SNG siren gold limited
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Bellevue Gold ($800million market cap) is probably a closer...

  1. Goldhunter122
    1,476 Posts.
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    14/09/21
    07:21
    Post #: 56036375
    Bellevue Gold ($800million market cap) is probably a closer comparison to SNG's Alexander RIver. (Remember SNG has another 7 gold deposits)

    Bellevue Gold | ASX:BGL | Australia | Gold Mine | Gold

    They have 3million Oz at 9.9g/t, while Brian Rodan and Paul Angus are targeting between 589,000Oz (down 500metres from surface) and 1.128million Oz (down 1000metres from surface) at 6.6g/t gold, for now.

    Both Blackwater and Fosterville deposits have high grade gold (actually it gets higher grade the deeper you go) down 2,500metres or more. So you would expect Siren's target resource and JORC Resource to grow to 2million (worth $A4.9Billion) to 2.5million(worth $A6.125Billion) once the decline is completed and they start drilling 2,000metres deep at AR.

    SNG-exploration-target-1-12million-Oz.png

    Both Blackwater and Fosterville deposits have high-grade gold(actually it gets higher grade the deeper you go) down 2,500metres or more.

    sng-depth.jpg



    AR-cf-Blackwater.png

    AR-cf-fostervill1.png


    Last edited by Goldhunter122: 14/09/21
    SNG Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
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