Sierra Nevada Gold, Inc.. · ASX:SNX
Sierra Nevada Gold, Inc — Investor Presentation (May 2024)
23 slides from Sierra Nevada Gold, Inc's investor presentation, May 2024
Slide 1: Drill ready gold copper explorer
Drill ready gold copper explorer INVESTOR PRESENTATION MAY 2024 ASX : SNX ASX : SNX 1
Slide 2: 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 3: Sierra Nevada Gold (ASX:SNX)
Sierra Nevada Gold (ASX:SNX) Nevada focused successful explorer established in 2011, listed on the ASX in May 2022. Expansive land package with pipeline of well- located gold exploration projects derived over many years. Focused on exploring large scale Warrior epithermal gold system identified in 2
Slide 4: Company Overview
Company Overview CAPITAL STRUCTURE SHARE PRICE HISTORY – SINCE JUNE 2023 Ticker ASX:SNX 0.16 1.0 Share Price (May 8, 2024) A$0.04 0.14 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) 3,282,210 0.08 FD Shares Ou
Slide 5: Nevada gold and copper discovery opportunities
Nevada gold and copper discovery opportunities 1. WARRIOR – HIGH-GRADE EPITHERMAL GOLD • Large well mineralised epithermal gold systems identified. • 2023 drilling returned up to 20.73m at 2.13g/t Au incl. 10.97m at 3.76g/t Au.* • +10 strike km of blind targets under shallow cover identified- signif
Slide 6: Warrior Project
Warrior Project ASX : SNX ASX : SNX 6
Slide 7: 1. Warrior Project – High-grade epithermal
1. 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. GREAT LOCATION • 15km SE from the high-grade Paradise Peak High Sulphidatio
Slide 8: 1. Warrior Project – Encouraging early drill results
1. 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.3 • Hole WARC022 returned 20.73m at 2.13g/t Au incl. 10.97m at 3.76g/t Au.4 • Scout hole WARC012 returned 143m of highly anomalous gold and sil
Slide 9: 1. Warrior Project - OMCO Claim Area
1. Warrior Project - OMCO Claim Area ENCOURAGING INITIAL EXPLORATION RESULTS • Claims staked in 2021 based on prospecting, hyperspectral and geophysical interpretation. • Claim group adjacent to the historic OMCO mine which exploited the high-grade Olympic Vein (recorded production to 1921of 35kT at
Slide 10: New Pass Project
New Pass Project ASX : SNX ASX : SNX DRILL READY GOLD COPPER EXPLORER │ MAY 202410 10
Slide 11: 2. 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 intercept of 1.22m at 26.7g/t Au on the Superior Vein in hole NP001RC.6 • High-grade veins mined, open at depth and 4km along strike.7 • Immediate potentia
Slide 12: 2. New Pass Project – High grade gold
2. New Pass Project – High grade gold • NP001RC returned 1.22m@26.7g/t Au 8 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 assessment of the U
Slide 13: Blackhawk Epithermal
Blackhawk Epithermal High Grade Silver-Gold-Lead-Zinc ASX : SNX ASX : SNX DRILL READY GOLD COPPER EXPLORER │ MAY 202413 13
Slide 14: 3. 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. • Consistent high-grade rock chip geochemistry returned throughout project area (+30g/t Au, 1% Ag, +20% Pb, Zn).9 HIGH-GRADE DISCOVERY MADE BENEATH THE ENDOWMENT MINING C
Slide 15: Colorback Project
Colorback Project ASX : SNX ASX : SNX DRILL READY GOLD COPPER EXPLORER │ MAY 202415 15
Slide 16: 4. Colorback Project – Carlin style gold
4. Colorback Project – Carlin style gold LOCATED IN THE HEART OF THE PROLIFIC BATTLE MOUNTAIN GOLD TREND (+100Moz Au) • Close to and on structural trends from the giant Cortez Complex and Pipeline deposits (combined +50Moz). • Major recent on trend discoveries made – Goldrush and Fourmile +15Moz and
Slide 17: 4. Colorback – 2022 Drilling confirms "Leakage Anomaly"
4. Colorback – 2022 Drilling confirms “Leakage Anomaly” Sierra Nevada exploration dataset clearly defines gold carrying structures suitable for controlling the deposition of a major Carlin Style Gold system in this highly endowed environment. POTENTIAL FOR LARGE-SCALE SYSTEM • Plans to drill test ke
Slide 18: Blackhawk Porphyry
Blackhawk Porphyry ASX : SNX ASX : SNX DRILL READY GOLD COPPER EXPLORER │ MAY 202418 18
Slide 19: 5. 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. • Large mineral system substantiated by a 4km diameter
Slide 20: Exploration Generative Program
Exploration Generative Program ASX : SNX ASX : SNX DRILL READY GOLD COPPER EXPLORER │ MAY 202420 20
Slide 21: 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 Walker Lane Trend. • Large geophysical and spectral datasets generated by Sierra Nevada. • Structural an
Slide 22: 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. Epithermal (3) Epithermal (2) • 23 high impact
Slide 23: Sierra Nevada Gold – 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. EXPERIENCED TEAM WITH DISCOVERY DRILLING PROGRAMS SET TO RECOMMENCE TRACK RECORD. AT WARRIOR. BALANCED PORTFOLIO: 5 QUALITY GOLD WORLD-CL
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