Summa Silver Corp. Stock Analysis SSVR.V

Summa Silver Corp. is a junior mineral exploration stage company, which engages in acquiring, exploring, and evaluating natural resource properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2020-02-12. The firm owns a 100% interest in the Hughes project located in central Nevada and in the Mogollon project located in southwestern New Mexico. The Hughes Property is located within and adjacent to the town of Tonopah, Nevada, the County Seat of Nye County, in the west-central part of the State. The Property comprises approximately 57 patented mining claims and 246 unpatented mineral claims, covering a total of roughly 5,504 acres. The Property is in the heart of the Tonopah Mining District, a silver and gold producing district in Nevada. The Mogollon Property is located in Catron County in southwest New Mexico, adjacent to the small town of Mogollon. The Property comprises 85 patented mining claims and 403 unpatented mineral claims, which cover approximately 7730 acres (3128 hectares) of land. The company covers a silver-gold bearing epithermal vein field.