Summa Silver Corp. announces that it has closed: its previously announced brokered private placement offering for gross proceeds of approximately $9.33 million consisting of 10,377,765 units of the Company at a price of $0.90 per Unit, with a non-brokered portion of the offering for gross proceeds of approximately $2.16 million consisting of [...]
Galen McNamara, Chief Executive Officer, Summa Silver Corp. and his team joined Monica Hamm, Manager, Client Success, Toronto Stock Exchange, to celebrate the Company's listing on TSXV and open the market. Summa Silver is a Canadian junior mineral exploration company. The Company owns a 100% interest in the Hughes property located in central Nevada [...]
Summa Silver Corp. is pleased to announce a brokered private placement offering of Units of the Company at a price of $0.90 per Unit for gross proceeds of up to $6,000,000. The Offering is being conducted by Research Capital Corporation and Eventus Capital, as co-lead agents and joint bookrunners. Each Unit will be comprised of one common share of [...]
Summa Silver Corp. is pleased to provide an update on exploration activities and to report results from a rock sampling program at its high-grade Mogollon Property, near Silver City, New Mexico. Sampling Highlights Ultra High Grades Present: Multiple samples returned grades which exceeded 1,000 g/t AgEq* and locally exceeded 5,000 g/t AgEq [...]
Summa Silver Corp. has approved the grant of 1,435,000 incentive stock options to officers, directors, and consultants of the Company. The options vest quarterly over a one-year period following the grant date, are exercisable at a price of $0.94, and expire on January 7, 2027. About Summa Silver Corp Summa Silver Corp. is a Canadian junior mineral [...]
Summa Silver Corp. is pleased to provide an update from on-going drilling at the high-grade silver-gold Mogollon Property, near Silver City, New Mexico. Figure 1: Example of mineralized core from the Queen Vein. Banded and brecciated quartz vein with clotted and banded silver sulfides circled in red. To view an enhanced version of Figure 1, please [...]
Summa Silver Corp. is pleased to announce additional high-grade silver and gold drill results from the Hughes Property at Tonopah, Nevada. Rescue Veins of the Past Producing Belmont Mine: 702 g/t silver equivalent over 3.9 m from 360.3 m including 1,733 g/t silver equivalent over 1.2 m from 363.1 m in SUM21-47 which is a 50 m step-out down-dip at [...]
Summa Silver Corp. is pleased to announce that it has signed an agreement to earn a 100% interest on two patented mining claims covering the Eberle Mine immediately adjacent to the Company's Mogollon property in southwestern New Mexico from a private landowner. Eberle Mine Highlights High Potential Target: The Eberle Mine, located at the [...]
Summa Silver Corp. is pleased to provide an update on property-wide geological, geophysical, and remote sensing surveys at its Mogollon Property, near Silver City, New Mexico. Key Highlights Surface Sampling: 326 channel and grab samples have been collected from the extensive number of surface prospect pits and trenches present on the property [...]
Summa Silver Corp. is pleased to announce that it has commenced drilling at the high-grade silver and gold Mogollon Property, New Mexico. Key Highlights Drilling Has Commenced: A core rig has been mobilized to site and is currently advancing the first hole of the program. "Unfinished Business" at the Consolidated Mine: Drilling will begin by [...]
Summa Silver Corp. is pleased to announce that it is, on an accelerated basis, completing all option payments to the vendor of the Hughes Property at Tonopah, NV to earn 100% ownership of the project, subject to a 1% NSR. The accelerated payments included US$ 275,000 in cash and the issuance of 364,209 common shares of the Company. Additionally [...]
Step-Out Holes Continue to Intersect High-Grade Silver and Gold as Strike Lengths Expand and Veins Widen Summa Silver Corp. is pleased to announce additional high-grade silver and gold intercepts from the ongoing drill program at the historically producing high-grade silver and gold Hughes Property at Tonopah, Nevada . Rescue Veins of the Past [...]