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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 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

Summa Silver Corp
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Post by SkywalkerofLukeon May 17, 2022 1:19pm
95 Views
Post# 34689666

Interview with CEO

Interview with CEO

Nice to see $SSVR.v $SSVRF getting support today and in the green.


This interview I watched with the CEO gave me a solid overview of the company and the strategy they deploy using historical mining districts.


Highlights


- Capital structure ($12M working capital - can and will execute 2 large drill programs this year)

- Breaks down the $100M market cap and how for their typical intersection grades (400-700 g/t AgEq) it is quite low when compared to other silver companies

- Breakdown of their 2 properties (Mogollon - largest historical silver producer in New Mexico, Hughes Property - eastern half of Tonopah district, second largest silver producer in Nevada)

- + more


A lot to love from these guys, IMO one to watch as they advance their projects this year.


https://www.youtube.com/watch?v=TJ0nIhS9AFA

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