Phase 1 drilling confirms large copper system at As Safra

Key points

• Large copper system confirmed across +800m Central Copper Zone • Multiple mineralisation styles identified, including copper-gold skarn and polymetallic breccia • Phase 2 drilling planned to commence within 6 weeks

Full summary

Sierra Nevada Gold Inc. (ASX: SNX) has reported the results of its Phase 1 drilling program at the As Safra Copper-Gold Project in Saudi Arabia. The drilling has confirmed a large and coherent copper mineralised system across the Central Copper Zone, extending over 800 meters. Additionally, multiple styles of mineralisation, including copper-gold skarn, gold-dominant zones, and a polymetallic breccia, have been identified. The company plans to commence Phase 2 drilling within six weeks, aiming to further define the scale and continuity of the mineralised system.

Outlook

Phase 2 drilling is expected to provide further insights into the scale and continuity of the mineralised system, while also exploring new targets identified by the geophysical surveys.