SNG 7.59% 8.5¢ siren gold limited

Ann: High Grade Drillhole Intersections at Alexander River, page-2

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    Brian Rodan and Paul Angus continue to find more high grade visible gold at Alexander River as they drill it out and bank that high grade near surface gold for the Maiden High Grade JORC Resource, structurally controlled within the quartz lodes and shoots. As well as halo gold in surrounding rock of these shoots and lodes.

    The ultimate outcome from this drilling program by Siren Gold is to continually bank high grade gold for the company's Maiden High Grade JORC Resource, with 500,000-750,000Oz (worth today $A1.2Billion and $A1.8Billion) @ 6.6gpt targeted for Alexander River and an additional 100,000-125,000Oz at an even higher 7-9gpt (worth today between $A240million and $300million).

    Siren Gold's current market cap of only $28million at 34c will see a significant rerating once the Maiden JORC Resource is released with subsequent multiple JORC Resource Upgrades.

    The Stibnite is enriching the gold, where multiple drilling results are confirming high grade to very high grade gold.

    With AXDD063 returning a bonanza grade 43.1 g/t gold for 0.7metres.

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    The announcement confirms that the gold grades are getting richer at depth. With the McVicar West shoot now extending at least 250metres, "with the best intersection to date open at depth."



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