Sierra Nevada Gold, Inc.. · ASX:SNX
Sierra Nevada Gold, Inc — Investor Presentation (May 2024)
24 slides from Sierra Nevada Gold, Inc's investor presentation, May 9, 2024
Slide 1: ASX Announcement: Investor Presentation
ASX ANNOUNCEMENT ASX: SNX 9 May 2024 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 current
Slide 2: Drill ready gold copper explorer – Investor Presentation May 2024
For personal use only Drill ready gold 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: 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. Focused on exploring large scale Warrior epithermal gold
Slide 5: 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 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) 3,282
Slide 6: 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.* For personal use only • +10 strike km of blind targets under shallow co
Slide 7: Warrior Project
For personal use only Warrior Project ASX : SNX ASX : SNX 6
Slide 8: 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. For personal use only GREAT LOCATION • 15km SE from the high-grade Paradise
Slide 9: 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 For personal use only • 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
Slide 10: 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. For personal use only • Claim group adjacent to the historic OMCO mine which exploited the high-grade Olympic Vein (recorded produc
Slide 11: New Pass Project
For personal use only New Pass Project ASX : SNX ASX : SNX DRILL READY GOLD COPPER EXPLORER │ MAY 202410 10
Slide 12: 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.6 • High-grade veins mined, open at depth and 4km along strike.
Slide 13: New Pass Project – High grade gold
2. New Pass Project – High grade gold For personal use only • 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 geomechanic
Slide 14: Blackhawk Epithermal
For personal use only Blackhawk Epithermal ASX : SNX ASX : SNX DRILL READY GOLD COPPER EXPLORER │ MAY 202413 13
Slide 15: 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 For personal use only throughout project area (+30g/t Au, 1% Ag, +20% Pb, Zn).9 HIGH-GRADE DISCOVERY MADE BENEATH
Slide 16: Colorback Project
For personal use only Colorback Project ASX : SNX ASX : SNX DRILL READY GOLD COPPER EXPLORER │ MAY 202415 15
Slide 17: 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 18: 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 For personal use only deposition of a major Carlin Style Gold system in this highly endowed environment. POTENTIAL FOR LARGE-SCALE SYSTEM •
Slide 19: Blackhawk Porphyry
For personal use only Blackhawk Porphyry ASX : SNX ASX : SNX DRILL READY GOLD COPPER EXPLORER │ MAY 202418 18
Slide 20: 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 21: Exploration Generative Program
For personal use only Exploration Generative Program ASX : SNX ASX : SNX DRILL READY GOLD COPPER EXPLORER │ MAY 202420 20
Slide 22: 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 23: 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 24: 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. For personal use only EXPERIENCED TEAM WITH DISCOVERY DRILLING PROGRAMS SET TO RECOMMENCE TRACK RECORD. AT WARRIOR. BALANCED PORTFOLIO: 5
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