Sun Summit Minerals Acquires 51% Ownership Share in the New Orbit Project, Toodoggone Mining District, B.C.

About this update from Sun Summit Minerals Corp.

Vancouver, British Columbia--(Newsfile Corp. - May 14, 2026) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) ("Sun Summit" or the "Company") is pleased to announce it has received confirmation from the British Columbia Ministry of Mining and Critical Minerals that 5 new mineral claims (collectively, the "Orbit Project") totaling 6,595 hectares (66 sq. km.) have been issued in the Toodoggone Mining District, approximately 18 km equidistant north of the Flagship JD property and east of the Theory Project. The Orbit Project claims are jointly owned 51/49% with the Company's exploration partner Eagle Plains Resources Ltd. (TSXV: EPL) (OTCQB: EGPLF) ("Eagle Plains") and steps are underway to jointly prepare an exploration program for the 2026 season. A formal agreement has been reached between Sun Summit and Eagle Plains whereby a definitive joint venture will be formed by December 31, 2026 to facilitate continued exploration on the property. Eagle Plains has been named the operator of the Orbit Project, and ownership will initially be split Sun Summit (51%) and Eagle Plains (49%). Planning is underway for a follow-up program in 2026 in conjunction with both the Company's Theory and JD projects. Highlights: Strategic, low-cost acquisition: Mineral rights were acquired by staking through Mineral Titles Online and issued under the new British Columbia Mineral Claims Consultation Framework. Property acquisition increases Sun Summit's Toodoggone footprint by ~6,600 hectares, creating an attractive district-scale property portfolio of over 31,500 hectares (315 sq. km.). Increased land position in the Toodoggone District: The Orbit Project straddles the Quesnellia and Stikinia terranes and is underlain by prospective Early Jurassic granodioritic rocks of the Pitman Batholith in fault contact to the west with Lower to Middle Jurassic sedimentary and volcanic rocks of the Hazelton Group of the Stikine Terrane. Rocks to the north and east may represent a roof pendant of quartz-feldspathic metamorphic gneiss of unknown age and affinity but possibly Ordovician. Significant exploration potential: Claim staking was predicated on a jointly funded remote sensing survey completed by partners Sun Summit and EPL covering a large footprint of the Toodoggone mining district, seeking to fingerprint the alteration signature of known mineral occurrences and map the prese...

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