OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor SNX ASX

Sierra Nevada Gold Inc.

Discovery Drill Stage · Copper · Gold · Saudi Arabia · United States Rating locked: sign in to view v8 · snx-20261009t171729-first-fill
Last 2026-11-06
A$0.078
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$48.5M
EV
—
Cash
US$1.9M
Debt
US$0
4 newer ASX announcements not yet reflected in this valuation

Narrative and provenance

Research & Sources

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Chronological evidenceSource-document inventory9 documents
Verified local SNX.AX closing priceMarket Data · MediumExtracted

Verified local SNX.AX closing price

Document ID
market-close
Published UTC
2026-09-25T06:00:00Z
Projects
—
Commodities
—
Open original source ↗
SNX launches 25,000m drilling program at As SafraOperations · HighExtracted

SNX launches 25,000m drilling program at As Safra

Document ID
phase2-sep
Published UTC
2026-09-23T22:37:00Z
Projects
as-safra
Commodities
copper · gold
Open original source ↗
SNX corporate presentationPresentation · HighExtracted

SNX corporate presentation

Document ID
presentation-sep
Published UTC
2026-09-15T23:26:00Z
Projects
as-safra · new-pass · warrior · blackhawk · colorback
Commodities
copper · gold · silver
Open original source ↗
Half-year accounts for 30 June 2026Results · HighExtracted

Half-year accounts for 30 June 2026

Document ID
half-year-2026
Published UTC
2026-09-11T07:32:00Z
Projects
as-safra · new-pass · warrior · blackhawk · colorback · crystal-peak
Commodities
copper · gold · silver
Open original source ↗
Appendix 2A placement securities quotationCorporate Action · HighExtracted

Appendix 2A placement securities quotation

Document ID
quotation-sep
Published UTC
2026-09-01T23:45:00Z
Projects
—
Commodities
—
Open original source ↗
A$12.85 million capital raising to advance As SafraFinancing · HighExtracted

A$12.85 million capital raising to advance As Safra

Document ID
placement-aug
Published UTC
2026-08-25T23:34:00Z
Projects
as-safra
Commodities
copper · gold
Open original source ↗
Phase 1 drilling confirms large copper system at As SafraResource Update · HighExtracted

Phase 1 drilling confirms large copper system at As Safra

Document ID
phase1-aug
Published UTC
2026-08-23T23:14:00Z
Projects
as-safra
Commodities
copper · gold · silver
Open original source ↗
June 2026 quarterly activities and Appendix 5BResults · HighExtracted

June 2026 quarterly activities and Appendix 5B

Document ID
june-quarter
Published UTC
2026-07-31T06:11:00Z
Projects
as-safra · new-pass · warrior · blackhawk · colorback · crystal-peak
Commodities
copper · gold · silver
Open original source ↗
Annual report for 31 December 2025Results · HighExtracted

Annual report for 31 December 2025

Document ID
annual-2025
Published UTC
2026-03-25T06:57:00Z
Projects
new-pass · warrior · blackhawk · colorback · crystal-peak
Commodities
gold · silver · copper
Open original source ↗
Evidence facts50
annual-cashYear-end cash

5417117 USD

2025-12-31
newpass-deferred-2025New Pass deferred consideration

200000 USD

2025-12-31
newpass-instalmentSecond New Pass instalment paid

50000 USD

2026-02-17
newpass-royaltyLegacy New Pass royalty extinguished

terminated status

2025-05-13
newpass-trialNew Pass underground drilling and bulk sampling permit received

granted status

2025-12-31
june-cashCash at 30 June 2026

1892000 USD

2026-06-30
june-runwayEstimated quarters funding

1.04 quarters

2026-06-30
june-burnRelevant quarterly operating and exploration outgoings

1814000 USD

2026-06-30
safra-areaSum of five As Safra exploration licence areas in tenure table

