Sunshine Silver Expands Idaho Landholdings by 60%, Plans Exploration Drilling

Sunshine Silver Mining & Refining Company (NYSE: SSMR) has expanded its mineral rights position in Idaho’s Silver Valley by approximately 60%, acquiring an additional 14,100 acres to bring its total landholdings to around 38,000 acres. This expansion positions the company as the largest mineral rights holder in the district, a key silver-producing area in the United States. The company is now targeting three high-priority surface exploration areas: East Sunshine, Rock Creek, and Pine Creek, all within or adjacent to the Sunshine Mine’s known mineralization zones. Initial surface drilling is expected to commence in the fourth quarter of 2024, as part of a planned 45,000-meter program.