Summa Silver is pleased to provide assay results from a recently completed rock sampling program at its high-grade Kennedy Project. Results demonstrate the strong prospectivity for high-grade gold and silver mineralization across the under-explored project. Key Highlights Highlights from the sampling program include: 40.4 g/t Au, 232 g/t Ag from the Gold Note target 10.9 g/t Au, 724 g/t Ag from the Gold Note target 2.9 [...]
Summa Silver is pleased to announce, further to the Company's news releases dated March 23, 2022, March 16, 2023, and March 18, 2024 and subject to final approval from the TSXV, the Company will issue an aggregate of 112,324 common shares pursuant to two previously entered into amended and restated mining lease agreements. The common shares are being issued at a deemed value of $0.3516 per common share, being the 20-day [...]
Summa Silver Corp. is pleased to report that it has finalized technical reports detailing the mineral resource estimates , for the Company's 100% owned projects in the United States - the Hughes Project in Nevada and the Mogollon Project in New Mexico . The Technical Reports have been prepared for the MREs in accordance with National Instrument 43-101 and are available on the Company's website and filed on SEDAR+. Hughes [...]
Summa Silver Corp. is pleased to announce that it has acquired the Kennedy Project, located in Pershing County, Nevada, through low-cost claim staking. The Kennedy Project consists of 99 mineral claims spanning approximately 2,000 acres, is 100% owned by the Company, and is free of any royalties. Key Highlights : Past Producing District: The Project covers most of the historic Kennedy Mining District in north-central [...]
Eric Sprott announces that, on February 10, 2025, 1,111,100 common share purchase warrants of Summa Silver Corp., expired unexercised representing a decrease in holdings of approximately 3.6% of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned and controlled 19,972,200 Shares and 2,986,100 [...]
Summa Silver Corp. has approved the grant of 2,400,000 incentive stock options to officers, directors, and consultants of the Company. The options vest over a two-year period following the grant date, are exercisable at a price of $0.40, and expire on January 24, 2030. About Summa Silver Corp Summa Silver Corp is a junior mineral exploration company. The Company owns a 100% interest in the Hughes project located in [...]
Hughes Project in situ Mineral Resources Indicated: 10.47 Moz AgEq at 332 g/t AgEq contained in 0.98 Mt Inferred: 33.42 Moz AgEq at 418 g/t AgEq contained in 2.49 Mt Hughes Project Tailings Mineral Resources Inferred: 2.74 Moz AgEq at 68 g/t AgEq contained in 1.26 Mt Mogollon Project Mineral Resources Inferred: 32.08 Moz AgEq at 367 g/t AgEq contained in 2.72 Mt Summa Silver Corp. is pleased to report inaugural mineral [...]
Summa Silver Corp. is pleased to provide an update on its two 100% owned high-grade silver-gold projects in the southwest United States. Inaugural mineral resource estimates are currently being completed for the Hughes Project, Nevada and Mogollon Project, New Mexico , set to be released in early 2025. Key Highlights: Substantial Drilling Already Completed: The MREs will be based on approximately 40,000 m of drilling by [...]
Drilling is focused on evaluating the scale and continuity of significant silver-gold mineralization at the Ruby discovery Summa Silver Corp. is pleased to announce that exploration drilling has commenced at the Hughes Project, Tonopah, Nevada . Drilling is designed to test the highly-prospective eastern extension of the Tonopah Mining district starting at the significant Ruby discovery. Key Highlights: Drilling has [...]
Drilling to begin with evaluating the scale of significant silver-gold mineralization at the Ruby discovery Summa Silver Corp. is pleased to provide details regarding the upcoming drill program across the highly-prospective eastern extension of the Tonopah Mining district at the Hughes Project at Tonopah, Nevada . Key Highlights: Extension of the Tonopah District: Approximately 7,000 m of drilling is planned between the [...]
Summa Silver Corp. is pleased to announce the closing of its previously announced brokered offering of units of the Company at a price of $0.40 per Unit for aggregate gross proceeds of $6,483,000, including a partial exercise of the agents' option. The Offering was completed under a combined Listed Issuer Financing Exemption private placement and concurrent private placement to accredited investors . The Offering was led [...]
Summa Silver Corp. is pleased to announce that, due to strong investor demand, it has upsized its previously announced brokered private placement from $5,000,000 to $6,000,000. The Company will issue up to an additional 2,500,000 units at a price of $0.40 per Additional Unit for additional gross proceeds of up to $1,000,000. The Offering is being led by Research Capital Corporation and Eventus Capital Corp. as the co-lead [...]
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