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Sun Summit Minerals Corp Stock Price, News & Analysis

SMREF OTC

Welcome to our dedicated page for Sun Summit Minerals news (Ticker: SMREF), a resource for investors and traders seeking the latest updates and insights on Sun Summit Minerals stock.

Sun Summit Minerals Corp (SMREF) delivers focused mineral exploration in British Columbia's premier mining districts. This news hub provides investors and industry observers with timely updates on gold, silver, and copper project developments, drilling results, and corporate milestones.

Discover comprehensive coverage of SMREF's exploration programs, including technical updates from the JD and Buck Projects. Our repository features verified reports on diamond drilling campaigns, geophysical survey findings, and resource expansion efforts in the Toodoggone region.

Key updates include:
- Project-specific drilling results and assay data
- Strategic land acquisitions in British Columbia
- Technical reports on epithermal and porphyry targets
- Corporate developments and partnership announcements

Bookmark this page for direct access to SMREF's latest exploration progress, supported by geochemical analysis and systematic target generation. Stay informed about developments in one of Canada's most active mineral exploration sectors through our curated news collection.

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Sun Summit Minerals (OTCQB: SMREF) has expanded its 2025 exploration program at the JD Project in British Columbia by adding a second drill rig. The expansion follows significant results from hole CZ-25-007, which yielded 3.72 g/t gold over 78.0 meters. The company has increased its drilling program to over 5,500 meters, representing a 10% expansion from initial plans.

The exploration program focuses on three key areas: the Creek Zone, where follow-up drilling has commenced; the Finn Zone, targeting historical high-grade intercepts; and the Belle South Cu-Au porphyry target, where 900 meters of reconnaissance drilling across two holes has been completed. Assays are pending for ten additional drill holes totaling 3,340 meters at the Creek zone.

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Sun Summit Minerals (OTCQB: SMREF) has reported significant findings from its induced polarization (IP) survey at the JD Project in British Columbia's Toodoggone Mining District. The company has identified an impressive 8.5 km long chargeability-high anomaly along the McClair Creek alteration zone, substantially enhancing the project's copper-gold porphyry potential.

The survey, covering over 31-line kilometers across eight northeast-southwest oriented lines, revealed a broad anomaly spanning 8.5 by ~2 kilometers that remains open to the north and south. Notably, only 850 meters of the anomaly has been tested by drilling, with all five historic drill holes intersecting porphyry-related alteration and mineralization.

The company is currently conducting geological mapping and prospecting surveys, with additional soil survey data being compiled to refine drill targets. The McClair Creek anomaly is strategically located 17 km north of Amarc Resources' Aurora discovery.

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Sun Summit Minerals (OTCQB: SMREF) reported exceptional drilling results from its JD Project in British Columbia's Toodoggone Mining District. The first 2025 drill hole, CZ-25-007, intersected 78.0 meters of 3.72 g/t gold starting at 30.0 meters depth, including high-grade sections of 12.0 meters at 8.55 g/t gold and 19.1 meters at 7.50 g/t gold.

The interval contained multiple high-grade veins with visible gold, yielding impressive results including 31.84 g/t gold over 1.0m, 54.40 g/t gold over 1.0m, 67.80 g/t gold over 0.90m, and 98.80 g/t gold over 0.5m. This new mineralization zone remains open to the northwest, with follow-up drilling planned. Results from ten additional holes (3,340 meters) are pending.

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Sun Summit Minerals (OTCQB: SMREF) has provided an update on its ongoing 2025 exploration program at the JD Project in British Columbia's Toodoggone Mining District. The company has completed over 3,100 meters of drilling across ten holes at the Creek zone, with significant historical intercepts including 122.53 m of 2.11 g/t Au.

The company plans up to 2,000 meters of additional drilling at the Finn zone to evaluate high-grade gold-silver mineralization. Project-wide exploration activities include over 20 line-km of IP geophysics and the collection of over 1,600 soil samples. The fully funded $6 million exploration program aims to systematically advance and expand gold-silver targets at JD, with drilling results expected in the coming weeks.

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Sun Summit Minerals (OTCQB: SMREF) has announced its exploration plans for the Theory Project in British Columbia's Toodoggone Mining District. The company aims to earn up to 100% interest in 10,000 hectares of mineral claims through an option agreement with Eagle Plains Resources.

The exploration program, set to begin in late August 2025, will include data compilation, remote sensing data acquisition, and field work consisting of prospecting, geological mapping, and geochemical sampling. The project will be managed by TerraLogic under Eagle Plains' supervision.

