Siren Gold Ltd · ASX:SNG
Siren Gold — Shareholder Meeting (June 2021)
39 slides from Siren Gold's shareholder meeting presentation, Jun 23, 2021
Slide 1: Reefton Goldfield, New Zealand – AGM Presentation
For personal use only Reefton Goldfield, New Zealand AGM Presentation – 23 June 2021 Exploration Update – 23 June 2021
Slide 2: Disclaimer and Forward-looking Statements
Disclaimer and Forward-looking Statements These presentation materials dated 20 April 2021 and the accompanying verbal presentation (together, the Presentation Materials) 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 For personal use only Siren Gold – Investor Presentation 3 www.sirengold.com.au
Slide 4: Reefton Goldfield New Zealand
Reefton Goldfield New Zealand For personal use only Siren Gold – Investor Presentation 4 www.sirengold.com.au
Slide 5: Historical Gold Production
Reefton Goldfield New Zealand For personal use only Historical Gold Production • Deposits generally open at depth with Caplestone, Murray Creek and Globe Progress faulted off. • Federation Mining currently developing the Blackwater Reef which extends to1,500m and open. Deepest intersection = 1m @ 85
Slide 6: Key Projects
Key Projects For personal use only Outcropping Mineralisation • Alexander River • Big River • Lyell • Golden Point • Auld Creek Buried Mineralisation • Reefton South • Bell Hill • Waitahu Siren Gold – Investor Presentation 6 www.sirengold.com.au
Slide 7: 1.2km+ long outcropping quartz reef
Alexander River - 1.2km+ long outcropping quartz reef For personal use only Produced 41koz at 26.4g/t Au (cut off ~15g/t Au). From Trench Lc (Bruno) 11.8 g/t Au Siren Gold – Investor Presentation 7 www.sirengold.com.au
Slide 8: Trenches define 1.2km long mineralised outcrop
Trenches define 1.2km long mineralised outcrop averaging - 4m @ 8g/t Au For personal use only 8m @ 4.1g/t Au Siren Gold – Investor Presentation 8 www.sirengold.com.au
Slide 9: Stage 1 & 2 Drilling
Alexander River - Stage 1 & 2 Drilling For personal use only Stage 1 Drilling • Test 1.2km strike at 100m spacing. • Two holes off each pad to intersect nominally at 25m and 50m below surface. • Aim to confirm trench results and better define the orientation of Bull, McVicar, Bruno and Loftus McKay
Slide 10: McVicar and Bruno Sections
Alexander River – McVicar and Bruno Sections For personal use only Siren Gold – Investor Presentation 10 www.sirengold.com.au
Slide 11: AXDDH012 Core
Alexander River – AXDDH012 Core For personal use only 0.04 g/t Au 17.8 g/t Au 12.8 g/t Au 10.9 g/t Au 17.8 g/t Au 9.1 g/t Au 17.4g/t Au 17.9 g/t Au 8.4g/t Au 2.6g/t Au Siren Gold – Investor Presentation 11 www.sirengold.com.au
Slide 12: Loftus McKay Sections
Alexander River – Loftus McKay Sections For personal use only Siren Gold – Investor Presentation 12 www.sirengold.com.au
Slide 13: AXDDH034 Core
Alexander River – AXDDH034 Core For personal use only AXDDH034 (3m @ 10.8 g/t Au) 0.01g/t Au 0.01g/t Au 7.7 g/t Au 0.65 g/t Au 7.6 g/t Au 23.1g/t Au 7.6 g/t Au 12.4 g/t Au 23.1 g/t Au 0.2 g/t Au 14.6 g/t Au Siren Gold – Investor Presentation 13 www.sirengold.com.au
Slide 14: Mineralised Shoots Interpretation
Alexander River – Mineralised Shoots Interpretation Current Interpretation For personal use only • Bull, McVicar, Bruno and Loftus McKay shoots originally defined by surface trenching have been confirmed by drilling. • Bull, McVicar and Bruno shoots plunge NE and dip SE. • Loftus McKay (LM) shoot pl
