Vancouver - Sun Summit Minerals Corp. (TSX-V: SMN; OTCQB: SMREF) is pleased to report initial drill results from its fall 2021 exploration program on its Buck Property, central B.C. Assays from eight of the 32 completed holes are reported.

Highlights

Multiple intervals of high-grade, vein-hosted gold mineralization intersected in numerous holes: 11.65 grams/tonne (g/t) gold equivalent (AuEq) over 3.0 metres, including 31.79 g/t AuEq over 1.0 metre within 0.86 g/t AuEq over 60.8 metres (BK21-035).

14.86 g/t AuEq over 1.1 metres within 1.04 g/t AuEq over 21.9 metres (BK21-041)

10.03 g/t AuEq over 2.9 metres, including 16.05 g/t AuEq over 1.5 metres within 4.82 g/t AuEq over 6.8 metres (BK21-043)

These high-grade intervals are within broader zones of near-surface disseminated mineralization.

Results confirm the presence of widespread high-grade gold mineralization as previously reported (e.g., BK20-012: 5.89 g/t AuEq over 17.0 metres including 23.10 g/t AuEq over 3.0 metres, and BK21-020: 31.75 g/t AuEq over 4.0 metres including 247 g/t AuEq over 0.5 metres).

Note: Intervals are downhole core lengths. True widths are unknown. AuEq based on a 75:1 silver to gold ratio

Multiple intervals of near-surface, disseminated and breccia-hosted mineralization confirm strong continuity of bulk-tonnage style mineralization: 0.96 g/t AuEq over 102.0 metres, including 1.94 g/t AuEq over 18.0 metres and including 1.15 g/t AuEq over 19.3 metres (BK21-036)

0.74 g/t AuEq over 175.3 metres, including 1.25 g/t AuEq over 53.8 metres (BK21-038)

Results confirm strong grade continuity on the eastern side of Buck Main over a strike length of at least 300 metres. These bulk-tonnage intercepts are similar to previously released results (e.g., BK21-017: 1.15 g/t AuEq over 109 metres, and BK21-033: 1.13 g/t AuEq over 87.1 metres).

Note: Intervals are downhole core lengths. True widths are unknown. AuEq based on a 75:1 silver to gold ratio.

Bob Willis, Sun Summit's CEO, stated: 'This first batch of results from our 32 hole program across the Buck Main area, continues to demonstrate the growing scale of the system as every hole hit varying styles and grades of gold and silver mineralization from top to bottom. The presence of broad zones of near surface disseminated bulk-tonnage style mineralization together with local high-grade zones provide significant encouragement to support an aggressive 2022 drilling campaign. These higher grade zones should contribute favourably to future mineral resource and economic studies. The Buck Main mineralized system remains open in all directions.'

Drill Program

Holes reported in this release are from two key areas, formerly known as the eastern 'Horseshoe' and the western 'Trench' zones. Based on a new structural model, holes were drilled along northeast-southwest oriented sections with all holes drilled to the northeast at varying dips. This drill plan allowed for the systematic generation of cross sections across the Buck Main target to better define lithological and structural controls. Based on this modelling, it is apparent that lithology played a key role in the distribution of disseminated mineralization versus vein-hosted, high-grade mineralization. The results from the remaining 24 holes will be used to further demonstrate continuity of mineralization within and between different styles of mineralization across the Buck Main area.

Community Engagement

Sun Summit is engaging with First Nations on whose territory the Buck Property is 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 as the project continues.

Buck Property

The 33,000 hectare property is located approximately 12 kilometres south of Houston, British Columbia, has excellent nearby infrastructure and allows for year-round road-accessible exploration.

Health and Safety

The Company's exploration programs are being carried out in full compliance with federal, provincial, and municipal guidelines established in response to the global COVID-19 pandemic. Sun Summit has a rigorous infection prevention and control protocol in place to protect the health of employees and contractors, as well as surrounding communities in which the Company works.

About Sun Summit

Sun Summit Minerals is an exploration company focused on expanding its epithermal gold discovery at its flagship Buck Project located in north-central British Columbia.

The Company is exploring multiple high priority gold and silver targets through methodical, well-funded exploration campaigns with year-round drilling access. The Project has high-grade and bulk-tonnage gold and silver potential and is located in an established mining region that includes many former operating mines and current exploration projects.

Sun Summit is committed to environmental and social responsibility with a focus on responsible development to generate positive outcomes for all stakeholders.

Contact:

Sharyn Alexander

Tel: 778-588-9606

Email: info@sunsummitminerals.com

Forward Looking Information

Statements contained in this news release that are not historical facts may be forward-looking statements, which involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include: risks inherent in exploration activities; volatility and sensitivity to market prices; volatility and sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through private or public equity financings; environmental and safety risks including increased regulatory burdens; unexpected geological or hydrological conditions; changes in government regulations and policies, including trade laws and policies; failure to obtain necessary permits and approvals from government authorities; weather and other natural phenomena and other exploration, development, operating, financial market and regulatory risks.

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