Sierra Nevada Gold, Inc.. · ASX:SNX
Sierra Nevada Gold, Inc — Investor Presentation (July 2023)
15 slides from Sierra Nevada Gold, Inc's investor presentation, Jul 26, 2023
Slide 1: ASX Announcement: Investor Presentation
ASX ANNOUNCEMENT ASX: SNX 26 July 2023 Investor Presentation ASX-listed gold 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 curren
Slide 2: Drill ready gold copper explorer
For personal use only Drill ready gold copper explorer INVESTOR PRESENTATION JULY 2023 ASX : SNX
Slide 3: Disclaimer
Disclaimer PURPOSE OF THIS DOCUMENT This presentation has been prepared by Sierra Nevada Gold Inc. (SNX) for general information purposes only using the information available to SNX at the time of publication. NO RELIANCE The information contained in this presentation is not investment, tax, account
Slide 4: Sierra Nevada Gold
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, using proprietary remote sensing and geophysical data.
Slide 5: Company Overview
Company Overview CAPITAL STRUCTURE SHARE PRICE HISTORY – SINCE MAY 2022 Ticker ASX:SNX Volume Price 0.6 0.8 Share Price (July 21, 2023) A$0.10 For personal use only 0.7 0.5 52 – Week Range A$0.09 - A$0.41 0.6 Volume (millions) Share Price (A$) Shares Outstanding 56,482,000 0.4 0.5 Options (WAEP: A$0
Slide 6: Capital Raising Overview
Capital Raising Overview Capital Raising • 5 for 8 pro-rata non-renounceable entitlement offer to eligible shareholders and CDI holders to raise up to approximately Structure A$2.82m (before costs of issue) (Rights Offer). For personal use only • The Rights Offer will be conducted at A$0.08 per New
Slide 7: Capital Structure
Capital Structure ON COMPLETION OF THE RIGHTS OFFER EXISTING ASSUMING FULL $2.82M RAISED CDIs 56,482,000 91,783,250 For personal use only Options & Performance Rights1 4,407,210 5,907,210 Market capitalization @ Offer Price2 $4,518,560 $7,342,660 Market capitalization @ TERP3 $5,347,093 $8,689,026 C
Slide 8: Capital Raising Timetable
Capital Raising Timetable KEY EVENT DATE For personal use only Announcement of Rights Offer Wednesday 26 July 2023 Ex-date Friday 28 July 2023 Record Date to determine entitlement to participate in the Rights Offer Monday 31 July 2023 Dispatch Offer Booklet to Eligible Holders Thursday 3 August 2023
Slide 9: Nevada gold and copper discovery opportunities
Nevada gold and copper discovery opportunities 1. WARRIOR – HIGH-GRADE EPITHERMAL GOLD • Large mineralised epithermal gold system identified – drilling planned to recommence August 2023. For personal use only • 2022 drilling returned 17.07m at 1.57g/t Au incl. 2.44m at 7.76g/t Au.* • Identified +10
Slide 10: Exploration Programme Summary
Exploration Programme Summary Use of Funds A$ US$ Direct exploration costs $768,727 $522,735 Project claim costs and overheads $1,146,861 $779,866 For personal use only Total Project Costs $1,915,588 $1,302,601 General working capital $711,772 $484,004 Expenses of the Offer $196,740 $133,783 Total P
Slide 11: Warrior Project – High-grade epithermal
1. Warrior Project – High-grade epithermal Drilling planned for August 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 along strike from the high-grade P
Slide 12: Warrior – encouraging early drill results
1. Warrior – encouraging early drill results Encouraging first assays from Phase 1 RC drilling: • Hole WARC007 returned 17.07m at 1.57g/t gold including 2.44m at 7.76g/t Au. For personal use only • Scout hole WARC012 returned 143m of highly anomalous gold and silver (to end of hole) including: – 35.
Slide 13: New Pass Project – High-grade gold
2. 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.3 • High-grade veins mined, open at depth and 4km along strike.
Slide 14: Blackhawk Epithermal – Large-scale vein system
3. Blackhawk Epithermal – Large-scale vein system Bonanza rock samples returned over 4.5km2 • 22km of undrilled veins identified. For personal use only • Consistent high-grade rock chip geochemistry returned throughout project area (+30g/t Au, 1% Ag, +20% Pb, Zn).5 High-grade discovery made beneath
Slide 15: Key Takeaways / Contact
Key Takeaways Contact Located in “Elephant Country” Nevada - a Tier 1 mining jurisdiction. For personal use only Experienced team with discovery track record and proprietary data access used to assemble project portfolio. Balanced portfolio: 5 quality gold and copper exploration assets – all drill r
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