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Sun Summit Minerals Corp. reports mineral exploration developments for district-scale gold and copper assets in British Columbia. Company news centers on the JD Project and Theory Project in the Toodoggone region of north-central B.C., along with the Buck Project in central B.C.
Recurring updates include drill results from the Creek and Finn zones at the JD Project, gold-silver and copper mineralization, geological modeling, NI 43-101 technical reporting, metallurgical testwork, field programs, and warrant or financing-related capital actions tied to its public-company structure.
Sun Summit Minerals (OTCQB: SMREF, TSXV: SMN) announced a non-brokered private placement of up to $4 million, comprising charity flow-through shares at $0.145 per share and non-flow-through shares at $0.10 per share. The charity flow-through shares will qualify as flow-through shares under the Canadian Income Tax Act.
According to the company, proceeds will fund exploration at the JD, Theory, Buck and other potential Canadian properties, with an amount equal to the charity flow-through proceeds directed to eligible Canadian exploration expenses classified as flow-through mining expenditures. The financing is intended to expand the 2026 JD Project drill program from 10,000 metres to 15,000 metres, including an additional 2,000 metres at Creek and Finn and 3,000 metres at the Schmitt Zone. Closing is subject to TSX Venture Exchange approval, potential finder’s fees, and a four‑month hold period on all securities issued.
Eagle Plains Resources (TSX-V:EPL, OTCQB:EGPLF) reports that partner Sun Summit Minerals (TSX-V:SMN, OTCQB:SMREF) has mobilized crews for Phase 2 of the 2026 field program at the 100%-owned Theory copper-gold project in BC’s Toodoggone District. The three-phase 2026 program includes a completed 476 line-km MobileMT airborne survey, a 28-day mapping and geochemical campaign now underway, and up to 22 line-km of IP surveys over priority targets such as the Bev and Saboteur zones. The work, budgeted at approximately $700,000, is intended to define and rank drill targets for 2027. Eagle Plains remains project operator and uses Sun Summit’s JD camp for logistics. The company also applied to extend the expiry of 2,220,750 $0.30 warrants from August 2, 2026, to August 2, 2027, with the existing acceleration clause unchanged.
Sun Summit Minerals (OTCQB: SMREF) has mobilized crews for its 2026 field program at the Theory copper-gold project in the Toodoggone Mining District, BC. The 9,676-hectare property is under option from Eagle Plains Resources, allowing Sun Summit to earn up to a 100% interest.
The 2026 work includes a completed 476 line-km MobileMT airborne geophysical survey, a 28-day mapping, prospecting and geochemical program now underway, and up to 22 line-km of IP surveys over high-priority targets such as the Bev and Saboteur zones. According to Sun Summit, 2025 work outlined multiple copper-rich zones, including the Saboteur zone where 15 rock samples exceeded 1% Cu and select grab samples returned up to 4.78% Cu, 4.3 g/t Au and 3,150 g/t Ag in various zones. Results from the 2026 program will be used to prioritize targets for potential 2027 drilling.
Sun Summit (OTCQB: SMREF) reported progress on its 2026 exploration program at the JD Project in British Columbia’s Toodoggone District. Over 5,100 meters of drilling across 13 holes have been completed at the Creek zone, with nine additional holes planned to test near-surface high-grade and bulk-tonnage gold mineralization.
One drill rig has moved to the Finn zone, where up to 19 holes and ~5,100 meters of drilling are planned. A 740-line km MobileMT airborne survey over the project has been completed, with data due mid-July 2026. Results from the 2026 drilling are expected to support an inaugural mineral resource estimate targeted for Q1 2027. Drilling and complementary exploration are anticipated to continue into early October, and more than 1,400 core samples from Creek have already been shipped for assay.
Sun Summit (OTCQB: SMREF) has started a fully funded, 10,000 meter 2026 drill program at the JD Project in B.C.’s Toodoggone district. Drilling targets the Creek and Finn zones and is designed to support an inaugural mineral resource estimate planned for Q1 2027.
The program allocates up to 5,000 meters to each zone and is supported by a 740 line-kilometer MobileMT geophysical survey to refine existing targets and generate new ones. Sun Summit also granted 250,000 stock options at $0.15 to investor relations service providers.
Sun Summit (OTCQB: SMREF) outlined its 2026 exploration plan for the Theory copper-gold project in the Toodoggone district, BC. Work will build on 2025 sampling, focusing on the BEV–Saboteur copper trend and other defined targets, aiming to advance the project to drill-ready status for 2027.
The program includes a 1,216 line-km airborne MobileMT geophysical survey over JD and Theory, about 30 days of mapping and geochemical sampling from a fly camp, and up to 22 line-km of ground IP surveys on priority targets.
Sun Summit (OTCQB: SMREF) acquired a 51% ownership stake in the new Orbit Project in the Toodoggone Mining District, B.C., via low-cost staking. The 6,595-hectare property, jointly owned with Eagle Plains at 51/49%, expands Sun Summit’s district land package to over 31,500 hectares.
A definitive joint venture with Eagle Plains is planned by December 31, 2026, with Eagle Plains as operator. Reconnaissance work in 2025 collected 39 rock samples, including grab results up to 3.80 g/t Au, 130 g/t Ag and 0.964% Cu, supporting further exploration planning for 2026.
Sun Summit (OTCQB: SMREF) will begin a >10,000 metre 2026 drill program at the JD Project, Toodoggone, starting in early June.
Work will target the Creek and Finn zones to test grade, continuity and scale and to support an inaugural mineral resource estimate targeted for Q1 2027. Dahrouge USA has been engaged for the MRE.
Sun Summit (OTCQB: SMREF) filed an NI 43-101 Technical Report for the JD Project, Toodoggone District, B.C., effective Jan 23, 2026 (report dated Mar 4, 2026).
The report documents expanded epithermal and porphyry-related targets, confirms high-grade Creek and continuity at Finn, and recommends a two‑phase exploration program totaling CAD$10.86 million with 7,000 m in Phase 1 and 3,000 m in Phase 2.
Sun Summit (TSXV: SMN / OTCQB: SMREF) has begun an initial metallurgical test program at the JD Project, Toodoggone District, focused on Creek and Finn zones to inform preliminary flowsheet development for a potential bulk-tonnage mine.
Work includes four master composites, 20 interval composites (~302 kg total), gravity, flotation and cyanide leach testwork, and an estimated three-month testing timeline; an inaugural NI 43-101 resource is expected in Q1 2027.