Sun Silver Drilling Uncovers Massive Silver-Gold Zones at Maverick Springs
Sun Silver Limited’s 2025 drilling program at Maverick Springs continues to reveal extensive high-grade silver-gold mineralisation, reinforcing the project’s status as a major precious metals resource in Nevada.
- 2025 drilling returns 110m at 92g/t silver equivalent in MR25-214
- Mineralisation continuity validated against historic drilling models
- Approximately 90 drill pads approved for ongoing infill and extensional drilling
- Silver’s addition to US Critical Minerals List boosts strategic interest
- Drilling to continue through Q4 2025 and resume in Q1 2026
Robust Drilling Results Reinforce Maverick Springs Potential
Sun Silver Limited (ASX – SS1) has released further encouraging assay results from its 2025 drilling campaign at the Maverick Springs Silver-Gold Project in Nevada, USA. The latest data confirm extensive mineralised zones, including a standout intercept of 110 metres grading 92 grams per tonne silver equivalent (AgEq) in drill hole MR25-214. These results not only validate the existing mineralisation model but also enhance the understanding of the deposit’s distribution and scale.
Located near the prolific Carlin Trend and surrounded by world-class operations such as Barrick’s Carlin Mine, Maverick Springs hosts a substantial inferred resource of 218 million tonnes grading 42.2 g/t silver and 0.31 g/t gold, equating to nearly 480 million ounces silver equivalent. The deposit remains open along strike and at depth, suggesting significant upside potential.
Strategic Drilling and Resource Upgrade Plans
The company has secured approximately 90 drill pad locations, facilitating a structured program of extensional and infill drilling designed to upgrade the current resource classification from Inferred to Indicated. This upgrade is critical for advancing the project toward feasibility and eventual development. Alongside drilling, metallurgical sampling is underway to support processing studies, with preliminary recoveries for both silver and gold estimated at 85% based on historic and recent test work.
Sun Silver’s Managing Director, Andrew Dornan, emphasised the significance of the results, stating that the program is confirming the deposit’s robustness and quality. The ongoing work aims to refine the resource model and provide the technical foundation for permitting and development phases.
Favourable Market and Regulatory Backdrop
The timing of these results coincides with a strong precious metals market, with silver prices trading above US$52 per ounce and gold above US$4,100 per ounce. Additionally, silver’s recent inclusion on the 2025 US Department of Interior draft Critical Minerals List elevates the strategic importance of Maverick Springs, potentially unlocking further governmental support and investment interest from both Australian and US authorities.
Drilling is scheduled to continue through the fourth quarter of 2025 before a winter shutdown, with operations set to resume in early 2026. This sustained exploration effort underscores Sun Silver’s commitment to unlocking the full potential of Maverick Springs.
Looking Ahead
With ongoing drilling confirming high-grade mineralisation and a clear pathway to resource classification upgrades, Maverick Springs is positioning itself as a world-class precious metals asset. The combination of geological potential, strong market fundamentals, and strategic government recognition sets the stage for Sun Silver’s next phase of growth and value creation.
Bottom Line?
As Sun Silver advances drilling and resource upgrades, Maverick Springs could soon emerge as a key player in the global silver-gold landscape.
Questions in the middle?
- How will upcoming metallurgical test results influence processing plans and project economics?
- What is the timeline for upgrading the resource to the Indicated category and subsequent feasibility studies?
- How might silver’s critical mineral status affect permitting and potential funding opportunities?
