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Sun Silver Ltd. ( (AU:SS1) ) has provided an announcement.
Sun Silver Limited has announced significant findings from its ongoing multi-element re-assay program at the Maverick Springs Silver-Gold Project in Nevada, USA. The latest results confirm broad and consistent antimony mineralization, with grades surpassing those of Perpetua Resources Corp.’s Stibnite Project. This development positions Maverick Springs as a potentially significant domestic source of antimony, aligning with the U.S. government’s strategic focus on securing critical mineral supply chains. Sun Silver is advancing its data and technical work to support the development of a maiden antimony Mineral Resource estimate, which could enhance the company’s industry positioning and offer new opportunities for stakeholders.
More about Sun Silver Ltd.
Sun Silver Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction of silver and gold, with a significant emphasis on expanding its operations to include antimony, a critical mineral used in defense, energy storage, and high-tech manufacturing. Sun Silver’s market focus includes securing domestic supply chains for critical minerals in the United States.
Average Trading Volume: 1,040,054
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$162.1M
Learn more about SS1 stock on TipRanks’ Stock Analysis page.