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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 owns a 100% interest in the Hughes project located in central Nevada and in the Mogollon project located in southwestern New Mexico. The Hughes Property is located within and adjacent to the town of Tonopah, Nevada, the County Seat of Nye County, in the west-central part of the State. The Property comprises approximately 57 patented mining claims and 246 unpatented mineral claims, covering a total of roughly 5,504 acres. The Property is in the heart of the Tonopah Mining District, a silver and gold producing district in Nevada. The Mogollon Property is located in Catron County in southwest New Mexico, adjacent to the small town of Mogollon. The Property comprises 85 patented mining claims and 403 unpatented mineral claims, which cover approximately 7730 acres (3128 hectares) of land. It covers a silver-gold bearing epithermal vein field.


TSXV:SSVR - Post by User

Post by waves1on Mar 04, 2022 12:38pm
82 Views
Post# 34483745

All holes revealed multiple high-grade silver&gold zones

All holes revealed multiple high-grade silver&gold zones
Great news from Summa Silver ($SSVR.v $SSVRF) yesterday as they received the first drill results from the Mogollon Property which returned 11.6m of 450g/t silver equivalent, including 0.9m of 1,940 g/t silver equivalent.
 
To date, assays from all holes drilled reveal multiple high-grade silver and gold zones, with two holes pending and 34km of strike potential identified 
 
The newly drilled mineralized zone is open to expansion in all directions, and $SSVR has an aggressive drill plan with 25,000m of drilling at Consolidated in 50 holes.
 
Plus, $SSVR has commenced a 10,000m two-rig drill program at the Hughes Property in Nevada! The priority targets are the Murray and Belmont areas where previous drilling intersected strong mineralization.
 
The confirmation of high-grade silver mineralization from the first set of holes at Mogollon is notable, especially given there is over 34km of identified strike potential, plus, $SSVR is well funded to execute on their plan to create shareholder value with the completion of the recent $11.5M in financing. 
 
https://ca.news.yahoo.com/summa-silvers-first-drill-results-123500725.html
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