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. Announcement • Jul 14
Sun Summit Minerals Provides Exploration Update from the Jd Project in Bc's Toodoggone District Sun Summit Minerals Corp. has provided an update from its ongoing project-wide 2026 exploration program at the Company's JD Project, Toodoggone Mining District, north-central British Columbia. Over 5,100 meters of drilling have been completed across thirteen holes at the Creek zone using two drill rigs, with an additional 9 holes planned. The holes were designed as both step-out and infill drill holes to investigate the extent and continuity of near-surface, high-grade and bulk-tonnage gold mineralization. Highlight intercepts from 2025 drilling at the Creek zone include 81.0 meters of 4.80 g/t gold, including 34.0 meters of 9.07 g/t gold in drill hole CZ-25-021. One drill rig has been moved to the Finn zone where up to nineteen drill holes are planned. The holes were designed as step-out, infill and exploration drill holes to investigate the extent and continuity of near-surface bulk-tonnage gold-silver mineralization. Highlight intercept from 2025 include 17.0 meters of 2.31 g/t gold with 113.1 g/t silver, including 6.0 meters of 5.30 g/t gold with 157.9 g/t silver in drill hole FZ-25-002. Results from the completed 2026 drill program are expected to contribute to an inaugural mineral resource estimate planned for the First Quarter of 2027. Project-wide exploration activities focused on drill target refinement are ongoing, including 740-line km of Mobile MagnetoTelluric (MobileMT) airborne geophysical survey completed across the JD Project at a nominal line spacing of 250 meters designed to investigate the scale of alteration zones of known targets as well as identify new target areas. Final data deliverables are expected in mid-July 2026. Additional Induced polarization (IP) geophysical surveying will be planned subject to refinement of targets once the MobileMT survey data has been received and integrated into the property-wide geophysical compilation with particular emphasis along the JD Porphyry Trend. Geological mapping, geochemical and geochronological studies are ongoing across the greater JD Project with the aim of refining the ages and controls on the epithermal and porphyry systems. These data will be used to place key magmatic and mineralization events at the JD Project into the greater Toodoggone district metallogenic framework. The primary exploration goals at JD in 2026 are to advance and expand the Creek and Finn gold-silver targets with the aim to prepare an inaugural mineral resource estimate by the First Quarter of 2027. In addition, geological mapping, new geochronological age dating and airborne MobileMT geophysical data will assist to generate and refine new priority targets across the project. New priority targets have been identified along the highly prospective 4.5 km long epithermal-related Finn to Creek corridor, as well as the 12 km long JD Porphyry trend. Over 5,100 meters of drilling has been completed at the Creek zone with holes collared along the known 500-meter northwest-southeast trend. Drill holes are designed to investigate the extent and continuity of near-surface, high-grade and bulk-tonnage gold mineralization. Individual holes are designed to systematically test the vein-controlling structures on 60-meter pierce-points covering a strike-length of over 500 meters and a down-dip extent of over 200 meters. The first hole of 2026 at the Finn Zone has been collared, and drilling is underway. Up to 5,100 meters of drilling is planned at the Finn zone with holes designed to investigate the down-dip, strike extent and continuity of near-surface, high-grade and bulk-tonnage gold-silver mineralization. Drilling at Finn is designed to investigate the structural and/or lithological controls on deeper gold-associated, silver-rich mineralization and probe potential feeder zones at depth. Drilling and complementary exploration activities are anticipated to continue into early October. Drill core samples from the first five holes at Creek zone have now been submitted to the lab for assay analyses. Results will be released once compiled and interpreted. The JD Project is located in the Toodoggone mining district in north-central British Columbia, a highly prospective deposit-rich mineral trend. The JD Project covers an area of over 15,000 hectares and is in close proximity to active exploration and development projects, such as Thesis Gold and Silver Inc.'s Lawyers and Ranch projects, TDG Gold Corp.'s Baker-Shasta projects, Amarc Resource Ltd.'s AuRORA project, Centerra's Gold Inc.'s Kemess East and Underground projects, as well as the past-producing Kemess open pit copper-gold mine. The project is 450 kilometres northwest of the city of Prince George, and 25 kilometres north of the Sturdee airstrip. It is proximal to existing infrastructure in place to support the past-producing Kemess mine, including roads and a hydroelectric power line. The JD Project is in a favourable geological environment characterized by both high-grade epithermal gold and silver mineralization, as well as porphyry-related copper and gold mineralization. Some historical exploration, including drilling, geochemistry and geophysics, has been carried out on the property, however the project area is largely underexplored.