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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

Post by oasisclub2001on Jan 05, 2022 7:38pm
259 Views
Post# 34287453

First Reporting from Sun Summit's autumn drill phase

First Reporting from Sun Summit's autumn drill phase Eric Coffin writes: - To no one's surprise, Sun Summit released the first set of results from the latest drill phase at Buck.  I would categorize this as a "more of the same" set of drill holes.  That's fine, but it has generated a bit of selling from traders betting on a boomer drill hole flip that has not materialized.   Fair enough, but the important take away for me is that SMN now has a coherent model and a set of holes, and holes to come, that are revealing a contiguous set of gold mineralized zones that clearly have large scale potential.  It is also important to understand that the zones are still open in all directions and that there is a lot of target at Buck that needs to be tested. Management is clearly very pleased with what they are seeing and plans to be far more aggressive exploring Buck this year.  I think Buck can be large and have been accumulating more SMN this morning.  I think it is a buy today.
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