Sun Peak Metals is advancing a portfolio of exploration projects in Saudi Arabia and Ethiopia, strategically positioned within the Arabian-Nubian Shield, one of the world’s most underexplored and highly prospective mineral belts. As an early mover in this top-tier mining jurisdiction, our team combines a proven track record of multi-mine discoveries, deep technical and capital markets expertise, and strong regional and international partnerships to unlock significant value in the region.
Sun Peak recently entered into an LOI with a private company (Saudi Discovery Company) to create a leading exploration company in the Arabian Nubian Shield.
Some key highlights and synergies of the transaction include:
Geographic synergy across the Arabian-Nubian Shield
- Unlocks exploration, cost, technical and regulatory advantages across multiple jurisdictions by combining complementary regional expertise and assets.
Clear vision for growth
- Focused on accelerating the discovery and development of significant precious and base metal deposits through advanced geological knowledge, skills and ESG-aligned strategies.
Strong leadership and governance
- The combined company will benefit from experienced leadership teams with a proven track record of success from both organizations.
Strategic advantages of scale
- Improved access to capital markets and investor networks.
- Expanded exploration pipeline and resource potential in underexplored regions.
- Enhanced operations strength with nearly 25 years of exploration expertise in VMS-rich terranes.
Commitment to sustainability and community
- Unified approach to responsible exploration, environmental stewardship, and meaningful community engagement, all in accordance with Sun Peak’s Human Rights Policy.
Full details of the transaction can be found in the September 18 news release.
