Summa Silver
- Company typePrivate
- Founded2019
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
Summa Silver firmographics
Firmographics- Name
- Summa Silver
- Legal name
- Summa Silver Corp
- Website
- https://summasilver.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Summa Silver industry classification
Industry- Product category
- Mineral Exploration
- NAICS
- Gold Ore and Silver Ore Mining (212220)
- SIC
- Gold And Silver Ores (1040)
- akta.pro primary industry
- Silver Mining (IMAKAEAB)
Keywords
Where Summa Silver is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Markets served
Summa Silver business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales
Revenue model
- Exploration Funding: Pre-revenue mineral exploration company. No commercial production or revenue. Funded through equity financings and private placements.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels1 record
Summa Silver product offering
Product offeringCore offering
Summa Silver Corp is a pre-revenue mineral exploration company that identifies, acquires, and explores high-grade silver and gold properties in proven U.S. mining jurisdictions, primarily the Hughes Property near Tonopah, Nevada, and the Mogollon Property near Silver City, New Mexico. The company advances drill targets through diamond drilling, geological mapping, and resource estimation, with the goal of building a premier North American high-grade silver developer.
Product overview
Silver47 Exploration Corp. (formerly Summa Silver Corp.) is a U.S.-focused silver and critical metals exploration company operating a portfolio of advanced exploration projects. Following the at-market merger with Summa Silver completed in 2025, the combined company holds six primary projects: Hughes Project (Nevada) and Mogollon Project (New Mexico) from the former Summa Silver portfolio, plus Red Mountain Project (Alaska), Kennedy Project (Nevada), Adams Plateau Project (British Columbia), and Michelle Project (Yukon). The company's combined resource totals 236 million ounces of Silver Equivalent at 334 g/t Inferred and 10 million ounces at 333 g/t Indicated. The company also offers a consumer collectible product line through its Silver47 Collectable Silver Rounds.
Differentiator
Problem solved
Functional benefit
Companies that use Summa Silver
Customer profileIdeal customer profiles2 records
Summa Silver technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Summa Silver partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Silver47 Exploration Corp.flagshipAt-market merger completed in June 2025. Summa Silver shareholders received 0.452 Silver47 shares per Summa share. Combined entity retains Silver47 name and advances silver projects in the United States. Transaction expected to close by September 15, 2025.
Scale indicators3 records
Expansion highlights5 records
Summa Silver competitors and assessment
Company assessmentDirect peers
- Silver47 Exploration Corp: Silver47 is the public parent company that acquired Summa Silver in 2025; it operates the same portfolio of high-grade U.S. silver projects (Red Mountain, Hughes, Mogollon, Kennedy, Adams Plateau, Michelle) and is the direct successor vehicle.
- MAG Silver Corp: MAG Silver is a high-grade silver-focused exploration and development company with the Juanicipio project in Mexico—directly comparable as a silver-focused developer pursuing tier-one high-grade silver assets.
- Dolly Varden Silver Corporation: Dolly Varden Silver is a Canadian-listed silver exploration company advancing the Kitsault Valley project in British Columbia—comparable as a silver-focused explorer with assets in North American jurisdictions.
- Endeavour Silver Corp: Endeavour Silver is a mid-tier silver mining company operating mines in Mexico with active exploration programs—comparable as a pure-play silver developer/explorer with multiple projects in North America.
- SilverCrest Metals Inc. SilverCrest Metals is a silver-focused exploration and development company that advanced the Las Chispas project in Mexico—comparable as a high-grade silver developer with a similar exploration-to-development trajectory.
- Alexco Resource Corp: Alexco Resource Corp is a silver-focused exploration and development company with assets in the Keno Hill Silver District, Yukon—directly comparable as a high-grade North American silver explorer/developer.
- Avino Silver & Gold Mines Ltd. Avino Silver & Gold Mines is a silver and gold producer/explorer with the Avino mine in Mexico—a comparable mid-tier silver-focused company pursuing both production and exploration growth.
Broad incumbents
- First Majestic Silver Corp: First Majestic Silver is a senior silver producer that participated in Summa's $10M financing; it is a comparable operator in the high-grade silver space but at a much larger scale, making it a broad incumbent rather than a direct peer.
- Coeur Mining Inc. Coeur Mining is a diversified precious metals producer with significant silver exposure across North American operations—a broader incumbent in the silver mining space rather than a direct explorer peer.
- Hecla Mining Company: Hecla Mining is the largest U.S.-based silver producer with operations across North America—a broad incumbent with significant silver exposure and a comparable U.S. mining jurisdiction footprint.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Summa Silver social profiles
Digital presenceSumma Silver financial estimates
Financial estimateRevenue estimate
Valuation estimate
Summa Silver leadership team
Management profileNumber of profiles
Profiles3 records
Summa Silver subsidiaries and ownership
Company hierarchySubsidiaries1 record
Summa Silver funding detail
Funding detailFunding overview
Funding rounds4 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Summa Silver M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Summa Silver
What does Summa Silver do?
Summa Silver Corp is a pre-revenue mineral exploration company that identifies, acquires, and explores high-grade silver and gold properties in proven U.S. mining jurisdictions, primarily the Hughes Property near Tonopah, Nevada, and the Mogollon Property near Silver City, New Mexico. The company advances drill targets through diamond drilling, geological mapping, and resource estimation, with the goal of building a premier North American high-grade silver developer.
Is Summa Silver a public or private company?
Summa Silver is a private company. It is classified as corporate owned and is currently acquired.
When was Summa Silver founded?
Summa Silver was founded in 2019. It employs 11 to 50 people.
Where is Summa Silver based?
Summa Silver is headquartered in Vancouver, Canada, in the North America region.
How does Summa Silver make money?
One revenue line is on record: exploration Funding.
Who are Summa Silver's main competitors?
Direct peers on record are Silver47 Exploration Corp, MAG Silver Corp, Dolly Varden Silver Corporation, Endeavour Silver Corp, SilverCrest Metals Inc., Alexco Resource Corp and Avino Silver & Gold Mines Ltd.. Broad incumbents are First Majestic Silver Corp, Coeur Mining Inc. and Hecla Mining Company.
Does Summa Silver have an API?
No public API is recorded for Summa Silver.
What industry is Summa Silver in?
Summa Silver's product category is Mineral Exploration. Its primary akta.pro industry code is IMAKAEAB, Silver Mining. Its NAICS code is 212220 and its SIC code is 1040.