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Sun Silver Limited (ASX:SS1)
ALERT: Price-sensitive ASX Announcement for SS1
Current share price for SS1 : $0.925 -0.39 (-29.66%)+
Announcement
Release
1 Apr 2026 8:18AM
Price at Release
$1.315
Full Release
Summary
Sun Silver Limited has commenced its 2026 drilling program at the Maverick Silver Project in Elko County, Nevada. The project aims to enhance resource confidence, drive resource growth, and provide key metallurgical data. The drilling involves four diamond core rigs focusing on infill drilling to upgrade the JORC resource classification, step-out drilling to explore north-west extensions, and collecting samples for metallurgical testing. The program is executed by Wayfinder Drilling and Scion Drilling, targeting resource upgrades, growth, and development readiness. This initiative is pivotal in advancing the project toward a leading U.S. silver project status.
Key Points
- Four diamond core drill rigs mobilized for drilling.
- Aims for resource upgrade and growth through infill drilling.
- Focus on north-west extensions for high-grade mineralization.
- Collection of core samples for metallurgical test work.
- Drilling program executed by Nevada-based contractors.
- Targeting to achieve JORC Indicated Mineral Resource classification.
- The project is strategically significant for Sun Silver's development roadmap.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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