Summa Silver Corp V.SSVR

Hard Money & Clean Tech - SSVR on Grizzle

[MarketMakerss]

Joining Grizzle Media, Summa Silver (SSVR.v SSVRF) CEO Galen McNamara detailed the complexities behind the silver market alongside the company's strategic approach to exploration and development at its New Mexico and Nevada Assets: https://youtu.be/3rhwcwDBVe4?si=y--O1nA55KBuRUF5

 

Silver's extensive use in clean and green technologies makes it a key driver for the metal, especially in regards to the substantial amount required for solar panels. Fueling increased demand, the extensive commitment to clean technologies worldwide hints at significant long-term growth for silver.

 

However, this growth is compounded by a lack of supply due to the scarcity of high-grade silver deposits, opening up a vast market opportunity

 

The High-Grade Mogollon {roject in New Mexico

The Mogollon Project is the largest historical silver producer in New Mexico with at least 16.4Moz Ag and 339kox Au of production at grades of 298g/t Ag and 6.16 g/t Au or 795 g/t AgEq between the 1880s and 1943.

 

Hinting at the potential for Mogollon to be one of the last great veins fields in the US due to its under-explored nature. SSVR hitting two strong mineralized intersections at its first hole in between two old mines is a significant testament to the strength of the Queen Vein.

 

Substantial discovery potential remains as this drilling tested just two of the 77km of potentially silver-bearing vein length on project and targets along the Queen Vein representing only 2.5% of the total vein and structure length on the project.

 

Last month, SSVR unveiled the intersection of multiple zones of strong epithermal-related silver-gold mineralization at the Mogollon Project in New Mexico, with highlights including

• 393 g/t silver equivalent* (64 g/t Ag, 3.9 g/t Au) over 7.4 m from 242.4 m down hole (60 m vertical depth), including 2,735 g/t silver equivalent* (320 g/t Ag, 28.6 g/t Au) over 1.5 m
• 357 g/t silver equivalent* (186 g/t Ag, 2.2 g/t Au) over 0.9 m from 201.2 m down hole

 

Notably, this hole represents a 1.4 km step out on the Queen Vein where mineralization remains open in all directions, attesting to both the size and scale of the vein.

 

Located between two historic producers, the newly intersected mineralized zone is located between the Deadwood and Eberle mines and the results support the high-prospectivity of the entire Queen Vein where mineralization is open along-strike and down-dip warranting systematic follow-up drilling.

 

Full News Release: https://summasilver.com/summa-silver-drills-high-grade-mineralization-in-first-hole-at-the-south-queen-target-mogollon-project-new-mexico/

 

Posted on Behalf of Summa Silver Corp.