Craig

Vancouver, B.C. November 3rd, 2021: Sun Summit Minerals Corp. (TSX-V: SMN; OTCQB: SMREF) (“Sun Summit” or the “Company”) is pleased to provide a corporate update and inform shareholders on drilling progress at its 100% controlled Buck Property, central British Columbia. Two drill rigs are currently operating on site.

Highlights

• Strengthens executive team by appointment of Sharyn Alexander to the position of President: Ms. Alexander brings a wealth of experience in mineral exploration including most recently Vice President Technical Services for Sun Summit.

• Systematically testing the lateral and vertical extent of high-grade gold mineralization: Twenty holes have been drilled so far in the Trench Zone targeting vein-hosted high-grade gold mineralization (e.g., 31.6 grams per tonne (g/t) gold over 4.0 metres including 246 g/t gold over 0.5 metres; BK21-020, see news release dated May 11th, 2021).

• Expanding the footprint of near-surface, bulk tonnage-style gold mineralization: Eight holes have been drilled so far in the Horseshoe and Trench zones stepping-out from known zones of near-surface, bulk tonnage-style gold mineralization (e.g., 1.07 g/t gold over 109 metres including 7.17 g/t gold over 5.2 metres; BK21-017, see news release dated May 11th, 2021).

• Assay and geochemical analyses underway: Core samples from 15 holes have been sent to the lab for assay with additional core shipments being sent bi-weekly.

“We are very pleased to appoint Ms. Alexander to co-lead our executive team,” Bob Willis, Sun Summit’s CEO, stated. “Over the past few years, she has been instrumental in her role as Vice-President, Technical Services in facilitating and managing numerous aspects of our corporate and exploration activities. I look forward to working closely with her as our company continues to systematically advance the Buck Property while maintaining the Company’s standards and best practices.”

Sharyn Alexander, Sun Summit’s President, commented, “I am very excited to take on new challenges and lead the company through a very exciting time of growth and discovery. We are aggressively drilling at Buck with two rigs and the program is moving along as planned. I look forward to continuing to closely work with the executive team on the implementation of various strategic initiatives with the goal of delivering additional exploration success.”

Drill Program

The current drill program has three primary objectives (see news release dated October 13th, 2021), 1) investigate the extent and continuity of high-grade gold mineralization characteristic of the Trench Zone, 2) investigate the strike-extent of near surface, bulk-tonnage gold mineralization characteristic of the Horseshoe Zone, and 3) investigate the limits of the mineralized hydrothermal footprint. All three objectives are being systematically addressed with two diamond drill rigs and a team of experienced exploration geologists continuously evaluating and amending the exploration model.

Over 10,000 metres were initially planned to be drilled within a footprint of approximately 600 metres by 300 metres (see news release dated September 28th, 2021). Twenty-eight holes totalling over 8,000 metres have been completed so far. Based on encouraging visual observations from numerous holes, multiple new holes are being planned.

Intervals of pervasive silica and sericite alteration peripheral to quartz-feldspar porphyritic dykes with associated quartz-sulfide veinlets and stockworks have been observed in multiple holes in the Trench Zone. These prospective zones are hosted in fine grained sedimentary and intermediate volcaniclastic rocks. The contact of these bedded rocks with thick sequences of poorly-sorted and chaotic dacitic lapilli tuffs is interpreted to be a partial control on the distribution of gold-bearing, sphalerite-rich sulfide-cemented breccias of the Horseshoe Zone. This interpreted structural contact has been modelled to be northwest trending. Additional drilling is planned to test along this trend between the Trench and Horseshoe zones with the aim of expanding zones of near-surface mineralization while investigating the relationships between the two mineralization styles.

Core samples are being dispatched from the Company’s core logging facility in Houston, B.C. to ALS Global preparation facilities in Kamloops, Langley and North Vancouver, B.C. Samples from the first 14 holes are in the lab, and more are anticipated to arrive in the coming days.

Sharyn Alexander

Ms. Alexander is a geologist with over 15 years of experience in mineral exploration and mining. She has worked with a number of companies such as B2Gold, Barrick (Australia), and SRK Consulting. Her diversified skillset includes project management, business development, strategic planning, relationship building, social responsibility, investor relations, and marketing. Ms. Alexander earned her Bachelor of Science (Geology) from McMaster University, her Masters of Science (Geology) from the University of Toronto, and she holds an Advanced Diploma in GIS from BCIT.

Buck Property

The ~33,000 hectare property is located approximately 12 kilometres south of Houston, British Columbia, has excellent nearby infrastructure and allows for year-round road-accessible exploration.

National Instrument 43-101 Disclosure

This news release has been approved by Sun Summit’s CEO, Robert D. Willis, P. Eng. a “Qualified Person” as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. He has also verified the data disclosed, including sampling, analytical and test data, underlying the technical information in this news release.

Community Engagement

Sun Summit is engaging with First Nations on whose territory the Buck Property is located and is discussing their interests and identifying contract and work opportunities, as well as opportunities to support community initiatives. The Company looks forward to continuing to work with local and regional First Nations as the project continues.

Health and Safety

The Company’s exploration programs are being carried out in full compliance with federal, provincial, and municipal guidelines established in response to the global COVID-19 pandemic. Sun Summit has a rigorous infection prevention and control protocol in place to protect the health of employees and contractors, as well as surrounding communities in which the Company works.

About Sun Summit

Sun Summit Minerals is an exploration company focused on expanding its epithermal gold discovery at its flagship Buck Project located in north-central British Columbia.

The Company is exploring multiple high priority gold and silver targets through methodical, well-funded exploration campaigns with year round drilling access. The Project has high-grade and bulk-tonnage gold and silver potential and is located in a mining-established region that includes many former operating mines and current exploration projects.

Sun Summit is committed to environmental and social responsibility with a focus on responsible development to generate positive outcomes for all stakeholders.

Further details are available at www.sunsummitminerals.com

For further information, contact:

Sharyn Alexander, M.Sc.
President

Nancy Curry
Corporate Communications

info@sunsummitminerals.com

Tel. 778-588-9606

Forward Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include: risks inherent in exploration activities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through private or public equity financings; environmental and safety risks including increased regulatory burdens; unexpected geological or hydrological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. Except as required by applicable securities laws and regulation, Sun Summit Minerals Corp. (SMN) disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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Vancouver, B.C. October 13th, 2021: Sun Summit Minerals Corp. (TSX-V: SMN; OTCQB: SMREF) (“Sun Summit” or the “Company”) is pleased to provide an update from its fall 2021 phase of drilling at its 100% controlled Buck Property, central British Columbia. Two drill rigs are currently operating on site.

Highlights

• Build on high-grade gold discovery: One drill rig is focused on high-grade gold mineralization in the Trench Zone (e.g., 31.6 grams per tonne (g/t) gold over 4.0 metres including 246 g/t gold over 0.5 metres; BK21-020, see SMN news release dated May 11th, 2021). Nine holes have been completed so far, testing the target area by systematically stepping-out from previously reported significant intervals.

• Expand footprint of near-surface, bulk tonnage-style gold mineralization in the Horseshoe Zone and parts of the Trench Zone: One rig is stepping-out from known zones of near-surface, bulk tonnage-style gold mineralization (e.g., 1.07 g/t gold over 109 metres including 7.17 g/t gold over 5.2 metres; BK21-017, see SMN news release dated May 11th, 2021) and investigating lithological and structural controls on mineralization. Four holes have been completed so far in this area.

• Additional holes planned: Based on encouraging visual observations from numerous drill holes, together with updated modelling of new lithological and structural data, additional drill holes are planned.

• Assay and geochemical analyses underway: Core samples from two holes have been sent to the lab for assay with additional core shipments anticipated to be submitted on a weekly basis.

Bob Willis, Sun Summit’s CEO, stated, “We are very pleased with our drill progress so far. The program is moving along as planned and we are hitting encouraging mineralization in all holes. Our geological team has been amending the drill plan based on new information from current drilling and has been updating the exploration model daily. New drill holes based on the refined model are planned. We eagerly await assay results and plan to update shareholders on a regular basis.”

Drill Program

The current drill program has three primary objectives, 1) investigate the extent and continuity of high-grade gold mineralization characteristic of the Trench Zone, 2) investigate the strike-extent of near surface, bulk-tonnage gold mineralization characteristic of the Horseshoe Zone, and 3) investigate the limits of the mineralized hydrothermal footprint. Over 30 drill holes are planned within a footprint of approximately 600 metres by 300 metres (see SMN news release dated September 28th, 2021). Thirteen drill holes totalling over 3,200 metres have so far been completed, all with northeast oriented azimuths.

