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Arrangement Involving Crown And Gold Summit Receives Shareholder Approval

Aug 24, 2010
Crown Minerals Inc. ("Crown") and Gold Summit Corporation ("Gold Summit") are pleased to announce that the amalgamation of Crown and Gold Summit to be implemented by way of a plan of arrangement (the "Arrangement") under the Canada Business Corporations A

Gold Summit Reports 84.3 g/t Gold In Sakoose Samples

Jul 21, 2010
Gold Summit reports gold values ranging between 3.1 to 84.3 g/t gold in confirmation samples of quartz vein material from the Sakoose Mine on the Tabour Lake property near Dryden, Ontario. Three surface samples collected from spoil around an old shaft an

Crown Minerals And Gold Summit Announce Finalization Of Arrangement Agreement

Jul 14, 2010
Crown Minerals Inc. ("Crown") (TSX.V:CWM) and Gold Summit Corporation ("Gold Summit") (TSX.V:GSM) are pleased to announce today the finalization and delivery of a binding arrangement agreement to merge the two companies as previously announced on April 15

Gold Summit Closes Private Placement

Apr 27, 2010
Gold Summit Corporation (“GSM” or the “Company”) announces that it has closed the brokered part of the private placement, originally announced on February 10, 2010 and April 8, 2010. The Company received aggregate gross proceeds of $232,088 and issued 1,6

CROWN MINERALS and GOLD SUMMIT Announce Agreement to Combine Companies

Apr 15, 2010
Crown Minerals Inc. ("Crown") (TSX.V:CWM) and Gold Summit Corporation ("Gold Summit") (TSX.V:GSM) are pleased to announce that they have reached an agreement in principle to combine the two companies on the basis that one (1)

Gold Summit Closes Private Placement
Continues Offering Of Units And Flow-Through Units

Apr 8, 2010
Gold Summit Corporation (“GSM” or the “Company”) announces that it has closed the second and final tranche of a non-brokered private placement announced on March 17, 2010 (the “Offering”).

Gold Summit Closes First Tranche Of Private Placement

Mar 17, 2010
Gold Summit Corporation (“GSM” or the “Company”) announces that it has closed the first tranche of a non-brokered private placement (the “Offering”) of up to 1,520,000 units at a price of $0.125 per unit.

Gold Summit Plans $1,200,000 Private Placement

Feb 10, 2010
Gold Summit Corporation (“GSM” or the “Company”) intends to raise up to CDN$1,200,000 in a non-brokered private placement by issuing 5,600,000 units at a price of $0.125 per unit for a total of $700,000.

Gold Summit Files New Monte Cristo NI 43-101 Resource Report

Feb 3, 2010
Gold Summit Corporation (“GSM” or the “Company”) reports that, further to its news release of December 14, 2009, it has now filed on SEDAR the new NI 43-101 compliant resource report on its flagship Monte Cristo property.

Gold Summit Options High Grade Greenstone Gold Prospect In NW Ontario

Jan 14, 2010
Gold Summit Corporation (“GSM” or the “Company”) announces that it has signed an agreement to option the Tabour Lake greenstone gold prospect

Gold Summit Sells Portion Of Nevada Lithium Assets

Jan 7, 2010
Gold Summit Corporation (“GSM” or the “Company”) announces that it has signed an agreement Monday, January 4, 2010, to sell a portion of its Nevada lithium assets

Gold Summit Cancels Private Placement

Dec 24, 2009
Gold Summit Corporation (“GSM” or the “Company”) announces that it is no longer proceeding with additional tranches of the private placement announced on September 17, 2009 and October 22, 2009.

Gold Summit Reports New Resource Estimate Of 280,000 Ounces Gold At Monte Cristo

Dec 14, 2009
Gold Summit Corporation (“GSM” or the “Company”) announces that it has received preliminary results from the new SURPAC block model of the McLean Lode at Monte Cristo

Gold Summit Continues With Offering Of Units

Nov 26, 2009
Gold Summit Corporation (“GSM” or the “Company”) announces that it is continuing with its previously announced private placement at $0.20 per unit.

