With the drill rigs working 24hours per day 7 days per week between now and end of April 2022 when the Maiden JORC is expected to be released, we should expect to see more high grade visible gold judging by the photos of all the massive stibnite at Alexander River and Big River left behind by the old timers as they mined in 34g/t bonanza grade gold for decades.
Alexander River JORC - Upside Potential of between 1Million Oz to 1.2Million Oz (worth today bw $A2.65Billion and $A3.18Billion) with an AISC of only around $A900-$A1,000/Oz at those grades.
You can clearly see the litholigy similarities between Siren Gold's Alexander RIver cores of high grade quartz gold and stibnite/antimony (grey veins) and New Found Gold's Queensway in Canada.
Below you can clearly see the tailing from the old timers where massive stibnite and 82g/t gold rock chips near an old quartz crushing battery.
Once the Maiden JORC is released next month, we'll see a rerating of Siren Gold, especially if they break above the 1Million Ounces at 6-9g/t of high grade gold with ongoing JORC Upgrades in the coming months.
Let alone if they release a Maiden JORC of over 1Million Oz.
Then as more high-grade visible gold cores in stibnite are released in future announcements, this will validate an extremely strong cashflow underground, low capex gold mine is coming to the Reefton Goldfields very soon.
