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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 Oct 17, 2023 5:43pm
118 Views
Post# 35687992

Data compilation reveals numerous high-grade zones @ Hughes

Data compilation reveals numerous high-grade zones @ Hughes
Summa Silver (SSVR.v SSVRF) has identified numerous high-grade zones of up to 3,204 g/t silver equivalent in the Belmont Mine, Hughes Project in Nevada! 
 
From an ongoing data compilation and geologic modeling at its Hughes Project in Nevada, this data highlights the exploration potential of multiple, previously untested high-grade zones in the historic Belmont Mine.
 
Galen McNamara, CEO, stated:
"At Hughes, compilation of historic data has outlined numerous exploration targets in the Belmont Mine. In its heyday in the 1920s, the Belmont Mine was one of America's great silver producers. Since restarting exploration here in 2020 after decades of no activity, our work has shown that significant high-grade zones of silver and gold remain un-mined. This is also true throughout the entire historic Tonopah Mining District, where our neighbor Blackrock Silver just announced a 100M ounce silver equivalent resource at over 500 g/t silver equivalent on their Tonopah West project. On our side of the project boundary, we have outlined both new discoveries and un-mined zones of high-grade mineralization over a 6.5 km trend length. All zones discovered to date remain open to significant expansion and require follow up."
 
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