Intervals of pervasive silica and sericite alteration peripheral to quartz-feldspar porphyritic dykes with associated quartz-sulfide veinlets and stockworks have been observed in multiple holes in the Trench Zone. These prospective zones are hosted in fine grained sedimentary and intermediate volcaniclastic rocks. The contact of these bedded rocks with thick sequences of poorly-sorted and chaotic dacitic lapilli tuffs is interpreted to be a partial control on the distribution of gold-bearing, sphalerite-rich sulfide-cemented breccias of the Horseshoe Zone. This interpreted structural contact has been modelled to be northwest trending. Additional drilling is planned to test along this trend between the Trench and Horseshoe zones with the aim of expanding zones of near-surface mineralization while investigating the relationships between the two mineralization styles.

Core samples are being dispatched from the Company’s core logging facility in Houston, B.C. to the ALS Global preparation facility in Kamloops, B.C. Samples from the first two holes are in the lab and more are anticipated to arrive in the coming days.

Buck Property

The ~33,000 hectare property is located approximately 12 kilometres south of Houston, British Columbia, has excellent nearby infrastructure and allows for year-round road-accessible exploration.

National Instrument 43-101 Disclosure

This news release has been approved by Sun Summit’s CEO, Robert D. Willis, P. Eng. a “Qualified Person” as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. He has also verified the data disclosed, including sampling, analytical and test data, underlying the technical information in this news release.

Community Engagement

Sun Summit is engaging with First Nations on whose territory the Buck Property is located and is discussing their interests and identifying contract and work opportunities, as well as opportunities to support community initiatives. The Company looks forward to continuing to work with local and regional First Nations as the project continues.

Health and Safety

The Company’s exploration programs are being carried out in full compliance with federal, provincial, and municipal guidelines established in response to the global COVID-19 pandemic. Sun Summit has a rigorous infection prevention and control protocol in place to protect the health of employees and contractors, as well as surrounding communities in which the Company works.

About Sun Summit

Sun Summit Minerals is an exploration company focused on expanding its epithermal gold discovery at its flagship Buck Project located in north-central British Columbia.

The Company is exploring multiple high priority gold and silver targets through methodical, well-funded exploration campaigns with year round drilling access. The Project has high-grade and bulk-tonnage gold and silver potential and is located in a mining-established region that includes many former operating mines and current exploration projects.

Sun Summit is committed to environmental and social responsibility with a focus on responsible development to generate positive outcomes for all stakeholders.

Further details are available at www.sunsummitminerals.com

For further information, contact:

Sharyn Alexander, M.Sc.
VP Technical Services

Nancy Curry
Corporate Communications

info@sunsummitminerals.com

Tel. 778-588-9606

Forward Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include: risks inherent in exploration activities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through private or public equity financings; environmental and safety risks including increased regulatory burdens; unexpected geological or hydrological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. Except as required by applicable securities laws and regulation, Sun Summit Minerals Corp. (SMN) disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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Vancouver, B.C. September 28th, 2021: Sun Summit Minerals Corp. (TSX-V: SMN; OTCQB: SMREF) (“Sun Summit” or the “Company”) is pleased to announce that it has commenced a new phase of drilling at its 100% controlled Buck Property, central British Columbia. Two drill rigs are currently on site, and another rig may be added later, dependent on availability.

Highlights

• Build on high-grade gold discovery: Sun Summit will systematically investigate the structural controls and spatial distribution of high-grade gold intersected in multiple holes in early 2021, stepping out around the Trench Zone area (e.g., 31.6 grams per tonne (g/t) gold over 4.0 metres including 246 g/t gold over 0.5 metres; BK21-020, see SMN news release dated May 11th, 2021).

• Expand footprint of near-surface, bulk tonnage-style gold: Sun Summit will also focus on delineating and expanding the size and trend of bulk tonnage-style gold mineralization intersected in numerous holes in 2020 and early 2021 in the Horseshoe Zone area (e.g., 1.07 g/t gold over 109 metres including 7.17 g/t gold over 5.2 metres; BK21-017, see SMN news release dated May 11th, 2021).

• Over 30 drill holes are planned in this initial phase of drilling: Two diamond drill rigs are on site; one initially focused on the Trench Zone and one initially focused on the Horseshoe Zone.

• Test new targets: Numerous additional targets within and outside of the open-ended, 900 metre by 950 metre mineralized system (see SMN news release dated July 6th, 2021) will also be tested. Holes drilled in these targets will be in addition to the 30 plus holes to be drilled in the Trench and Horseshoe zones.

Bob Willis, Sun Summit’s CEO, stated,

“We are excited to commence this significant phase of drilling at our Buck property. Based on encouraging results from earlier this year we have gained considerable insight into property-scale structural controls on widespread gold and silver mineralization at Buck.

“This next phase of drilling will test these new structural models by focusing on local controls considered to be important for the distribution of high-grade gold mineralization. We have designed a series of drill holes to systematically test the extent and potential of the Trench and Horseshoe zones. These holes, as well as possible wider step-out holes, could exceed 12,000 metres of drilling. This drill phase is open ended and can be expanded based on ongoing results.”

Drill Program

Over 30 drill holes are planned within a footprint of approximately 600 metres by 300 metres. The drill program has three primary objectives:

1. Investigate the extent and continuity of high-grade gold mineralization characteristic of the Trench Zone. All previous Trench Zone holes (e.g., 31.6 g/t gold over 4.0 metres including 246 g/t gold over 0.5 metres; BK21-020, see SMN news release dated May 11th, 2021) were designed based on results from discovery hole BK20-012 (5.86 g/t gold over 17 metres including 23.05 g/t gold over 3.0 metres; see SMN news release dated January 5th, 2021). Updated modelling has defined broad northwest trends to high-grade gold mineralization within the target area. New drill holes, all with northeast oriented azimuths, are designed to systematically test these trends for continuity of mineralization. Tightly-spaced step-out holes peripheral to areas of known mineralization together with wider-spaced step-out holes along and across trends will be completed. Twenty four drill holes are initially designed for the Trench Zone.

2. Investigate the strike-extent of near surface, bulk-tonnage gold mineralization characteristic of the Horseshoe Zone. All previous holes in the Horseshoe Zone hit near-continuous, broad zones of breccia-hosted and disseminated gold mineralization (e.g., 1.13 g/t gold equivalent over 87 metres within 0.52 g/t gold equivalent over 409 metres; BK21-033; see SMN news release dated July 6th, 2021). The zones are unconstrained, and modelling suggests further drilling is warranted to define the extent of bulk-tonnage mineralization. All new drill holes are designed to test the extent of, and the structural relationship between the two key styles of gold mineralization observed within the Horseshoe Zone, being (1) sphalerite-rich sulfide-cemented hydrothermal ‘mosaic’ breccias (e.g., 1.04 g/t gold over 46 metres including 3.76 g/t gold over 5.7 metres; BK20-006; see SMN news release dated January 5th, 2021) and, (2) disseminated throughout volcanic breccias (e.g., 0.58 g/t gold over 127.2 metres; BK20-001; see SMN news release dated May 12th, 2020). Seven holes are initially planned in the Horseshoe Zone.

3. Investigate the limits of the mineralized hydrothermal footprint. Epithermal-related alteration and mineralization has been intersected in drill holes covering a footprint of approximately 900 metres by 950 metres, including below post-mineralization basalts (see SMN news release dated July 6th, 2021). The true extent of this footprint is unknown. Additional holes are designed to explore for new mineralized centres within, and outside of the known footprint.

Exploration update

Property-wide exploration is ongoing (see SMN news release dated August 4th, 2021). Numerous soil-geochemical grids and long property-scale soil transects have been completed totalling over 2,600 samples. Over 220 systematic rock-chip samples have also been collected from newly identified areas of widespread hydrothermal alteration as well as targets identified from a thorough compilation of all available historic exploration data. Soil and rock samples are currently in the lab and results will be released once all data are received and have been interpreted. Management believes this work will yield additional priority drill targets outside the Trench-Horseshoe area.

Buck Property

The ~33,000 hectare property is located approximately 12 kilometres south of Houston, British Columbia, has excellent nearby infrastructure and allows for year-round road-accessible exploration.

National Instrument 43-101 Disclosure

This news release has been approved by Sun Summit’s CEO, Robert D. Willis, P. Eng. a “Qualified Person” as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. He has also verified the data disclosed, including sampling, analytical and test data, underlying the technical information in this news release.

Community Engagement

Sun Summit is engaging with First Nations on whose territory the Buck Property is located and is discussing their interests and identifying contract and work opportunities, as well as opportunities to support community initiatives. The Company looks forward to continuing to work with local and regional First Nations as the project continues.

Health and Safety

The Company’s exploration programs are being carried out in full compliance with federal, provincial, and municipal guidelines established in response to the global COVID-19 pandemic. Sun Summit has a rigorous infection prevention and control protocol in place to protect the health of employees and contractors, as well as surrounding communities in which the Company works.

About Sun Summit

Sun Summit Minerals is an exploration company focused on expanding its epithermal gold discovery at its flagship Buck Project located in north-central British Columbia.

