Siren Gold Ltd · ASX:SNG
Siren Gold — Investor Presentation (December 2024)
36 slides from Siren Gold's investor presentation, December 2024
Slide 1: High Grade Gold & Antimony in New Zealand
High Grade Gold & Antimony in New Zealand Investor Presentation December 2024
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 COMPETENT PERSONS STATEMENT - Siren prepared by Siren Gold Limited ACN 619 211 826 (Company). The information contained in this report rela
Slide 3: New Siren Gold
New Siren Gold Strengthened balance sheet • Over $16.5M in cash and shares in RUA with no debt HAURAKI Sams Creek Gold Project (81.9% Siren) (~26.1%) • Joint Venture with New Zealand’s largest gold miner, OceanaGold (TSX:OGC) holding (18.1%)1 • The porphyry dyke system is mapped over 7km along strik
Slide 4: Corporate Overview
Corporate Overview Share Price Performance (ASX:SNG) Capital Structure Shares outstanding 217.2m Volume Adj Close $0.14 16.0 Options outstanding1 85.0m $0.12 14.0 Performance rights 13.0m Fully diluted shares outstanding 315.2m Volume (millions) 12.0 Share Price (A$) $0.10 10.0 Share Price (as of 29
Slide 5: Sams Creek Project
SAMS CREEK PROJECT 5
Slide 6: Sams Creek: 824koz and growing
Sams Creek: 824koz and growing • JV Siren (81.9%) Oceana Gold (18.1%)1 • Located outside the National Park boundary • Access Agreement with Departmentof Conservation in place • Hydro power available • Takaka Port accessible Mineral Resource Estimate (MRE) at a 1.5g/t Au cut-off (100% basis) Category
Slide 7: Sams Creek: 7km strike - Resource of 824koz @ 2.8g/t Au over 2kms
Sams Creek: 7km strike - Resource of 824koz @ 2.8g/t Au over 2kms SC19: 183m @ 2.46 g/t Au 7 Siren Gold | www.sirengold.com.au
Slide 8: Two Targets: Dyke (Au) and Porphyry Intrusions (Au-Cu-REE)
Two Targets: Dyke (Au) and Porphyry Intrusions (Au-Cu-REE) Dyke has Significant Exploration Upside - 7km Long x 60m Wide & Open at Depth 8 Siren Gold | www.sirengold.com.au
Slide 9: Sams Creek: Circular Structures and As soil geochemistry
Sams Creek: Circular Structures and As soil geochemistry LiDAR As Soil Geochemistry 9 Siren Gold | www.sirengold.com.au
Slide 10: Sams Creek: Ionic Leach Survey – Au-As-Zn, Cu, LREE & HREE
Sams Creek: Ionic Leach Survey – Au-As-Zn, Cu, LREE & HREE MRE 824koz @ 2.8g/t Au Au-As-Zn Cu LREE (La, Ce, Pr, Nd) HREE (Sm, Eu, Gd, Th) 10 Siren Gold | www.sirengold.com.au
Slide 11: Sams Creek: Dyke REE Analysis
Sams Creek: Dyke REE Analysis 11 Siren Gold | www.sirengold.com.au
Slide 12: Sams Creek: Main & Anvil Zone – Dyke & Porphyry Targets
Sams Creek: Main & Anvil Zone – Dyke & Porphyry Targets Dyke Targets (D) D • IL highlights the Dyke MRE -strong Au-As anomaly over 1.1 kms D D • Remaining dyke have the same Au-As D D signature and close to outcrop. Porphyry Targets (P) • These targets have a strong Au-Cu-REE signature. P P P • Loca
Slide 13: Sams Creek: Potential Porphyry Intrusion?
Sams Creek: Potential Porphyry Intrusion? Planned Program • Surface Mapping above IL porphyry targets- ~ 2km wide evidence of alteration sulphide veining. • Mineralogical Assessment of the dyke to see if any changes down dip and/or along strike. • Peer review to assess Porphyry targets • Scoping Stu
Slide 14: Langdons Project
LANGDONS PROJECT 14
Slide 15: Langdons: Antimony & Gold
Langdons: Antimony & Gold • Langdons is located in the Paporoa goldfield, ~50km SW of Reefton. • High-grade Au-Sb reefs were mined in 1952 with historical grades up to 2,610g/t Au and 1,120g/t Ag. • Surface rock samples up to 506g/t gold and 9.3% stibnite. • Anomalous gold, stibnite and arsenic soil
Slide 16: Queen Charlotte Project
QUEEN CHARLOTTE PROJECT 16
Slide 17: Queen Charlotte: Antimony & Gold
Queen Charlotte: Antimony & Gold Siren has applied for an exploration permit over the historical Endeavour antimony mine located in Marlborough, 120 km east of the Sams Creek Project Highlights of the Endeavour Mine • Historically New Zealand’s largest antimony producer. • ~3,000t of stibnite ore (a
Slide 18: Exciting Time to Invest in Siren
Exciting Time to Invest in Siren Large Resource Pursuing High- Well Funded for with Growth Significant Exposure Grade Gold & Tremendous Value Growth Potential at Sams to Reefton Project Antimony Opportunity Creek Opportunities • ~A$4m in cash1 • JORC MRE of 824koz @ 2.82 • ~26% ownership of a larger
Slide 19: ASX:SNG
ASX:SNG T: (08) 6458 4200 E: admin@sirengold.com.au W: www.sirengold.com.au 19
Slide 20: Reefton Gold Field & Hauraki Goldfield
