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Highlights
Significant data compilation has defined priority targets: An ongoing comprehensive review and compilation of property-wide historical data has resulted in the definition of multiple new target areas, including mineralization expansion potential within the
High-grade gold and silver mineralization in historical drill holes at Finn: Results from historical drilling highlight the high-grade gold-silver potential of near-surface epithermal-related mineralization at the Finn zone. Select drill highlights include: 35.7 m of 7.26 g/t Au including 1 m of 215.4 g/t Au (JD95-0471) 22.0 m of 12.5 g/t Au including 0.8 m of 171.5 g/t Au (JD95-0642) 25.9 m of 6.42 g/t Au including 6.1 m of 12.8 g/t Au (JD94-0151) 22.0 m of 6.32 g/t Au including 12.6 m of 10.8 g/t Au (JD12-0032) 27.8 m of 6.64 g/t Au including 11.0 m of 15.1 g/t Au (JD95-0972)
Multiple target areas defined for follow-up drill testing: The footprint of mineralization at the Finn zone remains open in most directions, and historical data review identified numerous priority areas for initial drill testing to better define the extent of mineralization along-strike, down-dip and at depth. In addition, many historical drill holes were selectively sampled and the current data review suggests that many of these unsampled areas were in prospective geology.
Note drill intervals are downhole core lengths. True widths are unknown.
'We are very excited to have commenced the compilation and review of historical exploration data from across the
JD Project Overview
The Company is currently compiling, digitizing, and interpreting all historical exploration data collected since the early 1970s and reported in over 70 public assessment reports. This data compilation will represent a critical component to ongoing target selection and prioritization. Exploration data includes approximately 16,000 soil samples, 2,000 rock samples, 130 trenches, over 330 drill holes, and numerous ground- and airborne-based geophysical datasets.
Most of the historical drilling at the
The core of the Finn zone consists of strongly silica+clay+sericite altered polymictic breccias, locally cemented with quartz and mineralized with pyrite with lesser sphalerite, galena, and chalcopyrite. Peripheral to the high grade core, epithermal-related alteration grades into sericite+chlorite+pyrite and more distal epidote+chlorite+/-hematite assemblages.
Most of the drilling from the 1990s at the Finn zone targeted the higher-grade core covering a footprint of approximately 300 metres by 100 metres within which drill holes were mostly collared on 25 metre centres. Although drilling, logging and surveying methods were completed to industry standards, core sampling was locally selective and left significant gaps in sampling. Some drill holes ended in Au-Ag mineralization and were not followed up with additional drilling. More recent drilling in 2012 and 2013 tested the margins of the Finn zone and extended the zone of mineralization down-dip for 350 metres and along strike for 500 metres.
Based on this review of historical drilling at the Finn zone, numerous priority areas for initial drill testing have been defined. These include:
Infill drilling near the center of the high-grade core to verify historical grades, confirm structural controls while drilling deeper to investigate the geometry and grade of the locally strongly mineralized footwall zone (e.g., JD12-009).
Step-out drilling down-dip towards hole JD12-015 to investigate mineralization continuity and to explore for additional higher-grade zones.
Step-out drilling along-strike towards hole JD13-024 to systematically test the low-angle fault zone for additional Finn zone-style high-grade gold-silver mineralization.
National Instrument 43-101 Disclosure
This news release has been reviewed and approved by Sun Summit's Vice President Exploration,
Community Engagement
Sun Summit is engaging with First Nations on whose territory our projects are located and is discussing their interests and identifying contract and work opportunities, as well as opportunities to support community initiatives. The Company looks forward to continuing to work with local and regional First Nations with ongoing exploration.
About the
The project is 450 kilometres northwest of the city of
About Sun Summit
Contact:
President
Email: info@sunsummitminerals.com
Tel. 416-817-1226
Email: mbenedetto@simonecapital.ca
Forward Looking Information
Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. In addition, the forward-looking statements require management to make assumptions and are subject to inherent risks and uncertainties. There is significant risk that the forward-looking statements will not prove to be accurate, that the management's assumptions may not be correct and that actual results may differ materially from such forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking statements. Generally forward-looking statements can be identified by the use of terminology such as 'anticipate', 'will', 'expect', 'may', 'continue', 'could', 'estimate', 'forecast', 'plan', 'potential' and similar expressions. Forward-looking statements contained in this press release may include, but are not limited to, potential mineralization on the
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