Gold Summit Engages First Canadian As Investor Relations Advisor

Nov 18, 2009
Gold Summit Corporation (“GSM” or the “Company”) is pleased to announce that it has retained First Canadian Capital Corp. (“First Canadian”) as a consultant to provide strategic marketing and corporate communications advice.

Gold Summit Files Sugar Loaf Peak NI 43-101 Report

Nov 10, 2009
Gold Summit Corporation (“GSM”) or the “Company”), yesterday filed a NI 43-101 compliant technical report on its Sugarloaf Peak gold prospect in Esmeralda County, Nevada.

Gold Summit Reports Head Assays For Sugarloaf Metallurgical Test Work: Grants Stock Options

Nov 5, 2009
Gold Summit Corporation (“GSM” or the “Company”), has received head assays from 6, approximately 40 kg, metallurgical test samples recently collected from underground in the Tip Top adit and adjacent surface outcrops.

Gold Summit Gains 100% Interest In Nevada Lithium Brine Exploration: Joint Venture Partner Withdraws

Nov 5, 2009
Gold Summit Corporation (“GSM”) or the “Company”), today received notice that Canada Lithium Corporation (TSXV: CLQ) has withdrawn from the Nevada Lithium Brine Joint Venture

Gold Summit Announces 60,000 Ounce Shallow Gold Resource At Sugarloaf Peak

Oct 29, 2009
Gold Summit Corporation (“GSM”) or the “Company”) has completed a 43-101 compliant study of the gold resource at the old Tip Top mine, within the Sugarloaf Peak Prospect

Gold Summit Adds Half Warrant To Private Placement And Closes First Tranche

Oct 22, 2009
Gold Summit Corporation (“GSM” or the “Company”) announces that the private placement announced on September 17, 2009 will now include a half common share purchase warrant.

Gold Summit Announces Management Changes

Oct 8, 2009
Gold Summit Corporation (“GSM”) or the “Company”) pleased to announce that Ralph W. Kettell has been appointed as the President of the Company and Jeremy S. Budd has been appointed GSM’s Corporate Secretary.

Gold Summit And Canada Lithium Start Drilling For Lithium Brine In Nevada

Sep 24, 2009
Gold Summit Corporation (“GSM”) or the “Company”), operator on behalf of joint venture partner Canada Lithium Corp. (“CLQ”) reports that drilling at the Paymaster property commenced Wednesday, September 23, 2009.

Gold Summit Plans $750,000 Private Placement

Sep 17, 2009
Gold Summit Corporation (“GSM” or the “Company”) intends to raise up to CDN$750,000 in a non-brokered private placement, by issuing 3,750,000 common shares at a price of $0.20 per common share. The private placement is subject to the approval of the

Gold Summit And Canada Lithium Corporation Reports Resumption Of Fieldwork In Nevada

Aug 20, 2009
Gold Summit Corporation (“GSM” or the “Company”), operator on behalf of joint venture partner Canada Lithium Corporation (“CLQ”) has recommenced field work exploring for lithium brine deposits in south west Nevada. Canada Lithium holds a 75% interest in

Gold Summit Options Nevada Property With Open-Pit Gold Resource

Jul 10, 2009
Gold Summit Corporation (“GSM” or the “Company”) announces that it signed an option agreement with Parker Mining Company covering 22 unpatented mining claims at Sugarloaf Peak, Esmeralda County, in western Nevada. Option payments, starting at $5,000 for

Gold Summit Grants Options

Jun 12, 2009
Gold Summit Corporation (“GSM” or the “Company”) announces that a total of 625,000 options to purchase common shares of the Company were granted to directors, officers and consultants on June12, 2009 at an exercise price of $0.20 per share, expiring

Gold Summit Closes $460,000 Financing

Jun 10, 2009
Gold Summit Corporation (“GSM” or the “Company”) has closed the second and final tranche of its private placement announced on April 16, 2009 and May 8, 2009. The Company received aggregate gross proceeds for the private placement of $460,4

Gold Summit Closes First Finance Tranche

May 22, 2009
Gold Summit Corporation (“GSM” or the “Company”) announces that it has closed the first tranche of the financing announced on April 16, 2009 and May 8, 2009. The amount closed is $278,596, and the Company issued 2,785,964 units

Gold Summit to Increase Private Placement to $500,000

May 11, 2009
Gold Summit Corporation (“GSM” or the “Company”) announces that it will increase the private placement of $350,000 previously announced on April 16, 2009 to a total of $500,000 by issuing 5,000,000 units at a price of $0.10 per unit.

