Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

1. Maiden High Grade Gold JORC Resource due May 2022 being completed by Entech Pty Ltd.
2. Drill rig that can drill down 1,200metres into the stibnite enriched high grade gold now active at Alexander River(this is what was used to hit the 358.2g/t gold (which included the 1,460g/t No.1 Intercept 2 weeks ago only 500m from surface)
More drilling to come
3. Two Geological events created the famous Swan Zone at Fosterville and Fosterville Gold deposit, the same two events created Alexander RIver and Big River-Lyell.


The 1,460g/t bonanza+ drilling result was found at a shallow, only 500metres from surface. As they continue to drill deeper (down 1,200m), we should expect to see more bonanza+ gold grades.

The more bonanza+ gold they find, the faster and High Grade Gold JORC Resource will grow and at a higher grade.



Two separate geological events created the Fosterville Swan zone and Fosterville orogenic gold deposit(s), exactly the same two geological events that occurred at Alexander RIver and Big River.



If Siren Gold is already hitting 1,460g/t gold only 500metres from surface, I can't wait to see the grades and intercepts at these deeper richer zones.

Remember, Kirkland Lake's Fosterville has been the most profitable gold mine in the world for the last 6 years running because of the head grade of gold.

Fosterville has an AISC of only $US312/Oz when you have a gold price ~$US1,800/Oz-$US2,000/Oz these types of deposits generate enormous cashflows and profit margin.




The 15.15metre intercept at 1.429g/t gold in 2017 when they first discovered the Swan Zone at Fosterville was only 345metres from the surface, in the Stibnite.

So the drill rig at Alexander River (1,200metre depth capacity) definitely has the capability now to hit these bonanza+ grade zones to provide a strong boost to the Maiden JORC Resource in size and grade.

Good Luck Brian and Paul, let's find Alexander RIver's own Swan Zone, surely they will call it the "Kiwi bird Zone if they hit it"