The Company is exploring multiple high priority gold and silver targets through methodical, well-funded exploration campaigns with year round drilling access. The Project has high-grade and bulk-tonnage gold and silver potential and is located in a mining-established region that includes many former operating mines and current exploration projects.

Sun Summit is committed to environmental and social responsibility with a focus on responsible development to generate positive outcomes for all stakeholders.

Further details are available at www.sunsummitminerals.com

For further information, contact:

Sharyn Alexander, M.Sc.
VP Technical Services

Nancy Curry
Corporate Communications

info@sunsummitminerals.com

Tel. 778-588-9606

Forward Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include: risks inherent in exploration activities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through private or public equity financings; environmental and safety risks including increased regulatory burdens; unexpected geological or hydrological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. Except as required by applicable securities laws and regulation, Sun Summit Minerals Corp. (SMN) disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

View News Release in PDF Format

Vancouver, B.C. August 4th, 2021: Sun Summit Minerals Corp. (TSX-V: SMN; OTCQB: SMREF) is pleased to provide an update from its current property-wide exploration program across its 100% optioned Buck Property, central British Columbia.

Highlights

• Over 200 rock samples and over 2,000 soil samples have been collected to date across the 33,000 hectare property.

• Geological mapping and prospecting have outlined numerous areas of previously unrecognized pervasive hydrothermal alteration. These areas are being systematically evaluated.

• The team is completing a comprehensive geological modelling and drill hole targeting initiative based on data from the recently completed 18 drill hole program.

• Planning for a multi-rig drill program at Buck is underway, anticipated to commence later this summer.

• Company is fully funded for drilling by the recent $5 million dollar flow-through financing (see SMN news released dated July 29th, 2021).

Bob Willis, Sun Summit’s CEO, commented:

“We are very pleased with the progress of our property-wide exploration program this year. Our technical team has systematically evaluated many key areas across the prospective belt of rocks that transect the Buck property. This work has outlined numerous areas of significant alteration that warrant follow-up. Exploration is ongoing, and results will be released once assays from rock and soil samples are returned from the lab.

“We are also currently modelling all available drill data. These updated models will be used to strategically plan our upcoming multi-drill rig program. Details are being finalised, it is expected that drilling will be focused on defining the extent of high-grade and bulk tonnage-style gold zones, and also on peripheral areas where the system remains open.

“We look forward to updating all our shareholders with program details once plans are set and targets are prioritised.”

Exploration Program

The focus of the 2021 summer exploration program is on the approximately 24 kilometre long, northwest-trending, fault-bound belt of Late Cretaceous Kasalka Group volcanic and volcaniclastic rocks, host to epithermal-related mineralization at the Trench and Horseshoe targets (see SMN news release dated May 26th, 2021).

Over 200 rock samples have been collected so far across the property, and over 2,000 soils samples have been collected along property-wide transects and on focused tightly-spaced sample grids. Many of the soil grids were designed to follow up numerous zones of strong hydrothermal alteration locally observed in out-crop, sub-crop and float. Many of these zones were exposed due to recent logging and have been thoroughly investigated with more groundwork planned. Key targets previously identified based on a thorough compilation of all available historic exploration data (e.g., IRK target) have been evaluated and follow-up work is planned.

Modelling and Drill Planning

The Company is planning a significant, multi-rig drill program set to commence this September. The program is anticipated to comprise step-out holes from areas of high-grade mineralization as well as additional drilling in areas of open-ended, near-surface breccia-hosted, bulk tonnage-style mineralization.

The Company is currently finishing an updated geological and exploration model based on all new drill data from the recently completed 18 hole drill program (see SMN news releases dated May 11th, 2021, June 10th, 2021, and July 6th, 2021). The early 2021 drill program outlined significant zones of previously unrecognised high-grade gold mineralization in the Trench zone (e.g., 31.6 g/t gold over 4 metres including 246 g/t gold over 0.5 metres; BK21-020). A focus of the comprehensive modelling is on defining orientations and structural controls on these high-grade zones. Lithological and structural controls on near-surface, bulk tonnage-style gold mineralization (e.g., 186 metres of 0.78 g/t gold including 109 metres of 1.07 g/t gold) are also being modelled. These models will be used to plan numerous drill holes to test the extents and continuity of gold mineralization within both styles.

National Instrument 43-101 Disclosure

This news release has been approved by Sun Summit’s CEO, Robert D. Willis, P. Eng. a “Qualified Person” as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. He has also verified the data disclosed, including sampling, analytical and test data, underlying the technical information in this news release.

Community Engagement

Sun Summit is engaging with First Nations on whose territory the Buck Property is located and is discussing their interests and identifying contract and work opportunities, as well as opportunities to support community initiatives. The Company looks forward to continuing to work with local and regional First Nations as the project continues.

Health and Safety

The Company’s exploration programs are being carried out in full compliance with federal, provincial, and municipal guidelines established in response to the global COVID-19 pandemic. Sun Summit has a rigorous infection prevention and control protocol in place to protect the health of employees and contractors, as well as surrounding communities in which the Company works.

Buck Property

The recently expanded 33,000-hectare property, approximately 12 kilometres south of Houston, British Columbia, has excellent nearby infrastructure and allows for year-round road-accessible exploration.

About Sun Summit

Sun Summit Minerals is an exploration company focused on expanding its epithermal gold discovery at its flagship Buck Project located in north-central British Columbia.

The Company is exploring multiple high priority gold and silver targets through methodical, well-funded exploration campaigns with year round drilling access. The Project has high-grade and bulk-tonnage gold and silver potential and is located in a mining-established region that includes many former operating mines and current exploration projects.

Sun Summit is committed to environmental and social responsibility with a focus on responsible development to generate positive outcomes for all stakeholders.

Further details are available at www.sunsummitminerals.com

For further information, contact:

Sharyn Alexander, M.Sc.
VP Technical Services

Nancy Curry
Corporate Communications

info@sunsummitminerals.com

Tel. 778-588-9606

Forward Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include: risks inherent in exploration activities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through private or public equity financings; environmental and safety risks including increased regulatory burdens; unexpected geological or hydrological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. Except as required by applicable securities laws and regulation, Sun Summit Minerals Corp. disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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Vancouver, British Columbia – July 29, 2021: Sun Summit Minerals Corp. (TSXV: SMN and OTCQB: SMREF) (“Sun Summit” or the “Company”) is pleased to announce that it has closed its previously announced brokered private placement for gross proceeds of C$ 4,000,000 (the “Offering”). Due to strong demand, the co-lead agents and joint bookrunners, Red Cloud Securities Inc. and Eventus Capital Corp. (collectively, the “Agents”), fully exercised their option to increase the total gross proceeds of the Offering to C$5,000,000.

Under the Offering, the Company sold 4,217,607 flow-through units (the “FT Units”) at a price of C$0.66 per FT Unit and 2,736,271 flow-through units to charitable purchasers (the “Charity FT Units”) at a price of C$0.81 per Charity FT Unit.

Each FT Unit and Charity FT Unit consisted of one common share of the Company issued as a “flow-through share” under the Income Tax Act (Canada) (each, a “FT Share”) and one-half of one common share purchase warrant, Each whole warrant (a “Warrant”) entitles the holder to purchase one (non-flow-through) common share of the Company (each, a “Warrant Share”) at a price of C$0.90 until July 31, 2023. The FT Shares and Warrant Shares have a hold period ending on November 30, 2021.

The Company intends to use the proceeds raised from the Offering for the exploration of the Company’s Buck Property and other Canadian properties it may acquire. The gross proceeds from the issuance of the FT Shares will be used for “Canadian Exploration Expenses” under the Income Tax Act (Canada) (the “Qualifying Expenditures”), which will be renounced with an effective date no later than December 31, 2021 to the purchasers of the FT Units and Charity FT Units in an aggregate amount not less than the gross proceeds raised from the issue of the FT Shares. If the Qualifying Expenditures are reduced by the Canada Revenue Agency, the Company will indemnify each purchaser of FT Units and Charity FT Units for any additional taxes payable by such purchaser as a result of the Company’s failure to renounce the Qualifying Expenditures.

Under the Offering, the Company paid the Agents total cash commissions of C$ 269,629 and issued to the Agents 371,036 warrants to purchase common shares of the Company (the “Broker Warrants”) of which 207,838 Broker Warrants have an exercise price of C$ 0.66 per Warrant Share and 163,198 Broker Warrants have an exercise price of C$ 0.81 per Warrant Share. Each Broker Warrant is exercisable to acquire one Warrant Share until July 29, 2023.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

About Sun Summit

Sun Summit Minerals is an exploration company focused on expanding its epithermal gold discovery at its flagship Buck Project located in north-central British Columbia.

The Company is exploring multiple high priority gold and silver targets through methodical, well-funded exploration campaigns with year round drilling access. The Project has high-grade and bulk-tonnage gold and silver potential and is located in a mining-established region that includes many former operating mines and current exploration projects.

