202627 releases
Sun Summit Receives Positive Metallurgical Test Results for the JD Project
Metallurgical testing on Creek Zone and Finn Zone composites from the JD Project in B.C.'s Toodoggone district returned gold extraction of 98-99% for Creek Zone and 89-95% for Finn Zone using a gravity-leach flowsheet at 150µm, with 93-96% and 90-94% respectively at 250µm. A gravity-flotation-leach flowsheet at 150µm gave overall gold recovery of 95-97% for Creek Zone and about 100% for Finn Zone. The company anticipates an inaugural Mineral Resource Estimate in Q1 2027.
Study resultsSun Summit Drills 23.5 Meters of 4.35 g/t Gold Including 4.50 Meters of 21.8 g/t Gold at the JD Project; Extends Creek Zone Mineralization 100 Meters Along Strike
Drilling at the Creek Zone of the JD Project in B.C.'s Toodoggone Mining District returned 23.5 meters of 4.35 g/t gold and 4.69 g/t silver from 109.0 meters, including 4.50 meters of 21.8 g/t gold, in hole CZ-26-023, plus 32.5 meters of 3.02 g/t gold in CZ-26-032. Results from the first 13 holes extended mineralization about 100 meters northwest along strike, where it remains open. Assays from 42 of the 55 holes in the 16,000-meter program are pending, with an inaugural resource estimate planned for Q1 2027.
Drill resultsSun Summit Minerals Announces Completion of Exploration at the Theory Copper-Gold Project, Toodoggone Mining District, BC
Fieldwork for 2026 has been completed at the 9,676-hectare Theory copper-gold project in BC's Toodoggone Mining District, comprising a 476 line-kilometre MobileMT airborne survey at 250 m line spacing, a 20-day prospecting, mapping and sampling program, and ~17.0 line-kilometres of induced polarization on 8 lines. Work identified two new copper zones, Baguette Peak and Misty Mountain, the latter hosting occurrences over 2.2 km, and the IP survey showed a >500 m chargeability anomaly under the Bev Zone. A total of 218 rock grab and 533 soil samples were collected, with assays pending, to prioritize targets for 2027 drill testing.
Drill resultsSun Summit Completes Over 16,000 Meters of Drilling at the JD Project, Toodoggone Mining District, B.C.
The 2026 drill program at the JD Project in B.C.'s Toodoggone Mining District is complete, with over 16,000 meters drilled in 55 holes across the Creek Zone (21 holes, ~7,400 m), Finn Zone (19 holes, ~5,400 m) and Schmitt Zone (15 holes, ~3,200 m) — about 60% more than originally planned. Assays are pending and will be released as received. Results will feed inaugural mineral resource estimates planned for Q1 2027, with an initial metallurgical report expected in early Q4 2026.
Drill resultsSun Summit Minerals Commences Fieldwork at the Orbit Copper-Gold Project, Toodoggone Mining District, BC
Fieldwork has begun at the Orbit copper-gold project in BC's Toodoggone Mining District, held 51% by Sun Summit and 49% by Eagle Plains Resources, which is operator; the program includes prospecting, mapping, silt and soil sampling at the Calypso Zone and remote-sensing anomalies, and is expected to continue into September. The project covers 6,595 hectares across 5 claims. 2025 sampling returned 3.8 ppm Au with 130 ppm Ag, and 1.37 ppm Au with 4,780 ppm Cu.
Drill resultsSun Summit Announces Closing of $4 Million Non-Brokered Private Placement
A non-brokered private placement closed for aggregate gross proceeds of $4,000,000, comprising 20,689,656 charity flow-through shares at $0.145 and 10,000,000 non-flow-through shares at $0.10. Proceeds will fund exploration of the JD, Theory and Buck properties in British Columbia and other Canadian properties; finder's fees of $110,850 and 1,108,500 finder warrants exercisable until August 26, 2028 were paid, with final TSXV approval pending and a hold period expiring December 27, 2026. The Company also granted 11,250,000 stock options at $0.15 for five years.
FinancingSun Summit Announces Non-Brokered Private Placement of up to $4 Million to Expand the 2026 Drill Program at the JD Project to 15,000 Meters
A non-brokered private placement for gross proceeds of up to $4 million was launched, comprising charity flow-through shares at $0.145 and non-flow-through shares at $0.10, with proceeds directed to exploration at the JD, Theory and Buck properties in British Columbia. Funds would support an additional 3,000 metres of drilling at the Schmitt Zone, bringing the 2026 JD program to 15,000 metres, with a further 2,000 metres expected at Creek and Finn. Closing requires TSX Venture Exchange approval; Eventus Capital Corp. is a finder.