Gold Summit Completes Consolidation And Plans $350,000 Private Placement

Apr 16, 2009
Gold Summit Corporation (“GSM” or the “Company”) announces that it has completed the 10:1 consolidation of its common shares and that its common shares began trading on a post-consolidated at the opening today, April 16, 2009.

Gold Summit Announces Results Of Special Meeting And Management Changes

Apr 6, 2009
Gold Summit Corporation (GSM) announces that at the special meeting of GSM’s shareholders held on April 1, 2009, the shareholders approved the consolidation (the “Consolidation”) of GSM’s common shares on a 10:1 basis. GSM has filed Articles of Am

Gold Summit Calls a Special Meeting of Shareholders: Share Consolidation and Name Change Proposed

Mar 16, 2009
Gold Summit Corporation (GSM) announces that at a special meeting to be held on April 1, 2009 shareholders will be asked to approve, at the discretion of the GSM Board of Directors...

Gold Summit And Canada Lithium Amend Exploration Agreement In Great Basin

Mar 9, 2009
Gold Summit Corporation (GSM) and Canada Lithium Corporation (CLQ), formerly Black Pearl Minerals, have amended the terms of their original exploration agreement

Gold Summit’s Monte Cristo Prospect News

Jan 15, 2009
Gold Summit Corporation (TSX-V GSM) reports that International Bethlehem Corporation, citing poor market conditions, advised yesterday that it will not continue it’s participation in the Mining Option agreement on the Monte Cristo property. The ag

Gold Summit Options Ontario Gold Prospect

Nov 20, 2008
Gold Summit Corporation (TSX-V GSM) reports that it has entered into an agreement to option two claim blocks, a total of 32 units, in Corless Township approximately 70 km east of Red Lake, Ontario, covering a 5.2 sq km area with clusters of old gold pro

Gold Summit Announces Addition to the Board of Directors

Nov 17, 2008
Gold Summit Corporation (TSX-V GSM) is pleased to announce that Mr. James P. Boyle, BA, LLB, LLM has joined GSM’s board of directors.

Gold Summit Stakes Silver Breccia-Porphyry Target In Nevada

Sep 29, 2008
Gold Summit Corporation (TSX-V GSM) has staked a block of 136 lode mineral claims covering an exposed precious metal bearing, quartz breccia in Esmeralda County, Nevada.

Gold Summit Receives Approval For Lithium Prospect Arrangement

Aug 26, 2008
Further to the agreement announced in a press release dated June 25, 2008, between Gold Summit Corporation (TSX-V GSM) and Black Pearl Minerals Consolidated Inc (TSX-V BLK) regarding a lithium prospect in Esmeralda County, Nevada, the TSX Venture Exchange

Gold Summit Reports Fieldwork Underway At Burning Lake Copper-Nickel Prospect, Ontario

Aug 12, 2008
Gold Summit Corporation (TSX-V GSM), reports that field work is underway at its Burning Lake copper-nickel prospect near Dryden in western Ontario. Initially, an area surrounding the discovery outcrop is being cleared while check sampling and remappin

Gold Summit Vends Lithium Brine Project To Black Pearl For Cash And Equity

Jun 25, 2008
Gold Summit Corporation (TSX-V GSM) has agreed to sell a 100% interest in a lithium brine prospect to Black Pearl Minerals Consolidated Inc (TSX-V BLK) for a total consideration of $300,000 in cash and 3 million BLK common shares as well as certain

Gold Summit Reports 3.5 Metres of 12.1 G/T Gold in New Shallow Zone at Monte Cristo

Jun 17, 2008
Gold Summit Corporation (“GSM”) (TSX-V: GSM) announces receipt of complete assay data from the last three of a seven hole core drilling program on the Monte Cristo Property

Gold Summit Reports Drill Assay Results From Carolinas

Jun 3, 2008
Gold Summit Corporation (TSX-V GSM), in conjunction with joint venture partners Astral Mining Corporation (TSX-V AST), reports complete assay data from recent core drilling on prospects in North and South Carolina.

