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Summa Silver Corp ( (TSE:SSVR) ) has shared an announcement.
Summa Silver Corp has announced the acquisition of the Kennedy Project in Pershing County, Nevada, through low-cost claim staking. This project, which covers a historic mining district, is 100% owned by the company and free of royalties. The Kennedy Project is notable for its high-grade gold and silver veins, which have not been systematically explored with modern techniques. While the company will continue to prioritize its Hughes and Mogollon projects, the Kennedy Project presents a significant opportunity for future exploration and development, potentially representing a near-surface gold target of 1 million ounces.
More about Summa Silver Corp
Summa Silver Corp is a company operating in the mining industry, focusing on the exploration and development of high-grade gold and silver projects. The company is primarily involved in projects located in Nevada and New Mexico, with a market focus on advancing its core projects, Hughes and Mogollon, which have shown promising high-grade mineral resource estimates.
YTD Price Performance: 15.79%
Average Trading Volume: 95,091
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $28.38M
Find detailed analytics on SSVR stock on TipRanks’ Stock Analysis page.