Where exactly are Hughes and Mogollon located?
Hughes is located in the silver-rich Tonopah District (Nevada), known for the Belmont and Belmont-Stoke veins. Mogollon is located near Silver City (New Mexico) in the historic Mogollon District. Both projects are 100% owned by Summa.
What is the status of the Mineral Resource Estimate (MRE)?
As of May 2024, approximately 40,000 m of drilling has been completed at Hughes (60 holes) and Mogollon (22 holes); initial MREs are expected to be published in 2025.
What are the current drilling results?
Hughes: up to 3,912 g/t AgEq over 2.8 m (Belmont). Mogollon: up to 426 g/t AgEq over 31.5 m (MOG22-05). Numerous additional high-grade intervals are documented.
Are there new projects or expansion plans?
In 2025, Summa acquired the newly staked Kennedy Gold-Silver Project (Pershing County, Nevada, 99 claims ~2,000 acres). Additionally, an ATM equity program was established to facilitate further exploration financing.
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