Announcement • Aug 27
Sun Summit Minerals Corp. announced that it has received CAD 4 million in funding On August 26, 2026, Sun Summit Minerals Corp. closed its non-brokered private placement, through the issuance of 20,689,656 charity flow-through common shares in the capital of the company at a price of CAD 0.145 per Charity FT Share; and 10,000,000 non-flow-through common shares in the capital of the company at a price of CAD 0.10 per NFT share, for aggregate gross proceeds to the company of CAD 4,000,000. In connection with the private placement, the company paid aggregate finder's fees of CAD 110,850 (CAD 50,700 of which through the issuance of 507,000 NFT shares at a price of CAD 0.10 per NFT share), and granted an aggregate of 1,108,500 non-transferable finder warrants of the company to arm's length finders of the company, comprised of 925,500 finder warrants in respect of the Charity FT shares, each exercisable to purchase one common share in the capital of the Company at a price of CAD 0.145 per common share; and 183,000 finder warrants in respect of the NFT shares, each exercisable to purchase one common share at a price of CAD 0.10 per common share. Each Finder Warrant is exercisable until August 26, 2028. The private placement is subject to the final approval of the TSX Venture Exchange. The securities issued in the private placement are subject to a hold period expiring on December 27, 2026, in accordance with applicable securities laws. Announcement • Aug 08
Sun Summit Minerals Corp. announced that it expects to receive CAD 4 million in funding Sun Summit Minerals Corp. has announced non-brokered private placement offering to issue charity flow-through common shares at the price of CAD 0.145 per charity FT share and Non-flow-through common shares at the price of CAD 0.10 per NFT Share for aggregate gross proceeds of CAD 4,000,000 on August 6, 2026. The closing of the Private Placement is subject to certain closing conditions, including the approval of the TSX Venture Exchange. The company may pay finder's fees in cash or securities to certain arm's length finders engaged in connection with the Private Placement, subject to the approval of the TSXV. The Securities issued pursuant to the Private Placement will be subject to a four-month hold period in accordance with applicable securities laws. Announcement • Jul 25
Sun Summit Minerals Corp. Commences 2026 Fieldwork At Theory Copper-Gold Project in Toodoggone Mining District, British Columbia Sun Summit Minerals Corp. announced that it has mobilized exploration crews to commence 2026 fieldwork at the Theory copper-gold project, north-central British Columbia. The 9,676 hectare Theory Project borders Thesis Gold & Silver Inc.'s Ranch Project to the north and is located within 10 kilometers to the northwest of Sun Summit Minerals Corp.'s JD Project. Sun Summit Minerals Corp. signed an option agreement with Eagle Plains Resources Ltd. to earn up to a 100% interest in the project, located in the highly prospective Toodoggone Mining District. The planned 2026 fieldwork includes three phases: a 476-line kilometer Airborne MT geophysical survey (complete), a 28-day field program (underway) including prospecting, geological mapping, and geochemical sampling, and Induced Polarization geophysical surveys on select targets. A total of 476 line-kilometers airborne magnetotelluric survey was completed in June at a nominal line spacing of 250 meters. The data will image subsurface resistivity and help locate causative intrusions and possible conduits for mineralization. Phase 2 fieldwork will include mapping/prospecting and rock, soil, silt geochemical sampling, with crews based out of helicopter supported fly camps. Work will focus on the detailed evaluation of targets identified by 2025 fieldwork, assessment of areas of interest generated by the MobileMT survey, and ongoing target generation and assessment in underexplored areas of the property. Phase 3 will include up to 22-line kilometers of IP surveys over high priority target areas, including Bev and Saboteur zones. The results from the 2026 work program will be analysed and modelled to identify and prioritize targets for 2027 drill testing. Fieldwork will be managed by TerraLogic Exploration Inc. of Cranbrook, BC, with helicopter and logistical support from Sun Summit Minerals Corp.'s JD Camp as required. The fieldwork has commenced and is expected to continue into September. Highlights from 2025 Field Program 2025 work included: Data Compilation with rectification and analysis of historical surface sampling and reconnaissance mapping. Remote Sensing Acquisition of district-and property-scale datasets, focusing on VNIR and SWIR bands to identify mineral groups diagnostic of epithermal and porphyry alteration. Field Program consisting of prospecting, detailed geological mapping, and systematic rock, soil, and silt geochemical sampling on targets identified through data analyses. Saboteur Zone: New high grade copper discovery 3km long zone of copper mineralization associated with coincident magnetic high transition zone and strong radiometric potassic alteration anomaly 15 rock samples returned over 1% Cu Grab sample LSTHR040: 4.78% Cu, 0.635 g/t Au, 49 g/t Ag Grab sample JBTHR059: 4.0% Cu, 0.596 g/t Au, 61 g/t Ag Grab sample MHTHR037: 3.3% Cu, 4.3 g/t Au, 121 g/t Ag; BEV Zone: Broad copper soil and silt geochemical anomaly associated with multiphase alteration Grab sample BLTHR029: 1.44% Cu, 0.043 g/t Au, 12.8g/t Ag; Fred-DM-DMR Zone: 1.6 km x 3km zone of copper mineralization associated with barite veining Grab sample BLTHR051: 6.42% Cu, 0.088 g/t Au, 99 g/t Ag; Grab sample JBTHR008: 0.65% Cu, 12.6 g/t Au, 3150 g/t Ag; Petrographic analyses of 2025 samples identified strong epidote-chlorite-carbonate alteration directly associated with hypogene copper mineralization (chalcopyrite - bornite - chalcocite). This type of mineralization and alteration assemblage is interpreted to represent the inner shell of a porphyry system, which may indicate a proximal source for some of the Theory Project mineralization.