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Sun Silver Limited (ASX:SS1)

ALERT: Price-sensitive ASX Announcement for SS1
Current share price for SS1 : $1.110 0.16 (16.84%)+
Announcement
Release
23 Jul 2026 9:10AM
Price at Release
$0.950
Full Release
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Summary
Sun Silver Limited has announced strategic acquisitions to expand its Maverick Silver Project located in Nevada, USA. The company has acquired the Bayan Springs North Project and staked 106 additional lode claims, securing continuous ownership across a 15 km northwest corridor. This move strengthens their strategic land position and offers control over a highly prospective mineralised trend. Ongoing exploration has identified high-grade mineralisation within a northwest-trending antiformal hinge, and the new Northern Target with Carlin-style mineralisation features presents significant exploration opportunities. The project aims to demonstrate the broader scale potential of Maverick with continuous resource growth along the newly secured corridor.
Key Points
  • Acquisition of Bayan Springs North Project.
  • Staking of additional 106 lode claims.
  • Strategic land consolidation at Maverick Silver Project.
  • Uninterrupted ownership of mineralised corridor at Maverick.
  • Northwest expansion of Maverick Silver Project.
  • Presence of high-grade mineralisation.
  • Identified Northern Target with Carlin-style features.
  • New exploration corridor with anomalous geochemical signature.
  • Control of 15 km of prospective strike at Maverick.
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.