Sun Summit Commences Inaugural Drill Program Targeting High-grade Gold Mineralization at the JD Project
Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) has commenced its inaugural exploration campaign at the JD Project in north-central British Columbia. The project, spanning 15,000 hectares in the Toodoggone gold-copper mining district, hosts numerous under-explored gold-silver and copper-gold targets. Key highlights include:
1. An inaugural drill program targeting high-grade gold-silver mineralization, with up to 3,000 metres planned.
2. Initial focus on the Creek Zone, where historical drilling yielded impressive results like 22.0 metres of 11.7 g/t Au.
3. Complementary exploration activities including IP geophysical survey, soil geochemical survey, geological mapping, and LiDAR survey.
The company aims to explore potential extensions of high-grade gold mineralization and investigate multiple target areas across the 4.5-kilometre Finn to Creek Corridor and Belle target areas.
Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) ha avviato la sua campagna di esplorazione inaugurale presso il Progetto JD nel centro-nord della Columbia Britannica. Il progetto, che si estende su 15.000 ettari nel distretto minerario di Toodoggone, ospita numerosi obiettivi poco esplorati di oro-argento e rame-oro. I punti salienti includono:
1. Un programma di perforazione inaugurale mirato alla mineralizzazione ad alto grado di oro-argento, con fino a 3.000 metri pianificati.
2. Focus iniziale sulla Creek Zone, dove i fori storici hanno prodotto risultati notevoli come 22,0 metri a 11,7 g/t Au.
3. Attività esplorative complementari, tra cui indagini geofisiche IP, indagini geochimiche del suolo, mappatura geologica e indagini LiDAR.
L'azienda mira ad esplorare potenziali estensioni della mineralizzazione di oro ad alto grado e a indagare molteplici aree target lungo il Corridoio Finn-Creek di 4,5 chilometri e le aree target Belle.
Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) ha iniciado su campaña de exploración inaugural en el Proyecto JD, en el centro-norte de Columbia Británica. El proyecto, que se extiende por 15,000 hectáreas en el distrito minero de Toodoggone, alberga numerosos objetivos poco explorados de oro-plata y cobre-oro. Los aspectos más destacados incluyen:
1. Un programa de perforación inaugural dirigido a la mineralización de alto grado de oro-plata, con hasta 3,000 metros planeados.
2. Enfoque inicial en la Creek Zone, donde las perforaciones históricas han arrojado resultados impresionantes como 22,0 metros de 11,7 g/t Au.
3. Actividades de exploración complementarias, incluidas encuestas geofísicas IP, encuestas geoquímicas del suelo, mapeo geológico y encuestas LiDAR.
La empresa tiene como objetivo explorar extensiones potenciales de mineralización de oro de alto grado e investigar múltiples áreas objetivo a lo largo del Corredor Finn-Creek de 4.5 kilómetros y las áreas objetivo de Belle.
Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF)는 JD 프로젝트에서 첫 탐사 캠페인을 시작했습니다 북중부 브리티시컬럼비아에서. 이 프로젝트는 Toodoggone 금-구리 광산 지구에서 15,000 헥타르에 걸쳐 있으며, 여러 미개발 금-은 및 구리-금 목표가 있습니다. 주요 하이라이트는 다음과 같습니다:
1. 고등급 금-은 광물화를 목표로 한 첫 드릴 프로그램, 최대 3,000 미터가 계획되어 있습니다.
2. 역사적인 드릴링이 22.0 미터의 11.7 g/t Au와 같은 인상적인 결과를 낳은 Creek Zone에 초기 초점.
3. IP 지구 물리 조사, 토양 화학 조사, 지질 조사 및 LiDAR 조사와 같은 보완 탐사 활동.
회사는 4.5 킬로미터의 Finn-Creek 코리더 및 Belle 목표 지역에서 고등급 금 광물화의 잠재적 연장을 탐색하고 여러 목표 지역을 조사하는 것을 목표로 하고 있습니다.
Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) a lancé sa première campagne d'exploration au Projet JD dans le centre-nord de la Colombie-Britannique. Le projet, qui s'étend sur 15 000 hectares dans le district minier de Toodoggone, abrite de nombreux objectifs peu explorés d'or-argent et de cuivre-or. Les points forts incluent :
1. Un programme de forage inaugural ciblant une minéralisation d'or-argent de haute qualité, avec jusqu'à 3 000 mètres prévus.
