Siren Gold has just increased their Target JORC Resource by $A245million to $A300million by including Big River with today's announcement! They are targeting a very high grade 100,000Oz-125,000Oz of Gold at 7-9grams/tonne Gold.
In total (Alexander River and Big River combined) SIren Gold is now targeting between 689,000Oz at ~6.8g/t (worth today $A1.688Billion) and 1,405,000Oz at ~6.8g/t (worth today $A3.4Billion). Let alone what they find beneath and along strike with the current drill program which continues.
I asked this on the ICL thread. I'll ask it here again.
@metaljaune @bhowarth05 @Klue
Given there is so much high-grade gold, from the surface here, at Alexander River and Big RIver. Once the Maiden JORC is released, or as drilling confirms continued high grade gold along strike and depth.
Would a mid cap / large cap gold miner look at acquiring Siren Gold?
What are your thoughts on this?
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Ann: Maiden Exploration Target at Siren's Big River, page-5
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