Maverick Gold and Silver Completes Drill Program at Silver Vista Property, British Columbia

Maverick completed drilling at Silver Vista; assay results are pending for all five holes.

What the company is saying

Maverick Gold and Silver Corp. (CSE:MAV, FSE:VR61) reports the successful completion of its 2026 drill program at the Silver Vista Property, 55 km from Smithers, British Columbia. The company emphasizes operational execution, highlighting that drilling finished ahead of schedule, which Vice President of Exploration Ian Foreman attributes to the quality of contractors. The announcement frames the MR Zone as the focus, with five NQ-sized holes totaling 1,316 metres drilled. Maverick references strong historical results from 2021 and earlier, including intervals such as 46.00 metres at 48.0 g/t silver and 0.62% copper (0.97% CuEq) in SV21-07, and 47.82 metres at 37.0 g/t silver and 0.21% copper (0.50% CuEq) in SV21-01. The company details its calculation methodology for metal equivalents, using a three-year average price of US$30.69/oz silver and US$4.32/lb copper, with recoveries of 88% for silver and 92% for copper. Maverick notes that samples from the first two holes are at the lab, with the remainder to follow, and that historical results are unverified but relevant for exploration targeting. The technical content is reviewed and approved by Jeremy Hanson, P.Geo., as independent Qualified Person.

What the data suggests

The Silver Vista property comprises 17 mineral claims over 6,444.5 hectares (64.44 km²). The 2026 drill program consisted of five NQ-sized holes for a total of 1,316 metres, all targeting the MR Zone. No assay results from the current program are available yet; only historical data is presented. Historical highlights include SV21-07 with 46.00 metres at 48.0 g/t silver and 0.62% copper (0.97% CuEq), SV21-01 with 47.82 metres at 37.0 g/t silver and 0.21% copper (0.50% CuEq), MR 91-3 with 61.91 metres at 40.5 g/t silver and 0.11% copper (41.5 g/t AgEq, 0.44% CuEq), and MR 92-02 with 36.58 metres at 26.8 g/t silver and 0.49% copper (64.0 g/t AgEq, 0.67% CuEq), including 2.84 metres at 195.7 g/t silver and 3.65% copper (473.3 g/t AgEq, 4.98% CuEq). Metal equivalents are calculated using US$30.69/oz silver, US$4.32/lb copper, and recoveries of 88% for silver and 92% for copper. The company cautions that these equivalents are for comparison only and may not reflect actual recoverable values. All historical results are from prior operators and have not been independently verified by Maverick. The technical disclosure is detailed and transparent, but the absence of current assay results means the immediate impact of the 2026 drilling cannot yet be assessed.

Analysis

The announcement is factual and proportionate, reporting the completion of a five-hole, 1,316-metre drill program at the Silver Vista Property in British Columbia. The majority of claims are realised and operational: drilling is complete, samples have been sent for analysis, and historical results are clearly separated from current activities. Only one forward-looking statement is present, regarding the intent to use new and historical data to guide future exploration, which is standard for an exploration-stage company. There is no promotional language about imminent resource upgrades, production, or economic value, and no large capital outlay or long-dated benefit is implied. The technical disclosure is specific, with detailed historical and current drilling metrics, and the company appropriately cautions about the use of metal equivalents. No hype or narrative inflation is present.

Risk flags

• ●The absence of current assay results means investors have no new data to assess the success or mineral potential of the 2026 drill program; the value of the recent drilling remains unproven until laboratory results are released.
• ●Reliance on historical drill results, which have not been independently verified by Maverick, introduces uncertainty regarding the accuracy and reproducibility of those grades and widths; the company explicitly cautions that these are for exploration guidance only.
• ●Metal equivalent grades are calculated using specific price and recovery assumptions (US$30.69/oz silver, US$4.32/lb copper, 88% Ag recovery, 92% Cu recovery), but actual recoveries and market prices may differ, potentially impacting the economic relevance of reported intervals.

Bottom line

Maverick Gold and Silver Corp. has completed its 2026 drill program at the Silver Vista Property in British Columbia, drilling five holes totaling 1,316 metres in the MR Zone. No assay results from this campaign are available yet; only historical high-grade intervals are presented, and these have not been independently verified by the company. The technical disclosure is thorough, with clear methodology for metal equivalents and transparent caution about the limitations of historical data. The immediate investment case hinges on the pending assay results, which will determine whether the property’s potential is supported by new evidence. Until those results are released, the announcement is a procedural milestone rather than a value inflection point. The most important takeaway is that investors should watch for the upcoming assay results, as these will provide the first substantive test of Silver Vista’s exploration potential since 2021.

Announcement summary

(CSE:MAV) (FSE:VR61) Maverick Gold and Silver Corp. announced the successful completion of its drill program at the Silver Vista Property, located approximately 55 km from Smithers, British Columbia. The Silver Vista property consists of 17 mineral claims and covers 6,444.5 hectares, equivalent to 64.44 square kilometres. The 2026 drill program focused on the MR Zone and comprised five NQ sized drill holes totaling 1,316 metres. Samples from the first two holes have been sent to the laboratory for analysis, with the remaining samples to be shipped shortly. The drilling targeted the MR Showing and followed up on the 2021 campaign, which included drill hole SV21-07 intersecting 46.00 metres averaging 48.0 g/t silver and 0.62% copper (0.97% CuEq), and drill hole SV21-01 intersecting 47.82 metres averaging 37.0 g/t silver and 0.21% copper (0.50% CuEq). Historical highlights from the property include MR 91-3 with 61.91 metres at 40.5 g/t silver and 0.11% copper (41.5 g/t AgEq, 0.44% CuEq), MR 92-02 with 36.58 metres at 26.8 g/t silver and 0.49% copper (64.0 g/t AgEq, 0.67% CuEq), including 2.84 metres at 195.7 g/t silver and 3.65% copper (473.3 g/t AgEq, 4.98% CuEq), SV21-02 with 30.06 metres at 30.0 g/t silver and 0.34% copper (53.4 g/t AgEq, 0.56% CuEq), MR 91-5 with 14.33 metres at 114.0 g/t silver and 0.15% copper (102.9 g/t AgEq, 1.08% CuEq), and MR 91-1 with 32.87 metres at 34.8 g/t silver and 0.19% copper (44.0 g/t AgEq, 0.46% CuEq). Silver equivalent (AgEq) and copper equivalent (CuEq) values were calculated using a three-year average metal price of US$30.69 per ounce silver and US$4.32 per pound copper, with recoveries of 88% for silver and 92% for copper. The historical drill results were generated by previous operators and are available in BC Assessment Reports 39889 and 38072. The company cautions that metal equivalents are for comparative purposes only and may not reflect recoverable values. Ian Foreman, P.Geo., Vice President of Exploration, stated that the drilling was completed ahead of schedule due to the quality of the geological and drilling contractors. Jeremy Hanson, P.Geo., a consultant to the company and independent Qualified Person, reviewed and approved the scientific and technical information in the release. Glen R. Watson is President & CEO of Maverick Gold and Silver Corp.

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