Acuity Advisory Corp. September Wrap-Up Newsletter

Dear Acuity Community,

As we say goodbye to September and step into October, we’re pleased to reflect on a month filled with progress and key developments across the industry. While market conditions remain dynamic, the strength and resilience we've seen, especially in the precious metals sector, is encouraging. Gold continues to attract attention as a safe haven, and companies like Sun Summit Minerals Corp. are leading the charge with exceptional exploration results.

We’re optimistic about the opportunities ahead as we prepare for a busy final quarter of the year. With strong industry momentum and strategic insights guiding us, October is poised to be a month of growth and advancement.

Industry Updates

Gold Price Forecast for October 2024:

Gold remains a strong investment choice amidst inflation concerns and global uncertainties. In September, gold hit another all-time high, and as we enter October, experts forecast continued growth. Predictions for October's gold prices range from $2,600 to $2,800 per ounce.

According to Henry Yoshida, co-founder of Rocket Dollar, gold prices will likely climb steadily, driven by potential central bank purchases and expected Fed rate cuts. Will Rhind, CEO of GraniteShares, also points to historical trends showing gold appreciating after rate cuts, supporting his forecast of $2,700 by month’s end. Meanwhile, Jerry Prior of Mount Lucas Management takes a measured approach, predicting gold will hold between $2,600 and $2,700, emphasizing that gold remains a solid asset in today's market.

Key factors driving these forecasts include interest rate shifts, global geopolitical tensions, and the weakening dollar, all contributing to gold's upward momentum.

What Does October's Gold Outlook Mean for Investors?

For those looking to capitalize on gold's continued rise, now is the time to stay informed and strategic. Experts suggest monitoring economic data, such as job market reports, and keeping an eye on the U.S. dollar’s performance. As gold serves as a buffer against market volatility, it remains a valuable component in diversified portfolios. For those considering new gold investments, exploring options such as tax-deferred vehicles like IRAs can be a smart way to grow your assets.

(source: CBS News)

Partner Spotlight

Sun Summit Minerals

September was a standout month for Sun Summit Minerals, which continues to achieve significant milestones in its exploration efforts.

• October 2nd: Sun Summit Minerals announced impressive drill results from the Creek Zone at the JD Project, B.C., including 122.5 meters of 2.1 g/t gold, with a highlight of 20.0 meters at 10.0 g/t gold. This confirms the presence of both high-grade and bulk-tonnage gold mineralization. With additional assay results pending, Sun Summit is set for further success as the exploration program continues. [Read full release here](https://sunsummitminerals.com/sun-summit-drills-122-5-metres-of-2-1-g-t-gold-including-20-0-metres-of-10-0-g-t-gold-at-the-creek-zone-jd-project-toodoggone-district-b-c/).
• September 19th: The company also intersected 43.5 meters of 1.4 g/t Au in the first hole drilled at the Creek Zone. This result highlights the untapped potential of this under-explored area. [Read full release here](https://sunsummitminerals.com/sun-summit-intersects-43-5-metres-of-1-4-g-t-au-including-3-6-metres-of-7-3-g-t-au-in-first-hole-drilled-at-the-creek-zone-jd-project-toodoggone-district-b-c/).
• September 5th: Sun Summit successfully completed its 2024 exploration program at the JD Project, with over 2,500 meters of drilling, surface sampling, and geophysical surveys, providing a wealth of data to guide future exploration. [Read full release here](https://sunsummitminerals.com/sun-summit-completes-2024-exploration-program-at-the-jd-project-toodoggone-b-c/).

The company’s achievements this past month are a testament to its potential, and we look forward to more exciting updates from their exploration efforts.

Watch President Sharyn Alexander 's presentation at the Metals Investor Forum:

Acuity Insights

At Acuity, we’ve been working hard to support our partners and clients with tailored investor relations strategies. In times of market volatility, strong investor relations are more important than ever. Read more about how Acuity can help your company communicate effectively, attract investment, and navigate challenging markets in our recent article on The Power of Effective Investor Relations Services: Unlocking Value for Public Companies.

We also had the pleasure of attending the Metals Investor Forum in September. Conferences like these provide an invaluable opportunity for junior companies to get in front of the right investors and industry leaders. Effective conference preparation can make a significant difference in maximizing exposure and creating strategic connections. Let Acuity help your company stand out at your next conference with tailored event support that includes storytelling, presentation guidance, and investor outreach. Contact us to learn more.

As we move through October, we’re eager to continue working closely with our partners, helping them navigate the opportunities in today’s market. These are exciting times, and while challenges remain, they present possibilities for those willing to persevere.

"Opportunities don't happen, you create them." — Chris Grosser

Here’s to a productive and prosperous October!

Book A Call or Email Us Today

Sincerely,

Jeffrey Wilson, Co-Founder and Partner

&

Roger Blair, Co-Founder and Partner

Vancouver, BC