Appendix REEFTON GOLD FIELD & HAURAKI GOLDFIELD (~26.1% equity interest in RUA Gold) 20
Slide 21: Exploration in Two Historic High Grade Gold Districts
Exploration in Two Historic High Grade Gold Districts HAURAKI GOLDFIELD: REEFTON GOLDFIELD: High-grade Epithermal Gold High-grade Orogenic Gold HISTORIC PRODUCTION HISTORIC PRODUCTION 15M oz. Au 12M oz. Au 60M oz. Ag HISTORIC GRADE HISTORIC GRADE 9-50 g/t Au 15-30 g/t Au Refer to RUA Gold Investor P
Slide 22: Reefton Goldfield Geology, History, and Potential
REEFTON GOLDFIELD Geology, History, and Potential. GEOLOGY Orogenic gold deposits are among the highest gold-grade deposits in the world HISTORY The Reefton Goldfield has produced 2 Moz gold at 9-50 g/t Au POTENTIAL Discovered high-grade Pactolus vein; drilling shows significant intercepts. Refer to
Slide 23: Reefton Goldfield: District Scale Land Package
Reefton Goldfield: District Scale Land Package RUA GOLD HISTORIC PRODUCTION: 965k oz. @ 25 g/t Au PROVEN PROGRESS ACTIVE NEIGHBOURING MINE LAND SIZE ~125k ha. 5000+ Federation Mining +US$150M raised meters of drilling US$30M purchase SCALE from OceanaGold 95% +700k oz. inferred resource Blackw
Slide 24: Actively Advancing a District-Scale Discovery
Actively Advancing a District-Scale Discovery Refer to RUA Gold Investor Presentation (PowerPoint Presentation) ✓ Development of the Blackwater Mine (Snowy River Project) demonstrates continuity✓ Blackwater provides a blueprint for the RUA combined land of gold mineralization to 1,500m and potential
Slide 25: Near Mine Drilling Program: Murray Creek
Near Mine Drilling Program: Murray Creek Level 1 Level 2 Level 3 Level 4 Depth of Historical Mining Drillhole 1 Drillhole 2 Drill hole 1 hit historic mines that went deeper than documented. Drill hole 2 intersected 34.1 g/t over 0.2m. Refer to RUA Gold Investor Presentation (PowerPoint Presentation)
Slide 26: Hauraki Goldfield A Cornerstone of New Zealand Gold Mining
HAURAKI GOLDFIELD A Cornerstone of New Zealand Gold Mining GEOLOGY Epithermal gold deposits are among the highest gold grade producers in the world HISTORY The Hauraki Goldfield has produced 15M+ oz gold and 60M+ oz silver PRODUCTION Neighboring mines are already producing significant amounts of hig
Slide 27: Hauraki Goldfields
Hauraki Goldfields ¹Source: OceanaGold R & R Annual Statement, February 21, 2024 Refer to RUA Gold Investor Presentation (PowerPoint Presentation) 27 Siren Gold | www.sirengold.com.au
Slide 28: Hauraki Goldfield
Hauraki Goldfield RUA GOLD’s recent acquisition - Glamorgan HAURAKI’S HIGH-GRADE EPITHERMAL GOLDFIELD • ~50 Epithermal gold – silver deposits • Mined from 1860’s • >15Moz gold and >60Moz silver produced RUA GOLD RECENT ACQUISITION • Untested 3.8km long zone of silicification, veining and alteration
Slide 29: Glamorgan: Classic Features of Major Epithermal Au/Ag System
Glamorgan: Classic Features of Major Epithermal Au/Ag System 3.8KM ACTIVE NEIGHBOURING MINE Wharekirauponga (WKP) Untested zone of silicification, veining and alteration 2.8KM from Glamorgan Up to 1.0Moz @ 15.9 g/t Au(Ind) 95 g/t Au 0.4Moz @9g/t Au (inf)1 With potential for >10Moz Rock samples on
Slide 30: Commodities Outlook
COMMODITIES OUTLOOK 30
Slide 31: Commodities: Gold & Antimony price chart
Commodities: Gold & Antimony price chart Average Quarterly Gold Price (USD$/Ounce) Average Quarterly Antimony Price (USD$/Tonne) $3,000 $40,000 $35,000 $2,500 $30,000 $2,000 $25,000 $1,500 $20,000 $1,000 $15,000 $10,000 $500 $5,000 $0 $- 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3
Slide 32: Antimony: A Critical Mineral
Antimony: A Critical Mineral 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 critical element in lithium-i
Slide 33: Supply: World Antimony Production (110 kt pa) Russia + China = 85%
Supply: World Antimony Production (110 kt pa) Russia + China = 85% RUSSIA & TAJIKISTAN Russia Production: 20kt Sb % of World Total: 18% Tajikistan Production: 17kt Sb % of World Total: 14% CHINA Production: 60kt Sb REST OF WORLD % of World Total: 52% Bolivia Production: 2.5kt Sb % of World Total: 2%
Slide 34: Resource and Reserves
RESOURCE AND RESERVES 34
Slide 35: Resource and Reserves
Resource and Reserves Siren Gold Global Mineral Resource Estimate (MRE) at a 1.5g/t Au cut-off (100% basis) Project Status Cut-off (g/t) Tonnes Mt Au (g/t) Ounces koz Sams Creek1 Indicated 1.5 3.29 2.80 295.6 Sams Creek1 Inferred 1.5 5.81 2.83 528.8 Indicated & Total 1.5 9.10 2.81 824.4 Inferred Ree
Slide 36: ASX:SNG
ASX:SNG T: (08) 6458 4200 E: admin@sirengold.com.au W: www.sirengold.com.au