Maverick Gold and Silver Triples the Size of the Jericho Property, Nevada

About this update from Maverick Gold And Silver Corporation

Vancouver, British Columbia--(Newsfile Corp. - April 30, 2026) - Maverick Gold and Silver Corp., (CSE: MAV) (FSE: VR61) (OTC Pink: VRCFF) ("Maverick" or the "Company") announces that an additional 62 claims were acquired via staking, which has increased the size of the Jericho property by 370%. The Jericho property is comprised of 85 mineral claims, covers 1,683 acres (or 6.8 square kilometres) and measures approximately 5.4 km by 1.5 km. The Jericho Property is located in Lincoln County, eastern Nevada, approximately 40 km northeast of Pioche. The property is located within Nevada's Eastern Calderas region, a well-established geological setting formed by large-scale volcanic activity within the Great Basin. This region is characterized by thick sequences of volcanic rocks that are very favourable host rocks for epithermal mineralizing systems. The exploration target at Jericho is a low sulphidation epithermal deposit; the gold and silver mineralization in the property consists of structurally controlled quartz veins, breccias, and stockwork zones hosted in andesites that are variably silicified, propylitized, and argillized. The property is host to two sub-parallel northeast striking mineralized trends: "Expanding the footprint of the property is a key part of our growth strategy," stated Ian Foreman, P.Geo., VP, Exploration of Maverick Gold and Silver, "we now have sufficient land to fully explore the mineralizing system as we advance the property towards a drill program." Prior to staking, the Company took a grab sample from dump material beside the historic Miramonte working. This sample was composed of pale greenish white, brecciated quartz-rich vuggy material and returned 2.50 g/t gold and 188.0 g/t (or 4.54 ounces per ton) silver.   Historic data from the Jericho Property indicate that gold grades range from less than detectable to up to 52.8 g/t (or 1.5 ounces per ton). Silver grades range from less than detectable to up to 1,255 g/t (or 36.6 ounces per ton). Mineralization at Jericho appears to have a higher silver content in relation to typical low sulphidation epithermal systems. This high silver to gold ratio, in combination with the alteration of the host rocks, is interpreted by the Company to indicate that the exposed mineralization represents a higher level within the epithermal system. The ...

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