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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 partystockeron Mar 29, 2022 12:45pm
87 Views
Post# 34555818

$SSVR.v Expands Hughes Property By 40%

$SSVR.v Expands Hughes Property By 40%

Summa Silver (TSXV: SSVR) has expanded its Hughes property by 40% via the acquisition of an additional 1446 contiguous acres of mineral rights. The Hughes property now covers a largely unexplored 5504 acres total. 


$SSVR.v strongly believes that the potential for new discoveries immediately surrounding the Tonopah area of the claim remains high, and plans to aggressively pursue targets soon.


Updates from the Hughes property should provide catalysts to push shares into new highs on the current trend. $SSVR.v is currently up 47% from December and is currently on a dip after testing resistance. Shares are currently trading at $1.26 and the company is valued at $96.81M. 


https://ceo.ca/@newsfile/summa-silver-significantly-expands-the-high-grade-hughes

 
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