FinancingSun Summit Minerals Commences Fieldwork at the Theory Copper-Gold Project, Toodoggone Mining District, BC
Exploration crews have mobilized for 2026 fieldwork at the 9,676 hectare Theory copper-gold project in the Toodoggone Mining District, north-central British Columbia, where Sun Summit holds an option from Eagle Plains Resources to earn up to 100%. The program has three phases: a completed 476 line-km MobileMT airborne survey flown in June at 250 m line spacing, a 28-day prospecting, mapping and geochemical sampling program now underway, and up to 22 line-km of IP surveys over the Bev and Saboteur zones. Fieldwork is expected to continue into September, with results used to prioritize 2027 drill targets.
Drill resultsSun Summit Provides Exploration Update from the JD Project in BC’s Toodoggone District; Over 5,000 Meters of Drilling Completed at the Creek Zone
Over 5,100 meters of drilling across thirteen holes has been completed at the Creek zone of the JD Project in BC's Toodoggone District, with a further 9 holes planned and one rig now moved to the Finn zone, where up to nineteen holes and 5,100 meters are planned. A 740-line km MobileMT airborne survey was flown at 250-meter spacing, with final data expected mid-July. Results will feed an inaugural mineral resource estimate planned for Q1 2027; drilling continues into early October.
Drill resultsSun Summit Commences Fully Funded 10,000 Meter Drill Program at the JD Project, Toodoggone Mining District, B.C.
A fully funded drill program of over 10,000 meters has begun at the JD Project in the Toodoggone Mining District, north-central British Columbia, split roughly 5,000 meters each at the Creek and Finn zones, with one rig operating and a second starting within days. Results are intended to support an inaugural mineral resource estimate planned for Q1 2027. A project-wide airborne MobileMT survey of 740 line kilometers on 250 meter spaced lines is underway. The Company also granted 250,000 stock options at $0.15, expiring in three years.
Drill resultsSun Summit Outlines 2026 Exploration Plan for the Theory Copper-Gold Project,Toodoggone Mining District, BC
A 2026 exploration program is planned at the 9,676-hectare Theory copper-gold project in the Toodoggone Mining District, British Columbia, starting in early June and running intermittently to September, with the aim of advancing the project to drill-ready for 2027. Work includes a MobileMT airborne survey over the Theory and JD grids totalling about 1,216 line-km on 250 m spaced lines, roughly 30 days of mapping, prospecting and rock, soil and silt sampling, and up to 22 line-km of ground IP on priority targets, focused on the BEV to Saboteur trend.
Drill resultsSun Summit Acquires 51% Ownership Share in the New Orbit Project, Toodoggone Mining District, B.C.
Five new mineral claims totaling 6,595 hectares (66 sq. km.), the Orbit Project, have been issued in B.C.'s Toodoggone Mining District, held 51% by Sun Summit and 49% by Eagle Plains Resources, which will act as operator, with a definitive joint venture to be formed by December 31, 2026. The addition brings Sun Summit's Toodoggone portfolio to over 31,500 hectares. Grab samples from 2025 reconnaissance returned 3.8 ppm Au with 130 ppm Ag, and 1.37 ppm Au with 4,780 ppm Cu.
AcquisitionSun Summit Outlines Plans for Significant Drilling at the JD Project, Toodoggone Mining District, B.C.
Over 10,000 metres of drilling is planned at the JD Project in B.C.'s Toodoggone Mining District, starting in early June, split roughly 5,000 metres each across the Creek Zone (17 to 20 holes) and Finn Zone (15 to 17 holes). Results will feed an inaugural NI 43-101 mineral resource estimate planned for Q1 2027, with Dahrouge Geological Consulting USA Ltd. engaged to complete it. Over 46,000 metres in 366 holes have been drilled at JD to date.
Drill resultsSun Summit Announces Filing of a NI 43-101 Technical Reporton the JD Project, Toodoggone Mining District, B.C.
A NI 43-101 technical report on the JD Project in the Toodoggone Mining District, British Columbia, dated March 4, 2026 with an effective date of January 23, 2026, has been filed on SEDAR+, prepared by Andrew Turner, P.Geo., and Emily Laycock, P.Geo., of APEX Geoscience Ltd. The report recommends a two-phase program totalling approximately CAD$10.86 million: CAD$6.94 million in Phase 1 including 7,000 metres of drilling at the Creek and Finn zones, and CAD$3.92 million in Phase 2 including 3,000 metres. The 2024 and 2025 programs completed 33 diamond drillholes totalling 9,408 m. Metallurgical results are expected next quarter and an initial mineral resource estimate in Q1 2027.
Study resultsSun Summit Announces Selection of Consultants to Complete Metallurgical Testing on the JD Project, Toodoggone Mining District, B.C.
Fuse Advisors Inc. and Blue Coast Research Ltd. have been engaged for an initial metallurgical test program on the Creek and Finn zones at the JD Project in the Toodoggone Mining District, north-central British Columbia. The program will assemble four master composites from 20 interval composites totalling approximately 302 kg of coarse core rejects from the 2025 drill program, testing gold and silver recovery via cyanide leach, gravity concentration and flotation over an estimated 3 months. Results will feed an NI 43-101 technical report with an inaugural JD mineral resource estimate expected in Q1 2027.
