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.
