Game Changing Find At BC Property
Sun Summit Minerals Corp. (TSXV: SMN) has announced the discovery of high-grade gold and silver mineralisation on the Buck Property, central British Columbia.
The 22,000 hectare property, approximately 12 km south of Houston, British Columbia, has excellent nearby infrastructure and allows for year-round road-accessible exploration. Sun Summit recently completed 4,180m of drilling in 10 diamond drill holes. Results from all holes are reported.
Highlights
- A significant high-grade Au discovery has been made in an area previously untested between the Horseshoe and Trench zones: BK20-012 intersected multiple high-grade Au intervals, 17 metres of 5.86 grams per tonne (g/t) Au including three metres of 23.05 g/t Au, and 7.5m of 10.19 g/t gold Au including 1.5m of 49.60 g/t Au. These new zones are open in all directions.
- Extensive zones of near-surface Au + Ag mineralisation characteristic of the Horseshoe Zone confirms the bulk-tonnage potential of the Buck property. BK20-006 intersected 46m of 1.12 g/t gold equivalent (AuEQ) including 24.7m of 1.69 g/t AuEQ and BK20-012 intersected 40.5m of 1.03 g/t AuEQ.
- All holes drilled to date intersected significant intervals of Au + Ag mineralisation and many holes ended in mineralisation. BK20-010 cut 8.1m of 1.25 g/t AuEQ and 5.6m of 1.95 g/t AuEQ near the bottom of the hole. BK20-012 ended in 12.7m of 1.05 g/t AuEQ.
CEO, Bob Willis, said the drill programme will resume this month with three primary objectives, 1) target new high-grade Au mineralisation peripheral to BK20-012, 2) drill new geophysical targets interpreted to be associated with Au mineralisation, and 3) expand drilling footprint in zones of near-surface bulk-tonnage style mineralisation.
“The discovery of several new zones of high-grade gold mineralisation is a complete game changer for our current exploration model at Buck. This is an important milestone for all Sun Summit’s shareholders as it demonstrates the existence of previously unrecognised high-grade gold mineralisation.
“Results from BK20-012 and its proximity to untested chargeability anomalies from our recently completed IP survey bode well for additional discoveries.
“This discovery of high-grade gold mineralization is the result of our technical team’s hard work to develop and apply new exploration models at Buck and I commend them on this discovery. Based on new interpretations, changes made during this programme included deeper drill holes with different orientations compared to historic drilling.
“Deeper holes succeeded in intersecting new gold zones below historic drill depths and most of these are wide open for expansion. Better hole orientations have encountered several significant gold intervals at or near surface.
“We are designing a follow-up drill program to expand on these new zones and to explore for more high-grade mineralization. Sun Summit is financed and permitted for this program that will start as soon as possible. Buck has no seasonality issues for drilling. We are very excited about these new developments and plan to hit this hard.”
The primary aim of the recent 2020 drill programme was to test the lateral and vertical extent of epithermal-related Au + Ag mineralisation outlined by previous drilling and new geological and structural mapping. Ten diamond drill holes totalling 4,180m were completed primarily focused on the Horseshoe and the Buck North zones.
