Further High-Grade Silver Discovered Outside MRE

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Stock Sun Silver Ltd (SS1.ASX)
Release Time 19 Aug 2026, 8:03 a.m.
Price Sensitive Yes
 Sun Silver Discovers High-Grade Silver Outside MRE
Key Points
  • MR25-235: 98.3m at 120.3g/t AgEq from 173.0m, including 47.6m at 200.6g/t AgEq
  • MR25-235 also intercepted mineralisation outside the MRE, with results up to 811.7g/t AgEq
  • Results demonstrate consistent antimony zones, with individual assays up to 1.23% Sb
  • Drilling continues to increase confidence in the Company's geological and mineralisation models
Full Summary

Sun Silver Ltd reported assays from its ongoing 2026 exploration program at the Maverick Silver Project in Nevada, USA. The latest drilling delivered an exceptional 98.3m at 120g/t AgEq, including 47.6m at 201g/t AgEq, starting outside the current Mineral Resource and highlighting significant resource growth potential. The associated 86.9m antimony zone averaging 0.1% Sb, with grades up to 1.2% Sb, further demonstrates the scale and multi-element potential of the Maverick mineralised system. The 2026 drill program was designed to advance the project across three key priorities: resource classification upgrade, development advancement, and resource growth. The results reported continue to deliver against these objectives, with drilling intersecting extensive zones of silver and gold mineralisation while validating the Company's evolving geological model.

Outlook

The Company is progressing towards development through the delivery of key technical, permitting, and study milestones, including advancing the Mineral Resource toward JORC Indicated classification, expanding the Mineral Resource, and advancing metallurgical testwork.