The Theory Project strategically borders Thesis Gold's Ranch Project and is located within 10 km of Sun Summit's JD Project, positioning the company for expanded presence in the prospective Toodoggone region.

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Sun Summit Minerals (OTCQB: SMREF) has initiated its fully funded $6 million exploration program at the JD Project in British Columbia's Toodoggone Mining District. The company has commenced drilling with plans for over 5,000 meters of drilling across multiple zones.

The program includes up to 3,000 meters of drilling at the Creek Zone and up to 2,000 meters at the Finn Zone, targeting high-grade and bulk-tonnage gold mineralization. Previous drilling highlights include intercepts of 122.53 m of 2.11 g/t Au at Creek Zone and 35.7 m of 7.26 g/t Au at Finn Zone.

Additional exploration activities include over 20-line km of IP geophysics completed and over 1,000 soil samples collected. The program is expected to continue into September 2025.

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Sun Summit Minerals (SMREF) has launched its $6 million 2025 exploration program at the JD Project in British Columbia's Toodoggone Mining District. The program includes over 5,000 meters of drilling, with 3,000 meters planned at the Creek Zone and 2,000 meters at the Finn Zone. Historical drilling highlights include significant gold intercepts such as 122.53 m of 2.11 g/t Au at Creek Zone and 35.7 m of 7.26 g/t Au at Finn Zone. The project-wide exploration includes over 20 line km of IP geophysics along a 12 km porphyry trend, over 2,000 soil samples, and extensive geological mapping. The program, which is fully funded from a recent private placement, represents a significant expansion from 2024 with double the budget and drill meters planned. Drilling is expected to begin by mid-July 2025.
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Sun Summit Minerals (OTCQB: SMREF) has filed a NI 43-101 Technical Report for its Buck Main deposit in Central B.C., revealing significant mineral resources. The report highlights:

The Inferred Mineral Resources include 820,400 oz gold equivalent (AuEq) at a grade of 0.489 g/t AuEq, contained within 52.2 Mt. The Indicated Mineral Resources comprise 19,100 oz AuEq at a grade of 0.519 g/t AuEq within 1.15 Mt.

The near-surface deposit is constrained within an optimized open-pit shell using a 0.25 g/t AuEq cutoff. The resource estimate is based on 42,440 metres of drilling in 161 holes. The company achieved efficient discovery metrics with average drill costs of CAD $18 per ounce of AuEq. The deposit remains open for expansion in most directions and at depth.

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Sun Summit Minerals (OTCQB: SMREF) has finalized an option agreement with Eagle Plains Resources to acquire up to 100% interest in the Theory Project, a 10,000-hectare mineral claim package in British Columbia's Toodoggone Mining District. The acquisition will expand Sun Summit's footprint to 25,000 hectares, creating a district-scale project adjacent to Thesis Gold's Ranch Project.

The Theory Option Agreement includes terms to acquire 75% interest over four years through:

  • CDN $3,000,000 in exploration expenditures
  • CDN $250,000 in cash payments
  • Issuance of 750,000 shares
The remaining 25% interest can be acquired for CDN $1,000,000.

The Theory Project shows promising exploration potential with both epithermal-related gold targets and porphyry-related copper-gold targets. Historical exploration has revealed significant findings, including quartz-barite veins with up to 8.2 g/t Au and 195 g/t Ag, and a copper-in-soil anomaly spanning 1.6 by 2 kilometers with peak results of 920 ppm Cu.

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Sun Summit Minerals (TSXV: SMN, OTCQB: SMREF) has announced its inaugural Mineral Resource Estimate (MRE) for the Buck Project in central British Columbia. The Buck Main deposit contains:

- Indicated Resources: 19,100 gold equivalent ounces (18,300 oz gold, 158,000 oz silver) at 0.519 g/t gold equivalent within 1.15 million tonnes

- Inferred Resources: 820,400 oz gold equivalent (775,500 oz gold, 8,435,000 oz silver) at 0.489 g/t gold equivalent within 52.2 Mt

The near-surface deposit is constrained within an optimized open-pit shell using a 0.25 g/t AuEq cutoff. The resource estimation is based on 42,440 metres of drilling in 161 holes, with discovery costs averaging CAD $18 per ounce of AuEq. The deposit remains open for expansion in most directions and at depth.

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FAQ

What is the current stock price of Sun Summit Minerals (SMREF)?

The current stock price of Sun Summit Minerals (SMREF) is $0.13297 as of October 2, 2025.

What is the market cap of Sun Summit Minerals (SMREF)?

The market cap of Sun Summit Minerals (SMREF) is approximately 27.6M.
Sun Summit Minerals Corp

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