Slide 1: A Canadian mineral exploration company focused on the Buck Project
Photo credit Cooper Campbell Equity Exploration A Canadian mineral exploration company focused on expanding its gold-silver-zinc discovery at the Buck Project in central British Columbia MAY 2023| SUNSUMMITMINERALS.COM | TSX-V: SMN | OTCQB: SMREF
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS Forward-Looking Information Statements contained in this presentation that are not historical facts are forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by
Slide 3: Project Highlights
Project Highlights FLAGSHIP PROPERTY – Buck Project Intermediate sulfidation epithermal-related gold-silver-zinc system BUCK High-grade gold discovery – 49.6 g/t Au over 1.5 metres (BK20-012) • Bulk tonnage-style mineralization – 1.07 g/t Au over 109 metres (BK21-017) Money in the ground – Pro
Slide 4: Buck Project District Scale Potential
Buck Project District Scale Potential • Mining-friendly jurisdiction Aurwest Resources Teck BUCK PROJECT • Close proximity to formerly producing mines: EQUITY Vizsla Copper Copper SILVER • Equity Silver Mine (Newmont-Goldcorp) Mountain Finlay Equity Minerals • Huckleberry Copper Mine (Imperial Metal
Slide 5: Buck Project Location & Infrastructure
Buck Project Deep sea port Location & Infrastructure Prince Rupert (4.5 hr drive) Large 43,000 ha / 430 km2 property Near Houston, B.C., 100% controlled Houston 20 min drive Smithers 1 hr drive Existing infrastructure Major highway, roads, power, rail, gas line Hwy 16 Direct access to target area be
Slide 6: Buck Main Target
Buck Main Target BUCK Significant size and scale potential, mineralization remains open in all directions Drill Target Areas MAIN Recent drill program focused on expanding the footprint of near-surface bulk tonnage- style mineralization Strong expansion potential to west, north and south Long
Slide 7: Buck Main Progression From 2020 to 2022
Buck Main Progression ~400% expansion of mineralized envelope over 3 yrs From 2020 to 2022 Based on Sun Summit’s drill programs 2020 Drilling 2021 Drilling 2022 Drilling 15 holes for 6,000 m 66 holes for 23,500 m 84 holes for 30,600 m (total drilling) (total drilling) (total drilling) Plan View (Loo
Slide 8: Buck Main Project vs Blackwater Gold Project
Buck Main Project vs Similarities between Buck & Blackwater: Blackwater Gold Project • Deposit Model: Intermediate sulfidation epithermal Au-Ag systems • Metal association: Strong sphalerite (zinc) association; large Zn Buck Project – Hosted by highly prospective geological geochemical anomalies; us
Slide 9: Additional Targets Potential for Discovery
Versatile Time Domain Electromagnetics (VTEM) Additional Targets Dungate Potential for Discovery Buck South North Multiple under-explored targets within 43,000 ha Cabin Silverthorne tenure package (CC, Gossan West, Buck West) BUCK Property-wide VTEM geophysical survey, followed up MAIN with an I
Slide 10: Additional Targets IRK
Additional Targets Soil Geochemistry (Zinc Z-scores) IRK BUCK MAIN Extensive geochemical and geophysical footprint Anomalous silver, zinc, lead and copper IRK in soil samples together with rock samples; 640 ppm Cu 0.1% Zn Up to 95 g/t Ag, 2.4% Cu, 724 ppm Pb, and 1.7% Zn 0.1% Zn 25 ppm Ag 2.4%
Slide 11: Additional Targets Eagle Eye
Additional Targets BUCK Eagle Eye MAIN Strong coincident geophysical anomalies; high-chargeability from IP and high- resistivity from VTEM Associated with outcropping quartz- sericite-pyrite (phyllic) altered volcanic and intrusive rocks Drill Also coincident with a broad magnetic- Target high