Study resultsMetals Investor Forum, February 2026
CorporateSun Summit Lists Warrants on the TSXV
The TSX Venture Exchange has accepted for listing up to 102,583,760 common share purchase warrants of Sun Summit Minerals, expected to begin trading February 27, 2026 under the symbol SMN.WT. Each warrant is exercisable for one common share at $0.11 until May 30, 2027. The warrants were issued under a non-brokered private placement closed May 30, 2025 of charity flow-through, flow-through and non-flow-through units for aggregate gross proceeds of $10,142,345.
CorporateDepartures Capital, February 2026
ManagementMetals Investor Forum, January 2026
CorporateSummit Confirms the High-Grade Gold-Silver Potential of the Finn Zone: Drills 5.30 g/t Gold and 157.9 g/t Silver over 6.0 meters at the JD Project
Drill hole FZ-25-002 at the Finn Zone of the JD Project in B.C.'s Toodoggone district returned 46.0 meters of 1.03 g/t gold with 44.9 g/t silver from 38.0 meters, including 6.0 meters of 5.30 g/t gold with 157.9 g/t silver and 1.0 meter of 784 g/t silver. Step-out hole FZ-25-004 cut 15.8 meters of 1.17 g/t gold with 9.1 g/t silver about 160 meters down-dip. Four holes totalling 950 meters were drilled at Finn, plus two holes for 811 meters at the Belle South porphyry target. A fully funded 10,000 meter drill program is planned for 2026, with an inaugural resource estimate expected by Q2 2027.
Drill resultsSun Summit Reports Significant High-Grade Copper, Gold and Silver Mineralization at the Theory Project, Toodoggone Mining District, B.C.
Final 2025 field results from the Theory Project in B.C.'s Toodoggone Mining District include a new 3 km copper trend, the Saboteur Zone, where grab sample LSTHR040 returned 4.78% copper, 0.635 g/t gold and 49 g/t silver, and 15 rock samples exceeded 1% copper. At Fred-DM, grab samples returned 6.42% copper, 0.088 g/t gold, 99 g/t silver and 0.65% copper, 12.6 g/t gold, 3,150 g/t silver. Separately, finders received $305,130 cash and 3,101,900 warrants at $0.14.
Drill results
20254 releases
Sun Summit Announces Closing of $11.5 Million Non-Brokered Private Placement
A non-brokered private placement closed for aggregate gross proceeds of $11,500,000, comprising 67,857,143 charity flow-through shares at $0.14 and 20,000,000 non-flow-through shares at $0.10. Proceeds are intended for exploration of the JD, Theory and Buck properties in British Columbia and general working capital, with flow-through proceeds spent on Canadian exploration expenses. Finder's fees of $303,380 and 2,944,400 finder warrants at $0.14 until December 23, 2027 were paid, and 9,000,000 options at $0.15 were granted; TSXV approval is pending.
FinancingSun Summit Announces Upsized Non-Brokered Private Placement of up to $11.5 Million
The maximum gross proceeds of a previously announced non-brokered private placement have been increased from $7 million to $11.5 million, comprising charity flow-through common shares at $0.14 each and non-flow-through common shares at $0.10 each. Proceeds are intended for exploration of the JD, Theory and Buck properties in British Columbia and any other Canadian properties acquired. Closing is subject to TSX Venture Exchange approval, with Eventus Capital Corp. appointed as a Finder and a four-month hold period applying.
FinancingSun Summit Announces Non-Brokered Private Placement of up to $7 Million
A non-brokered private placement of up to 50,000,000 charity flow-through shares at $0.14 each for gross proceeds of up to $7 million has been launched by Sun Summit Minerals. Proceeds will fund exploration at the JD, Theory and Buck properties in British Columbia and other Canadian properties, as Canadian exploration expenses qualifying as flow-through mining expenditures. Closing is subject to TSX Venture Exchange approval; Eventus Capital Corp. is a finder, and shares carry a four-month hold period.
FinancingSun Summit Drills Strongest Interval to Date at the Creek Zone: 81.0 Meters of 4.80 g/t Gold from 26 Meters Downhole, Including 14.0 Meters of 19.81 g/t Gold at the JD Project, Toodoggone District, B.C.
Drill hole CZ-25-021 at the Creek Zone, JD Project in B.C.'s Toodoggone district returned 81.0 meters of 4.80 g/t gold from 26.0 meters downhole, including 34.0 meters of 9.07 g/t gold and 14.0 meters of 19.81 g/t gold, with high-grade intercepts of 155 g/t over 1.0 meter and 101 g/t over 1.0 meter. The 2025 program comprised 15 holes totalling 5,110 meters, outlining a corridor of roughly 750 by 300 meters to about 150 meters depth. Assays from four Finn Zone holes and two Belle South holes are pending.
Drill results