Press Release
Vancouver, British Columbia–(- May 26, 2026) – 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 Copper-Gold Project, Toodoggone Mining District, north-central British Columbia (the “Theory Project”).
The purpose of the 2026 exploration program is to build on the favourable 2025 sampling and mapping results using a combination of airborne geophysics (Mobile MagnetoTellurics (“MobileMT”)), geological mapping, prospecting and soil/silt and rock geochemistry, followed by possible ground IP (induced polarization) geophysical surveys across the most promising target areas. A priority focus will be on the BEV to Saboteur trend of strong copper mineralization with an emphasis placed on advancing the project to drill ready for 2027. Work in 2025 (see news release of the Company dated January 21, 2026) targeted the BEV, FRED (1-3 and DM), STIK, DAR, and SOUTH zones.
“Our second season at Theory is focused on prioritizing the strongest targets ahead of planned drill testing in 2027. The project’s proximity to JD and the active exploration environment across the Toodoggone make this a compelling next step for Sun Summit,” said Niel Marotta, CEO, Sun Summit Minerals.
The Theory Project:
The 9,676 hectare Theory Project borders Thesis Gold and Silver Inc.’s Ranch Project to the north and is located within 10 km to the northwest of Sun Summit’s JD Project (Figure 1). The project covers the northern extent of the significant Toodoggone district and is considered highly prospective for epithermal-related gold-silver mineralization and porphyry-related copper-gold mineralization. Reconnaissance-style exploration in 2025 resulted in the definition of numerous target areas (see news release of the Company dated January 21, 2026). These targets, which will be the focus for 2026, include:
Figure 1. Map of the Toodoggone District showing the location of the JD, Theory and Orbit Projects in relation to other development and exploration projects. Data sourced from Thesis Gold & Silver Inc., TDG Gold Corp. and Centerra Gold Inc.’s respective corporate websites. The qualified person has been unable to verify the information and that the information is not necessarily indicative to the mineralization on the property that is the subject of the disclosure.
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Airborne Survey
A project-wide airborne passive electromagnetic MobileMT survey is planned for early June to be conducted from the Company’s JD Exploration Camp. The survey comprises two areas (JD & Theory) totaling approximately 1,216 line-kms, to be acquired along 250m spaced survey lines (see Figure 2).
The objective of the survey is to image the subsurface resistivity to a depth of approximately 1km to 2km, dependent on the conductivity distribution of the local geology. Complementary VLF data, which provides near surface EM information, will also be provided, when available and dependent on signal strength.
The nominal flight altitude of the helicopter will be 140 -150 meters above the terrain. The nominal terrain clearance of the MobileMT bird will be 50 – 60 metres, depending on topography.
The data acquisition is expected to take approximately one week with data processing and quality control undertaken progressively in the field, with interim products available within 15 to 20 days after the completion of flying. This timing will allow an initial evaluation to help to target planned ground IP surveys of select targets.
The MobileMT survey will be completed by Expert Geophysics Surveys Inc. of Newmarket, ON, under the guidance of geophysicist, Andrei Bagrianski, P.Geo. The main instrumentation installed on the MobileMT towed-bird are three orthogonal induction coils to measure naturally occurring magnetic fields in the frequency range 25 Hz – 20,000 Hz; and a GPS antenna. A base station and field workstation will complement the survey.
Data products will include low, medium and high frequency apparent conductivity grids and maps, resistivity sections for each surveyed line, resistivity depth slices and 3D resistivity voxel plus VLF amplitude intensity data in various formats.
Field Work
Approximately 30 days of field work is planned from a fly camp on the Theory project. Work will include geological mapping/prospecting and rock, soil, silt geochemical sampling to improve definition from priority targets based on 2025 field results. Work will be conducted by Terralogic Exploration Inc. of Cranbrook, BC, with helicopter support from the Company’s JD Camp as required (see Figure 3).
IP Survey
Based on preliminary results from phases 1 and 2, an IP crew from Peter Walcott and Associates would be directed to complete ground IP geophysical surveys on priority targets. Up to 22 line-km of IP lines have been planned (see Figure 4).
Exploration activities are anticipated to being in early June and continue with intermittent steps into September.
Figure 2. Location of planned MobileMT survey on the Theory (north grid) and the JD (south grid) properties.
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Figure 3. Map showing priority target zones and planned field work for the 2026 season at the Theory Project.
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Figure 4. Map showing priority target zones and planned IP survey lines for the 2026 season at the Theory Project.
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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 & Silver’s Ranch-Lawyers Projects. The project is helicopter-accessible and recent road upgrades completed in 2023 by Thesis Gold & Silver has brought road access to within 8 kilometres of the southern boundary of the Theory Project. Sun Summit signed an option agreement with Eagle Plains Resources Ltd. to earn up to a 100% interest in 10,000 hectares of mineral claims in the highly prospective Toodoggone Mining District, British Columbia (the “Theory Project”, see news release dated March 17, 2025).
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 and Silver Inc.’s Lawyers and Ranch projects, TDG Gold Corp’s Baker-Shasta projects, Amarc Resource Ltd.’s AuRORA project, Centerra’s Gold Inc’s Kemess East and Underground projects, as well as the past-producing Kemess open pit copper-gold mine (Figure 1).
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 portfolio is anchored by its flagship JD Project, alongside the Theory Project, and Orbit Project in the prolific Toodoggone region of north-central BC, and the Buck Project in central B.C.
Further details are available at www.sunsummitminerals.com.
References
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
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