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Sun Silver Limited (ASX:SS1)
ALERT: Price-sensitive ASX Announcement for SS1
Current share price for SS1 : $1.130 -0.02 (-1.74%)+
Announcement
Release
19 Aug 2026 8:03AM
Price at Release
$1.150
Full Release
Summary
Sun Silver Limited has announced further high-grade silver discoveries beyond the current Mineral Resource Estimate (MRE) at the Maverick Silver Project in Nevada, USA. The latest drilling results from the 2026 exploration program include significant silver intercepts, with one drill hole, MR25-235, recording 98.3 meters at 120.3 grams per tonne silver equivalent, including 47.6 meters at 200.6 grams per tonne silver equivalent. These results highlight the potential for resource growth, with mineralization occurring outside the existing MRE. Additionally, consistent zones of antimony mineralization were identified, suggesting a multi-element potential for the Maverick Project. The company's drilling program aims to enhance geological models by intersecting predicted mineral zones and testing further extensions.
Key Points
- Further high-grade silver discovered beyond current MRE
- Drilling intercepts include 98.3m at 120.3g/t AgEq from MR25-235
- Significant resource growth potential highlighted
- Consistent antimony mineralization zones identified
- Exploration program continues to enhance geological models
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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