Slide 15: Comparison to Fosterville / Queensway
Alexander River – Comparison to Fosterville / Queensway For personal use only Siren Gold – Investor Presentation 15 www.sirengold.com.au
Slide 16: Cross Section
Alexander River – Cross Section For personal use only Current Interpretation • Mineralised shoots form on the western limb of NE Trending anticlines where the reef track is parallel to bedding i.e., the Loftus McKay shoot. 0.01g/t Au • The shoot ends when it intersects a syncline and the reef track
Slide 17: Cross Section cf to Fosterville
Alexander River – Cross Section cf to Fosterville For personal use only McVicar reef? 0.01g/t Au Siren Gold – Investor Presentation 17 www.sirengold.com.au
Slide 18: Comparison to Fosterville / Alexander core
Alexander River – Comparison to Fosterville / Alexander core For personal use only Fosterville Core Alexander River Core – AX45 Siren Gold – Investor Presentation 18 www.sirengold.com.au
Slide 19: AXDDH045 Core (Loftus McKay)
Alexander River – AXDDH045 Core (Loftus McKay) For personal use only Visible gold acicular arsenopyrite Visible gold Siren Gold – Investor Presentation 19 www.sirengold.com.au
Slide 20: AXDDH045 Core (Loftus McKay)
Alexander River – AXDDH045 Core (Loftus McKay) For personal use only Visible Gold in core Siren Gold – Investor Presentation 20 www.sirengold.com.au
Slide 21: Planned Drilling
Alexander River – Planned Drilling For personal use only Targeted Drilling next few quarters • Proposed holes shown by the grey dots that can be drilled off the current consented pads. • A second larger LF70 rig mobilised to target down to 350 - 400m. • Smaller drill rig will focus on the top end of
Slide 22: IP Resistivity Survey
Alexander River – IP Resistivity Survey For personal use only Targeted Drilling next few quarters • Zonge Engineering carried out a dipole-dipole resistivity and IP survey over part of the Alexander River tenement in March-April 2010. • The objectives included provision of lithological and structura
Slide 23: Exploration Target
Alexander River – Exploration Target For personal use only Exploration Target • The Company has generated a combined exploration target for Alexander River of 250koz-500koz of gold at 5 to 6 g/t1. This includes the Loftus McKay, Bull and McVicar West shoots projected to 500m down plunge. • The three
Slide 24: Big River - Historical production 34.1g/t Au, 136koz
Big River - Historical production 34.1g/t Au, 136koz For personal use only Big River Mine • Historical Production of 136koz at 34.1g/t Au (cut off grade ~15g/t Au) • Mined to 560m from 12 levels. • Big River closed in 1942 due to WWII. • Currently drilling high grade drill targets. Siren Gold – Inve
Slide 25: Big River Mine - High grade intersections & drilling strategy
Big River Mine - High grade intersections & drilling strategy For personal use only Six Potential Mineralised Shoots • Shoots 1 - 4 were historically mined and located around the Sunderland Anticline. ➢ Shoot 1 was mined to Level 4 and is open at depth. BRDDH011 intersected 2.5m @ 8.5g/t Au ➢ Shoot
Slide 26: Big River Mine – Shoot BRDDH027 (6m @ 5.1g/t Au)
Big River Mine – Shoot 4 BRDDH027 (6m @ 5.1g/t Au) For personal use only Siren Gold – Investor Presentation 26 www.sirengold.com.au
Slide 27: Big River Mine – Shoot BRDDH034 (5.9m @ 4.1g/t Au)
Big River Mine – Shoot 4 BRDDH034 (5.9m @ 4.1g/t Au) For personal use only 2.86 g/t Au 2.2 g/t Au 0.2 g/t Au 34.5 g/t Au 5.2 g/t Au 0.1 g/t Au 1.0 g/t Au 3.7 g/t Au 0.9 g/t Au 1.3 g/t Au 0.5 g/t Au 1.2 g/t Au 0.7 g/t Au Siren Gold – Investor Presentation 27 www.sirengold.com.au
