SSVR.v Sets Sights on Extensive Drill Program at Mogollon Summa Silver Corp. (Ticker: SSVR.v or SSVRF for US traders) is advancing its Mogollon Project in New Mexico with a new resource-focused drilling initiative. Targeting the mineral-rich Queen vein, Summa aims to uncover and quantify high-grade silver and gold deposits over a 2 km stretch.
Summa's preliminary drilling along the Queen vein has yielded promising results, with key highlights including:
- 448 g/t AgEq* (129 g/t Ag, 3.88 g/t Au) over 31 meters
- 640 g/t AgEq (306 g/t Ag, 4.26 g/t Au) over 9.9 meters
- 433 g/t AgEq (134 g/t Ag, 3.66 g/t Au) over 23.2 meters
- 1,133 g/t AgEq (693 g/t Ag, 8.8 g/t Au) over 1.65 meters
- 393 g/t AgEq (64 g/t Ag, 3.9 g/t Au) over 7.4 meters
These results highlight the vein’s rich potential. The project has also shown strong metal recoveries, with flotation concentrates yielding 96.2% to 97.9% for silver and 97.7% to 97.8% for gold.
Summa Silver plans to expand the exploration of the Queen vein, which remains open for further discovery. The upcoming systematic drilling program will focus on infill and step-out drilling to assess grade continuity, essential for future mineral resource estimation.
One of SSVR's primary drill targets is located around the historic Consolidated Mine. This area has shown strong mineralization in previous drilling campaigns, with notable results of 448 g/t silver equivalent over 31 meters and 640 g/t silver equivalent over 9.9 meters. Further drilling will aim to map grade continuity and expand the known mineralized zones.
SSVR will also drill 1.2 km south of the Consolidated target, in areas the have also demonstrated high potential. The South Queen target reported 393 g/t silver equivalent over 7.4 meters and the Eberle target returned 1,133 g/t silver equivalent over 1.65 meters. Both targets are open for additional exploration to extend the mineralized zones.
Finally, the company's Clifton target, though yet to be drill-tested, has shown promising historic underground sampling results, with grades up to 382 g/t silver equivalent. The mineralization remains open in all directions, indicating significant exploration potential.
SSVR is finalizing its detailed plans and budgets for the upcoming drilling program, expected to commence in Q3 2024. The program aims to systematically explore and define the mineralized zones, providing crucial data for future resource estimates.
With these plans, SSVR is well-positioned to advance the Mogollon Project, leveraging its high-grade silver and gold potential to drive future growth and development.
Full news here: https://summasilver.com/summa-silver-reviews-high-potential-targets-and-plans-resource-style-drill-program/
Posted on behalf of Summa Silver Corp.