Summa Silver Announces Closing of $10,312,300 Brokered Financing, Led By Eric Sprott
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to announce that it has closed its previously announced brokered private placement offering (the "Offering") for aggregate gross proceeds of approximately $10,312,300 from the issuance of 12,890,375 units of the Company (the "Units"), including the partial exercise of the agents' option, at a price of $0.80 per Unit. Mr. Eric Sprott subscribed into the Offering as...
2022-12-29 9:15 AM EST
Summa Silver Intersects Significant Visible Mineralization in Step-Out Holes along the Queen Vein at Mogollon, New Mexico
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQB: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to provide an update from on-going drilling at the high-grade silver-gold Mogollon Project, near Silver City, New Mexico.Key Highlights Five more holes have intersected the Queen Vein where all eleven holes drilled to date have cut zones of intermittent to continuous quartz-carbonate veining and breccia with local zones of silver-bearing sulfides over an average core length of...
2022-12-15 7:35 AM EST
Summa Silver Identifies Extensions of High-Grade Silver-Gold Veins at the Mogollon Project, New Mexico
Vancouver, British Columbia--(Newsfile Corp. - October 26, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to announce that it has identified vein-extensions at the high-grade Mogollon Project near Silver City, New Mexico.Key Highlights:There are Significant Extensions to High-Grade Veins: Rock sampling shows that high-grade mineralization exists in new areas not previously prospected in modern times (see attached figure). Great Western Vein: Samples of this vein returned up to 4,058...
2022-10-26 7:35 AM EDT
Summa Silver Resumes Drilling at the High-Grade Mogollon Silver Project, New Mexico
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE:48X) ("Summa" or the "Company") is pleased to announce that it has resumed exploration drilling at its high-grade Mogollon silver project near Silver City, New Mexico. Key Highlights:There's Unfinished Business at the Consolidated Mine: Exploration drilling has resumed around the historic Consolidated Mine, where mining was halted prematurely in 1942 by order of the federal government at the onset of World War II....
2022-09-28 7:35 AM EDT
Summa Silver Reports Additional High Grade Results from the Hughes Project, Intersecting 535 g/t AgEq over 4.6 m Including 1,273 g/t AgEq over 1.4 m
Vancouver, British Columbia--(Newsfile Corp. - September 13, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to report continued intersections of high-grade silver and gold mineralization from the Hughes Project, near Tonopah, Nevada. Seven of the eight holes tested the Murray target on the western side of the project demonstrating excellent continuity from previous drilling results.Murray Target:● All holes intersected multiple zones of stacked, vein-hosted...
2022-09-13 7:35 AM EDT
Summa Silver Stakes New Mining Claims at the High-Grade Mogollon Silver Project, New Mexico
Vancouver, British Columbia--(Newsfile Corp. - August 30, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to announce that it has staked a large package of contiguous mining claims at its high-grade Mogollon Project near Silver City, New Mexico.Key Highlights:In-the-Shadow of a Significant American Mining District: The newly staked claims are contiguous with the Mogollon Project and are located to the north and west of the Consolidated Extension target (see attached figure)....
2022-08-30 7:35 AM EDT
Summa Silver Announces Mogollon Project Anniversary Payment
Vancouver, British Columbia--(Newsfile Corp. - August 17, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to announce that in connection with the option and joint venture agreement dated August 21, 2020 with Allegiant Gold Ltd. with respect to the Company's Mogollon property, the Company intends to issue 1,010,169 common shares at a deemed price of $0.633 per common share in order to satisfy the US$500,000 second anniversary payment. The common shares...
2022-08-17 5:00 PM EDT
Summa Silver Announces Warrant Extension
Vancouver, British Columbia--(Newsfile Corp. - July 27, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to announce that it has a received approval from the TSXV Venture Exchange to extend the expiry date of a total of 4,000,000 outstanding common share purchase warrants (the "Warrants").The Warrants were issued pursuant to a non-brokered private placement of 8,000,000 units at a price of $1.00 per unit on August 5, 2020. Each unit...
2022-07-27 11:14 PM EDT
Summa Silver Provides Drilling Update from the High-Grade Silver-Gold Hughes Project, Nevada
Vancouver, British Columbia--(Newsfile Corp. - July 20, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (Frankfurt: 48X) ("Summa" or the "Company") is pleased to provide an update on its exploration activities across the high-grade Hughes Project, near Tonopah, Nevada (the "Hughes Project").Key Highlights:Assays Pending from Multiple Holes: The Company has drilled eight holes at the Hughes Project concentrating on resource style spacing at the Murray and Belmont target areas (see attached figure).Mineralization Encountered: All holes have intersected zones of...
2022-07-20 7:35 AM EDT
Summa Silver Announces Up-Listing to OTCQX
Vancouver, British Columbia--(Newsfile Corp. - June 15, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to announce that its common shares are now trading on the OTCQX Best Market under the ticker symbol "SSVRF". The Company's common shares has been up-listed to the OTCQX from the OTCQB in the United States. Summa Silver's common shares will continue to trade on the TSX Venture Exchange under the symbol SSVR.The OTCQX Best...
