• Discovery of high-grade Au-Ag-polymetallic breccia at As Safra
• Confirms multiple mineralising events and large magmatic-hydrothermal system
• Substantial scope for further discovery and extensions along strike and at depth

Sierra Nevada Gold Inc. (ASX: SNX) has made a significant discovery of a high-grade Au-Ag-polymetallic breccia system at the As Safra Copper-Gold Project in Saudi Arabia. The discovery, located approximately 400 meters south of the Central Copper Zone, includes intersections such as ASRC0012: 11m @ 1.15g/t Au, 108.7g/t Ag, 0.21% Cu, 4.64% Zn, and 1.88% Pb from 49m. This discovery supports the interpretation of a large, long-lived mineral system and validates the company's integrated targeting approach. Only a small proportion of the known 5.5km mineralised corridor has been drill-tested, leaving substantial scope for further discovery. Follow-up drilling and technical studies will focus on defining the breccia's scale, continuity, and relationship with the broader skarn system. The company plans to incorporate this discovery into its expanded Phase 2 program.

No specific financial guidance provided in the announcement

The discovery of the high-grade Au-Ag-polymetallic breccia system at As Safra opens up significant exploration opportunities. The company plans to incorporate this discovery into its expanded Phase 2 program, which will focus on extending known mineralisation and testing additional high-priority targets.