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Summa Silver Corp V.SSVR

Alternate Symbol(s):  SSVRF

Summa Silver Corp. is a Canada-based junior mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation activities at the Hughes property in Nevada and the Mogollon property in New Mexico. The Company owns a 100% interest in the Hughes project located in central Nevada. The Hughes Property is located in central Nevada and consists of approximately 57 patented mining claims and 103 unpatented mining claims. It covers an area of approximately 5,504 acres. The Company also holds a 100% interest in the Mogollon project located in southwestern New Mexico. The Mogollon project is located approximately 120 kilometers from Silver City in southwestern New Mexico. It covers a silver-gold bearing epithermal vein field.


TSXV:SSVR - Post by User

Post by StockHawk1on Feb 15, 2022 2:33pm
76 Views
Post# 34431000

$SSVR ramps up drilling at Mogollon Property

$SSVR ramps up drilling at Mogollon Property

Summa Silver ($SSVR $SSVRF) is in the green today with above average volume after providing an update yesterday on exploration activities at its high-grade Mogollon Property (Silver City, New Mexico).


The update included the announcement that drilling has accelerated at the property as a second diamond drill rig recently arrived on site and is now in full operation. 


So far, four drill holes have so far been completed and an additional 2 are in progress.


All holes drilled so far have intersected significant zones of quartz-carbonate veins, stockworks and breccias over core lengths of up to 50 m commonly featuring visible silver sulfide minerals.


Most promisingly, high-grade silver mineralization has been intersected over an area of 500 x 300 m.


Worth the read if you're invested in $SSVR or thinking of doing so: https://www.barrons.com/articles/summa-silver-accelerates-drilling-at-the-mogollon-high-grade-silver-project-new-mexico-01644842453


$SSVR @ $1.15, MC $73.352M
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