Summa Silver Corp V.SSVR

Alternate Symbol(s): SSVRF

Metals & Mining Industrial Metals & Minerals

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.

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Summa Silver Corp

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Post by waves1on Feb 23, 2022 1:41pm

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Post# 34454606

SSVR in the green & "Silver sees safe haven buying"

Summa Silver ($SSVR.v $SSVRF) up 7% so far today in the wake of its update on exploration activities at the Mogollon Property!

Recap of Highlights:
• Accelerated drilling with second diamond rig in full operation
• Drill holes progressing: 4 holes completed so far, 2 in progress
• Strong vein zones intersected at all holes
• Consolidated extension target: Avg grade of 506g/t AgEq over avg length of 12m
• Target represents only 1.5% of the total vein and structure strike present

With the Russia-Ukraine situation heating up, the market will likely be quite volatile for a while but silver is still set to see some upside
https://www.kitco.com/news/2022-02-22/Gold-silver-see-safe-haven-buying-as-markets-on-war-footing.html

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