Sun Summit is committed to environmental and social responsibility with a focus on responsible development to generate positive outcomes for all stakeholders.

Further details are available at www.sunsummitminerals.com.

For further information, contact:

Sharyn Alexander, M.Sc.
VP Technical Services

Nancy Curry
Corporate Communications

info@sunsummitminerals.com

Tel. 778-588-9606

Forward Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include: risks inherent in exploration activities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through private or public equity financings; imprecision in resource and reserve estimates; environmental and safety risks including increased regulatory burdens; unexpected geological or hydrological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. Except as required by applicable securities laws and regulation, Sun Summit Minerals Corp. (SMN) disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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Vancouver, B.C. July 23 2021: Sun Summit Minerals Corp. (TSX-V: SMN; OTCQB: SMREF) (“Sun Summit” or the “Company”) is pleased to announce that its common shares were approved today for trading on OTC Markets Group Inc.’s OTCQB® Venture Market (“OTCQB”) for early-stage and developing U.S. and international companies.

Robert Willis, CEO, commented, “Our OTCQB listing is an important milestone for the Company and provides increased access and visibility to prospective U.S. investors. This listing should help promote greater liquidity and simplify transactions for U.S. based investors to enable them to participate directly in our Company as we advance our Buck gold discovery.”

OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities. To be eligible for quotation on the OTCQB, companies must be current in their reporting and undergo an annual verification and management certification process. Companies must also meet a minimum bid price test and other financial conditions. OTCQB is recognized by the U.S. Securities and Exchange Commission (“SEC”) as an established public market for the purpose of determining the public market price when registering securities for resale with the SEC, and it provides current public information to investors that need to analyze, value, and trade securities.

Investors can find real-time quotes and market information for the Company on: https://www.otcmarkets.com/stock/SMREF/overview

About Sun Summit

Sun Summit Minerals is an exploration company focused on expanding its epithermal gold discovery at their flagship Buck Project located in north-central British Columbia.

The Company is exploring multiple high priority gold and silver targets through methodical, well funded exploration campaigns with year round drilling access. The property has high-grade and bulk-tonnage gold and silver potential and is located in a mining-established region that includes many former operating mines and current exploration projects.

Sun Summit is committed to environmental and social responsibility with a focus on responsible development to generate positive outcomes for all stakeholders.

Further details are available at www.sunsummitminerals.com.

For further information, contact:
Sharyn Alexander, M.Sc.
VP Technical Services

Nancy Curry
Corporate Communications

info@sunsummitminerals.com

Tel. 778-588-9606

Forward Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include: risks inherent in exploration activities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through private or public equity financings; environmental and safety risks including increased regulatory burdens; unexpected geological or hydrological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. Except as required by applicable securities laws and regulation, Sun Summit Minerals Corp. disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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Vancouver, B.C. July 6, 2021: Sun Summit Minerals Inc. (TSX-V: SMN; OTC: SMREF) (“Sun Summit” or the “Company”) is pleased to report the final assay results from the first phase of its 2021 exploration program on its Buck Property, central British Columbia.

Highlights

Long intervals of continuous gold mineralization cut in BK21-033 (Horseshoe zone):

• 87 metres of 1.13 grams per tonne (g/t) gold equivalent (AuEQ) within 265 metres of 0.66 g/t AuEQ and 409 metres of 0.52 g/t AuEQ.

• 409 metre interval starts at six metres down hole and represents the longest zone of continuous gold mineralization intersected on the property.

• BK21-033 together with previously reported BK21-017 (241 metres of 0.77 g/t AuEQ, including 109 metres of 1.15 g/t AuEQ; May 11^th, 2021 News Release) and BK21-032 (187 metres of 0.73 g/t AuEQ including 54.0 metres of 1.19 g/t AuEQ and a lower interval of 59.1 metres of 0.95 g/t AuEQ; June 10^th, 2021 News Release) demonstrate significant bulk-tonnage gold potential of the northern-extent of the Horseshoe zone.

• Based on 2020 and 2021 drilling, the mineralized system at Buck is at least 950 metres east-west by 900 metres north-south, with limits not yet defined.

Note: Intervals are downhole core lengths. True widths are unknown. AuEQ based on a 65:1 silver to gold ratio.

Bob Willis, Sun Summit’s CEO, commented:

Sun Summit has drilled 18 holes so far in 2021. Results from the first five holes were announced on May 11^th, 2021 and results from six additional holes were announced on June 10^th, 2021. Results from the final seven holes are reported in this news release (Tables 1, 2 and 3).

Horseshoe Zone:

Drill hole BK21-033 was designed to test the lateral and depth extent of significant mineralization intersected in holes BK21-017 and BK21-018 (see SMN news release dated May 11^th, 2021). Based on modelling of results from BK21-017 and BK21-018, BK21-033 was collared on the same pad as BK21-017 but drilled at a shallower dip and to the east. The hole cut long intervals of breccia-hosted, sphalerite-associated, bulk tonnage-style gold mineralization highlighted by 409 metres of 0.52 g/t AuEQ (211 AuEQ gram*metres) including 265 metres of 0.66 g/t AuEQ and 87 metres of 1.13 g/t AuEQ. The nature of gold-associated with zinc mineralization is similar to BK21-017 and BK21-032 – the 409 metre interval also returned 0.57% zinc.

Using the same interval calculation parameters as BK21-033 (i.e., 0.10 g/t AuEQ cut-off), BK21-017, when recalculated, intersected 241 metres of 0.77 g/t AuEQ (186 AuEQ gram*metres) including 109 metres of 1.15 g/t AuEQ (see SMN news release dated May 11^th, 2021) and BK21-032, when recalculated, intersected 187 metres of 0.73 g/t AuEQ (137 AuEQ gram*metres) with 54.0 metres of 1.19 g/t AuEQ and a lower interval of 59.1 metres of 0.95 g/t AuEQ (see SMN news release dated June 10^th, 2021). These long intervals of high gram*metres demonstrate the significant near surface, bulk-tonnage potential of the Horseshoe zone. These new data integrated with the Company’s exploration model, suggests that significant additional drilling is warranted to define the extent and trend of the broad mineralized zones.

Table 1. Assay results – Horseshoe Zone

1. Previously reported intercept (May 11^th and June 10^th, 2021)
2. AuEQ (gold equivalent) based on a 65:1 silver to gold (Ag:Au) ratio.
3. Calculations are uncut and length-weighted using a 0.10 g/t gold equivalent cutoff.
4. Intervals are downhole core lengths. True widths are unknown.

Step-out holes:

Sun Summit drilled three widely-spaced step-out holes (BK21-030, 031 and 034):

• BK21-031 collared through over 160 metres of post-mineralization, Eocene aged basalts and bottomed in the same package of dacitic volcanic rocks, breccias, and quartz-feldspar porphyries as the core of the Horseshoe zone, centered 400 metres to the northwest. BK21-031 intersected pervasive hydrothermal-related alteration (quartz + sericite + pyrite) and yielded multiple long intervals of gold mineralization over the 167 metres of drilled Horseshoe-affinity volcanic rocks and intrusive dykes (Table 2). Additional drilling in this new area (Buck SE), is clearly warranted to further test the extent of epithermal-related mineralization and to target higher-grade zones, known to lie peripheral to the styles of alteration and mineralization observed in BK21-031 (e.g., BK21-033).

• BK21-034 collared over 700 metres northwest of BK21-033 (BK20-012, BK21-017) and targeted a northwest trending magnetic-low geophysical anomaly. The hole intersected a thick sequence of variably altered, andesitic volcanic and volcaniclastic rocks cut by local quartz-feldspar porphyritic dykes and a high-grade, base metal-rich, silver-bearing banded quartz vein. The vein returned an intercept of 1.3 metres of 329 g/t silver with 0.50 g/t gold, 1.40% zinc and 2.96% lead (Table 2).

• BK21-030, collared 200 metres southwest of BK21-033 (Figure 1), was drilled to the southwest to test a new area at depth previously undrilled. The hole cut numerous intervals of bulk tonnage-style gold mineralization (Table 2) and demonstrates a southern continuation of prospective Horseshoe-style breccias.

Table 2. Assay Results – Step-outs

1. AuEQ (gold equivalent) based on a 65:1 silver to gold (Ag:Au) ratio.
2. Calculations are uncut and length-weighted using a 0.10 g/t gold equivalent cutoff.
3. Intervals are downhole core lengths. True widths are unknown.

