Sierra Nevada Gold

Sierra Nevada Gold (ASX: SNX) is building a Saudi-focused copper and gold exploration company, led by its flagship As Safra project. Located within one of the world’s fastest-growing mining jurisdictions, As Safra benefits from strong government support, attractive exploration incentives and a clear national strategy to develop Saudi Arabia’s mineral sector. SNX is advancing a substantial drilling and geophysical program aimed at defining the scale and continuity of mineralisation across the project. With experienced technical leadership, an expanding local team and a growing portfolio of opportunities, SNX is positioned to become a meaningful participant in Saudi Arabia’s emerging mining industry.

Management Profile:
Adam Oehlman is a mining executive, geologist and corporate strategist with extensive experience across exploration, capital markets, transactions and business development. He is currently Chief Executive Officer of Sierra Nevada Gold (ASX: SNX), where he is leading the Company’s Saudi-focused growth strategy and advancement of the As Safra copper-gold project. Adam previously served as CEO and Managing Director of African Gold Limited, overseeing its growth and successful acquisition by Montage Gold. His career also includes senior corporate development and investment roles with OZ Minerals, Rio Tinto and Hancock Prospecting. He holds qualifications in geology, mineral economics and business administration.

What are your key goals for the next 3 months?:
Launch the 25,000-metre drilling program at As Safra. expanded geophysic and test work. Progress a clear commercial outcome for the Nevada assets.

What are your key goals for the next 6 months?:
Deliver initial results from the drilling program and refine exploration priorities. Advance new Saudi project opportunities through evaluation, negotiation and potential acquisition.

What are your key goals for the next 12 months?:
Define the scale and potential of As Safra through sustained drilling and technical work. Build a broader portfolio of high-quality Saudi copper and gold projects. Position Sierra Nevada Gold as a recognised Saudi-focused exploration company. Develop long-term strategic partnerships capable of supporting future project development.

What do you think makes your company such a compelling investment?:
Sierra Nevada Gold offers investors exposure to a potentially large-scale copper-gold project at a time when quality copper discoveries are becoming increasingly scarce. As Safra can be explored at a comparatively low cost, allowing shareholder capital to fund significantly more drilling and technical work than would typically be achievable in more established mining jurisdictions. The Company is also strategically positioned in Saudi Arabia, an emerging mining market supported by substantial government investment, attractive exploration incentives and a growing pipeline of opportunities. This combination of potential scale, capital-efficient exploration and exposure to a rapidly developing jurisdiction underpins SNX’s compelling investment proposition.

What are your corporate activities?:
Our corporate activities are focused on advancing the As Safra copper-gold project through drilling, geophysics and technical studies, while pursuing additional business development opportunities in Saudi Arabia. We are also progressing strategic options for our Nevada assets, strengthening relationships with government, investors and industry partners, and building the funding, governance and operational capability required to support the Company’s growth.