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The latest update is out from Summa Silver Corp ( (TSE:SSVR) ).
Summa Silver Corp has announced its first-ever mineral resource estimates for its Hughes and Mogollon projects in the United States. The Hughes Project in Nevada revealed an indicated resource of 10.47 million silver equivalent ounces and an inferred resource of 33.42 million silver equivalent ounces, including a tailings resource of 2.74 million silver equivalent ounces. The Mogollon Project in New Mexico reported an inferred resource of 32.08 million silver equivalent ounces. These inaugural estimates highlight Summa Silver’s potential to expand its resource base and strengthen its position in the silver mining industry.
More about Summa Silver Corp
Summa Silver Corp is involved in the mining industry, focusing on high-grade silver projects. The company operates primarily in the United States, with key projects located in Nevada and New Mexico, aiming to develop significant mineral resources.
YTD Price Performance: 7.37%
Average Trading Volume: 129,980
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $24.58M
For an in-depth examination of SSVR stock, go to TipRanks’ Stock Analysis page.