784 g/t Silver Hit Highlights New Gold-Silver Zone in BCs North

1. Sun Summit is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.
2. As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Sun Summit Minerals.
3. James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. 
4.  This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company. 

For additional disclosures, please click here.

1. Ownership and Share Structure Information

The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.

Sun Summit Minerals Corp. (SMN:TSX.V; SMREF:OTCQB) released assay results from its 2025 drill program at the Finn Zone of the JD Project in north-central British Columbia's Toodoggone Mining District. The company reported that four drill holes totaling 950 meters were completed in 2025, confirming near-surface gold-silver mineralization and identifying multiple high-grade intervals.

Drill hole FZ-25-002 returned 46.0 meters of 1.03 g/t gold with 44.9 g/t silver from 38.0 meters downhole, including 6.0 meters of 5.30 g/t gold and 157.9 g/t silver from 60.0 meters. Within this zone, a 1.0-meter interval graded 784 g/t silver with 6.79 g/t gold. According to the company, the interval was characterized by high-grade veins and hydrothermal breccias.

Drill hole FZ-25-004 intersected mineralization 160 meters down-dip from FZ-25-002, including 15.8 meters of 1.17 g/t gold with 9.12 g/t silver from 104.0 meters, with a subinterval of 7.0 meters grading 1.72 g/t gold and 15.3 g/t silver from 111.0 meters.

Drill hole FZ-25-001 also returned high-grade intervals, such as 0.51 meters of 2.6 g/t gold with 237.0 g/t silver from 38.3 meters and 0.50 meters of 22.9 g/t gold with 29.0 g/t silver from 65.0 meters. Drill hole FZ-25-003 intersected multiple low-grade intervals.

The company noted that mineralization is hosted in a volcaniclastic unit at the base of the Metsantan member of the Toodoggone Formation. It also stated that results are being incorporated into an updated 3D structural and mineralization model.

"Results from our late-season, modest, four-drill hole program at the Finn Zone in 2025 have exceeded expectations and firmly establish the zone as a high-priority target for significant drilling in 2026," said Niel Marotta, CEO of Sun Summit Minerals, in a company news release.

Gold-Silver-Copper Dynamics in Focus

In a report published on January 22,  GoldFix described a growing structural relationship between copper and silver, noting their "shared industrial DNA" in electrification applications such as EVs, grids, and renewable systems. The report stated that "roughly 70% of global silver supply comes as a by-product of copper, zinc, and lead mining," making silver "structurally dependent on copper investment cycles." GoldFix also observed that during inflationary and supply-shock periods, "copper and silver correlations rise sharply," and concluded that "falling copper mine economics and declining project pipelines imply future copper constraints, which mechanically restrict silver by-product output."

In a market commentary published on January 23, the RIA Team analyzed the statistical relationship between gold and silver price changes over a 50-day period. The authors wrote that "for every one percent increase or decrease in gold prices over the last 50 days, silver should increase or decrease by 1.2223%." They noted that silver had recently risen 97% compared to 20% for gold, calling it "a gross anomaly based on daily data since 1970." Using their regression model, they calculated that the fair value of silver was US$59.25, which they said represented "a 38% discount from current prices."

Later that same day, Stockhead reported that precious metals were reaching record highs amid rising geopolitical risk. According to the article, "silver, which was thrust into its fifth year of annual shortages in 2025 thanks to rising industrial demand largely from solar panels, is at US$98.64/oz." The publication also cited John Reade of the World Gold Council, who said, "gold should be looked at as strategic diversification that can protect against future shocks in the financial system." Reade added, "gold's role is not to predict the next shock, but to help portfolios endure whatever comes next."

External Evaluations of Drilling and Resource Goals

In late November, Jay Taylor of Gold, Energy & Tech Stocks commented on drill results from the JD Project, describing one intercept as "the strongest drill hole to date at the property." He cited an interval of 81 meters grading 4.8 g/t gold from 26 meters downhole, including 14 meters of 19.81 g/t gold, and noted that the mineralization extended high-grade, bulk-tonnage gold to an approximate vertical depth of 150 meters.

Following that, Couloir Capital reviewed the remaining assay results from the 2025 drill campaign at the Creek Zone. The firm highlighted hole CZ-25-021, stating it was "the strongest near-surface gold interval drilled to date at the Creek zone." According to Couloir, the hole returned 81 meters of 4.8 g/t gold starting at 26 meters, including a higher-grade core of 14 meters grading 19.81 g/t gold.

In early December, Brien Lundin of Gold Newsletter and Jefferson Financial assessed the company's development timeline, writing that its goal of delivering a maiden resource estimate within approximately 18 months "could compare well with the resources being delineated by their much bigger neighbors in the Toodoggone mining district." While Lundin acknowledged the target was ambitious, he stated that it "looks achievable to me," and rated the company a "Strong Buy near current levels."

Later that month, Lundin also addressed the impact of pending assay results on upcoming exploration plans. He wrote that the results "could further elevate the JD project's profile ahead of 2026 exploration planning," and described the stock as "one of the better buys in the market right now." At the time, he rated it a "Buy."

2026 Drill Program Targets Creek to Finn Corridor

Sun Summit plans to conduct a fully funded 10,000+ meter drill program at the JD Project in summer 2026. The company stated that the focus will include step-out and infill drilling at the Creek and Finn Zones and testing additional targets along the 4.5-kilometer Creek to Finn Corridor. According to Sun Summit, the objective of the program is to support an initial mineral resource estimate expected by Q2 2027.

Two drill holes totaling 811 meters were completed at the Belle South Porphyry target in 2025. The company reported that alteration assemblages intersected in both holes suggest proximity to a porphyry-related copper system. The holes returned weakly anomalous copper and elevated zinc values. According to the company, only a small portion of the 8.5-kilometer JD Porphyry trend has been tested, and additional geophysical surveys, mapping, and drilling are anticipated. Details of the 2026 porphyry-focused program will be released once surface geochemical and geophysical data are fully interpreted.

Results from the 2025 Finn Zone drill program are being integrated into a new 3D structural and mineralization model. The company stated that this model will guide the next phase of drilling at the target.

In December 2025, Sun Summit closed an oversubscribed CA$11.5 million private placement. The company stated that this financing fully funds its planned 2026 exploration program.

Sun Summit also reported that the 2026 drill program will contribute to an inaugural mineral resource estimate for the JD Project, which the company expects to release by Q2 2027. The estimate will include results from over 36,000 meters of historic drilling and 9,400 meters completed by the company in 2024 and 2025. 

Ownership and Share Structure ¹

6.9% of Sun Summit Minerals Corp is owned by management and insiders.

Sun Summit has a market cap of CA$45 million with 308.6 million free float shares and a 52-week range of CA$0.065 to CA$0.26.