Summa Silver Corp. announced an update on exploration activities at its high-grade Mogollon Property, near Silver City, New Mexico. Accelerated Drilling at Mogollon: A second diamond drill rig has recently arrived on site and is now in full operation.

Both rigs are focused on testing for unmined extensions of the historically producing high-grade Consolidated Mine. Drill Holes Progressing: Four holes have so far been completed on the Mogollon Property and an additional 2 are in progress. The Company anticipates that approximately 25,000 m of drilling in 50 holes is necessary at Consolidated in 2022.

Strong Vein Zones Intersected: All holes have intersected significant zones of quartz-carbonate veins, stockworks and breccias over core lengths of up to 50 m commonly featuring visible silver sulfide minerals. This is a strong indication that the core is mineralized. Consolidated Extension Target: High-grade mineralization has been intersected in historic drilling over an area of 500 x 300 m where it remains open to expansion and 9 historic holes intersected an average grade of 506g/t AgEq over an average length of 12.0 m.