Slide 28: Big River Mine – A2 Shoot
Big River Mine – A2 Shoot For personal use only Siren Gold – Investor Presentation 28 www.sirengold.com.au
Slide 29: Big River Mine – A2 Shoot
Big River Mine – A2 Shoot For personal use only Siren Gold – Investor Presentation 29 www.sirengold.com.au
Slide 30: Big River – 3km+ Mineralised Zone
Big River – 3km+ Mineralised Zone For personal use only 3km+ Mineralised Zone • Extends from St George mine in the south to Big River North. • Sunderland Anticline extends over 3kms, open to the north and south and runs into the Big River mine that produced 136koz at a recovered grade of 34g/t Au. T
Slide 31: Big River – 3km+ Mineralised Zone / Ultrafine Soil Trial
Big River – 3km+ Mineralised Zone / Ultrafine Soil Trial For personal use only • Extends from St George mine in the south to Big River North. • Sunderland Anticline extends over the 3kms, open to the north and south and runs into the Big River mine that produced 136koz at a recovered grade of 34g/t
Slide 32: Big River - 3km+ Mineralised Zone / Ultrafine Soil Results
Big River - 3km+ Mineralised Zone / Ultrafine Soil Results For personal use only Siren Gold – Investor Presentation 32 www.sirengold.com.au
Slide 33: Golden Point – 1.5km+ Long Reef
Golden Point – 1.5km+ Long Reef For personal use only Golden Point Mine • Golden Point Exploration permit granted 19 March 2021 (46.2km2). • Reported to be a 4 foot (1m) thick reef • Mined 1,357 tonnes in 5 trial batches to recover 410oz at an average grade of 9.4g/t between 1884 – 1908. • The Morni
Slide 34: Golden Point – 1.5km+ Reef
Golden Point – 1.5km+ Reef For personal use only A 1.2m thick reef averaging 9.4g/t Au Terry Young struck a quartz reef 4m below the surface with an excavator in 1990’s while alluvial mining up Carton Creek area Wacker sample in the same spot returned 21g/t Au 4.5m below the surface. 1m+ thick outcr
Slide 35: Lyell - 1.4km long surface soil geochemical anomaly
Lyell - 1.4km long surface soil geochemical anomaly For personal use only The Lyell goldfield produced 91koz gold @ 18.4g/t from 21 mines • The largest Alpine United was mined to a depth of 550m and produced 80,514oz gold @ 17g/t recovered between 1874 -1911 (Alpine mine at bottom of image) • Strong
Slide 36: Lyell Goldfield - Quartz reef surface & underground exposures
Lyell Goldfield - Quartz reef surface & underground exposures For personal use only 2m 4m Siren Gold – Investor Presentation 36 www.sirengold.com.au
Slide 37: Buried Targets – How do you find the needle in the haystack?
Buried Targets – How do you find the needle in the haystack? For personal use only The Challenge • Cover includes Cenozoic sediments (including coal measures), glacial till and alluvial gravel. • Cover thickness from several metres to hundred of metres. • Rugged topography and covered in vegetation
Slide 38: Seismic - is it the key to unlock Buried Targets
Seismic - is it the key to unlock Buried Targets For personal use only Siren Gold – Investor Presentation 38 www.sirengold.com.au
Slide 39: Siren Gold Summary
➢ Large holding in a proven high grade “goldfield” For personal use only ➢ Significant drilling over the next two years ➢ Multiple opportunities for exploration success on key projects ➢ Huge potential for significant new Siren Gold Summary discoveries Siren Gold – Investor Presentation www.sirengol