Maverick Gold and Silver Completes First Phase Work Programs on Its Nevada Properties

About this update from Maverick Gold And Silver Corporation

Vancouver, British Columbia--(Newsfile Corp. - June 9, 2026) - Maverick Gold and Silver Corp., (CSE: MAV)  (FSE: VR6) (OTC Pink: VRCFF) ("Maverick" or the "Company") announces that it has recently completed its first phase work programs on its Nevada properties. This work has significantly expanded the Company's understanding of each project as the Company is advancing each project towards a drill program."In a matter of months since acquiring the Jericho and Gator properties we have had initial field visits, compiled historic data and conducted our first field programs. Our enthusiasm for these two projects has greatly increased as a result," stated Ian Foreman, P.Geo., VP, Exploration of Maverick Gold and Silver "ideally we intend to be drilling both projects during 2026." Gator PropertyThe Gator property is located in Pershing and Lander Counties, approximately 56 km (35 miles) south-southwest of Battle Mountain.Work completed at the Gator property consisted of a magnetotelluric, or MT, geophysical survey over the Gator South target and detailed geological mapping over the GSX target, which is located immediately to the south of the Gator South target. The next steps at Gator will be the selection of drill targets and the amendment of the existing drill permit to include the GSX target.The new mapping over the GSX target has significantly increased the areal extent of the high-level hydrothermal alteration within the calcareous sediments of the Havallah Formation. This favourable alteration style has now been mapped over an area extending 1,200 metres by 700 metres. In addition, this mapping has significantly refined the Company's understanding of the GSX target and has provided critical conclusions that will be used for our planned drill program as follows:The GSX Northeast Structure provides primary structural control to the mineral system, with the best alteration and geochemistry located at intersections with secondary north-northeast structuresLithology provides an equally important mineral control - a mappable calcareous sandstone-siltstone sub-unit hosts strong alteration and mineralization disseminated well away from structural feedersThe favorable sub-unit demonstrates significantly stronger deformation than other Havallah units, suggesting more complex structural preparation prior to mineralizationThe Northeast Structure and north-northe...

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