Sun Peak Metals Corp. announced initial surface sample results from a rock-chip and grab sampling program at its 100%-owned Al Miyah project (234 km2). A total of 175 rock-chip and grab samples sourced from artisanal workings were collected from three target areas: Hishashat VMS Target, Al Miyah Main VMS Target and the newly identified Hilux Zone Gold Target.
The Hilux Zone comprises an approximately 6 kilometer north-south trend marked by artisanal mining, including hand-dug shafts and pits, excavations, and placer workings. Rock-chip sampling and material sourced from artisanal workings at Hilux returned up to 6.14 and 6.73 g/t gold, respectively. Property-wide sampling outside of known areas returned encouraging precious and base metal values.
Further work at the Al Miyah Property will comprise additional systematic geological mapping, trenching, rock and soil sampling, ground Time Domain Electromagnetic (TDEM), and detailed ground gravity surveys. The work reported in this news release is from the Al Miyah Project only, which has been conducted concurrently with exploration programs at Halahila, Safra, and the newly acquired licenses from the Round 9 Auction. The newly discovered Hilux Zone comprises an approximately 6 kilometer north-south trend marked by artisanal mining, including hand-dug shafts and pits, excavations, and placer workings.
Initial analytical results from rock-chip and grab sampling, and material sourced from artisanal workings returned very encouraging results, with values up to 6.73 g/t Au. Additional field studies at Hilux will include detailed geological mapping, rock and soil sampling, and induced polarization (IP) geophysical surveys to fully evaluate the potential of this new zone. Grab samples collected from Hishashat VMS Target returned up to 1.53% Cu, 1.45 g/t Au and 29.8 g/t Ag.
Additional grab and sub-crop samples collected 1.9 km and 0.7 km along trend to the south, returned encouraging values of 5.01 % and 0.93 % Cu, respectively, and are interpreted as copper-bearing stringer zones related to a Volcanogenic Massive Sulphide system (VMS). Previous sampling at Hishashat returned up to 4.53 g/t Au, 3.72% Cu and 42.2g/t Ag. Concurrently with the surface sampling and geological mapping program, a total of 600 ground TDEM stations were conducted over the Hishashat VMS Target trend and associated ground gravity high anomalies within a relatively flat sediment basin (wadi).
The Company considers results from the ground TDEM survey to be very encouraging, with follow up work including a trenching program designed to expose bedrock beneath sand covered areas. Additional work at Hishashat will include ground gravity infill stations and line extension stations to the east and south. Detailed geological mapping was conducted at Al Miyah Main, outlining 4 separate VMS gossan lenses over a 300m north-northwest trend.
Previous grab sampling from the VMS gossans returned up to 4.53 g/t Au, 3.72 % Cu, and 42.2 g/t Ag. Additional sampling by the Company at Al Miyah Main returned up to 0.94 g/t Au, 4.8 g/t Ag, 0.8 % Cu and 0.24 % Zn. The company is planning the first ever ground-gravity survey at Al Miyah Main, covering the full strike length of the zone, including potentially prospective areas to the north and south along its trend.
Sun Peak has also conducted initial regional reconnaissance prospecting on the Al Miyah Project. New target areas were identified by the exploration team, which include results up to 2.5 g/t Au from an approximately 1m wide alteration zone exposed in a hand-dug artisanal pit, and 1.49 % Cu from a malachite-stained diabase dyke. Follow-up work by the Company will include rock sampling and regional geological mapping to assess the mineral potential surrounding each area.
Property-wide airborne electromagnetic, magnetic, and radiometric surveys are planned immediately following final approval of permits.
