Sun Silver Drill Results Demonstrate Thick, High-Grade Silver-Gold Continuity and Scale at Maverick Springs
Prnewswire·2026-01-13 14:02

Core Viewpoint - Sun Silver Ltd. has reported significant progress in its Maverick Springs Silver-Gold Project, highlighting thick, high-grade silver-gold mineralization and strong market fundamentals supporting the project [1][3]. Group 1: Exploration Results - Recent drilling has confirmed thick mineralized intercepts with grades consistent with or exceeding the mineral resource grade, including: - MR25-227: 123.94m at 81.8g/t AgEq (51g/t Ag and 0.36g/t Au) from 216.80m, with a sub-section of 33.77m at 224.5g/t AgEq (168g/t Ag and 0.66g/t Au) [2] - MR25-229: 45.78m at 76.7g/t AgEq (46.8g/t Ag and 0.35g/t Au), including 15.58m at 114.6g/t AgEq (77.2g/t Ag and 0.44g/t Au) [2] - MR25-235: 29.69m at 201.9g/t AgEq (85.1g/t Ag and 1.37g/t Au), with individual gold assays reaching up to 4.80g/t Au [2] Group 2: Market Position and Fundamentals - The project is well-positioned to benefit from strong market fundamentals, with silver prices currently above USD $83/oz and its inclusion on the U.S. Critical Minerals List [3] - The tightening controls in China further enhance the strategic supply-chain advantages for the Maverick Springs Project [3] Group 3: Resource and Location - The Maverick Springs Project has a JORC Inferred Mineral Resource of 237Mt grading 45.5g/t Ag and 0.30g/t Au, equating to 347.2Moz of contained silver and 2.25Moz of contained gold (539Moz of contained silver equivalent) [4] - Located 85km from Elko, Nevada, the project is surrounded by several world-class mining operations, including Barrick's Carlin Mine, and is situated in a region recognized as the top mining jurisdiction globally by the Fraser Institute in 2022 [5]