Greg Davis of Sun Peak Metals presents at Metals Investor Forum in Vancouver | Sep 2026
Metals Investor Forum Sep 25, 2026 10:44
Summary
Safra drilling hit VMS (volcanogenic massive sulfide) mineralization in all seven holes, including 38 meters grading 1.4% copper with zinc, silver and gold.
A kilometer-long gravity anomaly along strike mirrors the signature that led this team to its Bisha discovery in 2003.
Sun Peak Metals is applying 20 years of Red Sea discovery experience to 13 underexplored licenses in Saudi Arabia.
A new financing announced the day before this presentation is expected to close soon and fund drill programs starting in October.
Early drilling at the NGZ target returned 10 meters of 11.3 grams per tonne gold, open along strike.
Greg Davis's takeaways
- Top takeaway Davis argues that his team's 20 years of VMS discovery experience on the African side of the Red Sea gives Sun Peak a repeatable edge in Saudi Arabia's underexplored Arabian Shield, and he sees the company now transitioning from pre-discovery to delineation.
- His highest conviction is Safra: he says the copper-rich hits together with a kilometer-long gravity anomaly matching the Bisha signature are what most excite the team, with drilling set to resume as early as October 2026.
- He leans on track record for credibility, citing the team's role in the Bisha discovery from 2002 (164 meters of massive sulfide drilled in May 2003) and the Embadaro deposit (a 240-meter zone, about 70 million tons), and draws direct analogies between those gravity-led finds and Safra and West Shock today.
- He presents Saudi Arabia as an easy and attractive place to operate, citing full government support, stability, the 2018 mining-law change allowing 100% foreign ownership, and Vision 2030 making mining the third pillar of the economy.
- On timing, he points to a financing announced the day before the talk that should close quickly and fund drill programs starting October 2026, with Safra follow-up, Al Maya and West Shock all slated from October into early 2027.