Summa Silver Corp’s cover photo
Summa Silver Corp

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
https://www.summasilver.com/
Industry
Mining
Company size
11-50 employees
Headquarters
Vancouver
Type
Public Company

Locations

Employees at Summa Silver Corp

Updates

  • 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

  • Finding our metals and our commodities from domestic sources is becoming more and more important these days 🇺🇸 Galen McNamara, CEO of Summa Silver Corp talks with David Lin 🎙️ → "This is a good [slide] to show because it shows the split between our two projects. In Nevada in the green bars in the indicated category, we've got 10.2 million ounces. And then in the inferred category, an additional underground 33 million ounces. And that's at the Hughes property in Nevada. And then move to New Mexico, the blue bar at the top on the left, an additional 32 Million ounces on that project as well. Why does this really matter in terms of American silver ounces in the ground? 🇺🇸 If you look at high grade projects that aren't in the hands of a major mining company – depending on how you define what high grade silver is – you can almost count them on one hand. And we've got two of them. Again: why does it matter? They're in the U.S. Just to put context on the geopolitical situation it's finding our metals and our commodities from domestic sources is becoming more and more important these days. And a lot of people maybe think that, hey America doesn't have big metal deposits. They absolutely do. And developing them domestically, I think is really important because it's not if you get your oil or anything from other places, maybe in the 3rd world or different places, whatever it can sometimes be dollars for dictators. And I think just think that's fundamentally wrong. We have good mineral resources in our countries in the Western world. So let's develop them..." /end See the full interview at David Linhttps://lnkd.in/gk4hKZZR

  • Summa Silver Corp CEO Galen McNamara caught up with David Lin on the subject of US tariffs and the company's two new mineral resource estimates: David Lin: "Okay. So let's say tariffs happen. Let's say Trump announces tariffs on all Canadian goods. Suppose that were to come back. What's your initial reaction as a CEO of an explorer? Galen McNamara my initial reaction is that deposits are in the United States. We're not going to be subjected to these tariffs. The biggest silver producer in the world, Mexico would be. That's an advantage for us competitively at our company. At Summa Silver Corp we're working in the U S and our silver deposits are in the United States. So we would have been not subjected to those tariffs. And silver deposits in the United States that are high grade like ours are very rare.   See the full interview on The David Lin Report → https://lnkd.in/gAA_AJ6i

  • We have news: Summa Silver Corp Acquires The Kennedy Project – A New Gold-Silver Project in Nevada. Consisting of approximately 22 km of veins which have not seen systematic modern exploration, The Kennedy Project consists of 99 mineral claims spanning approximately 2,000 acres. This new US project is 100% owned by the Company, and is free of any royalties. “It’s not often that a significantly underexplored high-grade historic mining district in Nevada is open for staking. As many explorers in the state know, multiple important Nevada discoveries have been made by re-evaluating historic mining districts like this. Although we will continue to direct our focus to the Hughes and Mogollon projects, we look forward to advancing the Kennedy Project to drill-ready status in the coming months,” stated Galen McNamara, CEO of Summa Silver Corp. See the release for more information and important disclosures → https://lnkd.in/gseznmec See the release for more information and important disclosures → https://lnkd.in/gseznmec

  • Galen McNamara, CEO of Summa Silver Corp, speaks with Rachel Lee about how the company's two new inaugural resource estimates put the company on the starting line. "These [estimates] really are going to help benchmark our value going forward...two resources in the inferred category – and this is between two projects – in the inferred category about 68 million ounces. In the indicated category an additional 10 million ounces..."

  • New interview with Summa Silver Corp CEO Galen McNamara and Peter Krauth at the recent Metals Investor Forum: “I think we have a pathway to 100 Million ounces on each [project] and it's just a matter of diligently going after those ounces...” – Galen McNamara on the potential of our Nevada and New Mexico projects. See the full interview → https://lnkd.in/g4a4-t8d

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Funding

Summa Silver Corp 3 total rounds

Last Round

Post IPO equity

US$ 4.3M

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