Trench Zone:

Drill holes BK21-027, 028 and 029 were collared in the Trench zone and were designed to test the extent of gold mineralization previously discovered in BK20-012 (17.0 metres of 5.89 g/t AuEQ including 3.0 metres of 23.10 g/t AuEQ; see SMN news release dated January 5^th, 2021). Hole BK21-027 was collared on the same pad as BK21-025 (62 metres of 0.85 g/t AuEQ including 19.2 metres of 1.31 g/t AuEQ; see SMN news release dated June 10^th, 2021) but drilled at a shallower angle to the west. Hole BK21-028 was collared 25 metres west of BK21-024 (17.0 metres of 2.97 g/t AuEQ including 1.4 metres of 19.71 g/t AuEQ and 1.4 metres of 14.01 g/t AuEQ; see SMN news release dated June 10^th, 2021) and drilled to the southwest. BK21-029 was collared 180 metres south of BK21-028 and drilled to the northeast.

All three holes cut multiple intervals of broad zones of bulk tonnage-style gold mineralization hosted in pervasively sericite + quartz altered lapilli tuffs, andesites and quartz-feldspar porphyry dykes. Mineralization is predominantly disseminated and veinlet-hosted comprised of pyrite and sphalerite. Assay results from this zone are reported in Table 3.

Table 3. Assay results – Trench zone

1. AuEQ (gold equivalent) based on a 65:1 silver to gold (Ag:Au) ratio.
2. Calculations are uncut and length-weighted using a 0.10 g/t gold equivalent cutoff.
3. Intervals are downhole core lengths. True widths are unknown.

Figure 1. Map showing drill hole locations.

Figure 2. A-A’ Cross section from the Trench to Horseshoe zones showing selected highlights.

Table 4. Drill collar locations

Notes: * NAD 83 Zone 9N

Quality Assurance and Quality Control

All sample assay results have been monitored through the Company’s quality assurance and quality control (QA/QC) program. Drill core was sawn in half at Sun Summit’s core logging and processing facility in Houston, B.C. Half the core was sampled and shipped in sealed and secure bags to the ALS Global preparation facilities in Yellowknife, N.T. Samples were prepared using standard preparation procedures. Following sample preparation, the pulps were sent to the ALS Global analytical laboratory in North Vancouver, B.C., for analysis.

Core samples were analyzed for 48 elements by ICP-MS on a 0.25 gram sample using a four acid digestion (method ME-MS61L or ME-MS61). Gold was analyzed by fire assay on a 30 gram sample with an AAS finish (method Au-AA23). Over limit gold (>10 ppm) was re-analyzed by fire assay using a gravimetric finish on a 30 gram sample. Over limit silver (>100 ppm) was re-analyzed using a four acid digestion and ICP-AES finish. Over limit zinc (>10,000 ppm) and lead (>10,000 ppm) was re-analysed using a four acid digestion and ICP-AES finish. ALS Global is registered to ISO / IEC 17025:2017 accreditations for laboratory procedures.

In addition to ALS Global laboratory QA/QC protocols, Sun Summit implements an internal QA/QC program that includes the insertion of duplicates, standards and blanks into the sample stream.

National Instrument 43-101 Disclosure

This news release has been approved by Sun Summit’s CEO, Robert D. Willis, P. Eng. a “Qualified Person” as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. He has also verified the data disclosed, including sampling, analytical and test data, underlying the technical information in this news release.

Community Engagement

Sun Summit is working to engage with First Nations on whose territory the Buck Property is located, to discuss their interests and identify contract and work opportunities, as well as opportunities to support community initiatives. The Company looks forward to continuing to work with local and regional First Nations as the project continues.

Health and Safety

The Company’s exploration programs are being carried out in full compliance with federal, provincial, and municipal guidelines established in response to the global COVID-19 pandemic. Sun Summit has a rigorous infection prevention and control protocol in place to protect the health of employees and contractors, as well as surrounding communities in which the Company works.

Buck Property

The recently expanded 33,000-hectare property, approximately 12 kilometres south of Houston, British Columbia, has excellent nearby infrastructure and allows for year-round road-accessible exploration.

About Sun Summit

Sun Summit Minerals is an exploration company focused on expanding its epithermal gold discovery at its flagship Buck Project located in north-central British Columbia.

The Company is exploring multiple high priority gold and silver targets through methodical, well-funded exploration campaigns with year round drilling access. The Project has high-grade and bulk-tonnage gold and silver potential and is located in a mining-established region that includes many former operating mines and current exploration projects.

Sun Summit is committed to environmental and social responsibility with a focus on responsible development to generate positive outcomes for all stakeholders.

Further details are available at www.sunsummitminerals.com

Figures

Figure 1

https://sunsummitminerals.com/wp-content/uploads/2021/07/Buck_Fig1_Drilling_July6_NR-v2.jpg

Figure 2

https://sunsummitminerals.com/wp-content/uploads/2021/07/Buck_Fig2_EW_Section_July6_NR-scaled.jpg

For further information, contact:

Sharyn Alexander, M.Sc.
VP Technical Services

Nancy Curry
Corporate Communications

info@sunsummitminerals.com
Tel. 778-588-9606

Forward Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include: risks inherent in exploration activities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through private or public equity financings; environmental and safety risks including increased regulatory burdens; unexpected geological or hydrological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. Except as required by applicable securities laws and regulation, Sun Summit Minerals Corp. disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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Drills 17 metres of 2.97 g/t AuEq and 7.4 metres of 5.84 g/t AuEq
in Hole BK21-024 in the Trench zone, and 54 metres of 1.19 g/t AuEq and
31 metres of 1.46 g/t AuEq in Hole BK21-032 in the Horseshoe zone

Vancouver, B.C. June 10th, 2021: Sun Summit Minerals Inc. (TSX-V: SMN; OTC: SMREF) (“Sun Summit” or the “Company”) is pleased to report additional results from its fully funded 2021 exploration program on its Buck Property, central B.C.

Highlights

Trench Zone

• BK21-024: Numerous high-grade intervals cut throughout the entire hole:
  • 19.71 grams per tonne (g/t) gold equivalent (AuEQ) over 1.4 metres and 14.01 g/t AuEQ over 1.4 metres within 6.35 g/t AuEQ over 7.6 metres, and within a broader interval of 2.97 g/t AuEQ over 17.0 metres near the top of the hole.
  • 42.05 g/t AuEQ over 1.0 metre within a broader interval of 5.84 g/t AuEQ over 7.4 metres from 252.6 metres down hole.
  • 16.87 g/t AuEQ over 1.0 metre within a broader interval of 2.01 g/t AuEQ over 9.0 metres near the bottom of the hole.
• BK21-026: Broad zones of bulk tonnage-style gold mineralization with local high-grade gold intercepts:
  • 33.67 g/t AuEQ over 1.0 metres within a broader interval of 1.18 g/t AuEQ over 44.1 metres.
• BK21-025: Numerous broad zones of bulk tonnage-style gold mineralization:
  • 9.28 g/t AuEQ over 1.0 metre within a broader interval of 0.64 g/t AuEQ over 39.0 metres from 123.0 metres down hole.
  • 13.97 g/t AuEQ over 0.8 metres within a broader interval of 1.07 g/t AuEQ over 32.2 metres which is within a wider interval of 0.85 g/t AuEQ over 62.0 metres from deeper in the hole.

Horseshoe zone

• BK21-032: Multiple broad zones of > 1.0 g/t gold mineralization:
  • 2.99 g/t AuEQ over 12.3 metres within a broader interval of 1.19 g/t AuEQ over 54.0 metres from 89.0 metres down hole.
  • 1.46 g/t AuEQ over 31.0 metres within a broader interval of 0.95 g/t AuEQ over 59.1 metres from 192.0 metres down hole.

Note: Intervals are downhole core lengths. True widths are unknown. AuEQ based on a 65:1 silver to gold ratio.

Figure 1. Photograph of sulfide-cemented breccias cut in BK21-032 at 102 metres down hole. Abbreviations: sph = sphalerite, py = pyrite, gn = galena, carb = carbonate, = qtz = quartz

Sun Summit has drilled 18 holes in 2021. Results from the first five holes were released on May 11th, 2021. Results from six additional holes are reported in this news release (Tables 1 and 2). Results from seven holes from the Horseshoe and Trench zones and peripheral areas remain pending (Figures 2 and 3).

Bob Willis, Sun Summit’s CEO commented: “The 2021 drill program continues to deliver significant results in the Trench zone area that is quickly becoming a robust high-grade gold target. Like previously reported results, high-grade gold mineralization was intersected in multiple intervals in multiple holes in the Trench zone and confirms the potential of this target for vein-hosted high-grade gold. What is equally important is the new discovery that bulk tonnage-style disseminated gold mineralization is also present in the Trench zone.

“We are also very pleased with results from the only hole reported here from the Horseshoe zone. This hole cut multiple zones of > 1.0 g/t gold mineralization.

“It is gratifying to report large cumulative gold intercepts in all holes, which were broadly spaced and drilled at multiple different azimuths. Trench to Horseshoe continues to be completely open for further expansion in all directions. Results from remaining drill holes will be released shortly.”

