Business
Sun Summit Significantly Expands Buck Project Area by Acquiring Adjoining Mineral Claims, Central British Columbia
Vancouver, British Columbia--(Newsfile Corp. - March 7, 2023) - Sun Summit Minerals Corp. (TSXV: ...
About this update from Sun Summit Minerals Corp.
[{"type":"text","content":"Sun Summit Significantly Expands Buck Project Area by Acquiring Adjoining Mineral Claims, Central British ColumbiaVancouver, British Columbia--(Newsfile Corp. - March 7, 2023) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) is pleased to announce that it has expanded its land position by staking 12 mineral claims totalling 9,086 hectares contiguous to its Buck Project. The new claims comprise two separate blocks along the western and southern borders of the Buck Project, increasing the total claim area to 42,781 hectares (Figure 1).Highlights:Acquired mineral claims in a highly prospective area: The claims are located in an area with highly prospective mineral potential, and are underlain by the Kasalka Group volcanics, host to the Buck Main mineralized system.Represents a significant increase in land position: The Buck Project area now covers a contiguous area of 37 mineral claims totalling 42,781 hectares (427.8 square kilometres), which represents an increase of 27%.New claims are under 100% control by Sun Summit: The new claims will be included in the existing Buck Project option agreement, which gives Sun Summit the exclusive right to acquire a 100% interest in the Buck Project[1].Field exploration to commence this summer: Prospecting, geological mapping, stream sediment and rock geochemical sampling will occur this summer across these new claims as well as at additional under-explored targets across the project area (see March 1, 2023, news release) focusing on evaluating the potential for similar lithologies, alteration and mineralization styles with Buck Main and other known mineral occurrences.Sharyn Alexander, Sun Summit's President noted: \"We are pleased to have successfully acquired new mineral claims adjacent to the western and southern boundary of the Buck Project land position. With the results of our recent property-wide field exploration, we see the potential of this area to host a variety of mineralization styles and feel that the addition of this strategic ground complements our land package. We are now one of the largest land holders in the emerging central British Columbia porphyry-epithermal belt which covers the Buck Project towards Surge Copper's Ootsa project to the southwest. This expanded exploration footprint provides an exciting opportunity to expand on the regional exploration program initia...