Maverick Gold and Silver Confirms Exploration Potential for On-Trend Targets at Jericho Property, Nevada
Maverick Gold and Silver Confirms
Exploration Potential for On-Trend Targets at
Jericho Property, Nevada
Vancouver, British Columbia--(Newsfile Corp. - September 1, 2026) -
Maverick Gold and Silver
Corp., (CSE: MAV) (FSE: VR61) (OTC Pink: VRCFF) ("Maverick" or the "Company")
announces
results from chip channel and grab samples from the northern portion of the Jericho Property (
"Jericho"
or the
"Property"
) in Lincoln County, Nevada.
Eighteen (18) samples were taken covering the Fluorite Flat, Upper Flats and NE Extension Zones.
These zones represent the northeastern 2-kilometre portion of the West Trend.
The sampling returned greater than 1 g/t gold in two targets that are 500 metres apart (see below for
details). These results, in context of the geology and mineralization identified in the southern portion of
the Property, validate the Company's geological interpretations that the northern portion of the Property
may overlie an extension of the mineralizing system and, therefore elevates the entire northern portion of
the property to a high-priority exploration target that warrants further investigation.
These exploration targets are on trend with the Helen and Tempa Zones where the Company has
sampled up to 644.0 g/t (or 18.87 oz/T) silver and up to 7.21 g/t (or 0.21 oz/T) gold (see News Release
dated
August 25, 2026
).
The Jericho Property is located approximately 40 km northeast of Pioche and is within the Eastern
Calderas mineralized district. The Property is host to epithermal gold and silver mineralization made up
of quartz veins, breccias, and stockwork zones that occur within two sub-parallel northeast striking
structural corridors: the West Trend, which has been traced for in excess of 4 kilometres and the East
Trend, which has been traced for 2 kilometres.
Fluorite Flat Zone:
The Fluorite Flat Zone is 550 metres from the Tempa Zone and is directly on trend with the Tempa and
Helen Zones that, when combined, have been traced for approximately two (2) kilometres in strike length
and over 250 metres vertically.
The Fluorite Flat Zone is defined by a gossanous area that measures several hundred metres in
diameter. There are few outcrops and sampling was concentrated in an area where there had been
some historic disturbance that had removed a thin layer of overburden. Fourteen (14) samples were
taken with gold grades ranging from trace to 2.16 grams per tonne (g/t) gold (Au). Five (5) samples
returned greater than 0.5 g/t gold.
XRD and thin section studies indicate that the underlying rocks at Fluorite Flat are variably to strongly
clay altered (illite +/- smectite) and silica-flooded volcanics. The area is host to a widely spaced
stockwork of irregular quartz veinlets and stringers with local veins exceeding several centimetres in
width. Throughout the zone are patchy areas with moderate to heavy iron and manganese oxide staining.
The core of the Zone is centred on a shallow excavation that exposed an area with a significantly higher
concentration of silica and local vuggy quartz veins.
Table 1:
Highlights of Fluorite Flat Zone Samples
Zone
Sample No.
Easting
Northing
Sample Type
width (m)*
Average Au (g/t)
Fluorite Flat
568-570
757394.70
4205338.00
Chip Channel
1.40
1.37
Fluorite Flat
571
757395.00
4205338.00
Grab (float)
0.97
Fluorite Flat
572
757395.00
4205338.00
Grab (float)
0.56
(* widths reported are sample widths as the true widths are unknown at this time)
Upper Flats Zone:
The Upper Flats Zone is approximately 500 metres to the north-northwest of the Fluorite Flat Zone and is
located in an area of the property with very little outcrop. The single sample taken at Upper Flats was
from a shallow pit that exposed silica-flooded volcanic rocks that host irregular massive white to vuggy
quartz veins and veinlets. This sample returned 2.56 g/t Au over a width of 1.5 metres.
Table 2:
Upper Flats Zone Sample
Zone
Sample No.
Easting
Northing
Sample Type
width (m)*
Average Au (g/t)
Upper Flats
582
757569.00
4205851.00
Chip Channel
1.50
2.56
(* widths reported are sample widths as the true widths are unknown at this time)
NE Extension Zone:
The NE Extension Zone is located approximately 900 metres northwest of and 160 metres vertically
above the Fluorite Flat Zone. The NE Extension Zone is on trend with the Helen, Tempa and Fluorite Flat
Zones and marks the current northeastern extent of the West Trend.
The zone is centred around a two-metre-deep trench and what may have been an exploration adit that
has collapsed. The mineralization is made up of wispy narrow quartz veinlets within locally silicified
bleached volcanic rocks with iron and manganese oxides. Three (3) samples were taken from an area
measuring 25 by 45 metres. The samples contained trace amounts of gold and silver and were weakly
anomalous in mercury and arsenic, which are important pathfinder elements that are known to occur
proximal to, or above, epithermal systems.
