Rescue Veins of the
702 g/t silver equivalent (282 g/t Ag and 4.2 g/t Au) over 3.9 m from 360.3 m including 1,733 g/t silver equivalent (711 g/t Ag and 10.2 g/t Au) over 1.2 m from 363.1 m in SUM21-47 which is a 50 m step-out down-dip at Rescue.
4,116 g/t silver equivalent (2,009 g/t Ag and 21.1 g/t Au) over 0.4 m from 323.6 m and 303 g/t silver equivalent (138 g/t Ag and 1.64 g/t Au) over 4.1 m from 352.4 m in SUM21-37 which is a 75 m step-out up-dip and west at Murray.
1,200 g/t silver equivalent (560 g/t Ag and 6.40 g/t Au) over 0.8 m from 335.7 m in SUM21-39 which is a 50 m step-out down-dip at Murray.
The upper interval in SUM21-37 comprises the highest-grade mineralization intersected at Murray.
Note: silver equivalent (AgEq) based on 100(Ag):1(Au), true widths are unknown
Ruby Discovery and 2022 Drill Program
The Ruby Discovery was first drilled by the Company in 2020 and represents a 3 km step-out along strike from the historically producing
Assays are pending for two step-out holes in this area and both holes have intersected quartz-adularia veins and breccias featuring visible Ag-sulfosalt mineralization which remain open in all directions.
High-grade silver and gold mineralization has now been identified in multiple zones over 3.5 km at Hughes and the property features a number of coincident un-explored geophysical and geochemical anomalies representing high-priority targets.
Drilling at Hughes is now complete for 2021. The Company is currently planning a significant 2022 drill program to both expand zones of known high-grade mineralization and drill un-explored high-priority targets.
About
Contact:
Email: info@summasilver.com
Web: www.summasilver.com
Cautionary note regarding forward-looking statements
This news release contains certain 'forward looking statements' and certain 'forward-looking information' as defined under applicable Canadian and
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual actions, events or results to be materially different from those expressed or implied by such forward-looking information, including but not limited to: the requirement for regulatory approvals; enhanced uncertainty in global financial markets as a result of the current COVID-19 pandemic; unquantifiable risks related to government actions and interventions; stock market volatility; regulatory restrictions and other related risks and uncertainties.
Forward-looking information are based on management of the parties' reasonable assumptions, estimates, expectations, analyses and opinions, which are based on such management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect.
The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
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