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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 partystockeron Jun 12, 2022 10:52pm
203 Views
Post# 34750732

Summa Silver's Mogollon property delivers stellar results.

Summa Silver's Mogollon property delivers stellar results.

I’m stoked to hear follow up from Summa Silver (TSXV: SSVR) following the PDAC conference in Toronto next week. 


Summa recently delivered solid initial drilling results from the Mogollon property in New Mexico. Multiple intersects yielded over 400 g/t Ag, with shorter lengths delivering values up to 6,311 g.t Ag. 


The company is currently planning an aggressive drilling strategy on its historic mining properties. The work has just begun for Summa, with only 1.5% of the total prospective vein structure having been drilled. All other prospective areas remain largely unexplored. 


Summa is planning to resume drilling at Mogollon, anticipating 25,000 meters of drilling in 50 holes. 


Given the initial optimistic results from Mogollon, I’m expecting some big catalysts in the near future for Summa. 


$SSVR.v is currently trading at $.91, valued at $69.92 million. 


https://ceo.ca/@newsfile/summa-silver-drills-31-m-of-459-gt-silver-equiv-in

 
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