Gold Summit Reports Drilling Results from Northern Flats Zone at Monte Cristo: Postpones Private Placement

May 21, 2008
Gold Summit Corporation (TSX-V GSM) in conjunction with joint venture partners International Bethlehem Corporation (TSX-V IBC) reports complete assay data from the Northern Flats target on its Monte Cristo property in Nevada.

Gold Summit Reports Drilling Progress In Nevada And Carolinas: Plans To Raise $375,000

Apr 23, 2008
Gold Summit Corporation (TSX-V GSM) in conjunction with joint venture partners International Bethlehem Corporation (IBC) has completed four core holes totalling 1098 metres on its flagship Monte Cristo property in Nevada.

Gold Summit Reports Drilling Progress in Carolinas

Mar 26, 2008
Gold Summit Corporation (TSX-V GSM) with Joint Venture partner Astral Mining Corporation (TSX-V AST) report that three core holes, totalling 305m, were completed at the Bear Creek Prospect in North Carolina on March 12.

Gold Summit Resumes Drilling At Monte Cristo

Mar 19, 2008
Gold Summit Corporation (TSX-V GSM) has received notice from International Bethlehem Mining Corp (TSX-V IBC) that the TSX Venture Exchange has accepted for filing the Option Agreement previously announced on January 30 2007. Under the agreement, Intern

Gold Summit Options San Francisco Prospect to New Dimension Resources

Feb 28, 2008
Gold Summit Corporation (TSX-V GSM) announces that it has signed an option agreement with New Dimension Resources Ltd (TSX-V NDR) whereby Dimension Resources (USA) Inc., a wholly owned subsidiary, ...

Gold Summit Closes $308,060 Financing

Feb 11, 2008
Gold Summit Corporation (TSX-V GSM) has completed a $308,060 non-brokered private placement by issuing 2,464,480 Units at a price of $0.125 per Unit.

Gold Summit and Astral Start Carolina Drilling

Feb 6, 2008
Gold Summit Corporation, TSX-V GSM, and Joint Venture partner Astral Mining Corporation, TSX-V AST, today started diamond drilling at the Bear Creek Prospect in North Carolina, testing a large gold in soil and rock chip anomaly approximately 400 metres

Gold Summit and International Bethlehem Mining Agree to Explore Monte Cristo

Jan 30, 2008
Gold Summit Corporation (“GSM”) has signed a Letter of Intent (the “Agreement”) with International Bethlehem Mining Corporation (“IBMC”) for that company to acquire up to a 50% interest...

Gold Summit-Astral JV to Drill Two Carolina Gold Targets

Jan 21, 2008
Gold Summit Corporation, TSX-V GSM, and Joint Venture partner Astral Mining Corporation, TSX-V AST, announce planned diamond drilling of two gold targets in the Carolina Slate Belt to start mid February 2008.

Gold Summit Closes $300,000 Flow-Through Financing With Mineralfields Group And Announces

Jan 2, 2008
Gold Summit Corporation (“GSM” or the “Company”) has completed a $300,000 nonbrokered private placement, by issuing 2,400,000 flow-through units (“FT Units”) at a price of $0.125 per FT Unit, to the MineralFields Group*. Each unit consists of one flowthro

Gold Summit Plans Financing for Exploration at Burning Lake Nickel-Copper Prospect, NW Ontario

Dec 28, 2007
Gold Summit Corporation (“GSM” or the “Company”) intends to raise up to $300,000 in a non-brokered private placement, by issuing 2,400,000 flow-through units at a price of $0.125 per unit.

