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Sun Silver Ltd. ( (AU:SS1) ) has shared an announcement.
Sun Silver has appointed global engineering group Ausenco as lead engineering consultant for its Maverick Silver Project in Nevada, engaging the firm to deliver concept-level engineering and internal scoping studies ahead of a maiden Scoping Study or Preliminary Economic Assessment planned for the second half of 2026. The work program, supported by specialist consultants in mine planning, metallurgy and environmental permitting, will define process design, site layout, infrastructure and cost estimates for a potential heap leach operation, positioning the project to leverage currently elevated silver prices and accelerate its progression toward development.
Ausenco brings extensive experience in gold and silver project studies and delivery across North America, and its multidisciplinary team will focus on technical, economic and permitting aspects to ensure an execution-ready development pathway for Maverick Silver. Sun Silver’s management emphasised that engaging a globally recognised engineering partner in a strong silver price environment materially enhances the project’s economics and underscores the strategic timing of advancing one of the largest undeveloped silver assets in the United States, which may improve the company’s competitive standing in the precious metals sector.
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 its flagship Maverick Silver Project in Elko County, Nevada. The company is targeting large-scale silver production, with development studies centered on a heap leach processing route to capitalise on strong silver prices and growing demand for precious metals.
Average Trading Volume: 2,369,467
Technical Sentiment Signal: Buy
Current Market Cap: A$242.9M
Learn more about SS1 stock on TipRanks’ Stock Analysis page.