Summa Silver Corp (SSVR) News

Silver prices could rise due to the high gold/silver ratio, increased industrial demand, technological advancements, and potential speculative investments.
https://www.benzinga.com/opinion/24/07/40019315/four-reasons-silver-soars-in-2024

Summa Silver Corp. is advancing its high-grade silver projects in Nevada and New Mexico to meet future demand, currently preparing for a resource-style drill program to explore its Mogollon Project's under-explored Queen Vein https://summasilver.com/

Marking the best-performing asset in the first half of 2024 (Source: https://x.com/peter_krauth/status/1808871211985727706), silver plays a crucial role in the clean energy transition due to its unmatched conductivity, essential in solar cells and electric vehicles.

Located amid this unique opportunity, Summa Silver (SSVR.v SSVRF) stands to benefit as it is planning an upcoming resource-style drill program set to commence in Q3 at its high-grade Mogollon Project in New Mexico: https://www.reddit.com/r/RichTogether/comments/1e5v3xi/detailed_breakdown_gold_reaches_new_highs_wont_be/

The Silver Institute predicts a 20% rise in silver demand from the photovoltaic sector, amid a 1% drop in silver production, causing market imbalances.
https://www.theglobeandmail.com/investing/markets/stocks/FVL/pressreleases/26187406/silvers-bright-future-green-energy-fuels-demand-surge/

Meanwhile, Summa Silver Corp. (SSVR.v or SSVRF) has announced a new drilling program to explore the Queen vein of its Mogollon Silver Project.
https://ca.finance.yahoo.com/news/summa-silver-reviews-high-potential-110500146.html

SSVR.v has planned a new drilling initiative at its Mogollon Project in New Mexico, set to begin in Q3. The company will target the project's Queen vein to identify significant silver & gold deposits over a 2 km stretch. Previous intercepts at some of the planned targets include 448 g/t AgEq over 31m, 640 g/t over 9.9m and 1,133 g/t over 1.65m. Full news summary here⬇️
https://www.reddit.com/r/TSXPennyStocks/comments/1dns8vd/summa_silver_ssvrv_sets_sights_on_extensive_drill/

https://x.com/TheTSXDude/status/1803919533616537838

Summa Silver Corp. (Ticker: SSVR.v or SSVRF for US traders) is advancing its Mogollon Project in New Mexico with a new drilling initiative targeting the mineral-rich Queen vein to uncover high-grade silver and gold deposits. Preliminary results show significant potential, with notable assays up to 1,133 g/t AgEq. Drilling will expand known zones and explore new areas, with a systematic program starting in Q3 2024 to support future resource estimates. https://summasilver.com/summa-silver-reviews-high-potential-targets-and-plans-resource-style-drill-program/

*Posted on behalf of Summa Silver Corp.

Yesterday, Summa Silver (SSVR.v SSVRF) provided an update on its drill planning for the Mogollon Project in New Mexico, reviewing the high-potential targets for a resource-style drill program: https://summasilver.com/summa-silver-reviews-high-potential-targets-and-plans-resource-style-drill-program/

With known high-grade mineralization and strong recoveries for gold and silver, this upcoming drill program has substantial potential.

Summa Silver Corp. (Ticker: SSVR.v or SSVRF for US traders) recently revealed significant mineralization findings from its Mogollon Silver Project, w/ drill results up to 1,133 g/t silver equivalent over 1.65m, highlighting effective exploration methods. + Prolific investor Eric Sprott recently bought 3M more $SSVR.v shares. More⬇️
https://summasilver.com/summa-silver-drills-high-grade-mineralization-in-first-hole-at-the-eberle-target-mogollon-project/
https://www.newsfilecorp.com/release/210868

Posted on behalf of Summa Silver Corp.

Last week, Eric Sprott announced his purchase of 3M common shares of Summa Silver (SSVR.v SSVRF), representing approximately 2.8% of the outstanding shares on a non-diluted basis for an aggregate consideration of $1,200,000: https://x.com/airic101/status/1797644116932907028

Having recently completed a winter drill program desined to test the silver and gold potential of two newly defined targgets, Summa Silver (SSVR.v SSVRF) is taking a strategic approach to exploration and development at its high-grade Mogollon Project in New Mexico where high-grade mineralization was recently intersected, representing an aggressive step out: https://summasilver.com/summa-silver-drills-high-grade-mineralization-in-first-hole-at-the-eberle-target-mogollon-project/