Gold Summit Options Burning Lake Nickel-Copper Prospect In Ontario

Dec 3, 2007
Gold Summit Corporation (“GSM”) TSX-V GSM announces that it has entered into an option agreement to acquire a 100% interest in a group of 16 claim units (640 acres) covering an area with exposed nickel-copper gossans in mafic and gabbroic rocks in Satterl

Gold Summit Reports Gold Intersections At Monte Cristo And A New Gold Target In The Carolinas

Nov 14, 2007
Gold Summit Corporation (“GSM”) TSX-V GSM announces that it intersected a broad zone of gold mineralization in one out of three holes recently completed in the Ohio Camp area on the Monte Cristo property in the Walker Lane province in western Nevada.

Gold Summit Corporation Completes $378,186 Private Placement

Oct 1, 2007
Gold Summit Corporation (“GSM”) TSX-V GSM has closed a $378,186 non brokered private placement announced on August 16, 2007.

Gold Summit Now Drilling At Monte Cristo

Sep 19, 2007
Gold Summit Corporation (“GSM”) TSX-V GSM yesterday began a 2000 metres reverse circulation (RC) drilling programme to test one of several epithermal vein targets in the Ohio Camp area at Monte Cristo. These targets were described in some detail in a new

Gold Summit Corporation Completes $733,620 Private Placement

Aug 22, 2007
Gold Summit Corporation (“GSM”) TSX-V GSM, as previously announced on August 16, 2007, has closed a $733,620 non-brokered private placement, originally announced on May 11, 2007. Finders’ fees totalling $49,965 were paid on part of this financing. Under a

Gold Summit Corporation Completes $733,620 Private Placement

Aug 17, 2007
Gold Summit Corporation (“GSM”) TSX-V GSM announces that it has closed a $733,620 non-brokered private placement.

Gold Summit has Additional Drill Targets at Monte Cristo: 3000m Core Programme Planned

Aug 1, 2007
Gold Summit Corporation (“GSM”) TSX-V GSM reports results from a new soil grid survey on selected parts of the 26 sq km Monte Cristo property completed earlier in the summer.

Gold Summit /Astral Jv Intersects 1.98 M Of 17.8 G/T Au at Saluda, South Carolina

Jul 10, 2007
Gold Summit Corporation (“GSM”),TSX-V GSM, and JV Partner Astral Mining Corporation (”Astral”), TSX-V AST report further assay results from quartz veins intersected in core drilling on the Rinehart Property, Saluda County, South Carolina.

Gold Summit/Astral Jv Reports Early High Grade Gold Assay Results From Saluda Core Drilling

May 24, 2007
Gold Summit Corporation, (TSX-V GSM) and JV partner Astral Mining Company (TSX-V AST) announces completion of 6 hole core holes on the Rinehart Prospect in South Carolina...

Gold Summit / Astral JV Starts Drilling at Saluda, South Carolina

Apr 25, 2007
Gold Summit Corporation, (TSX-V GSM) and JV partner Astral Mining Company (TSX-V AST) today started core drilling on the Rinehart lease in the Saluda Area, South Carolina.

Gold Summit Announces Financing Agreement with VSA Resources in U.K.

Mar 15, 2007
Gold Summit Corporation (“GSM”) , TSX-V GSM, announces that it has entered into a “best efforts” letter agreement with VSA Resources Ltd, a London based finance house...

Gold Summit Announces Carolina JV With Astral Mining

Mar 13, 2007
Gold Summit Corporation announces that it’s wholly owned subsidiary, Gold Summit Corporation USA Inc., has signed an option agreement with Astral Mining US Corporation

Gold Summit Completes Private Placement

Feb 26, 2007
Gold Summit Corporation (the “Corporation”) announces that it has completed a non-brokered private placement of 2,733,667 units at a price of C$0.15 per unit, to raise aggregate gross proceeds of C$410,050.05.

Gold Summit to Raise $300,000; Carolina Update

Feb 7, 2007
Gold Summit Corporation (”GSM”) plans to raise a minimum of $300,000 in a nonbrokered private placement by issuing 2,000,000 units at a price of $0.15 per unit.

