Siren Gold Ltd · ASX:SNG
Siren Gold — Noosa Mining Conference July 2022
16 slides from Siren Gold's conference presentation, July 2022
Slide 1: Reefton Goldfield, New Zealand
Reefton Goldfield, New Zealand Noosa Mining - July 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 Condamine Resources Limited ACN 619 211 826 (to be renamed Siren Gold Limited) (Company). By receiving the
Slide 3: Board of Directors
Board of Directors Brian Rodan FAusIMM Paul Angus BSC HonS Geology MAusIMM Keith Murray Bacc CAANZ Managing Director Executive Technical Director Non-Executive Director Siren Gold – Exploration Presentation 3 www.sirengold.com.au
Slide 4: 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 4 www.sirengold.com.au
Slide 5: 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 6: 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 7: 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 8: Maiden Inferred Resource Estimate - 131koz @ 4.1g/t Au
Maiden Inferred Resource Estimate - 131koz @ 4.1g/t Au Tonnes Grade (g/t Ounces Shoot % MRE ➢ McVicar West contains 50% of the MRE - 65koz (kt) Au) (koz) @ 5.3 g/t Au at a 35g/t Top-Cut. AX84 2.5m @ McVicar East 14 6.5 3 2.3 Bull East 355 2.1 24 18.5 358g/t including 0.6m @ 1,460g/t cut to 35g/t Bru
Slide 9: 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 10: 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 10 www.sirengold.com.au
Slide 11: Alexander River compared to Fosterville
Alexander River compared to Fosterville Siren Gold – Exploration Presentation 11 www.sirengold.com.au
Slide 12: 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 13: Sams Creek– Mineral Resource 588koz @ 2.4g/t Au
Sams Creek– Mineral Resource 588koz @ 2.4g/t Au Riordans Barrons Flat • A significant JORC (2012) Mineral Resource of 7.5Mt @ 2.43g/t Au for 588koz of contained gold, with a significant potential for expansion. • Extensive gold mineralisation hosted within a 40m thick porphyry dyke that extends for
Slide 14: Sams Creek– Mineral Resource 588koz @ 2.4g/t Au
Sams Creek– Mineral Resource 588koz @ 2.4g/t Au Riordans Barrons Flat 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 Siren Gold – Exploration Presentation Note 1: The potential quantit
Slide 15: Siren Gold Summary - Next Steps
Siren Gold Summary - Next Steps Siren’s Mineral Resource Estimate ➢ Drilling over the next 12 months will focus on: ➢ Alexander River Project Tonnes (kt) Grade (g/t Ounces Au) (koz) ➢ Big River ➢ Sams Creek. Alexander River 1,000 4.1 131 Sams Creek 6,142 2.4 482* ➢ Reconnaissance exploration initial
Slide 16: 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 16 www.sirengold.com.au