High-Grade Silver Intercepted Beyond Current MRE

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Stock Sun Silver Ltd (SS1.ASX)
Release Time 3 Aug 2026, 8:30 a.m.
Price Sensitive Yes
 Sun Silver Ltd Announces High-Grade Silver Intercepts at Maverick Silver Project
Key Points
  • MR26-240 delivered a 103m intercept with high-grade silver, gold, and antimony
  • Significant intercepts outside the current Mineral Resource
  • Ongoing drilling validates geological model and supports resource growth potential
Full Summary

Sun Silver Ltd has announced exceptional drill results from its 2026 exploration program at the Maverick Silver Project in Nevada, USA. Key highlights include a 103-meter intercept in hole MR26-240 with 28.2 meters at 80g/t AgEq (47g/t Ag and 0.39g/t Au) and 8.3 meters at 170g/t AgEq (163.6g/t Ag and 0.1g/t Au) outside the current Mineral Resource. Hole MR25-233 delivered a 114-meter intercept with 27.9 meters at 70g/t AgEq (31g/t Ag and 0.46g/t Au) and 53.3 meters at 51g/t AgEq (17g/t Ag and 0.4g/t Au). The results validate the Company's geological model and demonstrate the potential for future resource growth along the north-west structural corridor.

Outlook

The Company is focused on advancing the Mineral Resource toward JORC Indicated classification, expanding the Mineral Resource through targeted step-out drilling, and progressing toward development milestones.