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Sun Silver Limited (ASX:SS1)

ALERT: Price-sensitive ASX Announcement for SS1
Current share price for SS1 : $0.895 -0.39 (-30.35%)+
Announcement
Release
30 Apr 2026 8:05AM
Price at Release
$1.285
Full Release
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Summary
The quarterly activities and cash flow report for Sun Silver Limited details significant progress in their mineral exploration activities, particularly focusing on gold, silver, and antimony. The company has utilized an increased density grid pattern in its drilling operations to optimize resource extraction. The report highlights various drilling methods and intervals, indicating successful mineral intercepts, especially in the southern part of the mineralisation model. Additionally, Sun Silver Limited maintains a 100% interest in numerous lode claims through Artemis Exploration Co., showcasing a strong portfolio of exploration sites and ongoing commitment to its mining projects.
Key Points
  • Sun Silver Limited has ongoing drilling operations with significant results in gold, silver, and antimony.
  • Drilling has focused on an increased density grid pattern in the southern mineralisation model.
  • RC pre-collars and diamond tails were used in drilling to intercept anomalous minerals.
  • Ongoing exploration efforts in various claim areas with 100% interest held by Artemis Exploration Co.
  • The report includes details about specific drilling intervals and mineral concentrations achieved.
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.