2022-06-15 7:35 AM EDT
Summa Silver Drills 31 m of 459 g/t Silver Equiv. in 270 m Step-Out Hole at Mogollon, New Mexico
All Holes at Mogollon have Intersected High-Grade Silver and Gold Zones that Remain Open in All DirectionsMOG22-05 is Best Hole Drilled in Company HistoryVancouver, British Columbia--(Newsfile Corp. - May 3, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQB: SSVRF) (FSE: 48X) ("Summa" or the "Company") announces high-grade silver and gold drill results from the Mogollon Property near Silver City, New Mexico.Key Highlights:31.0 m at 459 g/t silver equivalent* (3.88 g/t Au, 129 g/t Ag) including 0.5 m at 6,311 g/t...
2022-05-03 7:35 AM EDT
Summa Silver Significantly Expands the High-Grade Hughes Property in Nevada
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQB: SSVRF) (FSE:48X) ("Summa" or the "Company") announces it has acquired an additional 1,446 acres of mineral rights contiguous with the Hughes Property near Tonopah, Nevada via claim staking.Key HighlightsIn-the-Shadow of a Prolific American District: The newly staked claims are contiguous with the Hughes property and are centered approximately 4.6 km northeast of the Belmont Mine and 3 km northeast of the Ruby Discovery (see attached figure).Property...
2022-03-28 7:35 AM EDT
Summa Silver Announces Amended Lease Agreements at the High-Grade Mogollon Silver Project, New Mexico
Vancouver, British Columbia--(Newsfile Corp. - March 23, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQB: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to announce, subject to final approval from the TSX Venture Exchange (the "TSXV"), the Company will issue an aggregate of 27,400 common shares pursuant to two previously entered into amended and restated mining lease agreements (collectively, the "Amended Lease Agreements"). The common shares are being issued at a deemed value of $1.24 per common share, being the...
2022-03-23 7:35 AM EDT
Summa Silver's First Drill Results from Mogollon Return 11.6 m of 450 g/t Silver Equiv. including 0.9 m of 1,940 g/t Silver Equiv.
Assays from All Holes Drilled to Date Reveal Multiple High-Grade Silver and Gold Zones with Two Holes Pending and 34 Km of Strike Potential Identified10,000 m Two-Rig Drill Program Beginning At the Hughes Property, NevadaVancouver, British Columbia--(Newsfile Corp. - March 3, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQB: SSVRF) (FSE:48X) ("Summa" or the "Company") announces high-grade silver and gold drill results from the Mogollon Property near Silver City, New Mexico and the commencement of a significant drill program at...
2022-03-03 7:35 AM EST
Summa Silver Intersects Substantial Visible Mineralization in the Queen Vein with Multiple Holes at Mogollon, New Mexico
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQB: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to provide an update from on-going drilling at the high-grade silver-gold Mogollon Property, near Silver City, New Mexico.Key Highlights Five More Holes Intersect the Queen Vein: All six holes drilled so far have intersected 17-50 m zones of intermittent quartz-carbonate veining and brecciation with local concentrations of silver-bearing sulfides (see attached figures). Core Photos: A complete set...
2022-02-24 7:35 AM EST
Summa Silver Accelerates Drilling at the Mogollon High-Grade Silver Project, New Mexico
Vancouver, British Columbia--(Newsfile Corp. - February 14, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQB: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to provide an update on exploration activities at its high-grade Mogollon Property, near Silver City, New Mexico. Key Highlights Accelerated Drilling at Mogollon: A second diamond drill rig has recently arrived on site and is now in full operation. Both rigs are focused on testing for unmined extensions of the historically producing high-grade Consolidated Mine.Drill Holes...
2022-02-14 7:35 AM EST
Summa Silver Announces Closing of $11.5 Million Private Placement, led by Investments from Eric Sprott and First Majestic Silver
Vancouver, British Columbia--(Newsfile Corp. - February 10, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQB: SSVRF) (FSE: 48X) ("Summa" or the "Company") announces that it has closed: (i) its previously announced brokered private placement offering (the "Offering") for gross proceeds of approximately $9.33 million consisting of 10,377,765 units of the Company (the "Units") at a price of $0.90 per Unit (the "Offering Price"), with a non-brokered portion of the offering ("Non-Brokered Portion") for gross proceeds of approximately $2.16 million consisting of...
2022-02-10 9:51 AM EST
Summa Silver Samples Multiple Undrilled High-Grade Veins Above 1,000 g/t Silver Equiv. at Mogollon, New Mexico
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQB: SSVRF) (FSE: 48X) ("Summa" or the "Company") 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 HighlightsUltra High Grades Present: Multiple samples returned grades which exceeded 1,000 g/t AgEq* and locally exceeded 5,000 g/t AgEq* (see Table 1).Widespread High-Grade Silver and Gold: The sampled area covers...
2022-01-20 7:35 AM EST
Summa Announces the Grant of Stock Options to Officers, Directors and Consultants
Vancouver, British Columbia--(Newsfile Corp. - January 7, 2022) - Summa Silver Corp. (TSXV: SSVR) (OTCQB: SSVRF) (FSE: 48X) ("Summa" or the "Company") 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 CorpSumma Silver Corp is a Canadian junior mineral exploration company. The Company owns a...
2022-01-07 6:38 PM EST
Summa Silver Intersects 50 Meter Vein Zone with Visible Mineralization in First Hole at Mogollon, New Mexico
Vancouver, British Columbia--(Newsfile Corp. - December 14, 2021) - Summa Silver Corp. (TSXV: SSVR) (OTCQB: SSVRF) (FSE: 48X) ("Summa" or the "Company") 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
2021-12-14 7:35 AM EST