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Sun Metals Corp. V.SUNM

Sun Metals Corp is an exploration stage company with its principal focus on the exploration of the Stardust Project located in British Columbia, Canada. The company operates in one operating segment namely mineral exploration in Canada.


TSXV:SUNM - Post by User

Post by nopooon Jun 21, 2019 11:24pm
177 Views
Post# 29851955

It's both

It's bothDrill hole DDH18-SD-421 returned a 100.00 metre interval of 2.51% copper, 3.03 grams per tonne (g/t) gold, and 52.5 g/t silver for a 4.99% copper equivalent.

Using todays prices:

Copper value = US$149.41
Gold value = US$136.39
Silver value = US$25.86
------------------------------------
Total value = US$311.55/ Cdn$412.46

Two months ago it was, and rightly so, a copper play with precious metal by-product credits. Today, and rightly so, its a gold mine w/ silver/ copper by-product credits.

ttfn
nopoo
I own shares of SUNM
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