Summit Minerals - SUM (ASX) News & Expert Insights from Stockhead

Summit Minerals is a Battery Mineral exploration company focused on the exploration and development of its strategically located projects.

Summit is focused on progressing its principal assets comprising the Company’s interests in their Lithium, Antimony, REE/ Uranium Tenements:

Phillips River Lithium project
Bridgetown Lithium projects
Northern Lithium & REE projects
Stallion Uranium & REE project- Large REE & Uranium target, with 240 historical drill holes done
Windfall Antimony project (NSW)- Covers multiple historic antimony mines which were mined in 1974. Gold grades historically of 6g/t recorded together with Antimony.

Antimony is a next-generation material used in clean energy storage technologies used in military, energy, industrial and consumer applications. Australia currently has no domestically mined source (China and Russia account for 72% of the market).

KEY PEOPLE

Peretz holds a Masters degree in Applied Finance and has been a global investor for more than a decade. He understands the fundamentalparameters, strategic drivers, market requirements and what it takes for a high growth business. Peretz has a diverse professionalbackground, with deep experience in resource exploration, management consulting, marketing, fundraising and corporate finance. Peretz isalso an Executive Director of ASX listed Torian Resources Limited (ASX: TNR) and Non-executive Chairman of Monger Gold Limited (ASX:MMG).

Stephen Ross is a geologist, independent consultant and public company director that has been involved in the international mineralsindustry in technical, business development and corporate positions for 30 years. Stephen has sourced significant investments for juniorexplorers and pre-development resource companies worldwide while holding managing director and technical positions when based inCentral Asia, West Africa and Sri Lanka. He is a member of the Australasian Institute of Mining and Metallurgy and is a Fellow of theFinancial Services Institute of Australasia. Stephen is currently a director of East Energy Resources Limited and Pepinnini Minerals Limited.

Jonathan King is a geologist/geochemist, independent consultant and public company director that has been involved primarily in theinternational search for economic mineral deposits in technical, and corporate positions for 30 years. Jonathan has led several majormapping, technical evaluation and geochemistry reinterpretation projects for greenfields and near-mine target generation and explorationprograms in Korea, Fiji, Colombia, Mexico, Peru, Brazil, China, Africa, Indonesia, USA, and Australia. He is a member of the AustralasianInstitute of Geoscientists.