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Highlights
Multiple intervals of high-grade, vein-hosted gold mineralization intersected in numerous holes: 11.65 grams/tonne (g/t) gold equivalent (AuEq) over 3.0 metres, including 31.79 g/t AuEq over 1.0 metre within 0.86 g/t AuEq over 60.8 metres (BK21-035).
14.86 g/t AuEq over 1.1 metres within 1.04 g/t AuEq over 21.9 metres (BK21-041)
10.03 g/t AuEq over 2.9 metres, including 16.05 g/t AuEq over 1.5 metres within 4.82 g/t AuEq over 6.8 metres (BK21-043)
These high-grade intervals are within broader zones of near-surface disseminated mineralization.
Results confirm the presence of widespread high-grade gold mineralization as previously reported (e.g., BK20-012: 5.89 g/t AuEq over 17.0 metres including 23.10 g/t AuEq over 3.0 metres, and BK21-020: 31.75 g/t AuEq over 4.0 metres including 247 g/t AuEq over 0.5 metres).
Note: Intervals are downhole core lengths. True widths are unknown. AuEq based on a 75:1 silver to gold ratio
Multiple intervals of near-surface, disseminated and breccia-hosted mineralization confirm strong continuity of bulk-tonnage style mineralization: 0.96 g/t AuEq over 102.0 metres, including 1.94 g/t AuEq over 18.0 metres and including 1.15 g/t AuEq over 19.3 metres (BK21-036)
0.74 g/t AuEq over 175.3 metres, including 1.25 g/t AuEq over 53.8 metres (BK21-038)
Results confirm strong grade continuity on the eastern side of
Note: Intervals are downhole core lengths. True widths are unknown. AuEq based on a 75:1 silver to gold ratio.
Drill Program
Holes reported in this release are from two key areas, formerly known as the eastern 'Horseshoe' and the western 'Trench' zones. Based on a new structural model, holes were drilled along northeast-southwest oriented sections with all holes drilled to the northeast at varying dips. This drill plan allowed for the systematic generation of cross sections across the Buck Main target to better define lithological and structural controls. Based on this modelling, it is apparent that lithology played a key role in the distribution of disseminated mineralization versus vein-hosted, high-grade mineralization. The results from the remaining 24 holes will be used to further demonstrate continuity of mineralization within and between different styles of mineralization across the Buck Main area.
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.
Buck Property
The 33,000 hectare property is located approximately 12 kilometres south of
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
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 an established mining 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.
Contact:
Tel: 778-588-9606
Email: info@sunsummitminerals.com
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.
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