Sun Metals Corp. is pleased to announce that initial drilling results from the 2020 Stardust exploration program have established continuity between the 421 and Canyon Creek zones along a 900 metre corridor of continuous high-grade copper-gold mineralization. The 100% owned Stardust project is located in northcentral B.C. Drill hole DDH20-SD-457M [...]
Sun Metals Corp. and the Takla First Nation are pleased to announce a new Exploration Agreement for Stardust, a project located within the traditional lands of Takla in northcentral B.C. Sun Metals is also pleased to provide an update on its exploration program at Stardust, a high-grade copper-gold mineralized system with district potential. The [...]
Sun Metals Corp. is pleased to announce that drilling has commenced at Stardust, the Company's 100% owned, high-grade copper-gold project located in northcentral B.C. Three diamond drill rigs are currently onsite and actively drilling. Our fully funded 2020 $3.8 million exploration program is focused on expanding the high-grade 421 zone at [...]
Grants Incentive Stock Options Sun Metals Corp. announces the results of voting at its virtual Annual General Meeting of Shareholders held Thursday, June 11, 2020. A total of 38,103,235 common shares were voted, representing 25.74% of total shares issued and outstanding as at the record date of the meeting. Shareholders voted in favour of all items [...]
Sun Metals Corp. is pleased to announce its field program at Stardust, the Company's 100% owned, high-grade copper-gold project located in northcentral B.C., is planned to begin mid-June with drill crews mobilized soon after. The $3.8 million 2020 exploration program is fully funded and is planned to include diamond drilling with up to three drill [...]
Sun Metals Corp. announces the successful closing of its non-brokered private placement initially announced on May 11, 2020 and upsized on May 13, 2020 due to strong demand. Pursuant to the Private Placement, the Company issued a total of 18,750,000 units of the Company, at a price of $0.08 per Unit, for gross proceeds of $1,500,000. Each Unit [...]
Sun Metals Corp. is pleased to announce that the non-brokered private placement financing previously announced on May 11, 2020 has been oversubscribed by 50%. Due to the high level of interest from investors, the Private Placement will now consist of 18,750,000 units at a price of $0.08 per unit for gross proceeds of $1,500,000. Each Unit consists [...]
Sun Metals Corp. is pleased to announce a non-brokered private placement financing of up to 12,500,000 units at a price of $0.08 per unit for gross proceeds of up to $1,000,000. Each Unit consists of one common share of the Company and one-half of one non-transferable Common Share purchase warrant, with each Warrant exercisable to purchase one [...]
Sun Metals Corp. is pleased to announce financial results and operating highlights for the year ended December 31, 2019. 2019 Overview Sun Metals has realized significant discovery success at the Stardust Project. In 2018, our Stardust technical team discovered the 421 zone by drilling DDH18-SD-421, which returned 100 metres of 5.05% copper [...]
Sun Metals Corp. is pleased to announce its 2020 exploration program at Stardust, the Company's 100% owned, high-grade copper-gold project located in northcentral B.C. Our 2020 exploration program will focus on growing the high-grade 421 zone and exploring for similar thick high-grade, massive sulphide zones within this Carbonate Replacement [...]
Sun Metals Corp. reports that drilling shows extension of high-grade copper-gold mineralization in the 421 zone. The zone is open in several directions but notably extends up plunge into an area that is closer to surface, toward the previously known Canyon Creek zone. The 421 zone is located at the Company's 100% owned Stardust project in [...]
Sun Metals Corp. announces the successful closing of the second and final tranche of its bought deal financing initially announced on October 7, 2019 and later on October 9, 2019 with respect to an upsize . The closing of the final tranche of the Offering was led by Sprott Capital Partners LP, on behalf of a syndicate of underwriters including [...]
