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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 SkywalkerofLukeon Jul 12, 2023 3:34pm
88 Views
Post# 35538003

Mogollon Project

Mogollon Project

SSVR.v SSVRF recently acquired an additional 3,985 acres of mineral rights in New Mexico at the Mogollon Silver Project.


None of the new areas have seen meaningful exploration activity and represent significant new discovery opportunities. 


With $9.5M in working capital, expect to see more catalysts coming in the future. 


After strong trading for several months, SSVR chart saw a sustained downtrend but now has tapered off and has been trading sideways over the past month demonstrating strong support at the $.50 range. Watch for the reversal.


https://summasilver.com/summa-silver-significantly-increases-project-size-at-the-high-grade-silver-gold-mogollon-project-new-mexico/
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