Sierra Nevada Gold (ASX:SNX) reports rock chip results of up to 15.8% copper (Cu) and 5.83 grams per tonne gold (Au) from surface sampling at its As Safra Copper‑Gold Project in Saudi Arabia.
The latest results have defined a new undrilled ‘high-grade’ copper target east of the North Central target and expanded the As Safra Southeast and southern polymetallic target areas ahead of phase two drilling.
Key results include sample SAF142 returning 15.8% Cu, 0.62g/t Au, and 9.45g/t silver (Ag), while SAF145 returned 9.77% Cu, 0.84g/t Au, and 1.5g/t Ag. Sample SAF147 delivered 5.83g/t Au and 3.26% Cu.
The new North Central target comprises a significant undrilled copper target approximately 200m east of the main ancient workings trend. Surface sampling has returned copper grades up to 15.8% along a poorly exposed 500m trend extending in a north‑northeast direction.
CEO Adam Oehlman says the results have expanded the company’s next drilling opportunity at As Safra.
“These results have materially expanded our next drilling opportunity at As Safra,” Oehlman notes.
“We have defined a new, undrilled high-grade copper target at North Central, extended the As Safra Southeast target in both directions, and significantly expanded the footprint of the recently discovered southern polymetallic system.”
Surface sampling has further expanded the recently discovered gold‑silver‑copper‑lead‑zinc breccia system by approximately 150m north and 200m west. New results include sample SAF164 returning 2.86g/t Au, 0.8% Cu, 0.25% lead, and 0.61% zinc.
The As Safra Project consists of five contiguous blocks covering 375km2 and features a 5.5km mineralised corridor. Results from 21 remaining phase one drill holes targeting copper zones are expected over the next two weeks.
Sierra Nevada Gold is an Australian explorer advancing a portfolio of gold, silver, and copper projects across Nevada, US, alongside its Saudi Arabian asset.
Write to JC Villarba at Mining.com.au
Images: Sierra Nevada Gold
