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Sun Metals Announces Start to 2018 Field Work

Mining News - Published on Mon, 18 Jun 2018

Image Source: plantminer.com.a
Sun Metals Corp announced that the launch of the 2018 field program at the Stardust project in north central British Columbia. The objective of the 2018 field program is to further explore and expand mineralization identified in a 2.2 kilometre corridor of polymetallic Carbonate Replacement System mineralization. Field work was initiated during the week of June 4 and an airborne VTEM / Magnetics survey is planned to begin within days. The 2018 work program will include:

1. Airborne VTEM and Magnetics survey (100 m line spacing)

2. Mapping and prospecting

3. Selective relogging and resampling of 80,000 metres of existing drill core

4. 15,000 metres of diamond drilling starting in August

Mr Steve Robertson, Sun Metals President and CEO stated that “Sun Metals has a great opportunity to explore the Stardust system with an aggressive and strategic field program. The high-grade nature of mineralization previously intersected in the skarn, manto and vein zones of the system are testament to the strength of the mineralizing system.”

Sun Metals started trading on May 8 under the symbol SUNM on the TSX Venture Exchange, concurrent with raising $6,447,100 which will be used to fund the Company’s proposed phase 1 exploration program on the Stardust Project, and for general working capital purposes.

Pursuant to an option agreement between Sun Metals and Lorraine Copper Corp, an Exchange listed issuer, Sun Metals has an option to earn a 100% interest in the Stardust Project, located in central British Columbia.

The Project hosts a polymetallic, carbonate replacement system with a rich exploration history dating back to 1944. The Project lies in north-central British Columbia, approximately 150 km north of Fort St. James. It consists of 20 contiguous claims totaling 9,583 hectares and is owned 100% by Lorraine Copper, subject to the Option.

There are 393 exploration drill holes on the Project that have revealed a 2.2 kilometre corridor hosting a large, coherent Carbonate Replacement System. Four distinct mineralization styles have been identified within the system, ranging from copper-molybdenum porphyry, copper-gold skarn, zinc-lead-silver mantos and silver-gold epithermal veins.

The Canyon Creek copper-gold skarn zone was the subject of a 2018, 43-101 compliant resource estimate published by the Company in January 2018. GeoSim Services Inc. provided the following estimate.

Meanwhile, Sun Metals is advancing its flagship Stardust project located in north central British Columbia, Canada. Stardust is a polymetallic Carbonate Replacement Deposit with a rich history. Sun Metals believes BC is a reliable jurisdiction with excellent exposure to capital markets, a deep pool of exploration professionals, a wealth of supporting services, and exceptional infrastructure with direct access to Pacific markets.

Source :

Posted By : Rabi Wangkhem on Mon, 18 Jun 2018
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