Slide 12: Additional Targets Buck Main - Silverthorne
Additional Targets Buck Main - Silverthorne BUCK Target Subtle NW-SE trending lineaments which MAIN Areas broadly follow the mineralization trend at Buck Main along the Buck Structural Corridor Characterized by local outcropping zones of strong epithermal-style alteration and local polymetallic
Slide 13: Additional Targets Morice Mountain
Additional Targets BUCK Morice Mountain MAIN Anomalous gold+silver in silt samples from eastern drainages on Morice Mountain; Including 260 ppb Au, 60 ppb Au 250 ppb Au, 600 ppb Ag Values are well above background based on regional MORICE stream sediment sampling MOUNTAIN 260 ppb Au programs 6
Slide 14: Additional Targets Dungate South
Additional Targets BUCK Dungate South MAIN Highly anomalous gold in stream sediment (silt) samples from two separate creeks; 730 ppb Au Including 830 ppb Au and 730 ppb Au DUNGATE SOUTH Samples were collected in an area of mapped Kasalka Group 830 ppb Au volcanic rocks (host rock group at Buck
Slide 15: Buck Project Proposed 2023 Exploration Program
Buck Project Surface Soil Geochemistry (Zn) Dungate Proposed 2023 Exploration Program Sampling Buck South Ground North Geophysics Step-out drilling at Buck Main Cabin Silverthorne (CC, Gossan West, Drilling Surface sampling and ground geophysics at high-priority Buck West) BUCK targets; advance
Slide 16: Buck Property Milestones
2023 Buck Property FUTURE WORK ON BUCK Milestones Blue sky potential • Expansion drilling at Buck Main • Additional exploration drilling • Geostructural studies 2021 • Potential for additional discoveries TOTAL DRILLING 84 holes DISCOVERY EXPANDED 30,000 m Confirmed discovery, expanded mineralized f
Slide 17: Building Value Through ESG
Sun Summit Minerals Building Value Through ESG Environmental Stewardship Social Engagement Corporate Governance Exploration carefully managed to achieve Establish and maintain strong relationships Corporate policies and governance high environmental standards with local communities and Indigen
Slide 18: Share Structure
Share Structure Insiders Ownership 11% Outstanding Shares 77,490,213 Warrants 13,122,512 Institutional / Funds 49% 25% Options 6,728,333 Retail Fully Diluted 97,341,058 Share structure as of February 23, 2023 15% HNW 52 week high/low $0.33/$0.10 Market Capitalization ~$9 Million TSX.V: SMN OTCQB: SM
Slide 19: Management & Advisors
Sun Summit Minerals Management & Advisors Proven Track Record Over 100 Years A Modern Approach in shareholder wealth creation collective mining experience to mineral discovery through innovative exploration methods Management & Advisors Directors Sharyn Alexander, M.Sc. | President R. Stuart (Tookie
Slide 20: Upcoming Catalysts / Value Proposition
Sun Summit Minerals Why Invest? Upcoming Catalysts Value Proposition AWAITING DRILL ASSAYS FROM HIGH-PRIORITY DRILL TARGETS outside the Buck Main system: IRK and Eagle Eye Flagship Buck Excellent Year-Round SIGNIFICANT DISCOVERY POTENTIAL Au-Ag-Zn Project Infrastructure Exploration Access ACROSS THE
Slide 21: Buck Property Acquisition Terms to Earn 100%
Buck Property Acquisition Terms to Earn 100% Upon signing at Exchange approval (October 9th, 2019): $25,000 cash | 250,000 shares On track to acquire 100% ownership Currently in 4th year of option agreement First Anniversary October 9, 2020: $25,000 cash | 400,000 shares • Sun Summit has paid $1
Slide 22: Contact
SUNSUMMITMINERALS.COM TSX-V: SMN | OTCQB: SMREF Sharyn Alexander, M.Sc. President salexander@sunsummitminerals.com Corporate Office: Suite 800 – 889 West Pender Street Vancouver, BC V6C 3B2 Canada