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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 SkywalkerofLukeon May 17, 2022 1:19pm
73 Views
Post# 34689666

Interview with CEO

Interview with CEO

Nice to see $SSVR.v $SSVRF getting support today and in the green.


This interview I watched with the CEO gave me a solid overview of the company and the strategy they deploy using historical mining districts.


Highlights


- Capital structure ($12M working capital - can and will execute 2 large drill programs this year)

- Breaks down the $100M market cap and how for their typical intersection grades (400-700 g/t AgEq) it is quite low when compared to other silver companies

- Breakdown of their 2 properties (Mogollon - largest historical silver producer in New Mexico, Hughes Property - eastern half of Tonopah district, second largest silver producer in Nevada)

- + more


A lot to love from these guys, IMO one to watch as they advance their projects this year.


https://www.youtube.com/watch?v=TJ0nIhS9AFA

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