SSVR.v shares more high-grade silver results from its Mogollon project in New Mexico's largest past-producing silver district. One drill hole at the project's Eberle target yielded 1,133 g/t AgEq over 1.65m. Overall results show that mineralization spans at least 2km along the project's Queen Vein
https://summasilver.com/summa-silver-drills-high-grade-mineralization-in-first-hole-at-the-eberle-target-mogollon-project/

Drilling at SSVR's Mogollon Project showed high-grade silver/gold mineralization, w/ results like 1,133g/t AgEq over 1.65m affirming robust mineralization below the project's Eberle Mine. + Most of the project's 75km cumulative vein strike length is yet to be explored using modern techniques. More⬇️
https://www.reddit.com/r/Wallstreetsilver/comments/1cgeq2q/summa_silver_ssvrv_hits_highgrade_mineralization/

Summa Silver Corp. (SSVR.v SSVRF) recently results from its winter drill program at the Mogollon Project, w/ one hole at the Eberle target yielding 1,133 g/t AgEq over 1.65m

Drilling shows that mineralization spans at least 2km along the project's Queen Vein
https://summasilver.com/summa-silver-drills-high-grade-mineralization-in-first-hole-at-the-eberle-target-mogollon-project/

Great thread here on SSVRF’s Mogollon Project in New Mexico. Most recently Summa released assays from the final 2 drill holes from their winter program at the high-grade silver-gold project.
https://twitter.com/thelastdegree/status/1762939766834692595?s=46&t=WI8lw8MoN5OqPfJMCKEOqg

Recommend this interview with the SSVRF CEO on the drivers of silver demand and Summa’s exploration strategy. https://twitter.com/grizzlemedia/status/1770470046516584907

Silver prices are at near multi-year highs amid global tensions & inflation risks. Drilling at SSVR's Mogollon Project has yielded 393 g/t AgEq over 7.4m incl. 2,735 g/t AgEq over 1.5m & more. CEO, "We look forward to additional results and continuing to unlock value". Results breakdown here⬇️
https://www.reddit.com/r/smallstreetbets/comments/1c10l1i/multiyear_highs_silver_sector_stability_amid/

According to FXEmpire, silver remains stable near multi-year highs & some anticipate silver outperforming gold⬇️
https://www.fxempire.com/forecasts/article/silver-prices-forecast-xag-usd-set-to-outshine-gold-driven-by-investor-demand-1422521

Meanwhile, SSVR.v has reported high-grade silver/gold mineralization w/ drilling results up to 393 g/t AgEq over 7.4m
https://summasilver.com/summa-silver-drills-high-grade-mineralization-in-first-hole-at-the-south-queen-target-mogollon-project-new-mexico/

As noted on MSN.com, silver has surged to a two-year high, exceeding $27/oz due to US interest rate cut expectations, geopolitical tensions, and industrial demand.
https://www.msn.com/en-us/money/markets/silver-etfs-sparkle-after-price-hits-2-year-high/ar-BB1lh9Z7

Summa Silver Corp. (SSVR.v SSVRF) recently disclosed significant findings from its drilling campaign at the Mogollon Project in New Mexico, including high-grade silver-gold mineralization of up to 393 g/t silver equivalent over 7.4 meters at the South Queen target, marking a milestone and indicating substantial potential for further exploration.
https://summasilver.com/summa-silver-drills-high-grade-mineralization-in-first-hole-at-the-south-queen-target-mogollon-project-new-mexico/

Nice move up in price with an increase in volume.



The price bottomed at $.23 and OBV turned up short term.

Insightful presentation during the Kinvestor Critical Minerals & Mining Conference 2024 from Summa Silver (SSVR.v SSVRF) detailing its strategic approach to exploration and development at its high-grade Mogollon Project in New Mexico:

SSVR CEO McNamara emphasizes silver's unique appeal in wealth preservation and clean energy despite global supply challenges. SSVR's recent methodical exploration has yielded promising results like 506 g/t AgEq at its Mogollon Project.


Complete Video Breakdown here: https://www.reddit.com/r/Penny_Stocks/comments/1bjrajj/unlocking_the_potential_of_silver_summa_silvers/

SSVR.v CEO, Galen McNamara, discusses silver demand and exploration strategy on Grizzle's Patio PDAC Series, highlighting how silver's dual role in wealth preservation and clean tech makes it unique.

SSVR.v unveils significant discoveries at its Mogollon Silver Project. The maiden drill operation reveals 393 g/t over 7.4m, with AgEq a standout 2,735 g/t silver equivalent over 1.5m. These results and more signal substantial potential, positioning SSVR for growth amidst surging silver prices.

