Overview
Sun Summit Minerals (TSXV:SMN, OTCQB:SMREF) is a Canadian junior that has a management team with a track record of advancing projects, and a strong focus on ESG. Their flagship is the Buck project in central British Columbia, which covers around 33,000 hectares. The property lies in a mining-friendly jurisdiction with excellent infrastructure, including electricity and gas, airports, railways, and year-round road access. Buck is situated near Goldcorp’s past producing Equity Silver Mine as well as Imperial Metals’s Huckleberry Mine, in operation until 2016, and the geology on the property shows striking similarities to that at Artemis Gold’s Blackwater Gold Project, located around 170 km to the southeast.
The Buck project hosts a large, altered volcanic breccia system that shows widespread gold, silver and zinc mineralisation. Regionally, it forms part of the Nechako-Chilcotin Plateau, which generally contains significant amounts of subduction-related metallogeny. Drilling by Sun Summit in 2020 and 2021 focussed on the Trench and Horseshoe targets at Buck, totalling around 13,000 m, and this effort has paid off. The drilling produced both high grades, up to 247 g/t AuEq over 0.5 m, and long continuous intervals of gold mineralisation, such as one 109 m interval of 1.15 g/t AuEq. The mineralised system is currently wide open, meaning there is real potential for future discovery, including at other, seriously under-explored targets on the property.
In addition to the Buck project, Sun Summit holds three properties in Mexico that are prospective for base and precious metals, as well as royalty claims on two further Mexican projects. With over 100 years of collective experience in mining Sun Summit’s management is a team who have the capacity to deliver on the enormous potential of Buck and to manage the company’s assets for the benefit of shareholders and other stakeholders alike.
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