392.25 km2

2026-06-30
safra-phase1-holesPhase 1 holes

28 holes

2026-06-30
safra-phase1-metresPhase 1 drilling

5400 m

2026-06-30
safra-area-narrativeApproximate As Safra area in quarterly narrative

375 km2

2026-06-30
phase1-centralCentral copper zone continuity

800 m

2026-08-24
phase1-interceptCopper intercept ASDD0009

1.49 % Cu over 16m

2026-08-24
placement-commitFirm placement commitments before costs

12300000 AUD

2026-08-26
placement-pricePlacement price

0.1 AUD/CDI

2026-08-26
director-conditionalConditional director tranche

550000 AUD

2026-08-26
quoted-sharesQuoted CDIs after issue

621358352 CDIs

2026-09-02
new-cdisCDIs issued in placement

123245003 CDIs

2026-09-02
perf-sharesUnquoted performance shares

26648666 shares

2026-09-02
options-16A$0.16 November 2026 options

1500000 options

2026-09-02
options-075A$0.075 December 2027 options

2500000 options

2026-09-02
options-06A$0.06 November 2028 options

7304700 options

2026-09-02
quoted-fully-dilutedFully diluted common-share equivalents from issued instruments

659311718 shares

2026-09-02
interim-cashCash and cash equivalents

1891869 USD

2026-06-30
interim-lossHalf-year loss after tax

525016 USD loss

2026-06-30
interim-operating-cash-useHalf-year operating cash use

543750 USD

2026-06-30
interim-exploration-cash-useHalf-year exploration and evaluation cash use

1832126 USD

2026-06-30
interim-security-depositRefundable Saudi licence security deposit

1188909 USD

2026-06-30
interim-licence-minimumInitial two-year As Safra minimum exploration spending

7900000 USD

2026-06-30
interim-licence-spentAs Safra licence spending incurred at reporting date

1190000 USD approximate

2026-06-30
interim-licence-remainingUnrecognised exploration and evaluation commitment

6715368 USD

2026-06-30
interim-licence-diamondRequired diamond drilling in initial licence period

7800 m

2026-06-30
interim-licence-rcRequired reverse-circulation drilling in initial licence period

15000 m

2026-06-30
interim-licence-trenchingRequired trenching in initial licence period

1500 m

2026-06-30
interim-deferredCurrent and non-current New Pass deferred consideration

150000 USD

2026-06-30
interim-moore-retirementPeter Moore retired as executive director

retired status

2026-08-04
interim-no-customersNo major customers at exploration stage

none status

2026-06-30
interim-no-buybackNo current on-market share buy-back

none status

2026-06-30
presentation-cashPresentation cash snapshot

12000000 AUD approximate

2026-08-31
presentation-fdPresentation rounded fully diluted shares

675000000 shares approximate

2026-09-16
presentation-optionsPresentation rounded options

22000000 options approximate

2026-09-16
presentation-performancePresentation rounded performance shares

32000000 shares approximate

2026-09-16
presentation-trenchingPresentation Phase 2 planned trenching, superseded by 24 September plan

10.5 km

2026-09-16
presentation-nevada-processNevada strategic review and partner or transaction discussions

non-binding discussions status

2026-09-16
phase2-metresPhase 2 planned drilling

25000 m

2026-09-24
phase2-trenchingPhase 2 planned trenching

13.5 km

2026-09-24
phase2-first-assayFirst Phase 2 assays expected

2026-11 month

2026-09-24
close-priceASX SNX close

0.11 AUD/CDI

2026-09-25
close-volumeASX SNX volume

1721487 CDIs

2026-09-25
Conflicts requiring judgment2
  • As Safra licensed area

    The five licence areas sum to 392.25 km2 while the issuer narrative describes approximately 375 km2; no aggregate is selected for valuation.

  • Fully diluted shares

    Use the exact issued-instrument schedule in the September Appendix 2A; the later rounded presentation total is not reconciled and may include unissued incentives.