Breakdown⬇️
https://www.reddit.com/r/SilverSqueeze/comments/1be6fp0/ssvrv_unveils_promising_discoveries_at_mogollon/

https://x.com/TheTSXDude/status/1768003145634848794?s=20

Two strong mineralized intersections hit in the first hole drilled at the Mogollon Project in New Mexico: https://www.reddit.com/r/WorldWideSilverApes/comments/1b3e097/summa_silver_ssvrv_ssvrf_drills_highgrade/

SSVR recently revealed positive drill results of 393 g/t silver equivalent (64 g/t Ag, 3.9 g/t Au) over 7.4m, incl. 2,735 g/t AgEq (320 g/t Ag, 28.6 g/t Au) over 1.5m. + Mineralization remains open💥⛏️ summasilver.com/summa-silver-drills-high-grade-mineralization-in-first-hole-at-the-south-queen-target-mogollon-project-new-mexico/

Great thread on the significance of Summa Silver (SSVR.v SSVRF) drilling high-grade mineralization in the first hole at the South Queen Target at its New Mexico Mogollon Project: https://twitter.com/thelastdegree/status/1762939766834692595?t=KPtXKcNQ2xEKPTH3vKKekg

This stock continues to make new lowes. Still watching for a bottom and OBV turning up.

Interesting reddit post on silver's potential to outperform gold and hit a 10-year high: https://www.reddit.com/r/WallstreetsilverDeals/comments/1avwvnz/silver_to_outperform_gold_summa_silvers_ssvrv/

Highlights a silver junior that's currently drilling two high-grade past-producers

I found this great breakdown post on $SSVRF that highlights how it has completed surveys at its Mogollon Silver Project, revealing promising intercepts like 448 g/t AgEq over 31 m⬇️
https://www.reddit.com/r/SilverSqueeze/comments/1akq0iu/ssvrv_unveils_promising_discoveries_at_mogollon/

$SSVRF conducted extensive surveys, including soil sampling and geological mapping + they're fully funded for ongoing drilling

Summa Silver Completes Soil and Geological Surveys Across the High-Grade Silver-Gold Mogollon Project, New Mexico
Newsfile Corp.
Wed, Jan 17, 20249 min read

Results highlight numerous new target areas considered priority for extended exploration

Vancouver, British Columbia--(Newsfile Corp. - January 17, 2024) - Summa Silver Corp. (TSXV: SSVR) (OTCQX: SSVRF) (FSE: 48X) ("Summa" or the "Company") is pleased to report results from a geological mapping and soil geochemical survey at its 100% owned high-grade silver-gold Mogollon Project, New Mexico (the "Mogollon Project").

Key Highlights

Coverage across the Mogollon vein field: 1,680 soil samples were taken across the Northern Fannie and South Deadwood targets which are actively being tested in our current drill program (see the Company's news release from November 20, 2023).

Discovery potential: These samples were collected across the Mogollon Project and up to 2 km along strike from the Consolidated target which has yielded drill results including hole MOG22-05 which intersected 448 g/t AgEq* over 31.0 m (129 g/t Ag, 3.88 g/t Au).
Robust anomalies: Numerous multi-element soil anomalies are defined by high concentrations of arsenic, copper, and lead (see attached figure).

Approach to discovery: Both geological mapping and soil geochemical surveys are techniques in our exploration method designed to pinpoint drill targets and maximize our discovery efficiency.

Work just beginning: Targets along the Queen Vein represents only 2.5% of the total vein and structure length on the project.

Fully funded: The Company remains fully funded for its current drill program with ~$5 million in working capital.

*Silver equivalent is calculated using US$20/oz Ag, US$1,800/oz Au with metallurgical recoveries of Ag - 90%, Au - 95%. AgEq = (Ag grade x Ag recovery)+((Au grade x Au recovery) x (Au price / Ag price)).

https://finance.yahoo.com/news/summa-silver-completes-soil-geological-123500925.html

Chart shows price and OBC still in a downtrend.
MONTHLY CHART

Good summary of SSVR.v's latest results from its Mogollon project here: https://www.reddit.com/r/Penny_Stocks_Canada/comments/19ayvvy/ssvrv_unveils_promising_discoveries_at_mogollon/

Detailing the immense potential remaining in the data-rich but underexplored silver districts, Summa Silver (SSVR.v SSVRF) CEO recently presented at the Metals Investor Forum this January, discussing its 100% owned Mogollon and Hughes Projects:

With the completion of and results from the soil and geological surveys at the high-grade silver-gold Mogollon Project, Summa Silver (SSVR.v SSVRF) is on track to further define the resource amid the ongoing and fully funded drill program: https://summasilver.com/summa-silver-completes-soil-and-geological-surveys-across-the-high-grade-silver-gold-mogollon-project-new-mexico/

