Sun Silver (ASX:SS1) said drilling is underway at its Maverick silver project in Nevada to support a resource upgrade and drive growth, according to a Friday Australian bourse filing.
Step-out drilling is targeting north-west extensions, focusing on continuity of high-grade hinge-zone mineralization, while additional diamond drill cores are being collected for metallurgical test work.
It held cash reserves of around AU$23.1 million as of June 30.
Its shares rose 6% in recent trading on Friday.
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