Sierra Nevada Gold, Inc.. · ASX:SNX
Sierra Nevada Gold, Inc — Investor Presentation (May 2024)
25 slides from Sierra Nevada Gold, Inc's investor presentation, May 28, 2024
Slide 1: ASX Announcement: Investor Presentation
ASX ANNOUNCEMENT ASX: SNX 28 May 2024 Investor Presentation ASX-listed gold, silver and copper explorer Sierra Nevada Gold Inc. (ASX:SNX) (“the Company”) is pleased to release the attached updated Investor Presentation containing information about the Company and its projects, for the information of
Slide 2: Drill ready gold, silver & copper explorer
For personal use only Drill ready gold, silver & copper explorer INVESTOR PRESENTATION MAY 2024 ASX : SNX ASX : SNX 1
Slide 3: Disclaimer
Disclaimer PURPOSE OF THIS DOCUMENT anticipated, estimated or intended and that could cause actual actions, events or results to differ materially This presentation has been prepared by Sierra Nevada Gold Inc. (SNX) for general information purposes only from current expectations. There can be no ass
Slide 4: For personal use only
Sierra Nevada Gold (ASX:SNX) Nevada focused successful explorer established in 2011, listed on the ASX in May 2022. For personal use only Expansive land package with pipeline of well- located gold exploration projects derived over many years. Focused on exploring large scale Blackhawk silver and War
Slide 5: Company Overview
Company Overview CAPITAL STRUCTURE SHARE PRICE HISTORY – SINCE JUNE 2023 Ticker ASX:SNX 0.16 1.0 Share Price (May 27, 2024) A$0.12 0.14 For personal use only 0.8 52 – Week Range A$0.04 - A$0.16 0.12 Volume (millions) Share Price (A$) Shares Outstanding 76,074,926 0.10 0.6 Options (WAEP: A$0.42) 3,28
Slide 6: Nevada gold and copper discovery opportunities
Nevada gold and copper discovery opportunities 1. BLACKHAWK EPITHERMAL – HIGH-GRADE SILVER-GOLD-LEAD-ZINC • Large high-grade system - discovery hole 12.0m at 219g/t Ag, 0.36g/t Au, 3.05% Pb and 8.54% Zn* drilled 150m below the Endowment Mine. For personal use only 2. WARRIOR – HIGH-GRADE EPITHERMAL
Slide 7: Blackhawk Epithermal
For personal use only Blackhawk Epithermal High Grade Silver-Gold-Lead-Zinc ASX : SNX ASX : SNX DRILL READY GOLD COPPER EXPLORER │ MAY 2024 6 6
Slide 8: Blackhawk Epithermal – Large-scale vein system
1. Blackhawk Epithermal – Large-scale vein system BONANZA ROCK SAMPLES RETURNED OVER 5km2 • 22.5km of undrilled veins identified. • Consistent high-grade rock chip geochemistry returned For personal use only throughout project area (+30g/t Au, 1% Ag, +20% Pb, Zn).2 HIGH-GRADE DISCOVERY MADE BENEATH
Slide 9: Endowment Mine Ag-Pb-Zn-Au-Cu system
Endowment Mine Ag-Pb-Zn-Au-Cu system • NW trending, moderately SW dipping vein and breccias discovered 1860’s, extensively mined through to the 1880’s. • 70koz’s Au equivalent of past production (Hill, 1915). 5 For personal use only • Mined to only 70-100m vertically (open at depth). • Ore derived f
Slide 10: Silver Gulch Ag-Pb-Zn-Au system
Silver Gulch Ag-Pb-Zn-Au system • 700m x 400m Au/Ag system with large well developed alteration system. • Relatively deeply oxidised footprint. For personal use only • Area aggressively drilled by American Gold Resources (AGR) in the 1980’s due to the deeper level of oxidation – AGR were exploring f
Slide 11: Warrior Project
For personal use only Warrior Project ASX : SNX ASX : SNX DRILL READY GOLD COPPER EXPLORER │ MAY 202410 10
Slide 12: Warrior Project – High-grade epithermal
2. Warrior Project – High-grade epithermal Drilling conducted in December 2023 to follow up exciting large new mineral system identified in 2022 drilling. Excellent potential for large-scale, high-grade epithermal discovery. For personal use only GREAT LOCATION • 15km SE from the high-grade Paradise
