Ann: Another high grade intersection at Alexander River, page-3

We need to remember that the legendary Swan Zone at Fosterville is made up of a collection of 30gt, 50gt, 100gt, 500gt, 1000gt gold hits in a small 150m-200m zone.

Highlighted in Magenta below. This small zone in magenta contained 3Million Ounces of Gold (worth $A7.5Billion today) at 28gt head grade.




Today's announcement by Siren states :"AX85 intersected at McVicar shoot 25m below AX84(2.5m at 358.2g/t(which included the 1,460gt intercept)."

Today's bonanza grade gold intercept in drill hole AX85 of 2.1metres at 18g/t gold (which includes 32.1g/t) is only 25metres below from the AX84 bonanza+ intercept.

IMHO, if they continue to hit more 30gt, 50gt, 100gt, 500gt gold hits in this small area, Rodan and Angus are proving up a Swan Zone 2.0. "The Kiwi Bird Zone"




Both the bonanza+ grade hit AX84 and bonanza grade AX85 were drilled in this area highlighted by the blue box.




AN estimated JORC Resource of around 500,000-700,000Oz at 5-7gt gold from the area above 200metres from surface is expected this month. This alone is worth between $A1.2Billion to $A1.68Billion.

Once the JORC is released, then the next steps of funding for the underground mine can commence, as well as for the gold processing plant. Once the scoping studies are completed, which should be soon also.

A lot of company making announcements expected at any time and hopefully a few nice jewelry box intercepts in and around that high grade zone on the McVicar gold lode.