The gold grades continue to rise significantly with depth, which is what Brian Rodan and Paul Angus have been saying from the start of this exploration program.
This significant visible gold intersected in the drill core below was from the deepest drill hole to date at Alexander River.... this is very important.
This is probably the most important statement of today's announcement:
"This is the deepest hole drilled at Alexander River to date (Figure 4) and looks very similar to gold in drill core from the Fosterville (Victoria, Australia) and the Queensway (Newfoundland, Canada) epizonal gold deposits (Figure 3)."
This area is the jewelry box of bonanza grade gold sits at Alexander River in the same depth and lithology containing stibnite/antimony as Fosterville (Swan Zone), this is where Siren will drill once they have received the govt approvals for underground exploration and drilling.
$7.5Billion worth of gold at an ave grade of 28g/t at Fosterville!
Watch the videos below to understand more about Fosterville and Queensway and apply it to Alexander River and Big RIver, they are all sister deposits formed together at the same time.
That is what made Fosterville the most profitable gold mine in the world for the last 6 years, the Swan Zone.
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