• Recently returned assays from 2025 drill program have returned extensive mineralised zone
• Drillholes successfully intercepted mineralisation in line with the existing mineralisation model
• Sun Silver has approximately 90 approved drill pad locations at Maverick Springs

Sun Silver Limited (ASX Code: 'SS1') is pleased to report further assays from its ongoing 2025 exploration program at the Maverick Springs Silver-Gold Project in Nevada, USA. The latest drill results have returned extensive mineralised zones, including 110m at 92g/t AgEq (65.9g/t Ag, 0.31g/t Au) from 191.26m in hole MR25-214 and 38m at 79g/t AgEq (59.8g/t Ag, 0.22g/t Au) from 190.77m in hole MR25-218. The drillholes successfully intercepted mineralisation in line with the existing mineralisation model, providing further confidence in the model while building on mineralisation distribution knowledge of the resource. Sun Silver has approximately 90 approved drill pad locations at Maverick Springs, forming part of a structured work plan focused on extensional and infill drilling, as well as metallurgical sample collection, to support the upgrade of the current Resource into the Indicated category. The robust market backdrop for precious metals, with silver trading above US$52/oz and gold above US$4,100/oz, and the recent addition of silver to the 2025 US Department of Interior draft Critical Minerals List, further highlight the significance of the Maverick Springs Project.

Drilling will continue through until winter shutdown during Q4 2025 with the exploration team and drilling contractors to remobilise in Q1 2026.