Summa Silver Corp. (TSXV: SSVR | OTCQX: SSVRF) has identified vein-extensions at its high-grade Mogollon Project near Silver City, New Mexico.
The company has reported that rock sampling shows that high-grade mineralization exists in new areas not previously prospected in modern times, samples of a vein known as the Great Western Vein returned up to 4,058 g/t silver equivalent (397g/t Ag and 43.3g/t Au) and it now has a known strike length of 2km.
Samples of this vein also returned up to 2,116g/t silver equivalent (740g/t Ag and 17 g/t Au) and it has it now has a known strike length of 1.5 km.
At a vein called the Golden Arrow Vein, samples returned up to 1,024g/t silver equivalent (116g/t Ag and 10.8g/t Au) and it now has a known strike length of 475m. At the Last Chance Vein, samples returned up to 213g/t silver equivalent (71g/t Ag and 1.7 g/t Au) and it now has a known strike length of 2.7km.
The company has stated that there are still multiple targets that remain unexplored which have never been drill tested.
Finally, the company has said that drilling is underway at its Consolidated Mine. The first hole of the season intersected the ‘Queen Vein’ over 15m and featured visible silver sulphide mineralization 75m down-dip from hole MOG22-05.
Galen McNamara, CEO, stated: “As our early assessment of the Mogollon project continues, we are developing new targets across the district. There are now roughly 50km of prospective veins and structures to prioritize, most of which are underexplored or unexplored, and many of which have returned high-grade assay results from outcropping veins at surface. Additionally, we are currently drilling a known high-grade zone where the mineralization remains open to expansion.”
To find out more, please visit www.summasilver.com
