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Bullboard - Stock Discussion Forum 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)... see more

TSXV:SMN - Post Discussion

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Post by Mesobroke on Mar 23, 2021 10:13am

News

So I'm a little new to these reports . Just wondering what if any is the minimum of grams per ton makes a program viable. I'm thinking this is a good one . Any input or pages I can find the info . Thanks and GLTA
Comment by askretka on Mar 23, 2021 10:59am
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 ...more  
Comment by Mesobroke on Mar 23, 2021 11:26am
perfect , thanks all the info I can get helps with understanding it all
Comment by Goaweigh on Mar 23, 2021 11:08am
So many variables come into play. Location, elevation, size, it's goes on and on. GT Gold which is actually more copper than it is gold is a large deposit , 250 + Million tons and it grades less than 1 gram equivalent or around $ 40 per ton, overall. I haven't bothered to analyse the possibility of a higher grade core which would be mined first to pay back Capex. Our location is much ...more  
Comment by Mesobroke on Mar 23, 2021 11:30am
Thanks folks this all helps and quite surprising most boards aren't so helpful . Thanks again looks like I got some reading to do . GLTA
Comment by Goaweigh on Mar 23, 2021 12:22pm
If we aren't helpful who are we going to sell our stock to ? LOL Check out the presentation, pages 8,9,10 provide a good look.
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