility, with a focus on accountable
development and building respectful and beneficial relationships with Indigenous and local communities.
Further details are available at
www.sunsummitminerals.com
.
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. Factors that could cause
such differences, 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. 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.
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada
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/177132