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SUN SUMMIT MINERALS CORP - SMREF STOCK NEWS

Welcome to our dedicated page for SUN SUMMIT MINERALS news (Ticker: SMREF), a resource for investors and traders seeking the latest updates and insights on SUN SUMMIT MINERALS stock.

Sun Summit Minerals Corp (SMREF) is a mineral exploration company focused on expanding and discovering district-scale gold and copper assets in British Columbia. The company's portfolio includes the JD Project in the Toodoggone region and the Buck Project in central B.C. Recent exploration efforts have identified additional high-priority gold-silver targets at the Finn to Creek corridor on the JD Project. Historical trenching data review has confirmed significant gold-silver mineralization, with continuous zones of high-grade mineralization. The complex epithermal environment indicates strong prospectivity, supporting the upcoming 2024 exploration program, which will include drilling and various surveys.

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Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) announces temporary suspension of exploration activities due to uncontrolled wildfire south of Houston. The company assures no significant delays expected and emphasizes safety of employees and community.
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Sun Summit Minerals Corp. has closed its oversubscribed private placement, raising $2,889,419.66. The financing will be used for exploration plans at the Buck Project and other properties in British Columbia. The Company's balance sheet is strengthened, positioning them for an active exploration season.
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FAQ

What is the current stock price of SUN SUMMIT MINERALS (SMREF)?

The current stock price of SUN SUMMIT MINERALS (SMREF) is $0.105 as of January 28, 2025.

What is the market cap of SUN SUMMIT MINERALS (SMREF)?

The market cap of SUN SUMMIT MINERALS (SMREF) is approximately 6.9M.

What is Sun Summit Minerals Corp focused on?

Sun Summit Minerals Corp is focused on expanding and discovering district-scale gold and copper assets in British Columbia.

What recent achievements has the company made?

Recent achievements include identifying additional high-priority gold-silver targets at the Finn to Creek corridor on the JD Project.

What upcoming exploration activities are planned?

The upcoming 2024 exploration program will include drilling, geological and structural mapping, soil and rock geochemical surveys, and geophysical surveys.

What does the complex epithermal environment indicate?

The complex epithermal environment indicates high potential for prospectivity, with different silver to gold ratios suggesting strong structural complexity and multiple phases of mineralization.

How will the company utilize the proceeds from the Private Placement?

The proceeds from the Private Placement will be used for exploration and development of the Company's mineral property interests in British Columbia, Canada, and for general working capital purposes.

What community engagement initiatives is the company involved in?

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.
SUN SUMMIT MINERALS CORP

OTC:SMREF

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SMREF Stock Data

6.92M
83.87M
8.77%
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