Resource Minerals International Ltd reported encouraging rock chip and soil sampling results from its Wadi Salamah Project in Saudi Arabia, highlighting high-grade gold and silver at Target A and porphyry/skarn signatures at Target C. These early-stage exploration results expand the known mineralization and have led to the planning of an RC drill program for Target A.
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 13-hole drill program at the Halahila VMS Project in Saudi Arabia. The program successfully intersected broad polymetallic mineralization, with highlights including 16.5 meters averaging 2.23% zinc, 25 g/t silver, 0.43 g/t gold, and 0.42% copper in hole HAL26DD013. The company confirmed a VMS system beneath a 650-meter surface gossan, noting that the mineralization remains open along strike and at depth.
Sun Peak Metals Corp. announced initial assay results from its maiden 13-hole diamond drill program at the Halahila VMS Project in Saudi Arabia, confirming a polymetallic VMS system. Key intercepts include 16.5 meters averaging 2.23% zinc, 25.0 g/t silver, 0.43 g/t gold, and 0.42% copper in hole HAL26DD013. The company noted that the system remains open along strike and at depth, providing a strong foundation for follow-up exploration.
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.
