Gold Summit Corporation

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Stock Quote: Last - 0.12 Volume - 0 Day High - 0.12 Day Low - 0.11 Date - 11/15/2010 - 3:57pm

Gold Summit Corporation is a Nevada based TSX-V listed junior exploration company. Using its considerable worldwide, technical experience and discovery track record, the company has assembled an enviable portfolio of high grade gold/silver targets in Nevada and has developed resources on two of these.
Underground vein targets in Nevada were largely ignored in the modern exploration era in favor of large, low grade deposits and are under-explored. Apart from superior economics, underground mines have a small environmental footprint and are more socially acceptable.
Of the Nevada targets, the most advanced is its Monte Cristo property where a new 43-101 compliant inferred resource of 237,000 ounces of gold and 1,500,000 ounces of silver has been outlined by drilling. High potential for increasing the resource remains and for finding additional ore shoots.
At the Sugarloaf Peak prospect, a NI 43-101 compliant inferred resource of 60,000 ounces of gold and 359,000 ounces of silver was announced in late 2009. Good potential exists for expansion of this classic epithermal system.
The company also has two greenstone gold prospects in western Ontario, one with high grade gold drill intersections at shallow depths.

Crown Minerals Inc. And Gold Summit Corporation Complete Arrangement To Form Crown Gold Corporation