Maverick Springs land position doubled
| Stock | Sun Silver Ltd (SS1.ASX) |
|---|---|
| Release Time | 19 Jan 2026, 8:26 a.m. |
| Price Sensitive | Yes |
Sun Silver doubles Maverick Springs land position
- Sun Silver stakes additional 427 lode claims (~35.7 km²) near Maverick Springs project
- Total project landholding increased by 219%, expanding exploration footprint
- New claims strategically positioned along strike of existing mineral resource
Sun Silver Limited (ASX: SS1) has staked an additional 427 lode claims totaling ~35.7 km² to the north and south of its existing Maverick Springs Silver-Gold Project in Nevada, USA. This expansion represents a 219% increase in the total project landholding. The newly staked claims are strategically positioned along strike of the existing Mineral Resource, enhancing opportunities for additional silver and gold discoveries and providing optionality for potential future development infrastructure. The expanded landholding not only increases the potential to discover additional mineralization but also secures space for potential future development. Sun Silver's Managing Director, Andrew Dornan, stated that doubling the land position at Maverick Springs is a highly strategic step that materially strengthens the long-term upside of the project. The Maverick Springs Project, which is proximal to the prolific Carlin Trend, currently hosts a JORC Inferred Mineral Resource of 237Mt grading 45.5g/t Ag and 0.30g/t Au for 347.2Moz of contained silver and 2.25Moz of contained gold (539Moz of contained silver equivalent). The deposit remains open along strike and at depth, with multiple mineralized intercepts located outside of the current Resource constrained model.
Sun Silver remains focused on advancing the Maverick Springs Project and will continue to assess exploration and development opportunities arising from this substantial land position increase.