Siren Gold Ltd · ASX:SNG
Siren Gold — Investor Presentation (October 2022)
26 slides from Siren Gold's investor presentation, Oct 7, 2022
Slide 1: Reefton Goldfield, New Zealand Investor Presentation – 7 Oct 2022
Reefton Goldfield, New Zealand Investor Presentation – 7 Oct 2022 Siren Gold – Exploration Presentation 1 www.sirengold.com.au
Slide 2: Disclaimer and Forward-looking Statements
Disclaimer and Forward-looking Statements These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) are confidential and have been prepared by Siren Gold Limited ACN 619 211 826 (Company). By receiving the Presentation Materials, you acknowledge and
Slide 3: Reefton Goldfield New Zealand – Originally part of the Lachlan Fold Belt
Reefton Goldfield New Zealand – Originally part of the Lachlan Fold Belt Siren Gold – Exploration Presentation 3 www.sirengold.com.au
Slide 4: Comparison to Reefton and Victorian Goldfields
Comparison to Reefton and Victorian Goldfields Bendigo-Ballarat Zone Mineralisation Controls Reefton Zone Bendigo-Ballarat Fosterville Age of Host Rocks Host Rock Lithology Deformation style during Mineralisation Ore Types Chemical Association Mineralised shoots Depth of Mineralisation Mesothermal E
Slide 5: Reefton Goldfield, New Zealand – proven high grade mining district
Reefton Goldfield, New Zealand – proven high grade mining district ➢ Underexplored high grade goldfield along a 35km structural corridor ➢ Historical underground gold production of 2Moz @ 16g/t Au, most mining ceased after WW11 ➢ Siren Gold has a dominant 850km2 tenement package with numerous histor
Slide 6: Maiden Resource Estimate - 131koz @ 4.1g/t Au
Maiden Resource Estimate - 131koz @ 4.1g/t Au ➢ Best drill holes: ➢ 2.5m @ 358g/t Au ➢ 8.0m @ 11.0g/t Au ➢ 3.0m @ 10.8g/t Au ➢ 2.0m @ 26.8g/t Au ➢ 4.1m @ 10.6g/t Au ➢ 5.0m @ 8.7g/t Au Note 1: The potential quantity and grade of this Exploration Target is conceptual in nature as there has been insuff
Slide 7: AXDDH084 – McVicar West shoot 2.5m @ 358g/t Au
AXDDH084 – McVicar West shoot 2.5m @ 358g/t Au 82g/t Au Stibnite vein Siren Gold – Exploration Presentation 7 www.sirengold.com.au
Slide 8: Exploration Target – 500 to 700koz @ 5-7g/t Au
Exploration Target – 500 to 700koz @ 5-7g/t Au ➢ Exploration Target of 500- 700koz @ 5-7g/t Au1 - to 200mRL (~500m vertical) ➢ At 2kms down plunge is only 1km vertically ➢ Access via a decline from 300mRL. ▪ Mineralisation 500m above and 800m below the portal. ➢ Acicular arsenopyrite dominates, visi
Slide 9: Alexander River – Compared to Blackwater
Alexander River – Compared to Blackwater Alexander River Blackwater (Federation Mining) Exploration Target – 500-700koz @ 5-7 g/t Au Blackwater produced 740koz @ 14.2g/t Au with plans to produce an additional 700koz. ( total -1.4Moz Au) Siren Gold – Exploration Presentation 9 www.sirengold.com.au
Slide 10: Alexander River compared to Fosterville
Alexander River compared to Fosterville Siren Gold – Exploration Presentation 10 www.sirengold.com.au
Slide 11: Big River – Historical production 34.1g/t Au, 136koz
Big River – Historical production 34.1g/t Au, 136koz ➢ Historic Production 136koz @ 34.1g/t Au. massive Sb ➢ Mined to 560m, 12 levels, closed in 1942 due to WWII ➢ Contains massive Stibnite veins – high grade gold ➢ Best drill holes: ➢ 6m @ 21.4g/t Au - Shoot 4 ➢ 3m @ 18.5g/t Au – Shoot 4 Sb vein ➢
Slide 12: St George – 4km+ Mineralised Zone
St George – 4km+ Mineralised Zone Sb vein Sb vein Siren Gold – Exploration Presentation 12 www.sirengold.com.au
Slide 13: Lyell – Mt Lyell 5km Mineralised zone
