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Tag: Sun Summit Minerals Inc.

Red Cloud | redcloudfs.com

Sun Summit Minerals Inc. (TSXV:SMN) – Drilling Expands the Trench Zone at Buck

Sun Summit announced additional results from another 6 of 18 drill holes, as part of its Phase 3 (~6,000m) drilling program at its 100%-controlled Buck property located in British Columbia. We view these results very positively as multiple high-grade zones and bulk-tonnage style Au mineralization has been intersected at the Trench and Horseshoe zones. Based on drill results to date, and recent share price performance, we believe continued exploration success could lead to a warranted and ongoing re-rating of its share price.

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Red Cloud | redcloudfs.com

Red Cloud’s 2021 Pre-PDAC Mining Showcase – Event Recap

From March 3-5, Red Cloud hosted its annual Pre-PDAC Mining Showcase, featuring over 70 presenting companies and 80+ speakers, attracting over 1,500 registered participants. This included keynote speakers Matt Watson, Director, Precious Metals Commodity Management LLC; and Steve Hanke, Professor of Applied Economics – Johns Hopkins University. We provide a quick recap of the highlights from the conference within this report for those who were unable to attend the live event.

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Red Cloud | redcloudfs.com

Sun Summit Minerals Inc. (TSXV:SMN) – Adding High-Grades to Buck

Sun Summit announced results from 10 drill holes, totaling ~4,100m, from its 100%-controlled Buck property located in British Columbia. Drilling has uncovered a high-grade Au zone in a previously untested area along with extensive, near surface Au and Ag mineralization at the Horseshoe zone, indicating bulk-tonnage potential. We view these results positively as it indicates a potential improvement in the economics along with the potential scale of the Buck project.

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