Sun Silver Ltd

Description

Sun Silver Ltd is an ASX-listed precious-metals developer advancing the 100%-owned Maverick Silver Project in Nevada, USA. The December 2025 JORC Mineral Resource contains 237.3 Mt grading 71 g/t AgEq for approximately 539 Moz AgEq, including 347.2 Moz silver at 45.5 g/t and 2.25 Moz gold at 0.30 g/t. The resource is entirely Inferred and remains open along strike and at depth.

The investment case is based on large-scale silver-gold leverage, a near-surface bulk-tonnage system, active multi-rig drilling and ongoing metallurgy, environmental baseline and Ausenco-led concept/scoping work. The current program is intended to expand the resource, convert part of the inventory to Indicated and establish a maiden Scoping Study. Cash was approximately A$23.1M at June 30, 2026.

List of Projects:

Project 1: Maverick Silver Project
Nevada, USA — Silver and gold. 100%-owned flagship project with a 539 Moz AgEq Inferred Resource comprising approximately 347.2 Moz silver and 2.25 Moz gold. Current drilling and technical studies target resource expansion, conversion and a maiden Scoping Study.

Project 2: Bayan Springs North / Northern Corridor
Nevada, USA — Silver, gold and antimony. 100%-owned contiguous district-scale exploration ground incorporated into an approximately 15 km corridor. Limited historical drilling has been completed; there is currently no separate MRE.

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