Trench zone

The five Trench zone holes (BK21-021, 023, 024, 025 and 026; Table 1) were designed to investigate the extent of multiple zones of high-grade gold mineralization discovered in BK20-012 (see news release dated January 5th, 2021) and confirmed in BK20-020 (see news release dated May 11th, 2021). Results from the Trench zone are reported in Table 1.

1. AuEQ (gold equivalent) based on a 65:1 silver to gold (Ag:Au) ratio.
2. Calculations are uncut and length-weighted using a 0.15 g/t gold cutoff with less than five continuous metres of internal dilution.
3. Intervals are downhole core lengths. True widths are unknown.

BK21-024 and BK21-023 were drilled steeply to the south to test the extent of high-grade gold mineralization discovered in BK20-012.

BK21-024 intersected multiple intervals of high-grade gold mineralization throughout the entire hole (intervals are not true widths) including 19.71 g/t AuEQ over 1.4 metres, 14.01 g/t AuEQ over 1.4 metres, 42.05 g/t AuEQ over 1.0 metre, and 16.87 g/t AuEQ over 1.0 metre (Figure 3). The deepest high-grade interval at 352.8 metres downhole is approximately 70 metres below the bottom of BK20-012 which hit 7.54 g/t AuEQ over 1.0 metre within 1.05 g/t AuEQ over 12.7 metres (see news release dated January 5th, 2021). These high-grade intercepts in BK21-024 are locally within wider intervals of bulk-tonnage style mineralization such as 2.97 g/t AuEQ over 17.0 metres near the top of the hole from 45.0 to 62.0 metres (Table 1).

Similarly, BK21-023 intersected numerous broad intervals of bulk tonnage-style mineralization (e.g., 0.64 g/t AuEQ over 59.0 metres including 1.01 g/t AuEQ over 19.2 metres) highlighted by 15.38 g/t AuEQ over 1.0 metre within a broader interval of 2.29 g/t AuEQ over 11.0 metres near the bottom of the hole (Figure 3). BK21-026 was drilled to the east and hit multiple intervals of gold mineralization throughout the entire hole highlighted by 1.18 g/t AuEQ over 44.1 metres including 33.67 g/t AuEQ over 1.0 metres from 170.0 to 214.1 metres down hole.

The presence of broad zones of bulk tonnage-style, disseminated gold mineralization with internal local high-grade vein-hosted mineralization was also intersected in BK21-025, collared 150 metres east of BK21-026 and drilled to the east. The hole cut mineralization throughout the entire hole starting with 0.64 g/t AuEQ over 39.0 metres from 123.0 to 162.0 metres and 0.85 g/t AuEQ over 62.0 metres from 374.0 to 436.0 metres down hole (Figure 3). Assays are pending from four remaining holes in the Trench zone.

Horseshoe zone

The Horseshoe zone hole (BK21-032; Table 2) was designed to test the lateral-extent of bulk-tonnage, sulfide-cemented breccia-hosted gold mineralization intersected in BK21-017 (see news release dated May 11th, 2021).

1. AuEQ (gold equivalent) based on a 65:1 silver to gold (Ag:Au) ratio.
2. Calculations are uncut and length-weighted using a 0.15 g/t gold cutoff with less than five continuous metres of internal dilution.
3. Intervals are downhole core lengths. True widths are unknown.

BK21-032 was collared 100 metres northwest of BK21-017 and drilled to the east at a similar dip. The hole returned two significant intervals: an upper interval of 1.19 g/t AuEQ over 54.0 metres from 89.0 to 143.0 metres hosted in sphalerite-rich sulfide-cemented breccias (Figure 1); and a lower interval of 0.95 g/t AuEQ over 59.1 metres including 31.0 metres of 1.46 g/t AuEQ hosted in polymictic breccias with clots of sphalerite + pyrite. The upper interval also contained 1.17% zinc over the 54.0 metres. Hole BK21-032 builds on results from 2020 (e.g., BK20-006, 007, 009 and top of 012) and the recently reported BK21-017 and BK21-018 and expands the zone of sphalerite-rich sulfide-cemented breccias laterally at depth (Figure 3). Assays are pending from one remaining hole in the Horseshoe zone.

Figure 2. Map showing drill hole locations.

Figure 3. A-A’ Cross section from the Trench to Horseshoe zones showing selected highlights.

Notes: * NAD 83 Zone 9N

Quality Assurance and Quality Control

All sample assay results have been monitored through the Company’s quality assurance and quality control (QA/QC) program. Drill core was sawn in half at Sun Summit’s core logging and processing facility in Houston, B.C. Half the core was sampled and shipped in sealed and secure bags to the ALS Global preparation facilities in Yellowknife, N.T. Samples were prepared using standard preparation procedures. Following sample preparation, the pulps were sent to the ALS Global analytical laboratory in North Vancouver, B.C., for analysis.

Core samples were analyzed for 48 elements by ICP-MS on a 0.25 gram sample using a four acid digestion (method ME-MS61L or ME-MS61). Gold was analyzed by fire assay on a 30 gram sample with an AAS finish (method Au-AA23). Over limit gold (> 10 ppm) was re-analyzed by fire assay using a gravimetric finish on a 30 gram sample. Over limit silver (> 100 ppm) was re-analyzed using a four acid digestion and ICP-AES finish. Over limit zinc (> 10,000 ppm) was re-analysed using a four acid digestion and ICP-AES finish. ALS Global is registered to ISO / IEC 17025:2017 accreditations for laboratory procedures.

In addition to ALS Global laboratory QA/QC protocols, Sun Summit implements an internal QA/QC program that includes the insertion of duplicates, standards and blanks into the sample stream.

National Instrument 43-101 Disclosure

This news release has been approved by Sun Summit’s CEO, Robert D. Willis, P. Eng. a “Qualified Person” as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. He has also verified the data disclosed, including sampling, analytical and test data, underlying the technical information in this news release.

Community Engagement

Sun Summit is working to engage with First Nations on whose territory the Buck Property is located, to discuss their interests and identify contract and work opportunities, as well as opportunities to support community initiatives. The Company looks forward to continuing to work with local and regional First Nations as the project continues.

Health and Safety

The Company’s exploration programs are being carried out in full compliance with federal, provincial, and municipal guidelines established in response to the global COVID-19 pandemic. Sun Summit has a rigorous infection prevention and control protocol in place to protect the health of employees and contractors, as well as surrounding communities in which the Company works.

Buck Property

The recently expanded 33,000-hectare property, approximately 12 kilometres south of Houston, British Columbia, has excellent nearby infrastructure and allows for year-round road-accessible exploration.

About Sun Summit

Sun Summit Minerals is an exploration company focused on expanding its epithermal gold discovery at its flagship Buck Project located in north-central British Columbia.

The Company is exploring multiple high priority gold and silver targets through methodical, well-funded exploration campaigns with year round drilling access. The Project has high-grade and bulk-tonnage gold and silver potential and is located in a mining-established region that includes many former operating mines and current exploration projects.

Sun Summit is committed to environmental and social responsibility with a focus on responsible development to generate positive outcomes for all stakeholders.

Further details are available at www.sunsummitminerals.com

Figures

Figure 1
https://sunsummitminerals.com/wp-content/uploads/2021/06/Buck_Fig1_BK21-032_Photo.jpg

Figure 2
https://sunsummitminerals.com/wp-content/uploads/2021/06/Buck_Fig1_Drilling_June10_NR-scaled.jpg

Figure 3
https://sunsummitminerals.com/wp-content/uploads/2021/06/Buck_Fig2_EW_Section_June10_NR-scaled.jpg

For further information, contact:

Sharyn Alexander, M.Sc.
VP Technical Services

Nancy Curry
Corporate Communications

info@sunsummitminerals.com

Tel. 778-588-9606

Forward Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include: risks inherent in exploration activities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through private or public equity financings; environmental and safety risks including increased regulatory burdens; unexpected geological or hydrological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. Except as required by applicable securities laws and regulation, Sun Summit Minerals Corp. disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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Vancouver, B.C. May 26^th, 2021: Sun Summit Minerals Corp. (TSX-V: SMN; OTC: SMREF) (“Sun Summit” or the “Company”) announces the mobilization of field crews to commence a property-scale exploration program across its 100% optioned 33,000 hectare Buck Property, central B.C.

Bob Willis, Sun Summit’s CEO, stated: “We are excited to start fieldwork at our Buck Property in central B.C. Our technical team has designed a very comprehensive program consisting of geological mapping, prospecting, and multiple soil geochemical surveys. Based on our new knowledge of the Buck-style mineralization at the Horseshoe and Trench zones, we have outlined numerous areas we consider prospective for similar styles of gold and silver mineralization. We expect this major exploration program may take two to three months and look forward to keeping our shareholders informed regarding field results. In the meantime, the next batch of assay results from 18 drill holes completed so far in the Horseshoe and Trench zones are expected to be received and released shortly.”

