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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

Comment by Goldnboy1on Jan 15, 2020 9:07am
178 Views
Post# 30554726

RE:RE:Pay attention

RE:RE:Pay attention

Sorry. It was not an interview. It was a presentation done November 14. That was posted to YouTube December 3. 


When SR gets to the cross section slide. He discusses the drill locations at the time. He states two drills are positioned on the next to fences north. One is coming for the south end to be ready to drill within the week. Aka by last week of Nov. 

We know from Kaiser. Drills were "up the hill" and advisors were not allowed to go up there when they were on the site tour. That tour was in the fall prior to drill three arrival I believe. 

Go to ceo.ca if you want to see a good post. There is a discussion occurring there. That if the deposit continues north to the next creek (1750m creek to creek). That a good chunk of this deposit could be near surface on the north decline/valley of the mountain. Which is entirely virgin and untested. The theory is as you get into the valley. The drills should have less overburden to get to the deposit. All theory of course. But the Glover porphyry does extend beyond the far creek. So it's not as farfetched as one would think. 


Could you imagine if they keep hitting 1000-1500m away from 421 strike? If we achieve this, 30+ million tons is well within our grasp. 

If we get about a 4 gram per ton au eq grade. With assay 32 million tons. That's 4.1 million ounces of gold. Easily a major takeout candidate. Given the high grades, low risk and long life of a potential mine of this size.

https://youtu.be/s60bcRIFS10

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