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Sun Summit Minerals Corp. V.SMN

Alternate Symbol(s):  SMREF

Sun Summit Minerals Corp. is a mineral exploration company focused on expansion and discovery of district scale gold and copper assets in British Columbia (BC). The Company's diverse portfolio includes the Buck Project in central BC, and the JD Project in the Toodoggone region of north-central BC. The Buck Project is a 52,000-hectare (ha) tenure package, located approximately 10 kilometers (km) south of the town of Houston, 60 km southeast of the Smithers airport and is located west of the past producing Equity Silver Mine (Newmont) and north of the Huckleberry copper mine (Imperial Metals). The JD Project is located in the Toodoggone gold-copper district in north-central BC., a highly prospective, deposit-rich metallogenic belt. The 15,000 ha/150 square kilometers tenure package is located about 450 km northwest of the City of Prince George, and 25 km north of the Sturdee gravel airstrip. The JD Project is characterized by both high-grade epithermal gold and silver mineralization.


TSXV:SMN - Post by User

Comment by askretkaon Mar 23, 2021 10:59am
98 Views
Post# 32857826

RE:News

RE:News
Usually these days a gram per ton gold is considered good. In this case we have gold and silver so you will probably see gold equivalent numbers in report. That combines gold and silver and comes up with a gold eq. Or equivalent number. If you do a search for " Blackwater gold project you may be able to see some old drill results. That project was sold to Newgold for 550 million at much lower gold and silver prices. Gold and silver prices also are important as are projects location to infrastructure and whether or not the property can be accessed year round for drilling. In this case we are very close to a highway and it can be accessed year-round which is a plus. Also search for Newgold and Artemis Gold. Artemis gold is now the owner of the Blackwater project. We're a long way from defining that kind of project but the geology is similar and the area they have staked is big. Cheers! Hope this helps.
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