Sun Summit Minerals

Financials:

Primary ticker: TSXV:SMN, OTCQB:SMREF
Stage of development: Exploration
Primary minerals: Gold, Silver, Zinc
Project to promote: The Buck Project
Project location: Canada
Website: sunsummitminerals.com

Corporate presentation: Click here

Corporate video: Click here

Sun Summit’s flagship Buck Project is a bulk-tonnage gold, silver, and zinc property located just south of the town of Houston in central British Columbia. The property has excellent developed infrastructure which allows year-round road accessible exploration, has favourable host rock, drill-ready targets, and is located in a mining-friendly jurisdiction. Exploration in 2022 aims to investigate the extent and continuity of high-grade and bulk-tonnage mineralization at Buck Main through additional drilling, potentially increasing the size of the discovery, in addition to advancing numerous other targets that provide additional discovery potential on the Buck property.
 

Cash: CAD$4.8M
Debt: NIL

 

Major shareholders:

Management Ownership – 11%

Management Profile

Ms. Sharyn Alexander – President
Ms. Alexander joined Sun Summit as Vice President, Technical Services, in 2019 and was appointed President in 2021. She is a qualified geologist with a 20-year background in the mining and metals sector and adds great value to the company with her diversified skillset within the industry. Through her experiences, Ms. Alexander has gained in-depth knowledge of the operational side of junior exploration companies in project management, business development, strategic planning, relationship building, social responsibility, investor relations, and marketing. She has worked with companies such as B2Gold, Barrick (Australia), and SRK Consulting.

What is your rationale for taking part 121 Mining Investment?

With substantial news flow expected in Q4 2022 and Q1 2023 we seek increased awareness, possible on market buying, potential future financing participants.

What recent news would you like to highlight to investors attending?

August – Property-wide Drill Permit Granted for Buck, September – Commencement of Expansion Drill testing program at Buck, September – Expanded Exploration Program to Advance Multiple New Targets at Buck.

What are your key goals for the next 3, 6 and 12 months?

3 Months:
Ongoing advancement and improved understanding of the existing Buck Main discovery to test its potential to be expanded and developed.

6 Months:
Ongoing exploration of other highly prospective, but underexplored areas, within the Buck property that have the potential to host additional mineralized deposits that can augment Buck Main and expand the overall size and potential of the Buck property.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Prevailing market sentiment

What do you think makes your company such a compelling investment?

In spite of current market conditions, SMN is well financed and equipped with the combined value of a known high-grade gold discovery and multiple highly prospective, yet underexplored, secondary zones for ongoing exploration and possible discovery. While many in the sector are paring back exploration budgets due to the current difficult for many to now access capital, Sun Summit is fully funded and poised for project advancement and a steady flow of news through the balance of 2022 and beyond.

What are the top 3 key investor takeaways? 

Year-round exploration access, existing infrastructure, blue-sky potential