Siren Gold Ltd · ASX:SNG
Siren Gold — Investor Presentation (April 2024)
24 slides from Siren Gold's investor presentation, April 2024
Slide 1: Exploring for Gold & Antimony in the historical gold fields of New Zealand
Exploring for Gold & Antimony in the historical gold fields of New Zealand Corporate Presentation April 2024
Slide 2: Disclaimer and Forward-looking Statements
Disclaimer and Forward-looking Statements These presentation materials and the accompanying verbal presentation (together, the Presentation COMPETENT PERSONS STATEMENT Materials) have been prepared by Siren Gold Limited ACN 619 211 826 (Company). The information contained in this report relating to
Slide 3: Corporate Overview
Corporate Overview Share Price Performance (ASX:SNG) Capital Structure Current* $0.14 3M Shares on Issue 201.1m $0.12 2M Options / Performance Rights 30.0m $0.10 Share Price $0.065 $0.08 2M Market Capitalisation $13.1m $0.06 1M Cash (31 March 2024) $2.3m $0.04 $0.02 1M Enterprise Value $10.8m $0.00
Slide 4: Key Highlights: Reefton and Sams Creek
Key Highlights: Reefton and Sams Creek Reefton Goldfield • Reefton is a large historic NZ goldfield with previous gold production totalling 11 Moz from alluvial, open cut and 85 historic underground mines. • Dominant ~825km2 tenement package across the Reefton Goldfield SAMS • Siren’s current MRE of
Slide 5: Reefton & Sams Creek: Originally Part of the Lachlan Fold Belt
Reefton & Sams Creek: Originally Part of the Lachlan Fold Belt Accreted Belts with Orogenic Gold Southern Cross Gold Sams Creek Reefton 5 Siren Gold | www.sirengold.com.au
Slide 6: Commodities: Gold & Antimony price chart
Commodities: Gold & Antimony price chart • 4-year average price over USD~$1,800 per ounce • 4-year average price over USD~$12,000 per tonne • Has been hitting daily highs in recent times • Currently at USD $13,600 per tonne (11/4/24) • Currently at USD $2,342 per ounce (11/4/24) • Increasing demand
Slide 7: Reefton: Critical Mineral Potential - Antimony (Sb)
Reefton: Critical Mineral Potential - Antimony (Sb) Antimony is extracted from Stibnite, and occurs in association with gold. • Antimony is critical to the world production of solar panels, wind turbines, EV’s, energy storage batteries & armaments. Strategic Defence Applications • Antimony is a crit
Slide 8: World Antimony Production: Russia + China = 85%
Siren Gold: World Antimony Production (110 kt pa) Russia + China = 85% RUSSIA & TAJIKISTAN Russia Production (kt Sb): 20 % of World Total: 18% Tajikistan Production (kt Sb): 17 % of World Total: 14% CHINA Production (kt Sb): 60 REST OF WORLD % of World Total: 52% Bolivia Production (kt Sb): 2.5 % of
Slide 9: Shane Jones: Fast Track for Mining
Shane Jones: Fast Track for Mining Fast-Track Approvals Bill Resources Minister Shane Jones announced the Fast- “This bill is to provide a fast-track decision-making process Track Approvals Bill (7 March 2024) including a “major that facilitates the delivery of infrastructure and reset” of regulatio
Slide 10: REEFTON
REEFTON
Slide 11: Reefton Broader Area: Mines within 20km of Auld Creek
Reefton Broader Area: 18 Mines within 20km of Auld Creek Reefton Aerial View Federation Mining 20km 11 Siren Gold | www.sirengold.com.au
Slide 12: Reefton Hub: Infrastructure
