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 Betteryear2on Apr 20, 2023 9:56am

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Post# 35405007

Summa Silver Drills 23.2 m of 433 g/t Silver Equiv.

High-grade silver and gold mineralization remains open in multiple directions

Vancouver, British Columbia--(Newsfile Corp. - April 20, 2023) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to report all remaining assay results from the recently completed drill program and an update from on-going data compilation at the high-grade silver-gold Mogollon Project near Silver City, New Mexico.

Key Current Drilling Highlights (see attached figures)

23.2 m at 433 g/t silver equivalent* (3.66 g/t Au, 134 g/t Ag) including 1.2 m at 2,686 g/t silver equivalent* (26.3 g/t Au, 484 g/t Ag) both beginning at 240.5 m in MOG23-16.
15.5 m at 250 g/t silver equivalent* (2.29 g/t Au, 60 g/t Ag) beginning at 186.6 m and 10.3 m at 234 g/t silver equivalent* (2.12 g/t Au, 59 g/t Ag) beginning at 221.1 m in MOG22-12.
This mineralized zone remains open in multiple directions with strong silver-gold assays returned from holes at both ends of the current drilling pattern.
Work is just beginning at the Mogollon project with this first target representing only 1% of the total vein and structure strike length present at the project.

Summa Silver Drills 23.2 m of 433 g/t Silver Equiv. including 1.2 m at 2,686 g/t Silver Equiv. at the High-Grade Silver-Gold Mogollon Project, New Mexico (newsfilecorp.com)