Summa Silver Corp - Mining Stock Analysis & Updates
Latest News and Market Performance for Summa Silver Corp
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Summa Silver Confirms High-Grade Gold-Silver at the Kennedy Project, Nevada
Summa Silver reports high-grade gold and silver samples at its Kennedy Project, highlighting strong mineralization, extensive vein systems, and promising exploration potential.
Summa Silver Announces Mogollon Project Anniversary Payment pursuant to Amended Lease Agreements
Summa Silver Corp. plans to issue 112,324 common shares as part of amended mining lease agreements related to the Mogollon project, subject to TSXV approval. This represents the fourth of ten annual payments, with ongoing cash obligations indexed to the PPI.
Summa Silver Files Technical Reports for its Two American High-Grade Silver Projects
Summa Silver Corp. announced the completion of technical reports detailing mineral resource estimates for its Hughes and Mogollon projects in the U.S. The reports, compliant with NI 43-101, outline significant silver and gold resources in both projects.
Summa Silver Announces Staking of the High-Grade Gold-Silver Kennedy Project, Nevada
Summa Silver Corp. has acquired the Kennedy Project in Nevada, comprising 99 mineral claims over 2,000 acres, free of royalties. The project covers a historic mining district with high-grade gold and silver potential, while the company continues focusing on other core projects.
Summa Silver Announces Grant of Stock Options
Summa Silver Corp. has approved the issuance of 2.4 million stock options to its officers, directors, and consultants, with a vesting period of two years and an exercise price of $0.40, expiring January 24, 2030. The company focuses on mineral exploration, owning projects in Nevada and New Mexico.
Summa Silver Announces First-Ever Mineral Resource Estimates on its Two American High-Grade Silver Projects
Summa Silver Corp. announced inaugural mineral resource estimates for its Hughes and Mogollon Projects, reporting significant in-situ and tailings mineral resources, with notable silver equivalent ounces and high grades, indicating potential for expansion.
Summa Silver Outlines Timeline for Mineral Resource Estimates on the Hughes and Mogollon Projects, Southwest United States
Summa Silver Corp. announced updates on its Hughes and Mogollon silver-gold projects, revealing inaugural mineral resource estimates (MRE) are due in early 2025. The MREs will be based on extensive drilling, including historic data verification, highlighting significant mineralization.
Summa Silver Commences Drilling Across the Eastern Extension of the Prolific Tonopah Mining District, Nevada
Summa Silver Corp. has begun exploration drilling at the Hughes Project in Tonopah, Nevada, targeting significant silver-gold mineralization at the Ruby discovery. Up to 7,000 meters of drilling is planned to evaluate mineralization continuity and establish scale, with the project fully funded.
Summa Silver Outlines Plans for Upcoming Drill Program on the Extension of the Prolific Tonopah Mining District, Nevada
Summa Silver Corp. is set to begin a drill program at the Hughes Project at Tonopah, Nevada to evaluate the scale of significant silver-gold mineralization. The program involves approximately 7,000 m of drilling between Ruby and Sapphire discoveries. The objective is to test the high-grade mineralization across at least 600 m eastward from Ruby. The drill program, which is fully funded, is scheduled to begin in December.
Summa Silver Announces Closing of $6.5 Million Brokered Financing
Summa Silver Corp. has announced the closing of a brokered offering, raising $6.48 million, which includes a partial exercise of the agents' option. The offering was made under a Listed Issuer Financing Exemption (LIFE) private placement and a concurrent private placement to accredited investors. The offering, each unit priced at $0.40, was led by Research Capital Corporation and Eventus Capital Corp. Each unit consists of one common share and half of one common share purchase warrant, with each whole warrant exercisable to acquire a common share at $0.55 until November 1, 2026. The proceeds will be used for exploration and general working capital. A total of 12.5 million units were sold under the