Gold Summit Retains Frei Partners For Investor Relations, Europe

Jan 24, 2007
Gold Summit Corporation reports the retention of Frei Partners of Zurich, Switzerland, to provide investor relations services in Europe.

Gold Summit Reports Plus One Ounce Gold In Rock Samples At Saluda, South Carolina

Dec 13, 2006
Gold Summit Corporation announces encouraging gold values in rocks and soils from initial systematic sampling work on the Rinehart Tract in the Saluda area of South Carolina.

Gold Summit Completes Private Placement; Monte Cristo Update

Nov 14, 2006
Gold Summit Corporation (the “Corporation”) announces that it has completed a non-brokered private placement of 2,120,560 units at a price of Cdn$0.15 per unit, to raise aggregate gross proceeds of Cdn$318,084. Each unit consists of one common share and o

Gold Summit Corporation: Announcement

Jan 14, 2004
Gold Summit Corporation (the 'Company') announces that 1,220,000 stock options exerciseable at $0.39 will be issued to certain officers, directors, consultants and employees of the Company, subject to regulatory approvals. The options will expire on Janua

More High Grade Intersections at Tip Top in Nevada

Jan 9, 2004
Gold Summit Corporation is pleased to announce assay results from Holes 6, 7, 7A, 8 and 9, the remainder from the diamond drill program recently completed on the Tip Top property in Esmeralda County, Nevada.

Gold Summit Acquires New Gold Properties In Wonder And Gold Basin Districts In Central Nevada

Dec 3, 2003
Gold Summit Corporation is pleased to announce that it has optioned three claim blocks with prospective Bonanza gold-silver vein occurrences in Nevada.

Gold Summit Corporation: Assay Results From Core Drilling At Tip Top

Nov 21, 2003
Gold Summit Corporation is pleased to announce initial results from the current drill program on its Tip Top property in Esmeralda County, Nevada. A total of 2313 feet of HQ core in 9 holes were drilled over a 200 foot strike length. The holes tested down

Gold Summit Warrants To Begin Trading

Nov 19, 2003
Gold Summit Corporation Series A warrants are to begin trading on TSX Venture Exchange, effective at the opening November 20, 2003 under the symbol 'GSM.WT'.

Gold Summit Corporation Completes $2.72 Million Private Placement For Nevada Gold Exploration

Nov 17, 2003
Gold Summit Corporation (the “Corporation”) is pleased to announce that it has closed its previously announced private placement financing with the issuance and sale of 5,000,000 units at a price of $0.50 per unit and 430,000 units at a price of $0.52 per

Gold Summit Corporation Announces $2.5 Million Private Placement

Oct 29, 2003
Gold Summit Corporation announces that McFarlane Gordon Inc. has agreed to act as agent to complete an offering of up to 5,000,000 units at $0.50 per unit on a best efforts basis, for gross proceeds of $2,500,000.

Gold Summit Corporation Appoints Officers

Oct 24, 2003
Following the recent Annual and Special Meeting of Shareholders, the Board of Directors of Gold Summit Corporation have confirmed and appointed the following officers

Gold Summit Begins Drilling at Tip Top Blue Sphinx Property Expanded

Oct 7, 2003
Gold Summit Corporation announces that diamond drilling at the Tip Top Property in Esmeralda County, Nevada is currently underway. A series of holes are planned to test down dip and along strike from the known mineralized gold vein system where previous c

OSC Re Gold Summit Corporation Consent

Sep 23, 2003
Consent given to OBCA corporation to continue under the CBCA

New Director

Sep 17, 2003
Gold Summit Corporation. is pleased to announce that Mr. Wayne Beach has been appointed to the Company's board of directors.

Name Change and Consolidation

Jul 9, 2003
Pursuant to a special resolution passed by shareholders May 20, 2003, the Company has consolidated its capital on a 5 old for 1 new basis. The name of the Company has also been changed from Gold Summit Mines Ltd. to Gold Summit Corporation.