Sun Silver Limited (ASX: SS1) has announced it has commenced the tender process for its maiden drilling campaign at the company’s flagship Maverick Springs Silver-Gold Project in Nevada. Maverick Springs hosts an inferred mineral resource of 292Moz of contained silver equivalent at an average grade of 72.4g/t AgEq, making it one of the most significant silver resources on the ASX.
Executive director, Gerard O’Donovan said, “We are pleased to have released our maiden drill campaign tender to the market. Utilizing existing active drilling approvals from the BLM and focusing on using local, experienced, and readily available contractors who are only located 85km from site has been a key focus for Sun Silver to expedite the drilling process.”
Sun Silver has engaged with three local contractors all based out of Elko, a fully serviced mining town which is located 85km from the Maverick Springs Property by road. All of the contractors are highly experienced, having operated in Nevada and specifically the Carlin Trend for many years. Sun Silver has prioritized demonstrated operational success within the Carlin Trend, availability, and cost as the key metrics to be considered in short-listing the preferred contractors who will provide tenders on the maiden drill campaign.
A fully active Plan of Operations (PoO), approved by the Bureau of Land Management (BLM) in Nevada, is currently in place for the Maverick Springs Project, enabling Sun Silver to swiftly move towards the commencement of its maiden drill campaign following successful completion of the tender and drill targeting. Drill collar planning will focus on the high-grade northern sections of the project.
To find out more, please visit www.sunsilver.com.au
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