2. Un accent initial sur la Creek Zone, où des forages historiques ont donné des résultats impressionnants comme 22,0 mètres à 11,7 g/t Au.
3. Des activités d'exploration complémentaires, y compris une enquête géophysique IP, une enquête géochimique du sol, une cartographie géologique et une enquête LiDAR.
L'entreprise vise à explorer des extensions potentielles de minéralisation d'or à haute teneur et à examiner plusieurs zones cibles dans le corridor Finn-Creek de 4,5 kilomètres et les zones cibles de Belle.
Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) hat ihre erste Explorationskampagne im JD-Projekt im nordzentralen British Columbia gestartet. Das Projekt erstreckt sich über 15.000 Hektar im Gold-Kupfer-Abbaugebiet Toodoggone und beherbergt zahlreiche wenig erkundete Gold-Silber- und Kupfer-Gold-Ziele. Zu den wichtigsten Highlights gehören:
1. Ein erster Bohrplan, der auf hochgradige Gold-Silber-Mineralisierung abzielt, mit einer geplanten Gesamtlänge von bis zu 3.000 Metern.
2. Erstes Augenmerk auf die Creek Zone, wo historische Bohrungen beeindruckende Ergebnisse wie 22,0 Meter mit 11,7 g/t Au lieferten.
3. Ergänzende Erkundungsaktivitäten, einschließlich IP-geophysikalischer Untersuchungen, geochemischen Bodenuntersuchungen, geologischer Kartierung und LiDAR-Untersuchungen.
Das Unternehmen zielt darauf ab, potenzielle Erweiterungen hochgradiger Goldmineralisierungen zu erkunden und mehrere Zielgebiete im 4,5 Kilometer langen Finn-Creek-Korridor und den Belle-Zielgebieten zu untersuchen.
- Commencement of inaugural drill program targeting high-grade gold-silver mineralization
- Historical drilling results show promising high-grade gold intercepts (e.g., 22.0 metres of 11.7 g/t Au)
- Comprehensive exploration program including geophysical, geochemical, and geological surveys
- Large project area (15,000 hectares) in a prolific mining district with multiple exploration targets
- None.
Vancouver, British Columbia--(Newsfile Corp. - July 30, 2024) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to announce the commencement of its inaugural exploration campaign at the JD Project, north-central British Columbia. The JD Project, located in the prolific Toodoggone gold-copper mining district, spans 15,000 hectares and hosts numerous under-explored, epithermal-related gold-silver and porphyry-related copper-gold targets.
Highlights:
Inaugural drill program has started: Up to 3,000 metres of drilling, targeting near-surface, high-grade, epithermal-related gold-silver mineralization within the Finn to Creek Corridor has commenced.
Targeting high-grade gold mineralization: The first five planned drill holes at Creek will target extensions of high-grade gold mineralization where limited drilling in 1997 and 1998 returned intercepts such as 22.0 metres* of 11.7 g/t Au including 4.0 metres of 61.2 g/t Au from drill hole CZ97-008 (February 12, 2024 news release).
Comprehensive exploration program is ramping up: In addition to drilling, other complementary exploration activities include:
A 20-line kilometre Induced Polarization (IP) geophysical survey has been completed across the Creek Zone and potential deeper targets to the northeast. Data review has commenced
A grid-based, 2,000 sample soil geochemical survey, designed to investigate the footprints of multiple target areas is nearing completion
Detailed structural and geological mapping focused on the Finn to Creek Corridor is ongoing
A project-wide LiDAR survey has been completed and data review has commenced
"We are very pleased to see the drill turning at the JD Project" stated Sharyn Alexander, Sun Summit's President. "Hard work over the last several months has led to this first exciting milestone in our exploration program. We have designed our summer program to investigate the gold potential of several high-priority targets through drilling as well as complementary project-wide geophysical, geological and geochemical surveys. Results from all activities will set the foundation for continued exploration across multiple target areas. We look forward to keeping the market informed on our exploration progress this summer."
Figure 1: JD Project 2024 Exploration Program
Drill Commencement and Program Update
The summer 2024 drill program first aims to explore potential extensions of sulphide-rich, structurally controlled, high-grade gold mineralization intersected in historical drilling at the Creek Zone. Limited drilling in 1997 and 1998 at Creek returned intervals such as 22.0 metres* of 11.7 g/t Au including 4.0 metres of 61.2 g/t Au from drill hole CZ97-008 (see February 12, 2024, news release). The first five planned drill holes comprise step-outs from areas of known mineralization.
