Teck – 9%
Commodity Capital – 7%
Management Ownership – 24%
Sun Metals is advancing its 100% owned flagship, high-grade Stardust Project located in northcentral British Columbia, Canada. Stardust is a high-grade polymetallic Carbonate Replacement Deposit with a rich history. Sun Metals also owns the Lorraine copper-gold project (joint-ventured with Teck Resources Limited), and the OK copper-molybdenum project.
Steve Robertson, President & CEO
Steve Robertson joined Sun Metals in November 2017 from Imperial Metals, a mid-tier mining company that has been involved in the development and/or operations of five mines, primarily in British Columbia. In 2013, Steve was appointed as Vice President, Corporate Affairs at Imperial with responsibilities including government relations, community relations, aboriginal affairs and corporate communications. As a member of the executive team, he was actively engaged in the planning and execution of strategies to meet Imperial’s corporate objectives.
What is your rationale for attending 121 Mining Investment?
Investor updates and developing company awareness.
What recent news would you like to highlight to investors attending?
May 11, 2020 – Announces Non-Brokered Private Placement of up to $1,000,000
February 21, 2020 – Announces 2020 Exploration Program
January 20, 2020 – Extends Plunge Length Of High-Grade Copper-Gold Massive Sulphide Discovery To 325 Metres In 421 Zone
What are your key goals for the next 3, 6 and 12 months?
Commence 2020 exploration program at Stardust Project, B.C.
What do you think makes your company such a compelling investment?
Stardust is a large mineralized system with true district potential. It features a 2.2-kilometre corridor of mineralization including four mineralization styles typical of a CRD system: porphyry, skarn, manto and epithermal vein. Stardust is one of the few CRD systems in the world with all CRD components fully intact. Having the ability to view the overall structure of the system provides us the opportunity to better predict how to most efficiently and successfully explore it.
Sun Metals is a TSX-V-listed company that’s advancing its 100%-owned flagship, high-grade Stardust Project located in northcentral British Columbia, Canada.
Stardust hosts one of the most significant, recent high‐grade copper‐gold discoveries in Canada, with a rich exploration history dating back to 1941. Northcentral British Columbia is a region that hosts a large geological endowment and supports numerous operating mines. The region also provides excellent exposure to capital markets, a deep pool of exploration professionals, a wealth of supporting services, and exceptional infrastructure with direct access to Pacific markets.
Approximately $25 million has been invested in exploration at Stardust previous to Sun Metals’ tenure. Activities undertaken include 80,000 metres of drilling over 390 holes, 5,800 soil samples, two airborne magnetic and extensive mapping and prospecting.
Stardust is a large mineralized system with true district potential. It features a 2.2km corridor of mineralization that includes four mineralization styles typical of a CRD system: porphyry, skarn, manto and epithermal vein. Stardust is one of the few CRD systems in the world with all CRD components fully intact. Having the ability to view the overall structure of the system provides the opportunity to better predict how to most efficiently and successfully explore it. Stardust’s existing Canyon Creek copper-gold skarn zone is open for expansion and contains a NI 43-101 resource.
In just two years, Sun Metals has realized significant discovery success at Stardust. In its first full season during 2018, its technical team intersected one of that year’s strongest discovery holes: DDH18-SD-421, which intersected 100 metres of 5.05% copper equivalent (CuEq). During 2019, the company delineated what is now known as the 421 zone, on its own one of the most significant recent high‐grade copper‐gold discoveries in Canada.
The company’s 2020 exploration program will focus on growing the high-grade 421 zone and exploring for similar thick high-grade, massive sulphide zones within this Carbonate Replacement Deposit (CRD) system. A $3.8 million program is planned, which will include approximately 12,000 metres of diamond drilling expected to begin in late spring with up to three drill rigs on site, as well as borehole electromagnetic geophysical surveys (BHEM) and continued geological studies.