Highlights

• Geological mapping and geochemical sampling will be completed across the 33,000 hectare land package.
• The Buck property is predominantly underlain by Late Cretaceous Kasalka Group volcanic and volcaniclastic rocks. Kasalka Group rocks also host bulk tonnage-style, epithermal-related mineralization at the Blackwater and Capoose gold-silver projects of Artemis Gold Inc, approximately 170 kilometres to the south-east (not necessarily indicative of the mineralization on the Buck Property).
• Focus will be to explore numerous historic and overlooked zinc-in-soil anomalies. Drilling at Buck has demonstrated a strong correlation between zinc-in-soil anomalies and near-surface, sphalerite-associated bulk tonnage-style gold mineralization.

Property-scale exploration

Sun Summit is commencing a significant property-wide exploration program to rigorously investigate existing gold-silver targets and to define new targets across the 33,000 hectare land position. Central to this land package is an approximately 24 kilometre long, northwest-trending, fault-bound belt of Late Cretaceous Kasalka Group volcanic and volcaniclastic rocks, host to epithermal-related mineralization at Buck (Figure 1). Kasalka Group volcanic rocks also host bulk tonnage-style epithermal-related mineralization at the Blackwater and Capoose gold-silver development projects of Artemis Gold Inc. (Angen et al., 2018). The 11.7 million ounce Blackwater gold project (artemisgoldinc.com; PFS Report, Bird et al., 2020; not necessarily indicative of the mineralization on the Buck Property) is approximately 170 kilometres southeast of Buck.

Figure 1. Buck property-scale targets. Large ovals highlight areas of proposed reconnaissance, confirmation and grid-based soil surveys.

The extent and nature of sphalerite (zinc sulfide) mineralization associated with gold in numerous Horseshoe zone holes (e.g., BK21-017 and BK21-018; see news release dated May 11^th, 2021; Table 1) is reminiscent of many late-Cretaceous intermediate sulfidation-type deposits in central B.C. (e.g., Blackwater; Averill, 2017). The 1.07 g/t gold over 109 metres intercept in BK21-017 (see news release dated May 11^th, 2021) also contains 0.65% zinc over 109 metres and the 7.17 g/t gold over 5.2 metres intercept contains 2.8% zinc of 5.2 metres. This mineralized intercept is associated with a dacite matrix-rich and local sulfide + quartz + carbonate-cemented hydrothermal breccia. All phases of breccias contain gold and silver mineralization associated with clotted, disseminated and breccia-hosted sphalerite and pyrite. Zinc anomalism is thus a useful geochemical proxy for epithermal-related bulk tonnage-style gold mineralization in the surficial environment (e.g., soil and till; Averill, 2017).

Sun Summit has compiled all regional geology, stream sediment and till geochemical data, project-scale historic geophysical data, and soil and rock geochemical data to better define areas of interest in these prospective, yet under-explored rocks. A focus will be to investigate numerous historic and overlooked zinc (+/- silver, gold, arsenic, antimony and lead) -in-soil anomalies (e.g., IRK; Figure 1) and to define new geochemical anomalies over prospective Late Cretaceous volcanic and volcaniclastic rocks.

The center of IRK target is approximately 11 kilometres south of the main Buck target and comprises an approximately 2.8 kilometres long, northwest-trending zinc-in-soil anomaly associated with bleached andesite, dacite and rhyolite flows of probable Jurassic to Late Cretaceous age (Figure 1). The rocks are reportedly brecciated and silicified (Gale, 1984). The IRK target has not been systematically evaluated or drill-tested and represents a priority area for confirmation soil geochemistry, geological mapping followed by possible IP (induced polarization) geophysics and drilling.

Long, northeast-trending reconnaissance-style geochemical survey lines will also be completed (Figure 1). The lines are designed to transect the belt of Kasalka Group volcanics where no historic exploration has been conducted.

2021 Drill Program Update

Results from the first five of 18 drill holes from the winter 2021 drill program were released on May 11^th, 2021, highlighted by 31.6 g/t gold over 4.0 metres including 246 g/t gold over 0.5 metres in drill hole BK21-020 (Trench Zone) and 1.07 g/t gold over 109 metres in BK21-017 (Horseshoe Zone). Assays from the 13 remaining holes are pending and results will be released in batches following receipt from the lab.

Quality Assurance and Quality Control

All sample assay results have been monitored through the Company’s quality assurance and quality control (QA/QC) program. Drill core was sawn in half at Sun Summit’s core logging and processing facility in Houston, B.C. Half the core was sampled and shipped in sealed and secure bags to the ALS Global preparation facilities in Yellowknife, N.T. Samples were prepared using standard preparation procedures. Following sample preparation, the pulps were sent to the ALS Global analytical laboratory in North Vancouver, B.C., for analysis.

Core samples were analyzed for 48 elements, including zinc, by ICP-MS on a 0.25 gram sample using a four acid digestion (method ME-MS61L). Gold was analyzed by fire assay on a 30 gram sample with an AAS finish (method Au-AA23). Over limit gold (>10 ppm) was re-analyzed by fire assay using a gravimetric finish on a 30 gram sample. Over limit silver (>100 ppm) was re-analyzed using a four acid digestion and ICP-AES finish. Over limit zinc (> 10,000 ppm) was re-analysed using a four acid digestion and ICP-AES finish. ALS Global is registered to ISO / IEC 17025:2017 accreditations for laboratory procedures.

In addition to ALS Global laboratory QA/QC protocols, Sun Summit implements an internal QA/QC program that includes the insertion of duplicates, standards and blanks into the sample stream.

National Instrument 43-101 Disclosure

This news release has been approved by Sun Summit’s CEO, Robert D. Willis, P. Eng. a “Qualified Person” as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. He has also verified the data disclosed, including sampling, analytical and test data, underlying the technical information in this news release.

Some data disclosed in this news release (e.g., Figure 1) relating to sampling and drilling results is historical in nature. Neither the Company nor a qualified person has sufficiently verified this data and therefore investors should not place undue reliance on such data. Mineralization hosted on adjacent, nearby or geologically similar properties is not necessarily indicative of mineralization hosted on the Company’s property.

Community Engagement

Sun Summit is working to engage with First Nations on whose territory the Buck Property is located, to discuss their interests and identify contract and work opportunities, as well as opportunities to support community initiatives. We look forward to continuing to work with local and regional First Nations as the project continues.

Health and Safety

The Company’s exploration programs are being carried out in full compliance with federal, provincial, and municipal guidelines established in response to the global COVID-19 pandemic. Sun Summit has a rigorous infection prevention and control protocol in place to protect the health of employees and contractors, as well as surrounding communities in which the Company works.

Buck Property

The recently expanded 33,000-hectare property, approximately 12 kilometres south of Houston, British Columbia, has excellent nearby infrastructure and allows for year-round road-accessible exploration.

About Sun Summit

Sun Summit Minerals is an exploration company focused on expanding its epithermal gold discovery at its flagship Buck Project located in north-central British Columbia.

The Company is exploring multiple high priority gold and silver targets through methodical, well-funded exploration campaigns with year round drilling access. The Project has high-grade and bulk-tonnage gold and silver potential and is located in a mining-established region that includes many former operating mines and current exploration projects.

Sun Summit is committed to environmental and social responsibility with a focus on responsible development to generate positive outcomes for all stakeholders.

Further details are available at www.sunsummitminerals.com

References

Angen, J.J., Hart, C.J.R., Kim, R.S., and Rahimi, M., 2018, Geology and mineral potential of the TREK area, Northern Interior Plateau, Central British Columbia, parts of 1:250,000 NTS sheets 093B, C, F and G; Geoscience BC Report 2018-12, MDRU Publication 411,175 p.

Averill, S.A., 2017, The Blackwater gold-spessartine-pyrolusite glacial dispersal train, British Columbia, Canada: Influence of sampling depth on indicator mineralogy and geochemistry; Geochemistry: Exploration, Environment, Analysis, v. 17, pp. 43-60

Bird, S., Fontaine, D., Meintjes, T., Schulte, M., and Thomas, J., 2020, Blackwater Gold project British Columbia, NI 43-101 technical report on pre-feasibility study, Sedar.com, 292 p.

Gale, R.E., 1984, Report on geochemical and geological exploration program with backhoe trenching, IRK claims, Assessment Report 12753, Assessment Report Indexing System, aris.empr.gov.bc.ca, 13 p.

Figure

https://sunsummitminerals.com/wp-content/uploads/2021/05/Buck_Fig1_Regional_Geology_May_NR.jpg

For further information, contact:

Sharyn Alexander, M.Sc.
VP Technical Services

Nancy Curry
Corporate Communications

info@sunsummitminerals.com

Tel. 778-588-9606

Forward Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include: risks inherent in exploration activities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through private or public equity financings; environmental and safety risks including increased regulatory burdens; unexpected geological or hydrological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. Except as required by applicable securities laws and regulation, Sun Summit Minerals Corp. disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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Vancouver, B.C. May 11^th, 2021: Sun Summit Minerals Inc. (TSX-V: SMN; OTC: SMREF) (“Sun Summit” or the “Company”) is pleased to report initial drill results from its fully funded, 2021 exploration program on its Buck Property, central B.C. Assays from five of the 18 completed holes are reported.

