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Sun Summit makes Buck discovery

Sun Summit Minerals has announced the discovery of high-grade gold and silver mineralisation on its Buck property in British Columbia, Canada, following a 4,180m drilling programme.
Sun Summit makes Buck discovery Sun Summit makes Buck discovery Sun Summit makes Buck discovery Sun Summit makes Buck discovery Sun Summit makes Buck discovery

Sun Summit Minerals geologists at Buck in British Columbia, Canada

Staff reporter

The discovery in a previously untested area between the Horseshoe and Trench zones included a drill intercept of 17m grading 5.86 grams per tonne of gold including 3m grading 23.05g/t Au. All 10 holes drilled to date have intersected gold and silver mineralisation with many holes ending in mineralisation.

"The discovery of several new zones of high-grade gold mineralisation is a complete game-changer for our current exploration model at Buck," said Sun Summit Minerals CEO Bob Willis.

Drilling is due to resume this month with the objective of targeting high-grade mineralisation peripheral to previous drilling, testing new geophysical targets and expanding the drilling footprint in zones of near-surface bulk-tonnage style mineralisation.

Shares in Sun Summit Minerals are trading at C55c, valuing the company at $27 million.