Lyell – Mt Lyell 5km Mineralised zone Trench LYTR_001 - awaiting gold assays From To Geological Description As ppm 0 1 greywacke 90 Mt Lyell North 1 2 greywacke 150 2 3 Sandstone minor acicular aspy and 5-30mm white/grey quartz veins. 1,750 3 4 Sandstone abundant acicular aspy, 2-10mm translucent qu
Slide 14: Auld Creek – 2km Mineralised Zone
Auld Creek – 2km Mineralised Zone Siren Gold – Exploration Presentation 14 www.sirengold.com.au
Slide 15: Auld Creek – Trench FTTR001 (6m @ 15.8 g/t AuEq)
Auld Creek – Trench FTTR001 (6m @ 15.8 g/t AuEq) Gold equivalent formula (𝐴𝑢𝐸𝑞 = 𝐴𝑢 g/𝑡 + 1.58 × 𝑆𝑏 %) used by Mandalay Resources Ltd for the Costerfield mine (refer Mandalay Technical Report, 2022 dated 25 March 2022). The formula is based on a gold price of US$1,700 per ounce, antimony…
Slide 16: Auld Creek – RDD087 (True width 12m @ 8.1g/t AuEq)
Auld Creek – RDD087 (True width 12m @ 8.1g/t AuEq) RDD087 From To Interval (m) Au ppm (OGL) Sb (%) pXRF AuEv g/t 63 64 1 2.60 16.45 28.59 64 65 1 6.96 23.99 44.86 65 66 1 6.89 2.91 11.49 66 67 1 5.56 2.97 10.25 67 68 1 9.19 16.84 35.80 68 69 1 6.96 0.43 7.64 69 70 1 8.91 6.2 18.71 70 71 1 5.31 1.11
Slide 17: Auld Creek – 2km Mineralised Zone
Auld Creek – 2km Mineralised Zone Siren Gold – Exploration Presentation 17 www.sirengold.com.au
Slide 18: Langdons – New permit application
Langdons – New permit application • The Langdons area contains a number of high-grade Au-Sb reefs ranging from 0.6 to 2.7m wide that were mined with a recovered grade of 60g/t Au. Early reported grades were up to 2,610g/t Au and 1,120g/t Ag. • An outcrop of the Langdons Lode was sampled by Morgan in
Slide 19: Sams Creek Tenements
Sams Creek Tenements Siren Gold – Exploration Presentation 19 www.sirengold.com.au
Slide 20: Sams Creek, New Zealand – 7km long mineralised dyke
Sams Creek, New Zealand – 7km long mineralised dyke Siren Gold – Exploration Presentation 20 www.sirengold.com.au
Slide 21: Sams Creek– SE Traverse to Main Zone
Sams Creek– SE Traverse to Main Zone Main Zone & Carapace SE Traverse Sb vein Siren Gold – Exploration Presentation 21 www.sirengold.com.au
Slide 22: Sams Creek - Wireframe and Resource block model
Sams Creek - Wireframe and Resource block model Siren Gold – Exploration Presentation 22 www.sirengold.com.au
Slide 23: Sams Creek, 7km long dyke rock chips & drillholes
Sams Creek, 7km long dyke rock chips & drillholes Barrons Flat Barrons Flat Holes Riordans Main Zone Anvil East Anvil West Western Outcrops Anvil West Anvil East Doyles Carapace 588koz @ 2.4g/t Au (MRE) 125koz @ 3.0g/t Au (ET) SE Traverse 713koz @ 2.5g/t Au (total) Siren Gold – Exploration Presentat
Slide 24: Siren Gold Summary - Next Steps
Siren Gold Summary - Next Steps Siren's Mineral Resource Estimate ➢ Drilling over the next 12-24 months will focus Project Tonnes (kt) Grade (g/t) Ounces (koz) on: Alexander River ➢ Alexander River Inferred 1,000 4.1 131 ➢ Big River Sams Creek Indicated 4,095 2.5 328* ➢ Auld Creek Inferred 2,047 2.3
Slide 25: Exploration Targets - Pathway to multi-million ounces
Exploration Targets - Pathway to multi-million ounces Exploration Target Notes Project Current Au (g/t) Koz Notes 1 Existing JORC resource completed by Golder 2013 - see Siren press release 3 June 2022. Main Zone 2.4 588 1 Based on existing drill holes average that average 7m @ 4.1g/t over 600m stri
Slide 26: Paul Angus | Technical Director
Paul Angus | Technical Director T: + 61 (8) 6458 4200 E: pangus@sirengold.com.au W: sirengold.com.au ASX CODE: SNG Siren Gold – Exploration Presentation 26 www.sirengold.com.au