Sun Silver unveils antimony findings at Maverick Springs Project

Grafa
09-10

Full story: https://grafa.com/news/mining-sun-silver-unveils-antimony-findings-at-maverick-springs-project-272763

Sun Silver (ASX:SS1) announced pXRF analysis results revealing high-grade antimony from a historic drill core in its 100% owned Maverick Springs Project, Nevada, USA.

Multiple drilling holes showed significant antimony mineralisation, warranting further exploration to determine full deposit potential.

Sun Silver reported anomalous Sb results over 1.3km apart within five historical drill holes.

Notably, pXRF readings from hole MR124 indicated high-grade Sb measures up to 13,199ppm over 1.52m and average readings of 1,453ppm Sb over 35.05m.

Additional readings from holes MR1, MR067, MR092, and MR093 further support the anomalous Sb distribution throughout the project area.

Sun Silver Executive Director, Gerard O'Donovan, remarked on the findings, stating, "We are excited to announce that historical drill core and reverse circulation chips from the Maverick Springs Project has produced high-grade antimony readings reaching up to 13,199ppm from our pXRF analysis."

"The extensive data from historical drill holes will be leveraged to further substantiate the potential of the deposit to host this high-value critical mineral alongside its extensive silver and gold endowment," O'Donovan reported.

With the US experiencing rising demand for antimony due to upcoming Chinese export restrictions, Sun Silver is collaborating with Holland & Knight to explore funding opportunities with the US Department of Defence.

The company aims to advance the Maverick Springs Project and mitigate supply chain disruptions affecting national security and defence.

Further investigations and independent laboratory analyses will be conducted to confirm the extent of antimony mineralisation and its economic viability within the Maverick Springs Project, positioning Sun Silver to meet future critical mineral demands.

At the time of reporting, Sun Silver's share price was $0.64.

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