Siren Gold Ltd · ASX:SNG
Siren Gold — Corporate Update (November 2022)
26 slides from Siren Gold's corporate update, Nov 3, 2022
Slide 1: Reefton Goldfield, New Zealand Exploration Update
Reefton Goldfield, New Zealand Exploration Update – 03 November 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) have been prepared by Siren Gold Limited ACN 619 211 826 (Company). These Presentation Materials are for information purposes only. The Presentation
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 WWII ➢ 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: 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 8 www.sirengold.com.au
Slide 9: Big River– 4km+ Mineralised Zone
Big River– 4km+ Mineralised Zone Sb vein Sb vein Siren Gold – Exploration Presentation 9 www.sirengold.com.au
Slide 10: Big River Mine – Produced 136koz @ 34.1g/t Au
Big River Mine – Produced 136koz @ 34.1g/t Au ➢ Historic Production 136koz @ 34.1g/t Au. ➢ Mined to 560m, 12 levels, closed in 1942 due to WWII ➢ Contains massive Stibnite veins – high grade gold ➢ Best drill holes: ➢ 6.6m @ 21.4g/t Au - Shoot 4 ➢ 3.0m @ 18.5g/t Au - Shoot 4 Sb vein ➢ 2.0m @ 12.1g/t
Slide 11: Stibnite – One of the most critical minerals you have never heard of
Stibnite – “One of the most critical minerals you have never heard of” David Blackmon • Antimony is a critical metal of which China and Russia combined produce approximately 82% of current world production & features highly on the critical minerals lists of many countries (Australia, USA, Canada, Ja
Slide 12: Auld Creek – 2km Au-Sb Anomaly
Auld Creek – 2km Au-Sb Anomaly Bonanza North Bonanza North Fraternal North Fraternal North Bonanza Bonanza Fraternal Fraternal Siren Gold – Exploration Presentation 12 www.sirengold.com.au
Slide 13: Auld Creek – RDD087: 12m @ 8.7g/t AuEq (true width)
Auld Creek – RDD087: 12m @ 8.7g/t AuEq (true width) From To Interval (m) Au ppm (OGL) Sb (%) pXRF AuEq 63 64 1 2.60 16.45 28.60 RDD087 - Au vs AuEq (g/t) 64 65 1 6.96 23.99 44.87 65 66 1 6.89 2.91 11.49 66 67 1 5.56 2.97 10.25 63m 50.0 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
Slide 14: Auld Creek – Trench FTTR001 (6m @ 15.8 g/t AuEq)
Auld Creek – Trench FTTR001 (6m @ 15.8 g/t AuEq) 6m @ 8.9g/t Au, 4.4% Sb – 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…
Slide 15: Auld Creek – 2km Mineralised Zone
Auld Creek – 2km Mineralised Zone Siren Gold – Exploration Presentation 15 www.sirengold.com.au
Slide 16: 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 17: Lyell – 4km Au Mineralised zone
Lyell – 4km Au Mineralised zone Siren Gold – Exploration Presentation 17 www.sirengold.com.au
Slide 18: Lyell – Mt Lyell Trench Results
Lyell – Mt Lyell Trench Results From To LYTR001 – Description Au g/t As ppm 0 1 Greywacke 0.05 192 United Victory Reef 1 2 Greywacke 0.7 563 2 3 Sandstone with minor disseminated AP and a 5-30cm grey qtz veins. 2.9 4,703 3 4 Sandstone with abundant disseminated AP and a 5-30cm grey qtz veins. 9.9 6,
Slide 19: Lyell – Mt Lyell - United Victory Reef Discovery
Lyell – Mt Lyell - United Victory Reef Discovery Siren Gold – Exploration Presentation 19 www.sirengold.com.au
Slide 20: Sams Creek Tenements
Sams Creek Tenements Siren Gold – Exploration Presentation 20 www.sirengold.com.au
Slide 21: Sams Creek, New Zealand – 7km long mineralised dyke
Sams Creek, New Zealand – 7km long mineralised dyke Siren Gold – Exploration Presentation 21 www.sirengold.com.au
Slide 22: Sams Creek– SE Traverse to Main Zone
Sams Creek– SE Traverse to Main Zone 2013 Sams Creek Mineral Resource Estimate Category Tonnes (Mt) Grade (g/t Au) Contained Gold (koz) Indicated 5.0 2.48 402 Inferred 2.5 2.33 187 Total 7.5 2.43 588 SE Traverse Significant Drillhole Intesections Hole ID From (m) To (m) Interval (m) Gold (g/t) SCDDH
Slide 23: Sams Creek - Wireframe and Resource block model
Sams Creek - Wireframe and Resource block model Siren Gold – Exploration Presentation 23 www.sirengold.com.au
Slide 24: 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 25: Siren Gold Summary - Next Steps
Siren Gold Summary - Next Steps Siren Gold Combined Resource Estimate ➢ Drilling over the next 12-24 months will focus Project Tonnes (Kt) Grade (g/t Au) Contained Gold (koz) on: Alexander River ➢ Alexander River Inferred 1,000 4.1 131 ➢ Big River Sams Creek 4,095 ➢ Auld Creek Indicated 2.5 328* Inf
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