Sun Peak Metals Announces Commencement of Drilling at the Shire Project - Seite 2

The exploration team has been able to recover and assess the core from these holes. Some of the core was damaged but the geological team has now logged and sampled the drill core and the samples were recently sent for assay.

In addition, rock samples taken from the field during target generation work on other parts of the Shire Project before the conflict have now been submitted for assays.

Results of the 2020 program and interpretation of them will be released when assays are received.

Map 2: Shire Project Plan Map - Key Targets

Foto: Accesswire

Community Engagement
Sun Peak has been active on engagement with communities and other stakeholders to ensure that stakeholders provide consent and agreement to our activities that create surface disturbance, including drill holes. All disturbance to the land will be reclaimed after completion of the exploration work. Ongoing community engagement is a vital element of respecting human rights and hearing their voice. The Company's current operations in Ethiopia are exploratory in nature and cause very little surface disturbance. Community engagement is performed by our experienced local liaison team before the beginning of any activities, which encourages positive interactions. We consider Sun Peak's presence and continued support and involvement in the Tigray region, during the current circumstances, a positive contribution and we consider our conduct to be consistent with Multinational Enterprises Guidelines. Sun Peak is committed to doing business with integrity and in an ethical manner that is clear and apparent to all internal and external stakeholders. Sun Peak adheres to the Company's Human Rights Policy and does not tolerate violations of human rights in any way, shape, or form, whether these violations are committed by Sun Peak personnel or contracted third parties.

Qualified Person
The technical content of this news release has been reviewed and approved by David K. Daoud, B.Sc. P.Geo., a qualified person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

The Shire Project
Sun Peak is exploring the district-scale Shire VMS Project in the Tigray Region of northern Ethiopia. The Shire Project is comprised of six exploration licenses and covers approximately 1,450 square kilometers in the prospective Arabian Nubian Shield. The licenses are in the same geological environment as both the Bisha Mine and the Asmara Projects. The Sun Peak team have worked in East Africa for more than two decades and the Company's strategy is to apply exploration techniques that have worked successfully in the region before, to build assets through major copper-gold VMS discoveries.