Siren Gold Ltd · ASX:SNG
Siren Gold — Investor Presentation (May 2024)
24 slides from Siren Gold's investor presentation, May 10, 2024
Slide 1: ASX Announcement: Investor Presentation Clarification
ASX ANNOUNCEMENT 10 May 2024 Investor Presentation Clarification Siren Gold Limited (ASX: SNG) (Siren or the Company) refers to the investor presentation dated 8 May 2024 (Presentation). The Company notes that slide 7 refers to a gold equivalent and slide 27 sets out a peer comparison. The Company w
Slide 2: Exploring for Gold & Antimony in the historical gold fields of New Zealand
Exploring for Gold & Antimony in the historical gold fields of New Zealand Sydney Investor Presentation May 2024
Slide 3: 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 4: 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 $13.0m $0.06 1M Cash (31 March 2024) $2.3m $0.04 $0.02 1M Enterprise Value $10.7m $0.00
Slide 5: 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 11Moz from alluvial, open cut and 85 historic underground mines. • Dominant ~825km2 tenement package across the Reefton Goldfield • Siren’s current MRE of 444ko
Slide 6: 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 7: 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 $15,100 per tonne (6/5/24) • Currently at USD $2,312 per ounce (6/5/24) • Increasing demand fo
Slide 8: 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 9: 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 10: 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 11: Reefton
REEFTON
Slide 12: Reefton Broader Area: Mines within 20km of Auld Creek
Reefton Broader Area: 18 Mines within 20km of Auld Creek Reefton Neighbouring Gold Projects Operating Coal Mine CSE: RUA Operating Resource: drilling Coal Mine (MC~ $35M) Australian Super Invests ~ A$200M Resource: ~ 700koz ASX: SNG 444koz @ 3.8g/t Au, 8.7kt Sb (MC ~ $12M) Federation Mining 20km 11
Slide 13: 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 14: Reefton: 6 High-Grade Projects
Reefton: 6 High-Grade Projects Auld Creek – 65koz @ 3.5g/t Au with 8.7kt @ 1.5% Sb (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 15: Reefton: Auld Creek Gold + Antimony MRE
Reefton: Auld Creek Gold + Antimony - MRE 65koz @ 3.5g/t Au + 8.7kt Sb Fraternal Inferred Resource 65koz @ 3.5g/t Au, 8.7kt Sb @ 1.5% 4 high-grade Au-Sb shoots with 1km down dip depth extension potential Bonanza East 22.2m @ 7.2g/t Au and 0.3% Sb (7/5/24) 14 Siren Gold | www.sirengold.com.au
Slide 16: 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 17: Sams Creek
SAMS CREEK
Slide 18: 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 19: 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 20: 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 underway and is considered a repeat of the Main Zone (824koz @ 2.83 g/t Au) mineralisation. •
Slide 21: Value Proposition
VALUE PROPOSITION
Slide 22: Rapid Progress Since IPO: Zero to 1.3Moz Au + 8.7kt Sb in <3 Years
Rapid Progress Since IPO: Zero to 1.3Moz Au + 8.7kt Sb in <3 Years Global Resource Estimate at a 1.5g/t Au cut-off (100% basis) 26 Siren Gold | www.sirengold.com.au
Slide 23: Key Takeaways: Mining is Back
Key Takeaways • Total Global Resource 1.3Moz @ 3.1g/t Au with 8.7kt @ 1.5% Sb 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/o
Slide 24: Thank you
Thank you ASX:SNG T: (08) 6458 4200 Victor Rajasooriar E: admin@sirengold.com.au Managing Director & CEO W: www.sirengold.com.au