Northwire Canada EditionThursday, July 30, 2026
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NAU 1.50 −0.7% VTEN 0.750 +0.0% DLTA 0.150 −3.2% PGZ 0.175 −2.8% BEAR 0.060 +0.0% TRR 0.375 +2.7% SAGA 0.410 −4.7% LAF 1.49 +12.9% GGO 0.970 +1.0% BRO 0.180 −7.7% GSS 0.025 +0.0% RUA 1.01 +0.0% AEC 5.86 +0.0% GRD 0.055 +0.0% TITI 0.780 −8.2% HCH 1.50 −0.3% NAU 1.50 −0.7% VTEN 0.750 +0.0% DLTA 0.150 −3.2% PGZ 0.175 −2.8% BEAR 0.060 +0.0% TRR 0.375 +2.7% SAGA 0.410 −4.7% LAF 1.49 +12.9% GGO 0.970 +1.0% BRO 0.180 −7.7% GSS 0.025 +0.0% RUA 1.01 +0.0% AEC 5.86 +0.0% GRD 0.055 +0.0% TITI 0.780 −8.2% HCH 1.50 −0.3%
Drill Results Routine +

Sun Peak Metals Advances Multi-Project Exploration Program in Saudi Arabia - Drill Programs Complete on First Two Projects, Assays Pending

Sun Peak completes maiden drilling at Safra and Halahila, advancing its Saudi Arabian VMS portfolio with assays expected in late August.

By The Northwire Desk — AI Analysis Jul 30, 2026 · 07:00 PEAK · 0.45 Sun Peak Metals Corp.
Executive Summary

Sun Peak Metals Corp. has issued an operational update regarding its Saudi Arabian portfolio, confirming the completion of maiden diamond drilling programs at the Safra Main and Halahila Main projects. The company completed a total of 23 drill holes, encompassing 3,764 metres of core, which intersected sulphide mineralization consistent with Volcanogenic Massive Sulphide (VMS) systems.

To date, 961 core samples have been submitted to ALS Global in Jeddah and SGS in Turkey for assaying, with initial results expected in late August 2026. Exploration activities continue to advance at the Al Miyah, Jabal Al Asad, and Zayiyr projects, incorporating FTEM surveys, gravity work, and historical data modeling. Management confirmed that regional geopolitical developments have not impacted personnel, schedules, or work programs in Saudi Arabia.

Material Impact

Sun Peak Metals Corp. (PEAK) has completed its maiden drill programs at the Safra and Halahila projects, a milestone consistent with the company’s previously announced 2026 exploration schedule. This procedural update precedes the anticipated assay results expected in late August. The company continues to focus on executing its planned discovery process across its 1,072 km² portfolio, with no new targets, financing, or strategic shifts introduced.

PEAK · Price
Company Overview

Sun Peak Metals Corp. (PEAK) is a mineral exploration company focused on the Arabian-Nubian Shield, primarily operating in Saudi Arabia. The company controls a 1,072 km² land package across 13 exploration licenses, strategically located near major Ma'aden operations, including the Bulghah and Sukhaybarat gold mines, as well as the Nuqrah VMS deposit.

Its flagship projects include the Safra and Halahila VMS targets, which have demonstrated strong surface geochemistry. At Halahila, assays have shown up to 16.35 g/t Au and 180 g/t Ag. At Safra, results have included up to 3.34 g/t Au, 6.72% Cu, and 864 g/t Ag.

Meanwhile, the Ethiopian Shire Project remains suspended under force majeure since March 2025 due to regional mining suspensions.

Read the original news release →

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