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The latest announcement is out from Sun Silver Ltd. ( (AU:SS1) ).
Sun Silver Limited has announced the discovery of significant antimony mineralization at its Maverick Springs Project, which enhances the project’s multi-commodity potential. This development is strategically important as the US is heavily reliant on foreign antimony supplies, primarily from China, which has recently imposed export restrictions. The company is engaging with US government agencies and industry stakeholders to position Maverick Springs as a key contributor to domestic supply chains for critical minerals, potentially increasing the project’s value and importance amid global supply constraints.
More about Sun Silver Ltd.
Sun Silver Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with silver and gold, with a significant project in Maverick Springs, Nevada, USA. This project is noted for being the largest pre-production primary silver asset on the ASX, aligning with the growing global demand for silver in clean energy, electronics, and investment markets.
YTD Price Performance: -8.00%
Average Trading Volume: 507,261
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$83.65M
Learn more about SS1 stock on TipRanks’ Stock Analysis page.
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