Sun Peak Metals Commences Maiden Drill Program at High-Priority Halahila Gold-copper VMS Project

VANCOUVER, BC / ACCESS Newswire / June 8, 2026 / Sun Peak Metals Corp. (TSXV:PEAK)(OTCQB:SUNPF) ("Sun Peak" or the "Company") today announced the commencement of its maiden diamond drill program at the Company's 100%-owned Halahila Gold-Copper Volcanogenic Massive Sulphide ("VMS") Project in the Kingdom of Saudi Arabia ("KSA"). The approximately 2,500-metre drill program follows the successful completion of drilling at the Safra VMS Project and marks the Company's second drill campaign in Saudi Arabia this year.

Highlights

• Maiden diamond drill program underway at the Halahila Project, with approximately 2,500 metres planned.

• Initial drilling will target the Halahila Main zone, where recent exploration has identified a 650-metre-long mineralized gossan up to 30 metres wide. The program may be expanded based on results.

• Surface sampling at Halahila Main returned assays of up to 16.35 g/t gold and 180 g/t silver.

• Geophysical surveys have identified electromagnetic ("EM") conductors beneath the Halahila Main zone, representing compelling targets for subsurface sulphide mineralization.

• Drill mobilization follows the successful completion of 1,242 metres of drilling across 10 holes in two target areas at the Safra VMS Project. Core samples have been submitted to SGS Laboratory (Turkey) for assaying and will be reported when available.

"Halahila has rapidly emerged as one of the most compelling exploration targets in our Saudi Arabian portfolio," said Arron Albano, Exploration Manager of Sun Peak. "The project exhibits many of the hallmarks of a significant VMS system, including extensive hydrothermal alteration, a 650-metre-long gold and silver-bearing gossan, strong surface geochemistry, and conductive targets at depth that may represent sulphide mineralization. Recent exploration has also identified additional mineralized gossans along a five-kilometre trend south of Halahila Main, highlighting the district-scale potential of the system with a total length of ten kilometres. This maiden drill program represents the first opportunity to test targets at depth and evaluate the potential for a significant new VMS discovery."

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