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SNX - SIERRA NEVADA GOLD INC.


nipper
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Sierra Nevada Gold (SNX) was founded in 2011 with the purpose of assembling mineral exploration projects in Nevada, USA; the Company has invested over US$10 million to generate and advance five copper, gold and silver Projects that are ready to drill.

Sierra Nevada has the Blackhawk Project is located in the prolific Walker Lane Trend of SW Nevada and includes two significant exploration opportunities. Firstly, a Tier 1 scale copper/gold porphyry system discovered by the Company drilling in 2018 that has significant exploration potential and is the subject of ongoing interest from major resource companies. Secondly, an extensive high grade silver/gold epithermal vein system into which the Company has drilled a successful discovery hole to be further explored. The Blackhawk Project area contains more than 8 historic mining centres with some recorded past high grade production that, apart from minor drilling in the 1980's, have not been tested with modern exploration techniques.

Sierra Nevada has gold projects, Warrior, New Pass and Colorback, that have all been the subject of exploration expenditure by the Company since 2011 so that all Projects now present drill ready opportunities. The Company focus is to rapidly drill test defined targets with the goal to establish early pathways to economic resources.

Listing date 03 May 2022 ; 11:30AM AEST ##
Company contact details https://sngold.com.au/
Principal Activities Gold, silver and copper exploration
   
Issue Price AUD 0.50
Issue Type Chess Depository Interests
Security code SNX
Capital to be Raised $12,500,000
Expected offer close date 31 March 2022
Underwriter Not underwritten. Bell Potter Securities Limited (Lead Manager).
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