Summa Silver Corp. (TSXV: SSVR) (OTCQB: SSVRF) (FSE: 48X) CEO Galen Mcnamara ⚒️ RICH TV LIVE
Channel: RICH TV LIVE
Date: 2022-01-20

Summa Silver Corp. (TSXV: SSVR) (OTCQB: SSVRF) (FSE: 48X) CEO Galen Mcnamara ⚒️ RICH TV LIVE - January 20, 2022 - #summasilvercorp #silver #richtvlive #ceo #interview #galenmcnamara #business #news #finance #education #entertainment #mining #metals - 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 Highlights

Ultra 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 a footprint of 3.5 x 3.5 km, highlighting the considerable scale of the Mogollon property and confirming it as a mineralized high-grade precious metal district (see attached figures).
Numerous Undrilled Targets Emerging: Most high-grade veins at surface have never been drilled and present compelling discovery opportunities after the Consolidated Extension area is drilled out in 2022.

Aggressive Drilling Planned for 2022

Fifty Holes Planned at the Mogollon Property: The Consolidated Extension target, which is currently being drilled and represents only 1.5% of the prospective strike length of vein/structure on the property warrants 50 holes of drilling.
Consolidated Extension: High-grade mineralization has been intersected in historical drilling over an area of 500 x 300 m where it remains open to expansion and 9 historic holes intersected an average grade of 506g/t AgEq* over an average length of 12.0 m1.
Twenty-Five Holes Planned at the Hughes Property: In addition, The Rescue and Murray targets, which have already returned substantial high-grade drill intercepts warrant 25 holes of drilling.
Mineral Resource Estimates: The major focus for drilling in 2022 will be geared towards delivering mineral resource estimates when the planned holes are completed.
Drill Hole News Flow: It is anticipated that results from holes testing zones of known high-grade mineralization will be released regularly throughout 2022.
Galen McNamara, CEO, stated: "We expect 2022 to be transformative for the Company. Extensive drill programs are required on both properties as we aggressively push towards mineral resource estimates. As this process moves forward, we also expect to regularly release results from up to 75 holes, all of which are planned to test zones of known high-grade mineralization on either an extension or infill basis. Additionally, the presence of high-grade at surface in numerous veins validates the high potential of the Mogollon property. In the bigger picture, the current drilling area at the Consolidated Extension target represents only a small part of the story here. As exploration and drilling advance, we will soon find out if Mogollon is one of the great vein fields left in the United States."

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