Reefton Hub: Infrastructure • Processing hub to be centred around Auld Creek to feed various UG mines as they come online • Tenement holdings in good standing & under DoC stewardship • Sealed Roads in place • Hydro power readily available • Westport – easily accessible for concentrate shipment Siren
Slide 13: Reefton: 6 High-Grade Projects
Reefton: 6 High-Grade Projects Auld Creek – 132koz @ 7g/t AuEq (Outstanding Gold & Antimony) Big River – 100koz @ 4g/t Au Lyell – high-grade drill targets Alexander River -170koz @ 5g/t Au Supreme – 100koz @ 3g/t Au 13 Siren Gold | www.sirengold.com.au
Slide 14: Reefton: Auld Creek Gold + Antimony - MRE 132koz @ 7.1g/t AuEq
Reefton: Auld Creek Gold + Antimony - MRE 132koz @ 7.1g/t AuEq 4 high-grade Au-Sb shoots with 1km down dip depth extension potential Bonanza East 12.4m @ 33.4 g/t AuEq, including 6m @ 53.4 g/t AuEq (15/4/24) 14 Siren Gold | www.sirengold.com.au
Slide 15: Reefton: Alexander River MRE 170koz @ 5.0g/t Au
Reefton: Alexander River MRE 170koz @ 5.0g/t Au Sirens Alexander River (~8 km from Blackwater) Federations Snowy River Mine Development Shoot extends for +1.3kms down plunge Shoot extends for +2.0kms down plunge Significant high-grade gold mineralisation with proven depth extensions 15 Siren Gold |
Slide 16: SAMS CREEK
SAMS CREEK
Slide 17: Sams Creek Hub: Infrastructure
Sams Creek Hub: Infrastructure • Processing hub to be centred around Sams Creek to feed various UG mines as they come online • Tenement holdings in good standing & under DoC stewardship • Sealed Roads in place • Hydro power readily available • Takaka Port – easily accessible Siren Gold | www.sirengo
Slide 18: Sams Creek: JV Siren (81.9%) Oceana Gold (18.1%)
Sams Creek: JV Siren (81.9%) Oceana Gold (18.1%) SC19: 183m @ 2.46 g/t Au • Large Porphyry Gold Deposit with Huge Upside • 7km Long x 50m Wide & Open at Depth • MRE 824koz @ 2.83 g/t Au 23 Siren Gold | www.sirengold.com.au
Slide 19: Sams Creek: Main & Anvil Zones - Multi Million Ounce Potential
Sams Creek: Main & Anvil Zones - Multi Million Ounce Potential • Ionic Leach survey highlights the Main Zone MRE mineralisation and a second strong NNE trending anomaly at Anvil. • Drilling at Anvil Zone is planned to commence later this week and is considered a repeat of the Main Zone (824koz @ 2.8
Slide 20: VALUE PROPOSITION
VALUE PROPOSITION
Slide 21: Rapid Progress Since IPO: Zero to 1.33 Moz AuEq in <3 Years
Rapid Progress Since IPO: Zero to 1.33 Moz AuEq in <3 Years Global Resource Estimate at a 1.5g/t Au cut-off (100% basis) 26 Siren Gold | www.sirengold.com.au
Slide 22: Siren Gold: Peers
Siren Gold: Peers ASX Listed Peers NZ Peers 2.3B 2.6B MARKET CAP ($M AUD) 1 Code BGL SMI SPR SNG OGL SMI RUA - 1.33Moz Mineral 3.1Moz @ 2.2Moz @ 721koz @ 5Moz @ 2.2Moz @ 700koz @ @ 3.33 - Resource 9.9g/t Au 2.2g/t Au 5.8g/t Au 1.3g/t Au 2.2g/t Au 23g/t Au AuEq Share 3.32 0.20 1.95 1.32 0.59 0.05 1.3
Slide 23: Key Takeaways “Mining is Back”
Key Takeaways • Total Global Resource 1.3Moz @ 3.3g/t AuEq and growing • Reefton Project – Gold and Antimony potentially a world class asset, and contains a critical mineral in Antimony • Drilling underway to unlock value at both Reefton and Sams Creek • Current valuation of $10/oz of Resource a low
Slide 24: Thank you ASX:SNG
Thank you ASX:SNG T: (08) 6458 4200 Victor Rajasooriar E: admin@sirengold.com.au Managing Director & CEO W: www.sirengold.com.au