Highlights

• Significant high-grade gold mineralization was intersected in the Trench zone:
  • 31.6 grams per tonne (g/t) gold over 4.0 metres, including 246 g/t gold over 0.5 metres (BK21-020). 
  • 7.36 g/t gold over 3.0 metres including 21.70 g/t gold over 1.0 metre (BK21-019).
  • These initial results from BK20-012 step-out holes confirm the high-grade potential of this newly discovered area.

• Broad zones of bulk-tonnage style gold mineralization was intersected in the Horseshoe zone:
  • 0.78 g/t gold over 186 metres including 1.07 g/t gold over 109 metres and including 7.17 g/t gold over 5.2 metres (BK21-017). This interval represents the longest continuous zone of significant gold and silver mineralization ever drilled on the property.
  • 0.81 g/t gold over 70.0 metres including 1.04 g/t gold over 43.0 metres (BK21-018).

Note: Intervals are downhole core lengths. True widths are unknown.

Bob Willis, Sun Summit’s CEO, stated: “The 2021 program has started off with exceptional results. Our first hole in the Horseshoe zone cut a long and continuous interval of significant gold mineralization which contained a high-grade zone which clearly indicates the potential of high-grade sweeteners within bulk tonnage-style grades. 

Assays from drill hole BK21-020, a 100-metre step-out from discovery hole BK20-012, in the Trench zone confirms the considerable potential of this area. The vein-hosted mineralization in this new hole yielded the highest gold grade ever drilled at Buck. 

Our systematic approach to investigating the potential of the Buck property is paying off and we look forward to keeping our shareholders informed on our progress as assays are returned from the lab. The current drill phase expanded the footprint of the Trench-Horseshoe mineralized system. The limits of the system have not been reached and it remains open in all directions.”

Trench zone

The three Trench zone holes (BK21-019, 020, and 022; Table 1) were designed to investigate the extent of multiple zones of high-grade gold mineralization discovered in BK20-012 (see news release dated January 5, 2021). 

Table 1. Assay results – Trench zone

BK21-020 was drilled to the south and cut across the west-dipping BK20-012 and intersected (intervals are not true widths) 31.75 g/t AuEQ (gold equivalent; 31.6 g/t gold, 9.4 g/t silver) over 4.0 metres including 247 g/t AuEQ (246 g/t gold, 66.7 g/t silver) over 0.5 metres approximately 100 metres to the southeast of the 49.6 g/t gold over 1.5 metre interval in BK20-012 (Figures 1 and 3; see news release dated January 5, 2021). Here, local quartz + carbonate + sulfide vein-hosted gold mineralization is associated with a broad zone of quartz + sericite alteration peripheral to quartz + feldspar porphyritic dykes. Similarly, BK21-019 cut numerous zones of gold mineralization highlighted by 1.57 g/t AuEQ (1.51 g/t gold, 3.58 g/t silver) over 23.1 metres including 22.04 g/t AuEQ (21.70 g/t gold, 22.20 g/t silver) over 1.0 metre at 133 metres downhole. The higher-grade interval in BK21-019 was cut approximately 25 metres north of the 23.05 g/t gold over 3.0 metre interval in BK20-012 (see news release dated January 5, 2021).  Results from all three holes demonstrate the high-grade potential of this new target area. Tighter-spaced drilling with oriented core is warranted to better define structural orientations of high-grade veins. Assays are pending from nine additional holes in the Trench zone.

Horseshoe zone

The two Horseshoe zone holes (BK21-017 and 018; Table 2) were designed to test the strike-extent of bulk-tonnage, sulfide-cemented breccia-hosted gold mineralization. 

Table 2. Assay results – Horseshoe zone

BK21-017 was collared on the same pad as BK20-012 but drilled in an opposite direction to the east (Figure 1). The hole returned 1.15 g/t AuEQ (1.07 g/t gold, 5.48 g/t silver) over 109 metres associated with a dacite matrix-rich and local sulfide + quartz + carbonate-cemented hydrothermal breccia. BK21-018 was collared 65 metres south of BK21-017 and drilled to the north under BK21-017. The hole returned 0.85 g/t AuEQ (0.81 g/t gold, 2.52 g/t silver) over 70.0 metres including 1.07 g/t AuEQ (1.04 g/t gold, 2.11 g/t silver) over 43 metres associated with sphalerite-rich sulfide-cemented breccias. Together, both holes build on results from 2020 (e.g., BK20-006, 007, 009 and top of 012) and further expand the zone of near-surface, bulk-tonnage style gold mineralization to the east (Figures 1 and 2). All phases of breccias contain gold and silver mineralization associated with clotted, disseminated and breccia-hosted sphalerite (zinc sulfide) and pyrite. Assays are pending from two additional holes in the Horseshoe zone.

Figure 1. Map showing drill hole locations

Figure 2. A-A’ Cross section from the Trench to Horseshoe zones showing selected highlights

Figure 3. B-B’ Cross section in the Trench Zone showing selected highlights

Table 3. Drill collar locations

Quality Assurance and Quality Control

All sample assay results have been monitored through the Company’s quality assurance / quality control (QA/QC) program. Drill core was sawn in half at Sun Summit’s core logging and processing facility in Houston, B.C. Half the core was sampled and shipped in sealed and secure bags to the ALS Global preparation facilities in Yellowknife, N.T. Samples were prepared using standard preparation procedures. Following sample preparation, the pulps were sent to the ALS Global analytical laboratory in North Vancouver, B.C., for analysis. 

Core samples were analyzed for 48 elements by ICP-MS on a 0.25 gram sample using a four acid digestion (method ME-MS61L). Gold was analyzed by fire assay on a 30 gram sample with an AAS finish (method Au-AA23). Over limit gold (>10 ppm) was re-analyzed by fire assay using a gravimetric finish on a 30 gram sample. Over limit silver (>100 ppm) was re-analyzed using a four acid digestion and ICP-AES finish. Over limit zinc (> 10,000 ppm) was re-analysed using a four acid digestion and ICP-AES finish. ALS Global is registered to ISO / IEC 17025:2017 accreditations for laboratory procedures.

In addition to ALS Global laboratory QA/QC protocols, Sun Summit implements an internal QA/QC program that includes the insertion of duplicates, standards and blanks into the sample stream. 

National Instrument 43-101 Disclosure

This news release has been approved by Sun Summit’s CEO, Robert D. Willis, P. Eng. a “Qualified Person” as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. He has also verified the data disclosed, including sampling, analytical and test data, underlying the technical information in this news release.

Community Engagement 

Sun Summit is working to engage with First Nations whose territory includes the Buck Property, to discuss their interests and identify contract and work opportunities, as well as opportunities to support community initiatives.  We look forward to continuing to work with local and regional First Nations as the project continues.

Buck Property

The recently expanded 33,000-hectare property, approximately 12 kilometres south of Houston, British Columbia, has excellent nearby infrastructure and allows for year-round road-accessible exploration. 

Health and Safety

The Company’s exploration programs are being carried out in full compliance with federal, provincial, and municipal guidelines established in response to the global COVID-19 pandemic. Sun Summit has a rigorous infection prevention and control protocol in place to protect the health of employees and contractors, as well as surrounding communities in which the Company works.

About Sun Summit

Sun Summit Minerals is an exploration company focused on expanding its epithermal gold discovery at their flagship Buck Project located in north-central British Columbia. 

The Company is exploring multiple high priority gold and silver targets through methodical, well funded exploration campaigns with year round drilling access. The property has high-grade and bulk-tonnage gold and silver potential and is located in a mining-established region that includes many former operating mines and current exploration projects. 

Sun Summit is committed to environmental and social responsibility with a focus on responsible development to generate positive outcomes for all stakeholders.

Further details are available at www.sunsummitminerals.com 

Figures

Figure 1:
https://sunsummitminerals.com/wp-content/uploads/2021/05/Buck_Fig1_Drilling_May11_NR-Au-scaled.jpg  

Figure 2:
https://sunsummitminerals.com/wp-content/uploads/2021/05/Buck_Fig2_EW_Section_May11_NR-Au-scaled.jpg  

Figure 3:
https://sunsummitminerals.com/wp-content/uploads/2021/05/Buck_Fig3_NS_Section_May11_NR-scaled.jpg 

For further information, contact:

Sharyn Alexander, M.Sc.
VP Technical Services

Nancy Curry
Corporate Communications

info@sunsummitminerals.com 

Tel. 778-588-9606

Forward Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include: risks inherent in exploration activities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through private or public equity financings; environmental and safety risks including increased regulatory burdens; unexpected geological or hydrological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. Except as required by applicable securities laws and regulation, Sun Summit Minerals Corp. disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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