Sun Silver Ltd. (AU:SS1) has released an update.
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Sun Silver Ltd., a newly listed company on the ASX, has announced a successful IPO, raising $13.0M and commencing a 7,500m drilling program at their Maverick Springs Project in Nevada, which could potentially expand the already significant silver resource. The company is also planning to establish a Silver Paste Production Facility with the support of a government credit application. This marks a rapid progress for the company since its listing in May 2024, signaling a promising start in the mining sector.
For further insights into AU:SS1 stock, check out TipRanks’ Stock Analysis page.