Sun Silver Limited Reports Record 10,548 g/t Silver Equivalent in 70m Drill Intercept, Fueling Major Resource Expansion at Maverick Springs Project

Wednesday, July 2, 2025
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9:00 am
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Sun Silver Limited’s latest Nevada drill results include a record-breaking 22.4m interval at 460 g/t AgEq, highlighting exceptional high-grade mineralization. These promising findings signal further resource expansion potential at their Maverick Springs Project, offering an exciting outlook for emerging traders.

Sun Silver Limited has announced encouraging early drill results from its 2025 exploration program at the Maverick Springs Silver-Gold Project in Nevada, USA. The highlight of the announcement is extensional drill hole MR25-211, which intercepted 70.1 meters of mineralisation grading 160 grams per tonne (g/t) silver equivalent. Within this interval, a standout segment of 22.4 meters returned a high-grade 460 g/t silver equivalent, and even more remarkably, an ultra high-grade interval of 0.76 meters assayed 10,548 g/t silver equivalent – the highest ever recorded at the project. In addition, significant antimony grades up to nearly 8,900 parts per million (ppm) were noted, further underlining the potential of the deposit. The drilling program, conducted using reverse circulation and HQ diamond techniques, expanded the high-grade zone to the northwest of the current resource area. The high-grade intercepts and extensive mineralisation are seen as promising indicators of further resource growth, with the drill hole successfully extending mineralisation more than 100 meters beyond the established Mineral Resource. The company’s detailed technical work explains that metal equivalent values are calculated on an 85 ratio derived from current gold and silver pricing and established metallurgical recoveries. The targeted mineralisation includes both silver and gold, with consistent assay protocols ensuring robust data from the initial stages of the program. The Maverick Springs Project, located roughly 85 kilometers from the mining hub of Elko in Nevada, sits within a region known for world-class mining operations, including those of major global producers. With an existing inferred resource that contains approximately 480 million silver equivalent ounces, this latest result underpins Sun Silver Limited’s belief in the untapped potential of the project, especially in the northwest extensions. Company Managing Director Andrew Dornan emphasized that these breakthrough intercepts not only enhance the current resource figures but also set a promising tone for further exploration and drilling across the district. From a sentiment perspective, the technical news presents a bullish outlook. The record-setting high-grade interval and the extension of mineralisation beyond the current resource suggest strong potential for value creation and resource expansion. Investors could view the encouraging drill intercepts and the strategic location of the project as positive drivers for future exploration success. On the other hand, a bearish perspective might caution that early drilling results, while impressive, are subject to further scrutiny and require additional drilling to confirm long-term resource definitions and economic viability. As always for junior mining projects, the inherent exploration risks remain a consideration. Overall, the announcement reinforces Sun Silver Limited’s commitment to advancing its flagship project, with the high-grade intercepts and technical details providing substantial fuel for future growth and adding to the sector’s narrative of strong exploration potential in a globally recognized mining jurisdiction.

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