Slide 13: Warrior Project – Encouraging early drill results
Warrior Project – Encouraging early drill results Encouraging early RC drilling: • Hole WARC007 returned 17.07m at 1.57g/t gold incl. 2.44m at 7.76g/t Au.8 For personal use only • Hole WARC022 returned 20.73m at 2.13g/t Au incl. 10.97m at 3.76g/t Au.9 • Scout hole WARC012 returned 143m of highly ano
Slide 14: New Pass Project
For personal use only New Pass Project ASX : SNX ASX : SNX DRILL READY GOLD COPPER EXPLORER │ MAY 202413 13
Slide 15: New Pass Project – High grade gold
3. New Pass Project – High grade gold HIGH-GRADE RESULTS FROM INITIAL 2022 DRILLING • Maiden drilling program by SNX in 2022 returned high-grade For personal use only intercept of 1.22m at 26.7g/t Au on the Superior Vein in hole NP001RC.10 • High-grade veins mined, open at depth and 4km along strike
Slide 16: New Pass Project – High grade gold
New Pass Project – High grade gold For personal use only • NP001RC returned 1.22m@26.7g/t Au12 intersecting the Superior structure 80m down dip below Superior Level 4. • SNX has completed void and stope mapping utilising drones to assist with any future resource estimations. • Initial geomechanical
Slide 17: Colorback Project
For personal use only Colorback Project ASX : SNX ASX : SNX DRILL READY GOLD COPPER EXPLORER │ MAY 202416 16
Slide 18: Colorback Project – Carlin style gold
4. Colorback Project – Carlin style gold LOCATED IN THE HEART OF THE PROLIFIC BATTLE MOUNTAIN GOLD TREND (+100Moz Au) For personal use only • Close to and on structural trends from the giant Cortez Complex and Pipeline deposits (combined +50Moz). • Major recent on trend discoveries made – Goldrush a
Slide 19: Colorback – 2022 Drilling confirms Leakage Anomaly
Colorback – 2022 Drilling confirms “Leakage Anomaly” Sierra Nevada exploration dataset clearly defines gold carrying structures suitable for controlling the For personal use only deposition of a major Carlin Style Gold system in this highly endowed environment. POTENTIAL FOR LARGE-SCALE SYSTEM • Pla
Slide 20: Blackhawk Porphyry
For personal use only Blackhawk Porphyry ASX : SNX ASX : SNX DRILL READY GOLD COPPER EXPLORER │ MAY 202419 19
Slide 21: Blackhawk Porphyry Copper / Gold
5. Blackhawk Porphyry Copper / Gold High grade “D” veins Badger Mine Sheeted “B” veins 0.34% Cu, 2.14g/t Au, TIER 1 SCALE CONCEALED PORPHYRY SYSTEM Yellowstone Mine 1415g/t Ag, 20% Pb 0.3% Cu, 4.47g/t Au DISCOVERED IN 2018 BY SIERRA NEVADA GOLD. For personal use only • Large mineral system substanti
Slide 22: Exploration Generative Program
For personal use only Exploration Generative Program ASX : SNX ASX : SNX DRILL READY GOLD COPPER EXPLORER │ MAY 202421 21
Slide 23: Generative Program – Our Next Discoveries
Generative Program – Our Next Discoveries Grassroots generative program initiated by SNX to detect large-scale hydrothermal systems capable of hosting Tier 1 deposits in SW Nevada’s underexplored For personal use only Walker Lane Trend. • Large geophysical and spectral datasets generated by Sierra N
Slide 24: Exploration Pipeline and Target Hierarchy
Exploration Pipeline and Target Hierarchy PROJECT 1. ADVANCED EXPLORATION Warrior NAME • High level of geological confidence. Epithermal (6) Significant exploration data gathered. Blackhawk TARGET TYPE Warrior Drill ready or follow-up drilling targets. For personal use only Epithermal (3) Epithermal
Slide 25: Key Takeaways
Sierra Nevada Gold – KEY TAKEAWAYS LOCATED IN “ELEPHANT COUNTRY” NEVADA LARGE SCALE EPITHERMAL GOLD SYSTEMS - A TIER 1 MINING JURISDICTION. IDENTIFIED AT WARRIOR. For personal use only EXPERIENCED TEAM WITH DISCOVERY DRILLING PROGRAMS SET TO RECOMMENCE TRACK RECORD. AT WARRIOR. BALANCED PORTFOLIO: 5
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