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Sun Summit Makes High-Grade Gold Discovery at Buck; Drills 17 Metres of 5.86 g/t Gold Including 3 Metres of 23.05 g/t Gold and 7.5 Metres of 10.19 g/t Gold Including 1.5 Metres of 49.60 g/t Gold
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2021) - Sun Summit Minerals Corp. (T...
About this update from Sun Summit Minerals Corp.
[{"type":"text","content":"Sun Summit Makes High-Grade Gold Discovery at Buck; Drills 17 Metres of 5.86 g/t Gold Including 3 Metres of 23.05 g/t Gold and 7.5 Metres of 10.19 g/t Gold Including 1.5 Metres of 49.60 g/t GoldVancouver, British Columbia--(Newsfile Corp. - January 5, 2021) - Sun Summit Minerals Corp. (TSXV: SMN) (OTC: SMREF) (\"Sun Summit\" or the \"Company\") is pleased to announce the discovery of high-grade gold (Au) and silver (Ag) mineralization on the Buck Property, central British Columbia. The 22,000 hectare property, approximately 12 kilometres south of Houston, British Columbia, has excellent nearby infrastructure and allows for year-round road-accessible exploration. Sun Summit recently completed 4,180 metres of drilling in 10 diamond drill holes. Results from all holes are reported.HighlightsA significant high-grade Au discovery has been made in an area previously untested between the Horseshoe and Trench zones: BK20-012 intersected multiple high-grade Au intervals, 17 metres of 5.86 grams per tonne (g/t) Au including 3 metres of 23.05 g/t Au, and 7.5 meters of 10.19 g/t gold Au including 1.5 metres of 49.60 g/t Au. These new zones are open in all directions. Extensive zones of near-surface Au + Ag mineralization characteristic of the Horseshoe Zone confirms the bulk-tonnage potential of the Buck property. BK20-006 intersected 46 metres of 1.12 g/t gold equivalent (AuEQ) including 24.7 metres of 1.69 g/t AuEQ and BK20-012 intersected 40.5 meters of 1.03 g/t AuEQ. All holes drilled to date intersected significant intervals of Au + Ag mineralization and many holes ended in mineralization. BK20-010 cut 8.1 metres of 1.25 g/t AuEQ and 5.6 metres of 1.95 g/t AuEQ near the bottom of the hole. BK20-012 ended in 12.7 metres of 1.05 g/t AuEQ.The drill program will resume this month with three primary objectives, 1) target new high-grade Au mineralization peripheral to BK20-012, 2) drill new geophysical targets interpreted to be associated with Au mineralization, and 3) expand drilling footprint in zones of near-surface bulk-tonnage style mineralization. Further details will be provided in an upcoming release.Note: Gold equivalent (AuEQ) is based on a 75:1 (Ag:Au) ratio. Intervals are downhole core lengths.True widths are unknown.Bob Willis, Sun Summit's CEO, stated: \"The discovery of several new zones of high-grade gold mineralization is a ...