Figure 1:
Map of the northern portion of the Jericho Property showing the Fluorite Flat, Upper Flats
and NE Extension Zones; mapped geology, alteration, structures, historic mine workings, quartz veins
and stockwork; and the locations and assay results of chip-channel and grab samples. Assay intervals
are reported in metres, with gold and silver values reported in grams per tonne.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/12052/312342_d412418be4e7aa7d_001full.jpg
Interpretation:
The bleached volcanic rocks hosting the Fluorite Flat and Upper Flats Zones contain illite +/- smectite, a
clay alteration that is recognized to occur at high levels of an epithermal mineralizing system. Combined
with the elevated gold values, these zones are interpreted to represent active fluid pathways that may
occur above more significant mineralization at depth.
"The fact that these targets are on trend with the Tempa and Helen Zones, which together have been
traced for approximately two kilometres along strike with more than 250 metres of vertical exposure,
increases the importance of the Fluorite Flat and Upper Flats Zones as exploration targets," stated Ian
Foreman, P.Geo., V.P. Exploration of Maverick Gold and Silver.
The potential for the Fluorite Flat, Upper Flats and NE Extension Zones to represent the superficial
expressions of a continuation of the mineralized veins sampled at Helen and Tempa warrants detailed
follow up exploration.
Analytical Methods, Laboratory and QA/QC Information:
All samples were delivered by Company personnel to ALS in Reno, Nevada, an ISO/IEC 17025:2017
accredited laboratory that is independent of the Company.
Gold analyses were completed using fire assay with atomic absorption finish (method Au-AA23) on a
30-gram aliquot. Samples returning over-limit gold values were reanalyzed using fire assay with
gravimetric finish. Silver and multi-element analyses were completed using four-acid digestion with ICP-
AES finish (method ME-ICP61).
ALS inserted certified standards, blanks, and duplicates in accordance with its accredited internal
quality control procedures. The laboratory has no relationship with the Company.
As part of the Company's quality assurance and quality control program, commercially prepared and
certified reference standards as well as proprietary blank samples were inserted at regular intervals into
the sample series, comprising approximately 5% of the samples submitted. The blanks were used to
monitor potential contamination during sample preparation and analysis, while the certified reference
standards were used to assess analytical accuracy and laboratory performance. QA/QC results were
reviewed as assay certificates were received, and all blanks and standards reported within the
Company's established acceptance limits; accordingly, no material QA/QC issues were identified.
Qualified Person
Kenneth Tullar, C.P.Geo., a consultant to the Company and an independent Qualified Person, as defined
under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), has
reviewed and approved the scientific and technical information contained in this news release.
About Maverick Gold and Silver Corp.
Maverick Gold and Silver Corp. (CSE: MAV) (FSE: VR61) (OTC Pink: VRCFF) is an exploration-stage
company advancing a portfolio of high-potential gold, silver, and copper properties. The Company is
focused on Nevada and British Columbia, mining-friendly jurisdictions that have established
infrastructure, predictable permitting, and supportive regulatory frameworks.
Additional information about Maverick Gold and Silver is available on the Company's website at
www.maverickgoldsilver.com
.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the
policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of
this news release.
On Behalf of the Board of Maverick Gold and Silver Corp.
"Glen R. Watson"
Glen R. Watson
President & CEO
For further information, please contact:
Glen Watson, President & CEO
Phone: +1 (604) 803-5229
E-mail:
Cautionary Note Regarding Forward-Looking Information
This news release may contain "forward-looking information" and "forward-looking statements"
(collectively, "forward-looking information") within the meaning of applicable Canadian securities laws.
Forward-looking information in this news release may include, but is not limited to, the Company's
exploration and development plans, future exploration programs, business objectives, strategic plans,
and expectations regarding the Company's operations, financial condition, and growth opportunities.
Forward-looking information is provided to inform the Company's shareholders and potential investors
about the Company's current expectations and plans relating to the future and may not be appropriate
for other purposes. Forward-looking information is often identified by words such as "anticipate",
"believe", "expect", "plan", "intend", "estimate", "propose", "potential", "may", "will", "would", "could",
"should", and similar expressions, although not all forward-looking information contains these
identifying words.
Forward-looking information is based on a number of assumptions that the Company believes to be
reasonable at the time such statements are made, including, but not limited to, assumptions
regarding the Company's ability to successfully execute its exploration and development plans, and
operate in a stable regulatory, economic, and business-friendly environment. These assumptions,
while considered reasonable, may prove to be incorrect.
Forward-looking information is subject to known and unknown risks, uncertainties, and other factors
that may cause actual results, performance, or achievements of the Company to differ materially from
those expressed or implied by such forward-looking information. Such risks and uncertainties include,
without limitation risks inherent in mineral exploration and development, operational and technical
risks, fluctuations in commodity prices, availability of financing, general economic, market, and
business conditions, regulatory and environmental risks, and other risks disclosed in the Company's
public filings.
Although the Company believes that the forward-looking information that may be contained in this
news release is reasonable based on information currently available, readers are cautioned not to
place undue reliance on such information, as there can be no assurance that such expectations will
prove to be correct. Forward-looking information that may be contained in this news release is only
relevant as of the date of this release. Except as required by applicable securities laws, the Company
disclaims any intention or obligation to update or revise any forward-looking information, whether as a
result of new information, future events, or otherwise.
###
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