Slide 1: Reefton Goldfield, New Zealand Exploration Update
For personal use only Reefton Goldfield, New Zealand Exploration Update – 20 August 2021
Slide 2: Disclaimer and Forward-looking Statements
Disclaimer and Forward-looking Statements For personal use only Siren Gold – Investor Presentation 2 www.sirengold.com.au
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 • Historic Underground production 2Moz @ 16g/t Au. OGL’s Globe open pit produced 700koz and Federation started developing Blackwater U/G mine expected production 0.7-1.0Moz. Alluvial gold production estimated at 8Moz. His
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: Geology
Alexander River - Pre IPO For personal use only Geology • 1.2km outcropping mineralised zone, comprising discontinuous quartz reefs surrounded by silicified acicular arsenopyrite mineralised sandstone and siltstone. • Mineralised zone divided into Bull, Fimiston, McVicar, Bruno, McKay and Loftus pro
Slide 9: Diamond Drilling
Alexander River - Pre IPO For personal use only Diamond Drilling • Drilling completed by Macraes Mining Company Limited (MMCL) predecessor to OceanaGold Ltd in the 1990’s and Kent Exploration in 2011. • MMCL refurbished the lowest level (L6) of the McVicar mine and drilled three holes from undergrou
Slide 10: Siren Gold Exploration Post IPO: Work Completed
Alexander River - Siren Gold Exploration 9 Months Post IPO For personal use only Work Completed • Mineralisation and structural mapping over mineralised zone and 1.5kms to the north. • Extensive soil sample to the NE, NW and SE. • Channel sampling of the outcropping Loftus-McKay reef. • 52 Diamond d
Slide 11: Siren Gold Exploration Post IPO
Alexander River - Siren Gold Exploration Post IPO For personal use only 8m @ 4.1g/t Au 23.7g/t Au 8.9g/t Au Siren Gold – Investor Presentation 11 www.sirengold.com.au
Slide 12: Drilling and Mineralised Shoots
Alexander River - Siren Gold Exploration Post IPO For personal use only Drilling • Aim to confirm trench results and better define the orientation of Bull, McVicar, Bruno and Loftus McKay shoots. • Drill tested the 1.2km strike on 100m centres. • 52 holes for 6,122.4m completed to date. Mineralised
Slide 13: Bull Shoot
Alexander River - Siren Gold Exploration Post IPO For personal use only Bull Shoot • Bull reef dips moderately to SE with the Bull shoot approximately 75m high but not well defined. • The outcrop sampled by CRA and returned 4.5m @ 12.9g/t Au. Drillholes AX20 and AX21 drilled under the outcrop but di
Slide 14: McVicar Shoot
Alexander River - Siren Gold Exploration Post IPO For personal use only McVicar Shoot • McVicar reef dips steeply to SE with the Bull shoot approximately 75m high based on the underground mine workings. • Historical production based on a 1-2m thick quartz reef that averaged 26.4 g/t. The disseminate
Slide 15: 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 15 www.sirengold.com.au
Slide 16: Loftus McKay Shoot
Alexander River - Siren Gold Exploration Post IPO For personal use only Loftus McKay Shoot • The Loftus-Mckay reef dips steeply to NW and the shoot plunges 45o NE. Based on the shoot outcrop and drillholes intersections it is estimated to be around 200m high. • Channel samples • 15.0m @ 7.4 g/t Au •
Slide 17: Loftus McKay Sections
Alexander River – Loftus McKay Sections For personal use only Siren Gold – Investor Presentation 17 www.sirengold.com.au
Slide 18: 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 18 www.sirengold.com.au
Slide 19: AXDDH045 Core (Loftus McKay)
Alexander River – AXDDH045 Core (Loftus McKay) For personal use only AXDDH045 (2m @ 26.8 g/t Au) Visible gold visible Au 2.0 g/t Au 0.1 g/t Au 0.03 g/t Au acicular arsenopyrite 15.0 g/t Au Visible gold 50.6 g/t Au visible Au Siren Gold – Investor Presentation 19 www.sirengold.com.au
Slide 20: AXDDH045 Core: Visible Gold in core
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: McVicar West Shoot
Alexander River - Siren Gold Exploration Post IPO For personal use only McVicar West Shoot • The McVicar West reef dips steeply to NW and the shoot is interpreted to plunge 45o NE the same as the Loftus-McKay shoot. • Mapping by Max Gage in 1942 showed that the east dipping McVicar reef was lost bet
Slide 22: AXDDH049 Core (McVicar West)
Alexander River – AXDDH049 Core (McVicar West) For personal use only AXDDH049 (results awaited) Visible gold 15.3 g/t Au 1.2 g/t Au 1.0 g/t Au 15.4 g/t Au Visible Au 16.0 g/t Au Visible Au 0.2 g/t Au 12.8 g/t Au Siren Gold – Investor Presentation 22 www.sirengold.com.au
Slide 23: AXDDH055 Core (McVicar West)
