#United States #Elko #Maverick Springs #Sun Silver Ltd. #Silver-Gold

Promising Developments at Maverick Springs

Sun Silver Ltd. has made significant strides at its Maverick Springs Silver-Gold Project, located in Elko County, Nevada. Recently reported assay results from the company's 2025 exploration program highlight the robust continuity and scale of mineralization within the project, sparking interest amid strong market fundamentals for silver and gold.

The latest drilling outcomes illustrate encouraging findings, with multiple intervals surpassing previously established resource grades. For instance, drill hole MR25-227 reported an impressive 123.94 meters at an equivalent silver grade of 81.8 g/t, which includes peak zones of 33.77 meters containing 224.5 g/t AgEq. Similarly, drill hole MR25-229 demonstrated a mineralized intercept of 45.78 meters averaging 76.7 g/t AgEq, highlighting the rich potential of gold and silver at Maverick Springs.

Notably, drill hole MR25-235 showcased an exceptional 29.69 meters with 201.9 g/t AgEq, underscoring the gold content with assays detailing values soaring as high as 4.80 g/t Au. These results provide a clearer picture of the substantial mineralization that characterizes the Maverick Springs Project.

Andrew Dornan, Managing Director of Sun Silver, expressed confidence in the drilling outcomes, asserting, "Drilling at the project continues to provide thick, high-grade silver-gold intercepts, further confirming the scale and continuity of the system." This optimism is bolstered by prevailing market trends, particularly as silver prices trade above USD $83 per ounce. Additionally, the project's strategic significance is enhanced by silver's inclusion in the U.S. Critical Minerals List, which could lead to increased demand amid tightening controls in other regions, particularly China.

Situated near the renowned Carlin Trend, which is home to several of the world's most productive gold and silver mines, Maverick Springs has a JORC Inferred Mineral Resource estimated at 237 million tonnes with a commendable grade of 45.5 g/t Ag and 0.30 g/t Au. This translates to roughly 347.2 million ounces of silver and 2.25 million ounces of gold, totaling an impressive 539 million ounces of contained silver equivalent.

The Maverick Springs Project is strategically located just 85 kilometers away from the well-equipped mining town of Elko, which serves as a key logistical hub for the mining industry. It is surrounded by prominent operations, including the Barrick's Carlin Mine, underscoring its geological and operational potential. The project's timeline is promising, as drilling continues to reveal new mineralized intercepts outside the current resource model, indicating that the project is still open along strike and at depth.

Sun Silver's investment and focus on Maverick Springs reflect a broader trend toward maximizing resource potential in Nevada, a region highly regarded as a top mining jurisdiction worldwide. The Fraser Institute ranked Nevada as the premier mining jurisdiction in their latest review, highlighting its favorable business climate and abundant resource opportunities.

In conclusion, from the strong initial drilling results to the promising outlook in the silver market, Sun Silver Ltd. is well-positioned to enhance its value proposition through the ongoing development of the Maverick Springs Project. As the demand for critical minerals escalates, projects like Maverick Springs may play a vital role in supplying the resources necessary to meet global needs in the coming years.