Summa Silver Corp. is pleased to announce that it has received drill permits for the high-grade silver and gold Mogollon Property, New Mexico. Key Highlights Classic Epithermal Vein Field: Largely incomplete records report that mines in the Mogollon district produced at least 16.4 million ounces of silver and 339 thousand ounces of gold at average [...]
Summa Silver Corp. is pleased to report results from a property-wide soil geochemical survey from its Hughes Property at Tonopah. Key Highlights Extensive Coverage: Over 2,700 samples were collected over a 5 km2 area representing the first-ever soil survey across this highly prospective land package. Robust Anomalies: Numerous multi-element soil [...]
Summa Silver Corp. is pleased to announce the discovery of additional high-grade silver and gold mineralization in the first two holes of the year at the Hughes Property near Tonopah. Key Highlights - Rescue Veins at the Belmont Mine. 11,992 g/t silver equivalent over 0.9 m from 432.1 m within. 4,408 g/t silver equivalent over 2.8 m from 430.6 m in [...]
Summa Silver Corp. is pleased to announce that it has acquired an additional 1,281 acres of mineral rights contiguous with the Hughes Property at Tonopah, Nevada via claim staking. In-the-Shadow of a Prolific American District: This newly staked portion of the property is within 2 km of the historic Tonopah Mining District, which produced 174 [...]
Summa Silver Corp. is pleased to report the results from two geophysical surveys at its Hughes Property, near Tonopah Nevada. First-Ever Exploration using Geophysics: Covering the unexplored hydrothermal alteration zones present on the eastern half of the property, these surveys are the first-ever known to have been done on the property, which [...]
Summa Silver Corp. is pleased to announce results from a 54-hole auger drill program completed in 2019 and 2020 which tested the tailings pile from the historic Belmont Mine. Widespread Mineralization: All 54 holes were mineralized from top to bottom with an average thickness of 2.9 m and average grade of 72 g/t AgEq*. The thickest section of [...]
Multiple Targets Ready-To-Drill Expanding on High-Grade Results from 2020 Summa Silver Corp. is pleased to announce that it has commenced an over 10,000 meter drill program at the Hughes Property near Tonopah, Nevada. The program will consist of both reverse circulation and core drilling. An RC rig is currently in full operation on the project and [...]
High-Grade Silver and Gold Intersections Confirmed in Step-Out Holes Significant Follow-Up Drill Program to Commence Shortly Summa Silver Corp. is pleased to announce additional high-grade silver-gold intersections from the Hughes Property in central Nevada. These results build on previously reported intercepts and demonstrate high-grade continuity [...]
VANCOUVER, BC, March 17, 2021 /CNW/ - Summa Silver Corp. is pleased to announce that it has engaged National Drilling EWP of Elko, NV to carry out drilling at the Company's high-grade silver-gold Hughes Property near Tonopah, Nevada in 2021. Drilling is expected to start in early to mid-April. The focus of the drilling will be to expand on [...]
Summa Silver Corp. is pleased to announce that it has closed the non-brokered private placement financing of units of the Company at a price of $1.00 per Unit for gross proceeds of $10,168,000. Participation in the Offering included an order of $2,000,000 from Mr. Eric Sprott. Each Unit is comprised of one common share of the Company and one-half [...]
Summa Silver Corp. is pleased to announce that it is increasing the size of the previously announced non-brokered private placement to up to 10,000,000 Units of the Company at a price of $1.00 per Unit for gross proceeds of $10,000,000. Participation in the Offering is now expected to include Mr. Eric Sprott, through 2176423 Ontario Ltd, a [...]
Toronto Stock Exchange, TSX Venture Exchange TMX Group today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for January 2021. TSX welcomed 23 new issuers in January 2021, compared with 10 in the previous month and 24 in January 2020. The new listings were 14 exchange traded funds, one closed end fund, two [...]