Alexander River – AXDDH049 Core (McVicar West) For personal use only AXDDH055 (results awaited) Visible gold 15.3 g/t Au Visible gold Visible Au Visible gold Siren Gold – Investor Presentation 23 www.sirengold.com.au
Slide 24: AX6-3 Core
Alexander River – AXDDH049 Core (McVicar West) For personal use only AX6-3 Core Visible gold Visible Au Visible Au Siren Gold – Investor Presentation 24 www.sirengold.com.au
Slide 25: IP Resistivity Survey
Alexander River – IP Resistivity Survey For personal use only Siren Gold – Investor Presentation 25 www.sirengold.com.au
Slide 26: Structural Model
Alexander River – Structural Model For personal use only 0.01g/t Au Siren Gold – Investor Presentation 26 www.sirengold.com.au
Slide 27: Compared to Fosterville
Alexander River – Compared to Fosterville For personal use only McVicar reef? 0.01g/t Au Siren Gold – Investor Presentation 27 www.sirengold.com.au
Slide 28: Exploration Target – to 700koz @ 5-7g/t Au
Exploration Target – 500 to 700koz @ 5-7g/t Au Bull Shoot For personal use only Drillholes/ Trenches Meters Au (g/t) AX16 8.0 2.6 AX18 8.0 2.9 AX33 5.2 5.3 Trench A 4.5 12.9 Weighted Average 6.4 5.0 Loftus McKay Shoot Drillholes/ Trenches Meters Au (g/t) AX30 1.8 6.7 AX31 2.7 2.5 AX34 3.1 10.9 AX35
Slide 29: Exploration Target – to 700koz @ 5-7g/t Au
Exploration Target – 500 to 700koz @ 5-7g/t Au For personal use only Thickness Grade Shoot Height Shoot Plunge Tonnes Ounces Shoot (m) (g/t Au) (m) (m) (Mt) (Koz) Bull 6.4 5.0 75 500 0.6 102 McVicar Bruno Loftus McKay 4.6 7.1 200 500 1.2 276 McVicar West 3.8 6.6 200 500 1.0 211 Total 4.7 6.5 2.8 589
Slide 30: Compared to Blackwater
Alexander River – Compared to Blackwater For personal use only Alexander River Blackwater 0.01g/t Au 2.5kms 2.4km Siren Gold – Investor Presentation 30 www.sirengold.com.au
Slide 31: Compared to Fosterville
Alexander River – Compared to Fosterville For personal use only Alexander River Fosterville 0.01g/t Au 2.5kms Siren Gold – Investor Presentation 31 www.sirengold.com.au
Slide 32: Cross Section cf to Fosterville
Alexander River – Cross Section cf to Fosterville For personal use only Fosterville 0.01g/t Au Alexander Siren Gold – Investor Presentation 32 www.sirengold.com.au
Slide 33: Exploration Target
Alexander River – Exploration Target For personal use only Mineral Resource • The Company has announced an Exploration Target for Alexander River of 500koz-700koz of gold at 5 to 7 g/t. This includes the Loftus McKay, Bull and McVicar West shoots projected to 500m down plunge. • To convert the Explo
Slide 34: 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 35: Big River Mine – Pre IPO
Big River Mine – Pre IPO For personal use only Hole ID Interval (m) Grade (g/t) BR03 2.0 12.0 BR04 20.0 8.1 including 6.6 21.0 BR09 3.0 18.5 BR11 2.5 8.5 BR12 4.0 4.5 Siren Gold – Investor Presentation 35 www.sirengold.com.au
Slide 36: Big River Mine – Pre IPO vs Current
Big River Mine –Pre IPO vs Current For personal use only Siren Gold – Investor Presentation 36 www.sirengold.com.au
Slide 37: Big River Mine – Shoot BRDDH027
Big River Mine – Shoot 4 BRDDH027 (6m @ 5.1g/t Au) For personal use only Siren Gold – Investor Presentation 37 www.sirengold.com.au
Slide 38: Big River Mine – Shoot BRDDH034
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 38 www.sirengold.com.au
Slide 39: Big River Mine – A2 Shoot
Big River Mine – A2 Shoot For personal use only Siren Gold – Investor Presentation 39 www.sirengold.com.au
Slide 40: Big River Mine – A2 Shoot
Big River Mine – A2 Shoot For personal use only Siren Gold – Investor Presentation 40 www.sirengold.com.au
Slide 41: Big River - 3km+ Mineralised Zone / Ultrafine Soil Results
Big River - 3km+ Mineralised Zone / Ultrafine Soil Results For personal use only Siren Gold – Investor Presentation 41 www.sirengold.com.au
Slide 42: 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). Reefton • 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. • T
Slide 43: 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 Lyell of 550m Fault and produced 80,514oz gold @ 17g/t recovered between 1874 -1911 (Alpine mine at bottom of ima
Slide 44: 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 Siren Gold – Investor Presentation 44 www.sirengold.com.au
Slide 45: Buried Targets – Seeing through the cover
Buried Targets – Seeing through the cover For personal use only Siren Gold – Investor Presentation 45 www.sirengold.com.au
Slide 46: Buried Targets – Seeing through the cover
Buried Targets – Seeing through the cover For personal use only Siren Gold – Investor Presentation 46 www.sirengold.com.au
Slide 47: 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 47 www.sirengold.com.au
Slide 48: 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