Bullboard - Stock Discussion Forum Summa Silver Corp V.SSVR

Alternate Symbol(s): SSVRF

Metals & Mining Industrial Metals & Minerals

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... see more

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Summa Silver Corp > Article on SSVR's Work at Hughes & Mogollon

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Post by SkywalkerofLuke on Jun 02, 2023 4:21pm

Article on SSVR's Work at Hughes & Mogollon

Great article here on SSVR that really highlights the work they are doing at their two silver projects in Nevada and New Mexico.

At the Hughes Property in the historic Tonopah district in Nevada they are currently drilling 7 holes over 5 targets. The CEO has said that Tonopah Hughes produced over a strike length of about 4km, 175M ounces of silver. Meaning, if you add even a km or two to the Hughes strike length (which is where SSVR is starting to hit at the Ruby discovery) it puts in perspective how big these districts can get.

At the Mogollon Project in New Mexico they recently put results out for 19 holes - they’ve now drilled out a 500m x 300m area and are pushing for targets there (planning to drill again in September). + SSVR is cashed up w/ $10.5M in working capital.

https://www.streetwisereports.com/article/2023/05/30/drilling-bodes-well-for-junior-exploration-corp.html

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