SNG 6.38% 10.0¢ siren gold limited

Ann: Another high grade intersection at Alexander River, page-22

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  1. 1,476 Posts.
    lightbulb Created with Sketch. 826
    100% agree with you there XP.

    It's going to need a lot more drilling deeper to hit those massive stibnite high grade gold ores and the free gold between 800-1400m to lift the JORC Resource over 1Million Oz at 5gt. It could be another 12months before they have enough- drill core assays to achieve that.

    Siren Gold Pegs High-Grade Langdons Reef At Reefton (theassay.com)


    One thing to think about in the meantime is this week's announcement where Siren acquired Langdons Reef.

    This new tenement is basically virgin ground.

    Only 1,586/Oz were mined pre 1936. There was another period of small amount of shallow mining in the 1950s, but most of that high grade and jewelry box gold is still in the ground today.

    Good read below in the assay. Hopefully, they throw a drill rig or two in there this year.


    SNG-The-Assay-Langdons-1.png
    SNG-The-Assay-Langdons-3.png
    SNG-The-Assay-Langdons-2.png
 
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