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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 1StockInformeron Mar 06, 2024 7:14pm
63 Views
Post# 35919343

SSVR.v Strikes a Vein: Unearths High-Grade Mineralization

SSVR.v Strikes a Vein: Unearths High-Grade Mineralization

Summa Silver Corp. (Ticker: SSVR.v or SSVRF for US investors) recently announced the significant findings from its inaugural drill operation at its Mogollon Project in New Mexico.


The first drill hole at the South Queen target unearthed a treasure trove of high-grade silver-gold mineralization, including 393 g/t silver equivalent (64 g/t Ag, 3.9 g/t Au) over 7.4 meters.


This intercept also contained 2,735 g/t silver equivalent (320 g/t Ag, 28.6 g/t Au) over 1.5 meters.

User image


This discovery opens up a promising avenue for Summa Silver, showcasing the vast potential hidden beneath the earth's surface at the Mogollon Project.


These findings not only validate the extensive geological modeling efforts but also hint at the promising prospects lying within the unexplored terrains of the Queen Vein. With mineralization open along-strike and down-dip, there's a compelling case for further exploration and drilling activities.


Positioned between the historic Deadwood and Eberle mines, which were previously exploited only at surface levels, the newly found mineralized zone reveals untapped depths brimming with silver and gold.


With assay results surpassing expectations, the Company is positioning itself for significant growth. 


Full Press Releases: 

https://summasilver.com/summa-silver-drills-high-grade-mineralization-in-first-hole-at-the-south-queen-target-mogollon-project-new-mexico/


Posted on behalf of Summa Silver Corp.

 
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