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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

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  • 1StockInformerX
Post by 1StockInformeron Jan 05, 2024 7:55pm
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Post# 35813385

SSVR Unveils High-Grade Vein Discovery at Hughes Project

SSVR Unveils High-Grade Vein Discovery at Hughes Project

Summa Silver Corp. (SSVR.v SSVRF) ended the year on a positive note, sharing a high-grade vein discovery in December. 


The discovery was made at SSVR's Hughes Project in Nevada. Notably, 392 g/t AgEq over 3.0 m was found in a newly identified vein zone about 650m east of the project's Ruby discovery. 


Overall, three new discoveries (open in all directions) were made at the Hughes Project in 2023, extending 1.5 km to 4.7 km along strike from the historic Tonopah mining district.


Currently, SSVR is drilling 2,000m at its Mogollon Project in New Mexico across three new targets along the project's Queen Vein. 


The Queen Vein has already returned 448 g/t AgEq over 31 m, 640 g/t AgEq over 9.9 m, and 433 g/t AgEq over 23.2 m, so it will be interesting to see what results the current drilling yeilds 


Full press release: https://summasilver.com/summa-silver-announces-additional-high-grade-discovery-at-the-hughes-project-nevada-commences-drilling-at-the-mogollon-project-new-mexico/

 
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