Recent data from the The Silver Institute highlights our ideal positioning: for the 4th year in a row, silver is in a growing structural supply deficit. With the US importing 79% of its silver, Summa Silver Corp is one of very few companies with 2️⃣ US silver projects. Learn more about our Hughes and Mogollon Projects in the USA → https://lnkd.in/gNWSvmG8
Summa Silver Corp
Mining
Rapidly advancing 2 US silver projects: Hughes 32.9M oz AgEq Inferred. 10.2M oz Indicated. Mogollon 32M oz AgEq Inferred
About us
Summa Silver is rapidly advancing 2 US silver projects: The Hughes Project in Tonopah, Nevada and the Mogollon Project in New Mexico. The Hughes project has 32.9 Million oz AgEq in the Inferred category¹. In the indicated category, the Hughes Project has 10.2 Million ounces AgEq¹. In New Mexico, our Mogollon Project has 32 Million oz AgEq in the inferred category¹. There are three good reasons to own Summa Silver: 1) We have two American high grade silver projects which were once prolific historic producers. 2) For the first time, we recently published two high grade mineral resource estimates for both of our US Silver projects (Tonopah/Hughes Project and New Mexico/Mogollon Project). 3) Summa is led by a very strong & proven management team with a track record of multiple discoveries that generated significant shareholder value. ¹AgEq is based on silver and gold prices of $25/oz and $2100/oz respectively, and recoveries for silver and gold of 90% and 97%, respectively for the Hughes Project, and 97% and 97%, respectively, for the Mogollon Project. AgEq Factor= (Ag Price / Au Price) x (Ag Rec / Au Rec); g AgEq/t = g Ag/t + (g Au/t / AgEq Factor)
- Website
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https://www.summasilver.com/
External link for Summa Silver Corp
- Industry
- Mining
- Company size
- 11-50 employees
- Headquarters
- Vancouver
- Type
- Public Company
Locations
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Primary
Vancouver, CA
Employees at Summa Silver Corp
Updates
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On our recent news that Summa Silver Corp has identified high-grade gold-silver at our Kennedy Project in Nevada, CEO Galen McNamara stated: “These assay results underscore the exceptional high-grade potential of the Kennedy Project. With approximately 22 km of known veins exposed at surface across the project area, we’re only beginning to grasp the scale of this system. The true strike length and depth of these vein systems remain largely undefined, as the district has yet to benefit from systematic modern exploration techniques. This represents a compelling opportunity to unlock significant value through targeted, data-driven efforts.” See the release for more information and important disclosures → https://lnkd.in/ep-_k2uf
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Today we announced assay results from a recently completed rock sampling program at our high-grade Kennedy Project in northern Nevada 🇺🇸 Results demonstrate the strong prospectivity for high-grade gold and silver mineralization across the under-explored project. Rock Samples A reconnaissance-style prospecting and sampling program was recently completed by Summa’s exploration team on unpatented mining claims of the Kennedy Project (see February 27th, 2025 news release https://lnkd.in/gseznmec ). The purpose of the program was to confirm the presence of high-grade gold-silver mineralization across two priority target areas; GoldNote and Coyote (Figure 1 - attached). Areas of historic surface workings (e.g., blast pits and mine dumps) as well as subcrop and float were sampled. In total, 23 samples were collected. Gold Note: Most of the historic gold production in the Kennedy district was from the Gold Note mine. The mine was centered on a series of high-angle, broadly east-west striking quartz veins hosted in volcanic and sedimentary rocks and traced for over 350 m. Waste material from the mine has been stacked in dumps near the main Union and No. 2 adits (Figure 1 - attached). Sampling of these dumps returned grades up to 40.4 g/t Au with 232 g/t Ag and 10.9 g/t Au with 724 g/t Ag (Table 1) and average 9.3 g/t Au with 218 g/t Ag. These results agree with historic mine grades which were reportedly as high as 15.5 g/t Au with 311 g/t Ag¹. Coyote: The northwest-striking Coyote vein system is centered approximately 600 m north of the Gold Note mine. Veins and quartz-cemented breccias of the Coyote target are hosted primarily in granite and quartz-phyric rhyolite. Sampling of dump material, subcrop and float from the main Coyote target returned grades up to 10.9 g/t Au with 35.5 g/t Ag and 2.9 g/t Au with 759 g/t Ag (Table 1). Sampling 600 m along strike to the northwest returned 5.7 g/t Au with 20.8 g/t Ag (sample 350121, Table 1). Selective sampling across the Gold Note and Coyote targets clearly demonstrate the scale and high-grade potential of vein-systems typical of the Kennedy Project. ¹ Klopstock, Paul (1913) The Kennedy mining district, Nevada, American Institute of Mining Engineers Bulletin, v. 77. p. 1041-1046 ¹ See the release for more information and important disclosures → https://lnkd.in/ep-_k2uf
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We have news: Summa Silver Corp Confirms High-Grade Gold-Silver at the Kennedy Project, Nevada → Samples up to 40.4 g/t Gold and 724 g/t Silver ⚡️ 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 g/t Au, 759 g/t Ag from the Coyote target → Widespread High-Grade Mineralization: High-grade gold and silver in veins and breccias identified in underexplored areas, untouched by modern systematic exploration. → Strong Discovery Potential: Over 22 km of high-grade gold-silver quartz veins have been traced at surface, revealing a complex, district-scale system. → Historical Data Compilation: Digitization of all available historic mining data is ongoing and will help focus future exploration programs. → Drilling Complete at Hughes: Six deep holes tested multiple target horizons across the eastern extension of the Tonopah Mining District, all intersecting quartz veins, stockworks, and breccias. Assays are pending and will be reported when complete. See the release for important disclosures → https://lnkd.in/ep-_k2uf
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Since 2020, Summa Silver Corp has stood out as a leading silver explorer by minimizing dilution. We believe our commitment to protecting shareholders by minimizing dilution sets us apart among our silver peers.
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Our head of IR Giordy Belfiore with Daniela Cambone 🎙️ "...we're drilling at our Hughes project in Nevada. The goal is to not only add ounces and systematically grow the deposit, but to start stepping out and show the true scale..." Watch the full interview now → https://lnkd.in/gdcANG_b
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🤝 Join Summa Silver Corp at the CEM Capital Conference in Scottsdale, Arizona next week 📍 April 11-13, 2025 📧 Book a 1x1 meeting → giordy@summasilver.com Register now → https://lnkd.in/gRBiNSu9
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Metrics matter. Summa Silver Corp is one of the leading silver explorers based on two very important measures: 1) On a market cap to "ounces in the ground" basis, we represent one of the best values out there; and 2) We have one of the tightest share structures among any of our silver peers. See the full presentation and learn more about these and other metrics at → https://lnkd.in/gy2Q9CvW
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Today at 1:05 PM Pacific / 4:05 PM Eastern Summa Silver Corp will be attending a special CEO Webcast with Amvest Capital. Register now to hear the latest about Summa Silver Corp from our CEO Galen McNamara → https://lnkd.in/gy2Q9CvW
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There’s a lot happening at Summa Silver Corp ⚡️ 🆕 US acquisition of the Kennedy Project – 2,000 acres in Nevada 🇺🇸 ⏳ Awaiting drill results from our Hughes Project in Nevada 🇺🇸 2️⃣ NI 43-101s filed for both Mogollon and Hughes 🇺🇸🇺🇸 Learn more about our value drivers at Summa Silver Corp → https://lnkd.in/g9jdeDFz
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