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.

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Summa Silver Corp > Good news for SSVR (Sprott Investment + Drilling Progress)

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Comment by XeniaTechieon Jan 04, 2023 12:44pm

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RE:Good news for SSVR (Sprott Investment + Drilling Progress)

I’m pretty enthusiastic about the recent success of SSVR’s private placement offering that generated gross ~$10.3M and led by a Sprott investment of $3M+. Strong case of following the money on this one, but their continued work at both sites are continually showing high potential with recent Mogollon results (drilling will complete by end of Feb with assay results to closely follow) showing strong zones of visual mineralization and continues to be open to further expansion. https://www.theassay.com/news/summa-silver-closes-eric-sprott-led-c10-3m-brokered-financing/

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