Extensions Of High-Grade Silver-Gold Veins At Mogollon Project

VANCOUVER - Summa Silver Corp. has identified vein-extensions at the high-grade Mogollon Project near Silver City, New Mexico. There are Significant Extensions to High-Grade Veins: Rock sampling shows that high-grade mineralization exists in new areas not previously prospected in modern times. Great Western Vein: Samples of this vein returned up to 4,058 g/t silver equivalent (397 g/t Ag and 43.3 g/t Au) and it now has a known strike length of 2 km. Maud South Vein: Samples of this vein returned up to 2,116 g/t silver equivalent (740 g/t Ag and 17 g/t Au) and it has it now has a known strike length of 1.5 km. Golden Arrow Vein: Samples of this vein returned up to 1,024 g/t silver equivalent (116 g/t Ag and 10.8 g/t Au) and it now has a known strike length of 475 m.  Last Chance Vein: Samples of this vein returned up to 213 g/t silver equivalent (71 g/t Ag and 1.7 g/t Au) and it now has a known strike length of 2.7 km.

There are Multiple Targets that Remain Unexplored: None of these new areas have ever been drill tested. Drilling is Underway at the Consolidated Mine: The first hole of the season intersected the Queen Vein over 15 m and featured visible silver sulfide mineralization 75 m down-dip from hole MOG22-05.

Galen McNamara, CEO, said, "As our early assessment of the Mogollon project continues, we are developing new targets across the district. There are now roughly 50 km of prospective veins and structures to prioritize, most of which are underexplored or unexplored, and many of which have returned high-grade assay results from outcropping veins at surface. Additionally, we are currently drilling a known high-grade zone where the mineralization remains open to expansion."