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Sun Silver Ltd. ( (AU:SS1) ) has shared an announcement.
Sun Silver Limited has more than doubled the land position of its Maverick Springs Silver-Gold Project in Nevada by staking an additional 427 lode claims covering approximately 35.7 km² to the north and south of the existing project area, resulting in a 219% increase in total project landholding. The newly acquired ground is positioned along strike of the current mineral resource and is intended to capture prospective extensions of known mineralisation while also securing space for potential future development infrastructure, a move the company frames as a strategic step to enhance exploration upside, strengthen the long-term potential of Maverick Springs, and support its goal of growing shareholder value through disciplined expansion.
The most recent analyst rating on (AU:SS1) stock is a Buy with a A$4.15 price target. To see the full list of analyst forecasts on Sun Silver Ltd. stock, see the AU:SS1 Stock Forecast page.
More about Sun Silver Ltd.
Sun Silver Limited (ASX: SS1) is an Australian-listed resources company focused on the exploration and development of silver and gold, with its flagship Maverick Springs Silver-Gold Project located in Nevada, USA. The company is pursuing growth through targeted drilling and strategic land consolidation around known mineral resources to expand its exploration footprint and support potential future project development.
Average Trading Volume: 2,579,282
Technical Sentiment Signal: Buy
Current Market Cap: A$363.5M
For an in-depth examination of SS1 stock, go to TipRanks’ Overview page.