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Sun Summit Commences 2021 Property-Wide Exploration Program at Buck Property

By 2021

Vancouver, B.C. May 26th, 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 11th, 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 11th, 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 11th, 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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Sun Summit drills 31.6 g/t gold over 4.0 metres including 246 g/t gold over 0.5 metres in the Trench zone and 1.07 g/t gold over 109 metres including 7.17 g/t gold over 5.2 metres in the Horseshoe zone; Buck Property, Central BC

By 2021

Vancouver, B.C. May 11th, 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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Sun Summit Provides Exploration Update; Visible Gold Identified in Numerous Drill Holes

By 2021

Vancouver, B.C. March 23rd, 2021: Sun Summit Minerals Inc. (TSX-V: SMN; OTC: SMREF) (“Sun Summit” or the “Company”) provides an update on the Company’s current exploration drill program at its 100% controlled Buck Property, north-central British Columbia. Since mobilization of crews, Sun Summit has completed 10 drill holes for over 4,000 metres focused on investigating zones of high-grade and bulk-tonnage style gold mineralization. Drilling will continue to test these targets as well as other targets going forward.

Highlights

  • Five out of 10 drill holes intersected zones of visible gold mineralization in a new and highly-prospective area between the Horseshoe and Trench zones.
  • Metallic screen fire assay analyses of visible gold-bearing samples from discovery hole BK20-012 demonstrates a local increase in gold grade compared to traditional fire assay methods.
  • Regional exploration targets within the 33,000-hectare land package are being refined and prioritised.

Bob Willis, Sun Summit’s CEO, stated, “Our current drill program at Buck is on track to achieve all three goals we initially set for the team. These goals are targeting high-grade gold mineralization peripheral to our discovery hole, testing newly identified chargeability anomalies, and investigating the strike extent of near-surface breccia-hosted mineralization.

“The fact that 50% of our drill holes so far have cut zones of visible gold mineralization attests to the significance of our discovery and the high-grade potential of the area between the Horseshoe and Trench zones. All holes have intersected mineralized zones similar to those that reported gold in earlier campaigns.

“Buck contains a large-scale system created by multiple mineralizing events that have deposited gold in several environments. It will take more drilling to fully explore Buck’s multiple gold zones, but we are very pleased with what we are seeing as work progresses. Furthermore, based on results from our metallic screen study, we are now systematically and selectively using the metallic screen method to fully evaluate the gold grade of these significant zones. We look forward to presenting assays from this drill phase.”

Drill Program

Sun Summit has now completed 10 diamond drill holes in the Company’s fully-funded 2021 program, previously announced on February 9th, 2021. Drill holes to date have tested areas peripheral to the high-grade intersections of the discovery hole BK20-012 (e.g., 17 metres of 5.86 grams per tonne (g/t) gold including 3 metres of 23.05 g/t gold, and 7.5 metres of 10.19 g/t gold; see the Company’s news release dated January 5th, 2021), as well as areas along strike and down-dip from the near-surface breccia hosted mineralization intersected in numerous holes in 2020 (e.g., BK20-006; 46 meters of 1.12 g/t gold equivalent (AuEQ); see the Company’s news release dated January 5th, 2021). Samples from the first four holes are in the analytical lab and results will be released once they are received, modelled, and interpreted.

Visible gold has been identified in five of the 10 holes drilled to date. Gold is associated with discrete sphalerite + pyrite + quartz + carbonate veins and also in sulfide cemented breccias (Figure 1). Vein- and breccia-controlled mineralization is hosted in pervasively silica and sericite altered volcaniclastic rocks and locally porphyritic dacitic intrusions. The presence of sub-millimetre to millimetre-scale visible gold in numerous drill holes covering a distance of at least 300 metres east-west, demonstrates the high-grade gold potential of the structurally complex hydrothermal system at Buck. Additional drilling is focusing on investigating the true orientation and thickness of this newly interpreted high-grade gold mineralized corridor.

Figure 1. Photos of key mineralization textures and sulfide assemblages. A. quartz + pyrite + gold vein cutting altered volcanics (BK-21-020 at 326m), B. sphalerite + carbonate + gold vein cutting altered dacitic intrusion (BK21-023 at 132.5m), C. sphalerite + pyrite + gold bearing breccia cement (BK21-017 @ 137.5m), and D. parallel sphalerite bearing veins cutting pervasively altered volcanics (BK21-021 at 147.5m). Abbreviations, py = pyrite, sph = sphalerite, cpy = chalcopyrite and carb = carbonate.

Metallic Screen Fire Assay

Results from the selective metallic screen study have been received. Sample C355022 reported an increase in grade from 49.6 g/t gold (Au) by traditional 30 gram fire assay (ALS Au-AA23 method) to 141 g/t Au by the metallic screen method (ALS Au-SCR21). The results suggest that metallic screen methods should be performed on drill core samples containing visible gold. These methods utilize a larger sample and a tailored preparation procedure to systematically capture native gold, thus providing a more robust estimate of gold grade. A summary of metallic screen results from all samples with logged visible gold is shown in Table 1. Sun Summit is using these data to modify its analytical workflow for all samples with logged visible gold or samples that return >5 g/t Au by traditional fire assay.

Table 1. Metallic screen fire assay data from BK20-012 intervals with visible gold

Quality Assurance and Quality Control

Coarse reject material from drill hole BK20-012 was dispatched from the Yellowknife, NT-based ALS Global preparation facility to the ALS Global analytical laboratories in North Vancouver, BC, for metallic screen fire assay. There, a one kilogram sample was passed through a 100 micron screen (Tyler 150 mesh). Any +100 micron material was retained and analysed completely by fire assay with a gravimetric finish (+ fraction result in Table 1). The -100 micron fraction was homogenized, and two sub-samples are analyzed by fire assay with AAS (atomic absorption spectroscopy) finish (Au-AA25 and Au-AA25D). The average of the two AAS results is reported as the Au (-) fraction in Table 1. All three values are then used to calculate the combined gold content of the (+) and  (-) fractions (Au total in Table 1).

Property-scale Exploration

Sun Summit is planning a significant regional 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. Kasalka Group volcanic rocks also host bulk-tonnage epithermal-related mineralization at the Blackwater and Capoose Au-Ag development projects of Artemis Gold Inc. (Angen et al., 2018).

The Company is currently compiling all regional (e.g., geology, stream sediment and till geochemistry) and project-scale historic data (e.g., ground, and airborne geophysics, soil and rock geochemistry) to better define areas of interest in these prospective, yet under-explored rocks. Exploration plans for this summer will be released once budgets are set and targets are ranked and prioritized.

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.

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.

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 Corp. (formerly San Marco Resources Inc.) is a Canadian mineral exploration company actively pursuing world class gold and silver projects with a focus in mining friendly jurisdictions.

The Company’s principal focus is the Buck Property in north-central British Columbia that has bulk-tonnage gold and silver potential. The property is located in a mining-friendly region that includes many formerly 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.

Additional Figure


Buck Drill Hole Locations

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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