Sun Summit Provides Exploration Plan for Theory Project, in BC's Toodoggone District
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.
Sun Summit Minerals (OTCQB: SMREF) ha annunciato i suoi piani di esplorazione per il Progetto Theory nel distretto minerario di Toodoggone, nella British Columbia. La società mira a ottenere fino al 100% di interesse su 10.000 ettari di concessioni minerarie tramite un accordo di opzione con Eagle Plains Resources.
Il programma di esplorazione, che inizierà a fine agosto 2025, comprenderà la raccolta di dati, l'acquisizione di dati da telerilevamento e lavori sul campo che includono prospezione, mappatura geologica e campionamenti geochimici. Il progetto sarà gestito da TerraLogic sotto la supervisione di Eagle Plains.
Il Progetto Theory confina strategicamente con il Ranch Project di Thesis Gold ed è situato a meno di 10 km dal Progetto JD di Sun Summit, posizionando la società per un'espansione della sua presenza nella promettente regione di Toodoggone.
Sun Summit Minerals (OTCQB: SMREF) ha anunciado sus planes de exploración para el Proyecto Theory en el distrito minero de Toodoggone, Columbia Británica. La empresa busca obtener hasta un 100% de interés en 10,000 hectáreas de concesiones minerales mediante un acuerdo de opción con Eagle Plains Resources.
El programa de exploración, que comenzará a finales de agosto de 2025, incluirá la recopilación de datos, adquisición de datos de teledetección y trabajo de campo que consistirá en prospección, cartografía geológica y muestreo geoquímico. El proyecto será gestionado por TerraLogic bajo la supervisión de Eagle Plains.
El Proyecto Theory limita estratégicamente con el Ranch Project de Thesis Gold y se encuentra a menos de 10 km del Proyecto JD de Sun Summit, posicionando a la empresa para expandir su presencia en la prometedora región de Toodoggone.
Sun Summit Minerals (OTCQB: SMREF)는 브리티시컬럼비아의 투도고네 광산 지구에 위치한 Theory 프로젝트에 대한 탐사 계획을 발표했습니다. 회사는 Eagle Plains Resources와의 옵션 계약을 통해 10,000헥타르의 광물 채굴권에 대해 최대 100% 지분을 획득하는 것을 목표로 하고 있습니다.
탐사 프로그램은 2025년 8월 말에 시작될 예정이며, 데이터 수집, 원격 탐사 데이터 획득, 현장 작업(탐광, 지질 조사, 지구화학 샘플링)을 포함합니다. 이 프로젝트는 Eagle Plains의 감독 하에 TerraLogic이 관리할 예정입니다.
Theory 프로젝트는 전략적으로 Thesis Gold의 Ranch 프로젝트와 인접해 있으며, Sun Summit의 JD 프로젝트에서 10km 이내에 위치해 있어 투도고네 지역에서 회사의 입지 확장에 유리한 위치를 차지하고 있습니다.
Sun Summit Minerals (OTCQB : SMREF) a annoncé ses plans d'exploration pour le projet Theory dans le district minier de Toodoggone, en Colombie-Britannique. La société vise à acquérir jusqu'à 100 % d'intérêt sur 10 000 hectares de concessions minières via un accord d'option avec Eagle Plains Resources.
Le programme d'exploration, qui doit commencer à la fin août 2025, comprendra la compilation de données, l'acquisition de données de télédétection et des travaux de terrain comprenant prospection, cartographie géologique et échantillonnage géochimique. Le projet sera géré par TerraLogic sous la supervision d'Eagle Plains.
Le projet Theory borde stratégiquement le Ranch Project de Thesis Gold et se situe à moins de 10 km du projet JD de Sun Summit, positionnant la société pour étendre sa présence dans la région prometteuse de Toodoggone.
Sun Summit Minerals (OTCQB: SMREF) hat seine Explorationspläne für das Theory-Projekt im Bergbaudistrikt Toodoggone in British Columbia bekanntgegeben. Das Unternehmen strebt an, durch eine Optionsvereinbarung mit Eagle Plains Resources bis zu 100% Beteiligung an 10.000 Hektar Mineralansprüchen zu erwerben.
Das Explorationsprogramm, das Ende August 2025 beginnen soll, umfasst Datensammlung, Fernerkundungsdaten-Erfassung sowie Feldarbeiten, die Prospektion, geologische Kartierung und geochemische Probenahmen beinhalten. Das Projekt wird von TerraLogic unter der Aufsicht von Eagle Plains geleitet.
Das Theory-Projekt grenzt strategisch an das Ranch-Projekt von Thesis Gold und befindet sich weniger als 10 km vom JD-Projekt von Sun Summit entfernt, was dem Unternehmen eine erweiterte Präsenz in der vielversprechenden Toodoggone-Region ermöglicht.
- Strategic location bordering Thesis Gold's Ranch Project and near company's JD Project
- Potential to acquire 100% interest in 10,000 hectares of mineral claims
- Comprehensive exploration program including remote sensing and field work
- Early-stage exploration with no defined drill targets yet
- Results dependent on historical data verification
- Project success relies on third-party management (TerraLogic and Eagle Plains)
Vancouver, British Columbia--(Newsfile Corp. - August 5, 2025) - Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) ("Sun Summit" or the "Company") is pleased to provide an overview of its upcoming exploration program at the Theory Project, Toodoggone Mining District, north-central British Columbia (the "Theory Project").
