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Gregory Davis on exploration outlook

From Greg Davis of Sun Peak Metals Corp. talks to Eric Coffin at Metals Investor Forum | March 2024 · · MetalsInvestorForum

“We've got about six targets that we're extremely confident will hit VMS — the question is how much and what the grades are — but from previous work this belt tends to be gold‑copper rich, so we're quite hopeful for how 2024 is going to play out.”

Gregory Davis
Chief Executive Officer, President & Director, Sun Peak Metals
exploration outlooktargetscommodity mix2024 plans

On , Gregory Davis, Chief Executive Officer, President & Director at Sun Peak Metals, spoke about exploration outlook during Greg Davis of Sun Peak Metals Corp. talks to Eric Coffin at Metals Investor Forum | March 2024 on MetalsInvestorForum.

Greg Davis of Sun Peak Metals Corp. talks to Eric Coffin at Metals Investor Forum | March 2024
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Greg Davis of Sun Peak Metals Corp. talks to Eric Coffin at Metals Investor Forum | March 2024
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Greg Davis, President, CEO & Director of Sun Peak Metals Corp. (TSXV:PEAK | OTCQB:SUNPF) and Eric Coffin of HRA Advisories discuss the Canadian junior mining company that is focused on exploration and discovery of gold and copper targets on the Shire Project in Ethiopia at Metals Investor Forum in Toronto on March 1-2, 2024. Sun Peak’s management team has worked in the region for over 15 years with both Nevsun Resources on the Bisha Project and Sunridge Gold on the Asmara Project. The Shire Project is comprised of four exploration licenses and covers more than 1,000 square kilometers in northern Ethiopia. The licenses are on the same geological trend as both the Bisha Mine and the Asmara Projects to the north in Eritrea and Newmont’s project also in Ethiopia, to the south. Sun Peak will recommence work on three exploration licenses at the Shire Project in the first half of 2024, which will include drilling to test multiple copper-gold VMS targets developed by the Company. Over the last couple of years, Sun Peak has been conducting exploration on the Shire Project, applying the same exploration techniques the team used in the past. This includes a 6,000 line km airborne VTEM survey completed October 2019 and detailed ground gravity surveys over several high priority targets. More than 20 gold and copper targets have been defined so far and Sun Peak's initial drill program was completed in March 2020. The infrastructure on the project is excellent, with roads, power, and water available throughout the Shire Project area. www.sunpeakmetals.com ____________________________________________________________ The companies presenting at the Metals Investor Forum are as vetted as it gets – they have already cleared the high hurdle of earning the coverage from the newsletter writers’ as companies with excellent management teams, great financials and promising properties. All newsletter writers’ stress that the first quality on that list – excellent management – is essential to the success of a junior mining company. The problem is that it’s hard to assess management without being able to look them in the eye and ask the questions that matter to you. The Metals Investor Forum gives you that time. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit https://metalsinvestorforum.com Follow us on social media: Twitter -   / metalsinvtforum   LinkedIn - https://www.linkedin.com/company/meta... Facebook –   / metals-investor-forum-102799608408584   Instagram -   / metalsinvestorforum  
Gregory Davis

About Gregory Davis

Chief Executive Officer, President & Director · Sun Peak Metals

At the March 2024 Metals Investor Forum in Toronto, Greg Davis, CEO of Sun Peak Metals Corp., discussed the company's exploration activities on the Shire Project in Ethiopia. Davis stated that the company uses a combination of geological mapping, structural geology, airborne VTEM surveys, and detailed gravity methods to identify and target volcanogenic massive sulfide (VMS) deposits. He noted that the company has identified approximately six targets it is "extremely confident" will contain VMS, with the question being the quantity and grade. Davis cited a previous intercept from an early 2020 program of 37 meters grading 2.4 g/t gold and 2.4% copper as an example of the deposit type's potential. Davis also addressed the company's operations during a period of civil conflict in Ethiopia, stating that Sun Peak did not lay off any employees and instead accrued salaries when the banking system was not operational, while also providing shelter and food for its team. He reported that the company had $6.4 million in cash and was fully funded for its 2024 exploration program. Davis expressed confidence that the company would make a discovery in 2024, attributing this to the technical team's experience with similar deposits in the region, including work on the Bisha and Asmara projects.

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