Sierra Nevada Gold Inc. announced the completion of a $12.85 million capital raise to fund a major 25,000m Phase 2 drilling program at its As Safra Copper-Gold Project in Saudi Arabia. The company is strategically focusing on KSA, initiating a commercialisation process for its Nevada assets. The report also re-stated historical drill results from Phase 1, including a high-grade polymetallic intercept.
Sierra Nevada Gold is launching a 25,000m drilling campaign at the As Safra project in Saudi Arabia to test copper scale and new targets. The program aims to define the Central Zone and explore a 12km prospective corridor, with first assays expected in November 2026.
Sun Peak Metals Corp. announced positive assay results from its maiden 10-hole diamond drill program at the Safra VMS Project in Saudi Arabia. The drilling confirmed significant copper, zinc, gold, and silver mineralization at depth and along strike, with notable intercepts including 39.0 metres of 1.38% copper and 0.84% zinc, and 19.42 metres of 1.17% copper, 2.59% zinc and 22.35 g/t silver. These results validate the company's exploration methodology and provide a strong foundation for follow-up drilling to extend known zones and test new high-priority targets.
Sun Peak Metals announced high-grade polymetallic drill results from its maiden diamond drill program at the Safra VMS Project in Saudi Arabia. Key intercepts include 39.0 metres of 1.38% copper and 0.84% zinc, and 19.42 metres of 1.17% copper, 2.59% zinc and 22.35 g/t silver. The results confirm the mineralized system extends at depth and along strike, validating the company's exploration model and providing strong encouragement for follow-up drilling.
Sierra Nevada Gold has confirmed a large-scale copper system at the As Safra project in Saudi Arabia, with mineralization extending over 800m. Phase 1 drilling yielded high-grade copper intercepts and identified multiple new targets, including a polymetallic breccia and a southeast copper system.
Sierra Nevada Gold has reported high-grade copper and gold rock-chip results from its As Safra project in Saudi Arabia. The sampling has identified a new undrilled copper target and extended existing mineralised corridors, supporting an expanded Phase 2 drilling program.
Sun Peak Metals has commenced a maiden 1,500-meter diamond drill program at the Safra VMS project in Saudi Arabia. The program targets high-priority geophysical anomalies and follows high-grade surface grab and trench results containing gold, copper, silver, zinc, and lead.
Ivanhoe Electric has reported initial drill results from its Umm Ad Dabah prospect in Saudi Arabia, discovering a new copper zone at depths exceeding 700 meters. The results include high-grade copper and silver intercepts, guided by the company's Typhoon TM geophysical technology.
