Sun Silver Drill Results Demonstrate Thick, High-Grade Silver-Gold Continuity and Scale at Maverick Springs

Rhea-AI Summary

Sun Silver (OTCQX: SSLVF) reported further assays from 2025 drilling at its Maverick Springs silver‑gold project in Nevada showing thick, high‑grade continuity and scale. Key intercepts include 123.94m at 81.8g/t AgEq (MR25‑227) with a higher grade subset of 33.77m at 224.5g/t AgEq, plus other long intercepts including MR25‑229 and MR25‑235 (29.69m at 201.9g/t AgEq). The project hosts a JORC Inferred resource of 237Mt at 45.5g/t Ag and 0.30g/t Au (347.2Moz Ag, 2.25Moz Au, 539Moz AgEq). The deposit remains open along strike and at depth, with multiple mineralized intercepts outside the current resource model.

Positive

• 123.94m intercept at 81.8g/t AgEq (MR25-227)
• High‑grade subset: 33.77m at 224.5g/t AgEq
• Project hosts 237Mt JORC Inferred resource (347.2Moz Ag, 2.25Moz Au)
• Deposit remains open along strike and at depth, enabling expansion

Negative

• Resource classification is JORC Inferred, indicating higher geological uncertainty

News Market Reaction

+7.92%

1 alert

+7.92% News Effect

On the day this news was published, SSLVF gained 7.92%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

ELKO, Nev., Jan. 13, 2026 /PRNewswire/ -- Sun Silver Ltd. (ASX: SS1; OTCQX: SSLVF) announced that further assays from its 2025 exploration program at its Maverick Springs Silver-Gold Project in Nevada demonstrate thick, high-grade silver-gold continuity and scale. The latest drilling confirms the continuity, quality and scale of silver-gold mineralization at the project, underpinned by strong silver market fundamentals and emerging critical minerals tailwinds.

Thick mineralised intercepts returned from multiple holes at grades consistent with and exceeding the mineral resource grade, including:

MR25-227 - 123.94m at 81.8g/t AgEq (51g/t Ag and 0.36g/t Au) from 216.80m including 33.77m at 224.5g/t AgEq (168 g/t Ag and 0.66 g/t Au)

MR25-229 – 45.78m at 76.7g/t AgEq (46.8g/t Ag and 0.35g/t Au) including 15.58m at 114.6 AgEq (77.2g/t Ag and 0.44g/t Au)

Extensive gold mineralisation intercept within MR25-235: MR25-235 – 29.69m at 201.9g/t AgEq (85.1g/t Ag and 1.37g/t Au) with individual gold assays up to 4.80g/t Au

More information can be found here: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03045435-6A1306808&v=undefined.

"Drilling at the project continues to deliver thick, high-grade silver-gold intercepts, confirming the scale and continuity of the system," said Andrew Dornan, Managing Director of Sun Silver. "With silver trading above USD $83/oz, its inclusion on the U.S. Critical Minerals List, and tightening controls in China, Maverick Springs continues to be well positioned to benefit from strong market fundamentals and strategic supply-chain tailwinds," he added.

The Project, which is proximal to the prolific Carlin Trend, hosts a JORC Inferred Mineral Resource of 237Mt grading 45.5g/t Ag and 0.30g/tAu for 347.2Moz of contained silver and 2.25Moz of contained gold (539Moz of contain3ed silver equivalent).

Sun Silver (https://www.sunsilver.com.au) is developing the Maverick Springs Project, which is located 85km from the fully serviced mining town of Elko in Nevada and is surrounded by several world-class gold and silver mining operations, including Barrick's Carline Mine. Nevada is a globally recognized mining area that was rated as the Number 1 mining jurisdiction in the world by the Fraser Institute in 2022. The deposit itself remains open along strike and at depth, with multiple mineralized intercepts located outside of the current Resource constrained model.

View original content:https://www.prnewswire.com/news-releases/sun-silver-drill-results-demonstrate-thick-high-grade-silver-gold-continuity-and-scale-at-maverick-springs-302659633.html

SOURCE Sun Silver Ltd.

FAQ

What drill results did Sun Silver (SSLVF) announce on January 13, 2026 for Maverick Springs?

Sun Silver reported assays including 123.94m at 81.8g/t AgEq (MR25-227) and 33.77m at 224.5g/t AgEq as a higher‑grade subset.

How large is the Maverick Springs resource reported by Sun Silver (SSLVF)?

The project hosts a JORC Inferred 237Mt resource grading 45.5g/t Ag and 0.30g/t Au (347.2Moz Ag, 2.25Moz Au).

Does the January 2026 Sun Silver (SSLVF) release say the Maverick Springs deposit is open for expansion?

Yes. The company stated the deposit remains open along strike and at depth with mineralized intercepts outside the current resource model.

What is the significance of the high‑grade MR25‑227 intercept for SSLVF shareholders?

MR25‑227 demonstrates long, high‑grade continuity (123.94m at 81.8g/t AgEq), which supports potential resource expansion and scale.

How much gold was reported in the MR25‑235 intercept in Sun Silver's January 2026 results?

MR25‑235 returned 29.69m at 201.9g/t AgEq including individual gold assays up to 4.80g/t Au.

What exploration risk should investors note from Sun Silver's (SSLVF) announcement?

The stated resource is JORC Inferred, which carries greater geological uncertainty than measured or indicated categories.