The Theory Project borders Thesis Gold's Ranch Project to the north and is located within 10 km to the northwest of Sun Summit's JD Project. Sun Summit signed an option agreement (the "Option Agreement") with Eagle Plains Resources Ltd. to earn up to a
"It is exciting to embark on our first exploration season at the Theory Project. In recent days we have had a chance to visit potential targets of interest on the Theory Project and we look forward to beginning the initial work towards defining drill targets," said Niel Marotta, CEO of Sun Summit Minerals. "The Theory Project is very close to our flagship JD Project and we expect to benefit from the growing enthusiasm around the work being completed in the Toodoggone region by Sun Summit as well as other exploration activities on neighbouring properties in the district."
Theory Project Exploration Program
The primary exploration goals at the Theory Project are to identify future drill targets through the continued compilation of historical results, project-wide remote sensing data acquisition followed by a field program consisting of prospecting, geological mapping, and geochemical sampling.
As per the Option Agreement the work program will be managed by TerraLogic under the supervision of Eagle Plains as operator, and will include:
- Continued detailed data compilation including rectification of extensive surface sampling, and reconnaissance mapping by Taiga between 1986 to 1989.
- Acquisition of district- and property-scale remote sensing data: focusing on VNIR and SWIR bands used to identify mineral groups that are diagnostic of epithermal and porphyry deposit associated alteration.
- A field program consisting of prospecting, detailed geological mapping, and rock, soil and silt geochemical sampling to assess the mineralization potential of the Theory Project.
Timeline: Exploration activities are anticipated to begin in late August and continue into September.
Figure 1. Map of the Toodoggone District showing the location of the Theory Project and JD Project in relation to other development and exploration projects. Data sourced from Thesis, TDG and Centerra's corporate websites.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6142/261109_aa8ac4b424eddac7_001full.jpg
National Instrument 43-101 Disclosure and Disclaimer
This news release has been reviewed and approved by Sun Summit's Vice President Exploration, Ken MacDonald, P. Geo., a "Qualified Person" as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. Some technical information contained in this release is historical in nature and has been compiled from public sources believed to be accurate. The historical technical information has not been verified by Sun Summit and may in some instances be unverifiable dependent on the existence of historical drill core and grab samples. Historical results are no indication of future results.
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 Theory Project
The Theory Project comprises 23 mineral claims covering 9,676 hectares. The project is located in north-central B.C. within the Toodoggone Mining District, and is in close proximity with Sun Summit's JD Project. The project area shares similar geology to the JD Project and Thesis Gold's Ranch-Lawyers Projects. The project is helicopter-accessible and recent road upgrades completed in 2023 by Thesis Gold has brought road access to within 8 kilometres of the southern boundary of the Theory Project.
Geology in the Theory region is primarily comprised of lower Jurassic Hazelton Group volcanics (Toodoggone Formation, same host rock as the JD Project) which unconformably overlie late Triassic Takla Group volcanics. The entire package of volcanic and volcaniclastic rocks is intruded by late Triassic and early Jurassic stocks. The Jurassic-Triassic unconformity (~200 Ma), termed by the B.C. Geological Survey as the 'red-line', is observed throughout the Golden Triangle and Toodoggone regions to have a high spatial correlation to many known mineral deposits. The majority of the property encompasses this highly prospective contact.
About the JD Project
The JD Project is located in the Toodoggone mining district in north-central British Columbia, a highly prospective deposit-rich mineral trend. The project covers an area of over 15,000 hectares and is in close proximity to active exploration and development projects, such as Thesis Gold's Lawyers and Ranch projects, TDG Gold's Baker-Shasta projects, Amarc Resources' AuRORA project, Centerra Gold's Kemess East and Underground projects, as well as the past-producing Kemess open pit copper-gold mine.
The project is 450 kilometres northwest of the city of Prince George, and 25 kilometres north of the Sturdee airstrip. It is proximal to existing infrastructure in place to support the past-producing Kemess mine, including roads and a hydroelectric power line.
The JD Project is in a favourable geological environment characterized by both high-grade epithermal gold and silver mineralization, as well as porphyry-related copper and gold mineralization. Some historical exploration, including drilling, geochemistry and geophysics, has been carried out on the property, however the project area is largely underexplored.
About Sun Summit
Sun Summit Minerals (TSXV: SMN) (OTCQB: SMREF) is a mineral exploration company focused on the discovery, expansion and advancement of district scale gold and copper assets in British Columbia. The Company's diverse portfolio includes the JD and Theory projects in the Toodoggone region of north-central B.C., and the Buck Project in central B.C.
Further details are available at www.sunsummitminerals.com.
Link to Figures
On behalf of the board of directors,
Niel Marotta
Chief Executive Officer & Director
info@sunsummitminerals.com
For further information, contact:
Matthew Benedetto, Simone Capital
mbenedetto@simonecapital.ca
Tel. 416-817-1226
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 news release may include, but are not limited to the size and scope of the drill program at the JD Project and the Theory Project; the Company's exploration plans and timing of said plans; how certain work is to be managed and what that work is to include; market and stakeholder reaction to certain works; and the potential for positive findings, if any, from the drill program. These forward-looking statements are based on a number of assumptions which may prove to be incorrect which, without limiting the generality of the following, include: the Company's ability to complete the exploration plans as currently contemplated; risks inherent in exploration activities; the ability of the Company to find and verify any mineralization; volatility and sensitivity to market prices; fluctuations in metal prices. The forward-looking statements contained in this news release are made as of the date hereof or the dates specifically referenced in this news release, where applicable. Except as required by applicable securities laws and regulation, Sun Summit disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Further details about the risks applicable to the Company are contained in the Company's public filings available on SEDAR+ (www.sedarplus.ca), under the Company's profile.
Neither the TSX Venture Exchange (the "TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/261109