Sometimes the most important exploration result is not simply the grade. It is when new data begins to change the geological thesis.
That may be happening at Maverick Gold and Silver’s Jericho project in Nevada.
Maverick entered Jericho as a gold and silver story supported by historical workings and assays. After completing its first systematic sampling program using its own geological team, modern laboratories and current standards, VP Exploration Ian Foreman is now describing the project differently.
“We are now coming to a realization that Jericho is a silver property with gold.”
Maverick reported silver values up to 644 g/t at Tempa and gold values up to 7.21 g/t at President’s, with multiple silver assays exceeding 300 g/t. Foreman also said silver to gold ratios are consistently above 300:1 and can exceed 1,000:1, meaning that in some samples the silver grade was more than 1,000 times the gold grade. The team is still working to understand what those unusually high ratios mean geologically.
WHAT YOU NEED TO KNOW
High Grade Silver Confirmed: Silver reached 644 g/t at Tempa and gold reached 7.21 g/t at President’s, with multiple silver assays exceeding 300 g/t.
Approximately 2 KM Of Mineralization: Helen has been traced for roughly 800 to 900 metres and Tempa for another approximately 800 metres along trend. The August 25 release reported continuity of mineralization along approximately 2 kilometres of strike length.
250 Metres Of Vertical Exposure: Maverick has approximately 250 vertical metres of exposure from the bottom of Helen to the top of Tempa. Foreman said this indicates a strong, long lived mineralizing system.
Modern Data Replaces Historical Uncertainty: Maverick now has a systematic dataset generated by its own team, replacing reliance on historical assays where earlier sampling methods were uncertain.
Drilling Is Coming Into Focus: Foreman said he would confidently know where to place initial drill holes today, but Maverick wants another surface program first. He identified March or April 2027 as a realistic drilling goal.
STRATEGIC IMPLICATIONS
A single high grade sample can attract attention. Mineralization demonstrated along approximately 2 kilometres of strike begins to answer a more important exploration question: is there a meaningful system here?
Maverick systematically sampled exposed veins, including chip channel sampling across several metres in some locations. The work confirmed the historical pattern of stronger silver around Helen and Tempa and stronger gold toward President’s.
Foreman said the brecciation, textures and different mineralization styles indicate multiple mineralizing pulses. Helen and Tempa sit along trend, while the latest release reported continuity of mineralization along approximately 2 kilometres of strike.
That leads to the next major question: what happens below surface?
Foreman said Maverick has indications that it is looking at the upper portions of the mineralizing system. The question is whether something as interesting as what is seen at surface continues 100 or 200 metres below.
Maverick is not rushing to drill. The first program answered questions and created new ones. Foreman said areas not sampled during the initial campaign now look interesting, while results from certain exploration targets have not yet been released. Maverick collected 171 samples and the August 25 release reported results from 153.
The strategy is to complete additional surface work, improve the geological model and refine drill targets before moving to the next stage.
INVESTOR TAKEAWAY
Jericho is no longer being evaluated primarily through historical evidence.
Maverick now has its own systematic exploration data confirming high grade gold and silver, approximately 2 kilometres of mineralization along strike, approximately 250 metres of vertical exposure and unusually high silver to gold ratios that remain under study.
More importantly, the company’s interpretation is evolving. What began as a gold and silver story is now being described by Foreman as “a silver property with gold.”
Jericho is also not the only project advancing. Silver Vista in British Columbia has a fully funded drill program that Foreman described as imminent, with assay results expected around the end of 2026 depending on laboratory turnaround times. Gator in Nevada is moving through drill permitting. Jericho is progressing toward a potential March or April 2027 drill program.
At Jericho, Maverick’s work has confirmed the mineralized system at surface. The next questions are where the strongest mineralization continues, what the unusual silver rich character means and what happens when Maverick tests Jericho in the third dimension.
Maverick Gold and Silver Corporation
Last modified: August 27, 2026
