“Promoting a stock is just like making a movie. You need stars, props and a good script.” – Robert Friedland
May 11, 2021
Written By: IWA Team Member
TSX-V: SMN 0.9100
Mr. Bob Willis reports
SUN SUMMIT DRILLS 31.6 G/T GOLD OVER 4.0 METRES INCLUDING 246 G/T GOLD OVER 0.5 METRES IN THE TRENCH ZONE AND 1.07 G/T GOLD OVER 109 METRES INCLUDING 7.17 G/T GOLD OVER 5.2 METRES IN THE HORSESHOE ZONE; BUCK PROPERTY, CENTRAL BC
Sun Summit Minerals Inc. has provided initial drill results from its fully financed, 2021 exploration program on its Buck property, central British Columbia. Assays from five of the 18 completed holes are reported.
- Significant high-grade gold mineralization was intersected in the Trench zone:
- 31.6 grams per tonne (g/t) gold over 4.0 metres, including 246 g/t gold over 0.5 metre (BK21-020).
- 7.36 g/t gold over 3.0 metres, including 21.70 g/t gold over 1.0 metre (BK21-019).
- These initial results from BK20-012 stepout holes confirm the high-grade potential of this newly discovered area.
- Broad zones of bulk-tonnage-style gold mineralization was intersected in the Horseshoe zone:
- 0.78 g/t gold over 186 metres, including 1.07 g/t gold over 109 metres and including 7.17 g/t gold over 5.2 metres (BK21-017). This interval represents the longest continuous zone of significant gold and silver mineralization ever drilled on the property.
- 0.81 g/t gold over 70.0 metres, including 1.04 g/t gold over 43.0 metres (BK21-018).
Note: Intervals are downhole core lengths. True widths are unknown.
Bob Willis, Sun Summit’s chief executive officer, stated: “The 2021 program has started off with exceptional results. Our first hole in the Horseshoe zone cut a long and continuous interval of significant gold mineralization, which contained a high-grade zone which clearly indicates the potential of high-grade
sweeteners within bulk tonnage-style grades.
“Assays from drill hole BK21-020, a 100-metre stepout from discovery hole BK20-012 in the Trench zone, confirms the considerable potential of this area. The vein-hosted mineralization in this new hole yielded the highest gold grade ever drilled at Buck.
“Our systematic approach to investigating the potential of the Buck property is paying off and we look forward to keeping our shareholders informed on our progress as assays are returned from the lab. The current drill phase expanded the footprint of the Trench-Horseshoe mineralized system. The limits of the system have not been reached and it remains open in all directions.”
Sun Summit is working to engage with first nations whose territory includes the Buck property, to discuss their interests and identify 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.
The recently expanded 33,000-hectare property, approximately 12 kilometres south of Houston, B.C., has excellent nearby infrastructure and allows for year-round road-accessible exploration.
Health and safety
The company’s exploration programs are being carried out in full compliance with federal, provincial and municipal guidelines established in response to the global COVID-19 pandemic. Sun Summit has a rigorous infection prevention and control protocol in place to protect the health of employees and contractors, as well as surrounding communities in which the company works.
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IWA is a shareholder of Sun Summit Minerals Inc.
Statements which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. It is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental, and technological factors that may affect the Company’s operations, markets, products, and prices. Readers should refer to the risk disclosures outlined in the Company’s Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.
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