Siren Gold Ltd · ASX:SNG
Siren Gold — Shareholder Meeting (May 2022)
19 slides from Siren Gold's shareholder meeting presentation, May 27, 2022
Slide 1: Reefton Goldfield, New Zealand AGM – 27 May 2022
Reefton Goldfield, New Zealand AGM – 27 May 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 CAPITAL STRUCTURE SHARE PRICE CHART Shares on Issue 95,925,475 0.5 12000 Options / Performance Rights 14,293,262 0.45 10000 Share P
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: Exploration Target – 500 to 700koz @ 5-7g/t Au
Exploration Target – 500 to 700koz @ 5-7g/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 ➢ 2.1m @ 18.0g/t Au ➢ Exploration Target of 500-700koz @ 5- 7g/t Au1 ➢ Targeting Maiden Resource Estimate in May 20
Slide 8: AXDDH084 – McVicar West shoot 2.5m @ 358g/t Au
AXDDH084 – McVicar West shoot 2.5m @ 358g/t Au 82g/t Au Stibnite vein Siren Gold – Exploration Presentation 8 www.sirengold.com.au
Slide 9: Potential Upside to 1.0 – 1.2Moz
Potential Upside to 1.0 – 1.2Moz ➢ Potential for shoots extend to 2kms down plunge to - 500mRL. ➢ 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, visible gold appears to be increa
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 – Stibnite Stockpile
Big River – Stibnite Stockpile massive Sb 53 g/t Au 82g/t Au Stibnite vein Sb vein 82 g/t Au Sb vein Siren Gold – Exploration Presentation 12 www.sirengold.com.au
Slide 13: 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 ➢ Exploration Target of 100-125koz @ 7-9g/t Au. Only 1 of 6 shoots drilled to date. ➢ Contains massive Stibnite veins – high grade gold ➢
Slide 14: 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 ➢ Exploration Target of 100-125koz @ 7-9g/t Au. Only 1 of 6 shoots drilled to date. ➢ Contains massive Stibnite veins – high grade gold ➢
Slide 15: St George – 4km+ Mineralised Zone
St George – 4km+ Mineralised Zone Sb vein Sb vein Siren Gold – Exploration Presentation 15 www.sirengold.com.au
Slide 16: Lyell – 5km Mineralised Zone
Lyell – 5km Mineralised Zone Arsenic Gold Siren Gold – Exploration Presentation 16 www.sirengold.com.au
Slide 17: Langdons – New permit application
Langdons – New permit application • The Langdons area contains a number of high-grade Au-Sb reefs ranging from 0.6 to 2.7m wide that were mined with a recovered grade of 60g/t Au. Early reported grades were up to 2,610g/t Au and 1,120g/t Ag. • Only one hole has been drilled in the area to date (in 1
Slide 18: Siren Gold Summary
Siren Gold Summary ➢ Alexander Exploration Target of 500-700koz @ 5-7g/t Au1 ➢ 2 drill rigs drilling continuously ➢ Maiden Resource being estimated ➢ Big River Exploration Target of 100-125koz @ 7-9g/t Au1 and upside potential of 250 to 500koz. ➢ 1 drill rigs drilling continuously ➢ Maiden Resource
Slide 19: 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 19 www.sirengold.com.au