Corporate Presentation · 9/10/2020 · Mogollon Property 1 km 159 Mogollon Townsite NEW MEXICO...

Summa Silver Corp. | CSE:SSVR Frankfurt: 48X

Corporate PresentationCSE:SSVR Frankfurt: 48X

September 2020


Cautionary Note Regarding

Forward-Looking Statements


High grade precious metal districts

Early mover opportunity

Progressing the Hughes Property in Nevada

Prolific high-grade past producing silver-gold districts

Summa Silver Overview

United States focused silver and gold

Silver and gold exploration


Galen McNamara●

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Garrett Ainsworth●●

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CEO & DIRECTOR

People

Martin Bajic●

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Thomas O’Neill●

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CFO & DIRECTOR

TECHNICAL ADVISOR

DIRECTOR


Michael Konnert●●

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People

Brian Goss●

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DIRECTOR DIRECTOR


Capital Structure

Recent Share Price* $1.85

Common Shares Issued 51,022,817

Incentive Stock Options ($0.25 – $0.92)

2,652,500

Warrants($0.25 – $1.75)

5,635,350

Cash $11,500,000

Debt Nil

Total Fully Diluted 59,310,617

Eric Sprott17.7%

Retail Investors8.4%

Management, Insiders & Close Associates40.7%

Institutional & High Net Worth Investors

33.2%


Hughes PropertyNEVADA, USA


Nevada

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Walker Lane Trend

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Nevada: A World-Class Mining Jurisdiction

Walker Lane Trend

Hughes PropertyTonopah, Nevada

Las Vegas

Reno


50 km

Goldfield Mining District

Round Mountain - Kinross GoldTonopah Mining DistrictHughes Property - Summa Silver

Gemfield - Waterton Global

Hasbrouck – West Vault MiningThree Hills – West Vault Mining

Bullfrog Mining District

Nevada: The Precious Metals State

NevadaCalifornia


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● 3,500 g/t Ag

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● 175M oz of Ag 1.86M oz of Au 8.8M tons of ore

● 679 g/t Ag* 7.3 g/t Au* 1,263 g/t AgEq**

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Tonopah: A Great American Silver Camp

Mizpah Hotel, 1920’s

Howard Hughes and his H-1

Mizpah Hotel, 2020#1 rated haunted hotel in America


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The Hughes PropertyThe Belmont Mine, 1920’s


Powerline

US HWY 95Las Vegas 340 km

Land Position

1 km

Total Size – 2,689 ac

Belmont Mine

Tonopah

ET-10

ET-14

Both holes extensively altered top to bottom

Extensively altered over 180m

ET-7

ET-13


The Belmont Mine

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100m

Halifax Fault

600m

40-50°

40-50°

Western Vein

I.O.U. VeinLillie Belle Vein

Shaft Vein

Belmont Vein

Rescue Vein

Belmont Mine Past Production Poorly Explored

Halifax Vein


Target elevation

Belmont Veintarget elevation

Belmont Mine Potential

OPENUP TO 15M WIDE

400 m

Western, Shoestring, Favorite, I.O.U. Vein Systems

OPEN

PREVIOUSLY MINED

Intersection of veins above best historical area

Belmont, Shaft, Lillie BelleVein Systems

TARGETING ANALOGUE

PREVIOUSLY MINED

Target areaprojected intersection

Viewed Area

7 km


Hughes Property 7,500m Drill Program In Progress

OPEN

OPEN

Tonopah District Hydrothermal System

Mizpah Extension Mine2-3 Holes

Clay/Chlorite alteration zone at surface

ET-14extensively alteredover 180 m

OPEN

ET-7

BelmontMine

Mizpah Extension & Halifax Mines

Major Past Producer

Small scale miningNot yet drilled

Ruby Target2-3 Holes

Potassic-silica alteration

Propylitic and argillic alteration

Belmont Mine6-10 Holes

ET-13

ET-10

5.5 km

>250 g/t AgEq*

Viewing plane

5.5 km

Mined Strike Length of

Tonopah District4 km


District Comparison

District Strike Length

Million ounces Ag

Million ounces Au Head Grade

Tonopah, Nevada 4 km 175 1.9 1,263 g/t Ag Eq

Pachuca

Guanajuato

San Dimas

Comstock

Tonopah


Access and Infrastructure

Typical Property TerrainU.S. Highway 6Road Access


Hughes Property Work Program

Summer 2020●

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Fall 2020●

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Hughes Property Option Terms

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Year Cash (USD) Shares (USD)* Work (USD)

0

$ 100,0000.5

1

1.5$ 200,000

2

2.5$ 300,000

3

3.5$ 400,000

4

4.5$ 500,000

5

Total $ 400,000 $ 400,000 $ 1,500,000


Mogollon PropertyNEW MEXICO, USA


Mogollon Property

1 km

159

Mogollon Townsite

NEW MEXICOSanta Fe

Albuquerque

CATRON COUNTY

Las Chispas*

2 km

SilverCrest Metals IncMarket Cap: $1.6B

Hughes/Tonopah

Mogollon

2 km

2 km

Anna E

Consolidated Mine

Clifton

South QueenMogollon Property

LEGENDInferred Vein/Structure

Mine Shaft

Mogollon Property


Consolidated Mine - Longsection

NSV

NSV

NSV

NSV

7NSV

NSV

3912

15329.7m

38022.1m

1438

40

15

8334

22.1m

5628.5m

13

Consolidated Stopes

1937-1942

Little Fanney Shaft

Soco

rroVe

in

Grave

yard

Vein

5

6

9

10

1922.7m

6324.3m

59814m

Mined Stopes

2200m

Main Queen VeinS N

1,1272.7m

35

2100m

2000m

1900m

1800m

1700m

1600m

LEGEND

40650

3.05m

Drill Hole Pierce Point - MGR-#

g/t AgEq*

Intercept Length

Consolidated Mine At Surface

400 m


Gold Dust Target

7240 Level

1800m

Simplified Plan

View

Simplified Longitudinal

Section

150m

Queen

Lower AditElev. 2100m

Upper Adit Elev. 2220m

N

Gold DustVein

Pacific

Structure

Vein

= Prospect

Target Area Historic Production Elevation for DistrictElev. 1,800m – 2,100mUndrilled

1900m

2000m

2100m

2200m

2300m

LEGEND


Mogollon Property Option Terms

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Year Cash (USD)

Shares (USD)

Work Commitment

(USD)

Effective Date

1st Anniversary $250,000

2nd Anniversary $1,250,000

3rd Anniversary $1,500,000

Total $2,800,000 + 200,000 shares $3,000,000


The Opportunity


Galen McNamaraCEO & Director

CSE:SSVRFrankfurt: 48X

mailto:[email protected]

http://www.summasilver.com

Corporate Presentation · 9/10/2020 · Mogollon Property 1 km 159 Mogollon Townsite NEW MEXICO...

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Transcript of Corporate Presentation · 9/10/2020 · Mogollon Property 1 km 159 Mogollon Townsite NEW MEXICO...