#United States #Elko #Maverick Springs #Sun Silver #Mining Resources

Sun Silver Expands Maverick Springs Resource by 59Moz

Sun Silver Ltd., an emerging player in the mining sector, has recently announced a major expansion of its mineral resource estimates for the Maverick Springs Silver and Gold Project located in Nevada. The company revealed that through strategic exploration, including re-assays and extended drilling, the inferred mineral resource at Maverick Springs has increased by an impressive 59 million ounces (Moz), bringing the total to 539 Moz of silver equivalent at a grade of 71 grams per tonne (g/t).

This development represents Sun Silver's third resource upgrade within less than two years, underscoring the significance of Maverick Springs as one of the most strategically valuable undeveloped silver assets in the United States. The Managing Director of Sun Silver, Andrew Dornan, stated that the company’s ongoing 2025 drilling program and extensive re-assay work have greatly contributed to this leap in resource estimation. Notably, the higher-grade resource reflects an 85% surge in the past two years alone.

With silver now recognized on the U.S. Critical Minerals list, and in light of China’s recent export restrictions, the demand for secure domestic supply has never been more pressing. Dornan emphasized that Maverick Springs is well-positioned to meet U.S. demand as the project continues to reveal additional potential, particularly since the system remains open to the north and south.

Located approximately 85 kilometers from Elko—a fully serviced mining town—Maverick Springs is strategically surrounded by several renowned gold and silver mining operations, including Barrick’s Carline Mine. Experienced analysts have rated Nevada as the premier mining jurisdiction globally, a recognition reaffirmed by the Fraser Institute in 2022. The Maverick Springs deposit itself demonstrates continued promise, with multiple mineralized intercepts discovered beyond the current resource model.

Sun Silver is committed to advancing the Maverick Springs Project, continuously exploring and refining its potential in this favorable landscape. The company's proactive approach in enhancing its mineral resource base is not only beneficial for its stakeholders but also contributes to bolstering the local mining economy. As they delve deeper into the assets of Maverick Springs, both the company and the broader mining industry look forward to future developments that could reshape the supply landscape in the U.S. for silver and possibly other critical minerals.

In summary, the recent release from Sun Silver signifies a crucial step forward in the mining sector, revealing promising growth in resource estimates and an optimistic outlook in the context of the U.S. supply chain challenges. While it remains to be seen how the geopolitical landscape evolves, the fundamentals at Maverick Springs suggest it will continue to play a vital role in domestic resource production.