Australia's Sun Silver rises on high-grade silver exploration in Nevada

Sun Silver

02/07/2025 06:27

** Shares of Sun Silver SS1.AX jump as much as 11.5% to A$0.825, their highest since June 20

** Stock last up 10.1%; on track for its best day since April 8

** The silver and gold explorer says extensional hole MR25-211 has returned the highest-grade silver equivalent intercept ever recorded at the Maverick Springs Project in Nevada, U.S.

** Around 2.2 mln shares change hands, over 3x its 30-day average volume of 646,153 shares

** YTD, SS1 up 30.4%, including the session's gains

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.SinghChundawat@thomsonreuters.com))