Significant Visible Mineralization In Step-Out Holes Along Queen Vein

VANCOUVER - Summa Silver Corp. reported on drilling at the high-grade silver-gold Mogollon Project, near Silver City, New Mexico.Five more holes have intersected the Queen Vein where all eleven holes drilled to date have cut zones of intermittent to continuous quartz-carbonate veining and breccia with local zones of silver-bearing sulfides over an average core length of 26m. The mineralized zone remains open with holes MOG22-10 and MOG22-11 featuring strong visible mineralization at the northern and southern extents of the current drilling pattern now covering a strike length of 390m.

Drilling continues at Mogollon with two rigs in full operation testing the Consolidated target for the extent of high-grade silver and gold mineralization over an area of 500m along strike by 350m up- and down-dip. Work is just beginning with the first target representing only 1% of the total vein and structure strike length present at the project. Summa Silver is committed to advancing and expanding its ongoing community engagement and outreach in Catron and Grant counties.

Galen McNamara, CEO, said, "As our exploration drilling continues to intersect strong zones of visual mineralization at the Consolidated target, we look forward to sharing assay results once they become available. This rapidly developing zone of strong mineralization has now been drilled by the Company over a strike length of 390 m where it continues to be open to further expansion. With drilling ongoing until the end of February, we will continue share visual updates and assays as applicable.”