Sun Summit Discovers Zone of Strong Copper and Silver Mineralization West of Buck Main and Provides Update from Current Drill Program
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2022) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to provide an update from its current drill program at Buck Main and results from its recently completed property-wide exploration program across the Buck Property, central British Columbia. Highlights Drilling ongoing: Nine holes have so far been completed at Buck Main. Testing for high-grade structures and the limits of the Buck Main hydrothermal system: Six holes...
2022-04-06 7:00 AM EDT
Sun Summit Obtains DTC Eligibility
Vancouver, British Columbia--(Newsfile Corp. - March 30, 2022) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to announce it has received confirmation from the Depository Trust Company (DTC) that its common shares are now eligible for electronic clearing and settlement through the DTC in the United States. Sharyn Alexander, President of Sun Summit, said: "We are pleased to have obtained our DTC eligibility, which streamlines the process of trading shares in the United...
2022-03-30 8:00 AM EDT
Sun Summit Closes $6,000,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 25, 2022) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to announce that it has closed its non-brokered private placement for gross proceeds of $6,000,400 (the "Offering") by the issuance of: (i) 1,979,300 charity "flow-through" units at a price of $0.63 each ("CFT Units") for $1,246,959, (ii) 7,830,079 "flow-through" units at a price of $0.52 each ("FT Units") for $4,071,641, and (iii) 1,515,111 non-flow-through units...
2022-03-25 1:20 PM EDT
Sun Summit Increases Private Placement to $6,000,000
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2022) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to announce that, due to strong investor demand, it has increased its non-brokered private placement to gross proceeds of $6,000,000 (the "Offering") consisting of: (i) charity "flow-through" units at a price of $0.63 each ("CFT Units"), (ii) "flow-through" units at a price of $0.52 each ("FT Units"), and (iii) non-flow-through units at a price of $0.45 each...
2022-02-24 2:52 PM EST
Sun Summit Arranges $4,000,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 23, 2022) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to announce that it has arranged a non-brokered private placement consisting of: (i) charity "flow-through" units at a price of $0.63 each ("CFT Units"), (ii) "flow-through" units at a price of $0.52 each ("FT Units"), and (iii) non-flow-through units at a price of $0.45 each ("NFT Units") for gross aggregate proceeds of $4,000,000 (the "Offering"). Eventus...
2022-02-23 4:30 PM EST
Sun Summit Discovers Multiple Near-Surface Zones of Bulk-Tonnage Style Gold-Silver-Zinc Mineralization and Significantly Enhances the Exploration Potential at the Buck Property, Central B.C.
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2022) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to report drill results and the discovery of additional near-surface zones of bulk-tonnage style gold-silver-zinc mineralization from its fall 2021 exploration program on its Buck Property, central B.C. Highlights Discovery of new zone of near-surface, breccia-hosted, gold-silver-zinc mineralization along strike to the northwest (e.g., 1.85 g/t gold equivalent...
2022-02-22 6:00 AM EST
Sun Summit Sells Mexican Properties and Royalties to Green Earth
Vancouver, British Columbia--(Newsfile Corp. - February 15, 2022) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to announce that it has sold its property and royalty interests covering approximately 92,488 hectares in Mexico to Green Earth Metals Inc., an arm's length private British Columbia company founded by geoscientist Richard Osmond, for 5,000,000 Green Earth common shares and warrants to purchase a further 2,000,000 Green Earth common shares for five years....
2022-02-15 7:00 AM EST
Sun Summit Reports High Metallurgical Recoveries for Zinc Through Preliminary Scoping Scale Metallurgical Test Work at Buck Property
Vancouver, British Columbia--(Newsfile Corp. - February 8, 2022) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to announce the potential importance of zinc to future economic analyses at the Buck Property, central B.C. Zinc will be included in future gold-equivalent calculations as it has potential to be a significant economic contributor to the metal budget of the property. The results for the remaining drill holes from the fall 2021 drill program will be released very...
2022-02-08 7:00 AM EST
Sun Summit to Recommence Drill Program at Buck Property; Plans Property-Wide Geophysical Survey
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2022) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to announce that exploration drilling is set to recommence at its 100% controlled Buck Property, central British Columbia. The exploration program will be designed to expand on the Buck Main epithermal gold discovery which remains open in all directions and at depth. Highlights Crews are mobilizing: One drill rig is currently on site and the crew has commenced...
2022-01-25 8:00 AM EST
Sun Summit Drills 11.65 g/t Gold Equivalent over 3.0 Metres including 31.79 g/t gold Equivalent over 1 Metre and 0.74 g/t Gold Equivalent over 175.3 Metres Including 1.25 g/t Gold Equivalent over 53.8 Metres at Buck Property, Central BC
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2022) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to report initial drill results from its fall 2021 exploration program on its Buck Property, central B.C. Assays from eight of the 32 completed holes are reported. Highlights Multiple intervals of high-grade, vein-hosted gold mineralization intersected in numerous holes: 11.65 grams/tonne (g/t) gold equivalent (AuEq) over 3.0 metres, including 31.79 g/t AuEq over...