On Wednesday, SSVR.v unveiled promising discoveries at Mogollon Silver Project following comprehensive soil and geological surveys, including high-grade intersects like 448 g/t AgEq and 8,475 g/t AgEq, robust anomalies featuring elevated concentrations of arsenic, copper, and lead, and substantial high-grade potential in key vein systems like the Silver Bar, Queen, and Great Western Vein.
https://summasilver.com/summa-silver-completes-soil-and-geological-surveys-across-the-high-grade-silver-gold-mogollon-project-new-mexico/

Good recap in this post on the SSVRF news of results from a geological mapping and soil geochemical survey at the 100% owned Mogollon Project.

https://www.reddit.com/r/SmallCap_MiningStocks/comments/1994fdu/ssvrv_news_results_from_geological_mapping_and/

SSVR will be attending the Metals Investor Forum from January 19-20, as well as the AME Roundup from January 22-25: https://twitter.com/SummaSilver/status/1744729495691755642
Occuring amid the drill program at the Mogollon Project, I'm hopeful we will receive an update on drilling during either of these conferences.
Having recently made a high-grade discovery at its Hughes Project in Nevada with the intersection of 392 g/t AuEq over 3.0 in a new vein zone, SSVR is well-positioned to take advantage of silver's potential "explosive rise" in 2024.

Found this extensive SSVR.V CEO interview which highlights how they may be sitting on one of the greatest remaining vein fields still left in the US. + Since this vid came out SSVR made a new high-grade discovery at its Hughes Project & started drilling at its Mogollon Project

SSVR's CEO unveils promising projects in Nevada and New Mexico, highlighting their domestic strategic importance. He explains how SSVR's high-grade discoveries and 45% insider ownership make it stand out

"Silver prices could be headed for an “explosive” rise in 2024 if global supplies continue to fall short of demand"
https://www.marketwatch.com/story/silvers-window-of-opportunity-is-closing-with-prices-poised-for-an-explosive-move-in-2024-d69d0045

SSVR seeing green again today, catching a reversal alongside precious metals - https://twitter.com/AllStreetsWolf/status/1735334709205372996

SSVR seeing some growth today following the latest high-grade discovery at its Hughes Project and amid drilling at Mogollon. To learn more about SSVR's approach to discovery, check out Galen McNamara's latest interview with Grizzle: https://twitter.com/grizzlemedia/status/1732063892849774845

Summa Silver Corp. unveils high-grade vein discovery at Hughes Project, Nevada (392 g/t AgEq over 3.0 m) + Drilling has begun at SSVR's Mogollon Project targeting shallow high-grade mineralization along the Queen Vein. Notable highlights from Mogollon include:
- 448 g/t AgEq over 31 m
- 640 g/t AgEq over 9.9 m
- & 433 g/t AgEq over 23.2 m
https://summasilver.com/summa-silver-announces-additional-high-grade-discovery-at-the-hughes-project-nevada-commences-drilling-at-the-mogollon-project-new-mexico/

Are starting to see a bottom in the price?

Adding to its already impressive scale, SSVR has announced an additional high-grade discovery at its Hughes Project and commenced drilling at its Mogollon Project: https://www.reddit.com/r/SilverSqueeze/comments/18d0nn5/additional_highgrade_discovery_made_hughes/

SSVR.v recently shared plans for its upcoming winter drill program at the Mogollon Project near Silver City, New Mexico. The initiative will cover 1,500-2,000m of core drilling across three promising targets along the project's Queen vein.
https://summasilver.com/summa-silver-plans-drilling-at-the-high-grade-mogollon-silver-gold-project-new-mexico/

SSVR announced today a winter drill program at the Mogollon Silver Project that is set to commence before the end of the month. Program will consist of 1,500 to 2,000 meters of core drilling across three new targets along the Queen vein.

https://summasilver.com/news/

Good article here on the Tonopah and SSVR’s opportunity w/ Hughes.
https://www.mining.com/site-visit-tonopah-primed-for-mining-renaissance-as-precious-metals-attract-prospectors/

New hour long interview w/ Galen on Mogollon and Hughes. Mentions that the upcoming catalysts will be very much drill result focused.

Great breakdown of SSVR's latest investor presentation for those who missed it https://www.reddit.com/r/PennyStocksCanada/comments/17sk99m/summa_silver_ssvrv_ceo_presentation_highgrade/

"Silver remains intriguing for investors in 2023, especially during economic uncertainties"
https://www.livemint.com/money/personal-finance/precious-metals-assessing-the-investment-potential-of-silver-in-2023-11698659222633.html