Ausenco Engaged for Engineering Studies
| Stock | Sun Silver Ltd (SS1.ASX) |
|---|---|
| Release Time | 15 Apr 2026, 8:43 a.m. |
| Price Sensitive | Yes |
Ausenco Engaged for Engineering Studies at Maverick Silver Project
- Sun Silver appoints Ausenco as lead engineering consultant for Maverick Silver Project
- Ausenco to undertake concept and internal scoping studies for Scoping Study/PEA in H2 2026
- Engagement brings globally recognised expertise in precious metals project development
Sun Silver Limited (ASX: SS1; OTCQX: SSLVF) has announced the appointment of Ausenco as engineering service provider for its flagship Maverick Silver Project in Elko County, Nevada, USA. The engagement marks a key step in advancing the Maverick Silver Project, with Ausenco appointed to deliver concept-level engineering studies and internal scoping work ahead of a maiden Scoping Study targeted for release in the second half of 2026. This work is being undertaken against a backdrop of strong silver pricing, currently ~US$77/oz, which continues to strengthen project economics and reinforce the strategic timing of advancing the Maverick Silver Project towards development. Ausenco will be supported by a group of specialist consultants across key technical disciplines, including Mine Build for mine planning and scheduling, Independent Metallurgical Operations for metallurgical test work and process input, and Sunstone Environmental for permitting and environmental baseline studies. Ausenco is a globally recognised engineering firm with a strong track record delivering precious metals projects, particularly within North America. Their experience from concept through to execution provides confidence in the robustness of the study outcomes and the pathway to development.
2026 represents a critical phase in advancing the Maverick Silver Project toward development, with key activities including: advancing Mineral Resource classification, further expanding the Mineral Resource through drilling, advancing metallurgical understanding, generating technical inputs for future studies and mine planning, progressing environmental permitting and baseline studies, and ongoing mine planning activities. The Company is targeting completion of a maiden Scoping Study/PEA in H2 2026 and a Pre-Feasibility Study in Q2 2027.