SNX to Commence 1500m RC Drill Program at Blackhawk Epithermal Project

Sierra Nevada Gold (ASX:SNX) is set to commence a 1,500m reverse circulation (RC) drill program at the Blackhawk Epithermal project in Nevada, USA. The program aims to follow up on previous drilling results, targeting high-grade silver at the Endowment Mine. The drilling is expected to commence next week and is anticipated to take approximately 14 days to complete, with assay results to follow near term.

Executive Commentary on Blackhawk Epithermal Project

We have spent considerable time planning the upcoming drill program to test the most prospective silver targets at Blackhawk. Previous drilling at the Endowment Mine at Blackhawk has delivered high-grade results up to 1270g/t silver and we are keen to further test this system, with more than 20km of veins identified to date. The commencement of drilling is imminent and is expected to take 10-14 days to complete, with results expected in 4-6 weeks thereafter.

Summary of SNX's Blackhawk Epithermal Project

Sierra Nevada Gold (ASX:SNX) is set to initiate a 1,500m reverse circulation (RC) drill program at the Blackhawk Epithermal project in Nevada, USA. The program aims to follow up on previous drilling results, targeting high-grade silver at the Endowment Mine. The company has identified a large and high-grade intermediate sulphidation epithermal Ag-Au-Pb-Zn vein system, covering about 5km2 and open under cover to the north and northeast. The recent LiDAR survey of the accessible underground workings within the Endowment Mine has positively impacted future exploration drill targeting. SNX plans to continue mapping and sampling, prioritizing prospects for an expanded drilling program at Blackhawk. The drilling is expected to take 10-14 days to complete, with assay results expected in 4-6 weeks thereafter.