Sun Silver Uncovers Thick High-Grade Silver-Gold Zones at Maverick Springs
Sun Silver Limited’s latest drilling results at the Maverick Springs Project in Nevada confirm thick, consistent silver-gold mineralisation, reinforcing its status as a world-class precious metals system.
- 102.14m at 105g/t silver equivalent intercept including 20.12m at 279g/t AgEq
- Drilling validates continuity and scale of mineralisation model
- JORC Inferred Resource of 218Mt grading 42.2g/t Ag and 0.31g/t Au
- Silver added to US Critical Minerals List, highlighting strategic importance
- Ongoing infill and extensional drilling alongside metallurgical testing
Robust Drilling Results Reinforce Maverick Springs Potential
Sun Silver Limited (ASX, SS1) has delivered another strong update from its 2025 drilling campaign at the Maverick Springs Silver-Gold Project in Nevada, USA. The latest assays reveal a substantial mineralised zone with drillhole MR25-250 intersecting 102.14 metres at 105 grams per tonne silver equivalent (AgEq), including a higher-grade segment of 20.12 metres at 279g/t AgEq. These results underscore the deposit’s impressive thickness, grade consistency, and continuity.
Located near the prolific Carlin Trend and surrounded by major mining operations such as Barrick’s Carlin Mine, Maverick Springs is emerging as a district-scale precious metals system. The project currently hosts a JORC Inferred Mineral Resource of 218 million tonnes grading 42.2g/t silver and 0.31g/t gold, equating to approximately 296.5 million ounces of silver and 2.2 million ounces of gold. The deposit remains open along strike and at depth, with ongoing drilling targeting extensions beyond the current resource model.
Strategic Context Elevates Project Profile
Sun Silver’s Managing Director Andrew Dornan highlighted the significance of these results amid a favourable market backdrop, "With silver and gold trading at record levels, and silver now recognised on the U.S. Critical Minerals List, we are in an exceptional position." The inclusion of silver on this critical minerals list reflects growing geopolitical interest in securing supply chains for strategic metals.
Compounding this, China’s recent moves to add silver to its export control list and tighten tax offsets signal a shift towards resource sovereignty and supply-chain leverage. This geopolitical dynamic enhances the strategic value of Maverick Springs, positioning it as a potentially important source of silver and gold outside of China.
Technical Validation and Ongoing Exploration
The drilling program includes twin holes designed to validate historic data and refine the mineralisation model. Drillhole MR25-250 successfully confirmed mineralisation in line with legacy datasets, boosting confidence in the resource model and improving understanding of mineral distribution. Notably, antimony, a valuable by-product, was also intercepted, adding further potential economic upside.
Sun Silver is advancing metallurgical test work alongside infill and extensional drilling to increase resource classification confidence and explore new targets. The company’s approach combines modern drilling techniques with rigorous quality control, ensuring robust and representative assay data.
Nevada’s Premier Mining Jurisdiction
The Maverick Springs Project benefits from its location in Nevada, rated the world’s top mining jurisdiction by the Fraser Institute in 2022. Proximity to infrastructure and established mining operations provides operational advantages. The geological setting, interpreted as a low-sulphidation epithermal or carbonate replacement deposit, hosts a large, gently folded mineralised zone with significant silver, gold, and antimony endowment.
With the deposit open at depth and along strike, Sun Silver’s ongoing exploration efforts aim to expand the resource base and unlock further value.
Bottom Line?
As Sun Silver continues to validate and expand Maverick Springs, the project’s strategic and geological strengths position it well for the evolving critical minerals landscape.
Questions in the middle?
- How will ongoing metallurgical test results impact project economics and processing plans?
- What are the timelines and targets for upgrading the resource classification beyond inferred status?
- How might evolving geopolitical dynamics around silver supply influence project financing and partnerships?