The multidisciplinary program will also target gold mineralization across the 4.5-kilometre Finn to Creek Corridor and the Belle target areas (Figure 1). Exploration activities recently completed and still underway include:
IP Geophysical Survey: A 20-line kilometre IP survey has been completed over the Creek zone as well and potential proximal yet deeper targets to the northeast, where outcrop exposure is sparce. Data review and interpretation is currently underway.
Soil Geochemical Survey: Up to 2,000 soil samples will be collected across the Creek and Belle zones. At Creek, sampling is designed to infill gaps in previous geochemical surveys in 2013 as well as to confirm results of historic surveys from the 1980s. At Belle, centered 2.7 km south of the Finn Zone, grid-based soil sampling is designed to investigate the geochemical footprints of epithermal-related gold mineralization identified in historic trenching.
Structural and Geological Mapping: Detailed mapping, focused on the Finn to Creek Corridor, is ongoing and designed to refine the geological model as well as identify significant structural features, particularly at the Creek Zone where the orientation of gold-bearing structures is not well understood.
LiDAR and Aerial Photography: A property-wide LiDAR and aerial photography survey with sub-metre accuracy has been completed. This survey will provide detailed terrain models essential for accurate geological interpretation and project planning. Data review has commenced.
Results from all initial exploration activities will be used to rank and prioritise the next set of drill holes in the Finn to Creek Corridor.
* Note intervals are downhole core lengths. True widths are unknown.
National Instrument 43-101 Disclosure
This news release has been reviewed and 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 not been able to verify the historical exploration data disclosed, including sampling, analytical and test data, underlying the technical information in this news release since such data is historical and the original drill core is not readily available. Technical information contained in this release is historical in nature and has been compiled from public sources believed to be accurate. The technical information has not been verified by Sun Summit and may in some instances be unverifiable dependent on the existence of historical drill core and grab samples.
Community Engagement
Sun Summit is engaging with First Nations on whose territory our projects are 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 with ongoing exploration.
About the JD Project
The JD Project is located in the Toodoggone mining district in north-central British Columbia, a highly prospective deposit-rich mineral trend. The project covers an area of over 15,000 hectares and is in close proximity to active exploration and development projects, such as Thesis Gold's Lawyers and Ranch projects, TDG Gold's Baker-Shasta projects, Centerra's Gold's Kemess East and Underground projects, as well as the past-producing Kemess open pit copper-gold mine.
The project is 450 kilometres northwest of the city of Prince George, and 25 kilometres north of the Sturdee airstrip. It is proximal to existing infrastructure in place to support the past-producing Kemess mine, including roads and a hydroelectric power line.
The JD Project is in a favourable geological environment characterized by both high-grade epithermal gold and silver mineralization, as well as porphyry-related copper and gold mineralization. Some historical exploration, including drilling, geochemistry and geophysics, has been carried out on the property, however the project area is largely underexplored.
About Sun Summit
Sun Summit Minerals (TSXV: SMN) (OTCQB: SMREF) is a mineral exploration company focused on expansion and discovery of district scale gold and copper assets in British Columbia. The Company's diverse portfolio includes the JD Project in the Toodoggone region of north-central B.C., and the Buck Project in central B.C.
Further details are available at www.sunsummitminerals.com.
Link to Figures
On behalf of the board of directors
Brian Lock
For further information, contact:
Sharyn Alexander
President
info@sunsummitminerals.com
Matthew Benedetto
Simone Capital
mbenedetto@simonecapital.ca
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. In addition, the forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate, that the management's assumptions may not be correct and that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements. Generally forward-looking statements can be identified by the use of terminology such as "anticipate", "will", "expect", "may", "continue", "could", "estimate", "forecast", "plan", "potential" and similar expressions. Forward-looking statements contained in this press release may include, but are not limited to, potential mineralization, exploration plans, and engagement with First Nations communities. These forward-looking statements are based on a number of assumptions which may prove to be incorrect which, 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. The forward-looking statements contained in this press release are made as of the date hereof or the dates specifically referenced in this press release, where applicable. 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. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) 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/218184
FAQ
What is the main focus of Sun Summit's inaugural drill program at the JD Project?
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What complementary exploration activities is Sun Summit (SMREF) conducting at the JD Project?
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