Commencement Of Drilling At Hughes High-Grade Silver-Gold Project
VANCOUVER - Galen McNamara, CEO OF Summa Silver Corp. said, “The Company has commenced an exploration drill program at the high-grade silver-gold Hughes Project near Tonopah, Nevada. Fully Funded: The Company remains fully funded with approximately $10.5 million in working capital. The targets we will be drilling at the Hughes Project this season were developed from a systematic, multi-layered approach which included detailed interpretations of structural geology, geophysics, and geochemistry. In our opinion, its very rare that compelling undrilled targets can still exist within sight of a prolific historically producing mining district like Tonopah. The five targets we will be drilling at the Hughes Project this spring and summer represent opportunities for significant new discoveries that the team has been very much looking forward to testing for some time."
The focus for this phase of exploration drilling is on testing previously undrilled epithermal vein targets identified by Summa over the course of multiple ground-based exploration programs. The targets are all east of the historic Tonopah mining district and will be tested using both reverse circulation (RC) and core drilling methods in a minimum of seven holes.