Summa Silver Corp. announced results from a 54-hole auger drill program completed in 2019 and 2020 which tested the tailings pile from the historic Belmont Mine. Key Highlights: Widespread Mineralization: All 54 holes were mineralized from top to bottom with an average thickness of 2.9 m and average grade of 72 g/t AgEq (44 g/t Ag and 0.28 g/t Au). The thickest section of tailings was in BH19-1 where 6.35 m returned 75 g/t AgEq (49 g/t Ag and 0.27 g/t Au). The thinnest section of tailings was in BH20-21 where 0.10 m returned 74 g/t AgEq (50 g/t Ag and 0.24 g/t Au). Extensive Historic Production: The tailings are the by-product of historic mine and mill production from underground operations in the Belmont Mine, which was a premier producer in the Tonopah mining district and is currently an integral target of Summa's exploration efforts. Large Area and Simple Access: The tailings are situated on patented mining claims and cover an area of approximately 1,200 m by 280 m (84 acres), located immediately adjacent to US Highway 6. Evaluation is On-Going: The Company is initiating both density and bench-scale metallurgical testing with results expected later in 2021. Core Drilling Continues: The previously announced 10,000 m drill program is well underway with 6 holes completed. Two core rigs are now fully operational on the project. All holes have intersected zones of quartz veins, stockworks and breccias featuring visible silver-sulfosalt minerals, which is often a strong indication that the core is mineralized. Upon receipt of assays, the results will be compiled and announced in a timely manner. Auger-Hole Program Description: Holes were auger-drilled by hand at a vertical orientation and at approximate spacings of 50 to 90 m between holes. Samples were collected at systematic intervals which ranged from 0.25 to 1 m. Each hole was sampled from top to bottom. Holes were terminated at the bottom of the tailings pile as indicated by the presence of ground soil or bedrock.