Sun Peak Metals Corp

Description

Sun Peak Metals Corp is an early-stage explorer targeting volcanogenic-massive-sulphide and orogenic-gold systems across the Arabian-Nubian Shield. The investment case combines a management team linked to the Bisha discovery and Asmara development/sale with two newly drill-confirmed Saudi polymetallic systems, a large 100%-owned Saudi exploration pipeline and strategic Ethiopian exposure that is currently suspended.

The active portfolio comprises 13 Saudi exploration licences covering approximately 1,072 km², plus two applications covering roughly another 200 km². Safra and Halahila are the most advanced targets, where maiden 2026 drilling confirmed broad copper-zinc and zinc-silver-gold-copper mineralization. No current NI 43-101 Mineral Resource or economic study exists.

List of Projects:

Project 1: Safra
Saudi Arabia — Copper, zinc, silver and gold. 100%-owned flagship exploration target. Maiden 2026 drilling returned broad polymetallic mineralization, with all seven Safra Main holes mineralized.

Project 2: Halahila
Saudi Arabia — Zinc, silver, gold and copper. 100%-owned exploration project where nine of 13 maiden holes encountered mineralization.

Project 3: Al Miyah
Saudi Arabia — Polymetallic VMS exploration. 100%-owned project with Al Miyah Main, Hishashat and Western Exhalite targets advancing through geophysics and drill targeting.

Project 4: Afif 1
Saudi Arabia — Early-stage VMS exploration licence with geochemical and geophysical targets.

Project 5: Round 9 Portfolio
Saudi Arabia — Seven 100%-owned licences covering approximately 632 km² across Jabal Alasad, Zayiyr and Mikhlab. The portfolio contains dozens of direct-detection targets, with Washaq and NGZ prioritized.

Project 6: Shire Project
Ethiopia — Gold and polymetallic exploration. Six licences comprising Meli, Terer, Nefasit, Adi Dairo, Adi Mendi and Wokemba. Meli and Terer are JV interests; the other four are 100%-owned. Fieldwork is suspended under force majeure.

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