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Sun Silver Ltd. ( (AU:SS1) ) just unveiled an update.
Sun Silver reported exceptional metallurgical results from recent testwork at its Maverick Springs silver-gold project in Nevada, with intermittent bottle roll cyanide leach tests on coarse-crush material indicating silver recoveries averaging 77% and gold recoveries averaging 74% under early-stage heap leach conditions. The company said these outcomes demonstrate non-refractory, non-preg-robbing ore and underpin a de-risked, scalable, low-capital heap leach development option.
Complementary cyanide leach tests at finer grind sizes delivered even higher recoveries, with silver averaging 87.25% and gold 82.15%, while an independent review confirmed that extended leach durations enhance silver recoveries, consistent with its slower kinetics. Management highlighted that these recoveries compare favourably with benchmark heap leach performance at Nevada’s Rochester silver mine and noted that reducing chlorides in process water via reverse osmosis could further improve recoveries, strengthening the project’s competitiveness and potential returns for stakeholders.
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 Ltd. is an Australian-listed mineral exploration and development company focused on advancing the Maverick Springs silver-gold project in Nevada, U.S. The company targets large-scale, low-capital development pathways, with an emphasis on heap leach processing to unlock value from oxide and transitional ores in a well-established precious metals jurisdiction.
Average Trading Volume: 2,991,952
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$363.4M
See more data about SS1 stock on TipRanks’ Stock Analysis page.