2022-01-05 7:00 AM EST
Sun Summit Provides Update from Significant Drill Program at the Buck Property
Vancouver, British Columbia--(Newsfile Corp. - November 30, 2021) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to provide an update from its exploration drill program at its 100% controlled Buck Property, north-central British Columbia. Highlights Over 10,000 metres in 32 drill holes completed: Sun Summit has so far completed 10,300 metres of drilling focused on targeting high-grade and bulk tonnage-style gold mineralization covering an area of over 500 by 500 metres....
2021-11-30 8:00 AM EST
Sun Summit Appoints Purni Parikh to Board; Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - November 10, 2021) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to announce that Purni Parikh has been appointed to its board of directors. Ms. Parikh has over 25 years of public company experience in the mining sector including corporate affairs and finance, legal and regulatory administration, and governance. Ms. Parikh is President of the Augusta Group of Companies and Senior Vice President, Corporate Affairs of Solaris...
2021-11-10 9:00 AM EST
Sun Summit Appoints Sharyn Alexander as President and Provides Update on Its Exploration Drill Program at Buck
Vancouver, British Columbia--(Newsfile Corp. - November 3, 2021) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) ("Sun Summit" or the "Company") is pleased to provide a corporate update and inform shareholders on drilling progress at its 100% controlled Buck Property, central British Columbia. Two drill rigs are currently operating on site. Highlights Strengthens executive team by appointment of Sharyn Alexander to the position of President: Ms. Alexander brings a wealth of experience...
2021-11-03 8:00 AM EDT
Sun Summit Provides Update on Significant Drill Program at Buck
Vancouver, British Columbia--(Newsfile Corp. - October 13, 2021) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) ("Sun Summit" or the "Company") is pleased to provide an update from its fall 2021 phase of drilling at its 100% controlled Buck Property, central British Columbia. Two drill rigs are currently operating on site. Highlights Build on high-grade gold discovery: One drill rig is focused on high-grade gold mineralization in the Trench Zone (e.g., 31.6 grams per tonne (g/t) gold...
2021-10-13 8:00 AM EDT
Sun Summit Commences Significant Drill Program at Buck; Targets Continuity of High-Grade Gold Mineralization
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2021) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) ("Sun Summit" or the "Company") is pleased to announce that it has commenced a new phase of drilling at its 100% controlled Buck Property, central British Columbia. Two drill rigs are currently on site, and another rig may be added later, dependent on availability. Highlights Build on high-grade gold discovery: Sun Summit will systematically investigate the structural...
2021-09-28 8:00 AM EDT
Sun Summit Provides Exploration Update from Property-Wide Exploration Program at the Buck Property, Central BC
Vancouver, British Columbia--(Newsfile Corp. - August 4, 2021) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to provide an update from its current property-wide exploration program across its 100% optioned Buck Property, central British Columbia. Highlights Over 200 rock samples and over 2,000 soil samples have been collected to date across the 33,000 hectare property. Geological mapping and prospecting have outlined numerous areas of previously unrecognized pervasive...
2021-08-04 8:00 AM EDT
Sun Summit Announces Closing of C$5.0 Million Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 29, 2021) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) ("Sun Summit" or the "Company") is pleased to announce that it has closed its previously announced brokered private placement for gross proceeds of C$ 4,000,000 (the "Offering"). Due to strong demand, the co-lead agents and joint bookrunners, Red Cloud Securities Inc. and Eventus Capital Corp. (collectively, the "Agents"), fully exercised their option to increase the total...
2021-07-29 4:15 PM EDT
Sun Summit Minerals to Begin Trading on the OTCQB as "SMREF"
Vancouver, British Columbia--(Newsfile Corp. - July 23, 2021) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) ("Sun Summit" or the "Company") is pleased to announce that its common shares were approved today for trading on OTC Markets Group Inc.'s OTCQB® Venture Market ("OTCQB") for early-stage and developing U.S. and international companies. Robert Willis, CEO, commented, "Our OTCQB listing is an important milestone for the Company and provides increased access and visibility to...
2021-07-23 8:00 AM EDT
Sun Summit Announces Brokered Private Placement for up to C$ 4.0 Million
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2021) - Sun Summit Minerals Corp. (TSXV: SMN) (OTC Pink: SMREF) ("Sun Summit" or the "Company") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. and Eventus Capital Corp. (collectively, the "Agents") to act as co-lead agents and joint bookrunners in connection with a fully marketed, private placement for gross proceeds of up to C$ 4,000,000 (the "Offering"). The Offering is to be comprised of a...
2021-07-08 8:12 AM EDT
Sun Summit Intersects Longest Interval of Continuous, near Surface Gold Mineralization to Date: 87 Metres of 1.13 g/t Gold Equivalent Within 409 Metres of 0.52 g/t Gold Equivalent
Vancouver, British Columbia--(Newsfile Corp. - July 6, 2021) - Sun Summit Minerals Inc. (TSXV: SMN) OTC Pink: SMREF) ("Sun Summit" or the "Company") is pleased to report the final assay results from the first phase of its 2021 exploration program on its Buck Property, central British Columbia. Highlights Long intervals of continuous gold mineralization cut in BK21-033 (Horseshoe zone): 87 metres of 1.13 grams per tonne (g/t) gold equivalent (AuEQ) within 265 metres of 0.66 g/t AuEQ and 409...
2021-07-06 8:00 AM EDT