Australia's Sierra Nevada Gold eyes best day ever on gold find at U.S. project

Sierra Nevada Gold

13/12/2022 02:02

** Shares of Sierra Nevada Gold  SNX.AX  surge as much as
38.6% to A$0.305, set to mark their best session ever, if gains
hold
    ** Co hits gold in maiden drilling at the New Pass project
in Nevada, U.S. 
    ** Says results show a potentially significant high-grade
gold vein system at the New Pass project
    ** Expects further assay results in Q1 CY2023
    ** More than 165,000 shares have changed hands, vs the
30-day average of about 40,000 shares 
    ** Stock down ~56% since its IPO in early-May
 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))