SNG 1.41% 7.2¢ siren gold limited

You can't blame the company for the share price falling. None of...

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  1. 1,476 Posts.
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    You can't blame the company for the share price falling.

    None of the Major Shareholders are selling, these sellers must be small timers rolling in and out of stocks.

    Siren has only been listed for 6 months, yet has confirmed thickening gold shoots at depth at Alexander River, with over 2,575metres of diamond drilling already completed. They have also confirmed mineralisation extends 500metres along strike and are now confirming it extends 1,200metres.


    "Diamond Drilling
    Diamond drilling commenced at the Alexander River Project in September 2020 with 30 holes completed for a
    total of 2,575m (Table 1). Results have been received for 24 holes drilled from 13 pads (Table 2)"


    While they recently mobilised a larger drill rig to drill 350-400metres deep into Alexander River.

    "• A second larger LF70 rig mobilised to target down to 350 - 400m."


    They have also commenced Stage 2 Drilling. Infill fan drilling with 50metre spacing


    Stage 2 Drilling
    • Deeper drilling to intersect mineralised shoots 100 -
    250m below surface.
    • 50m spaced shallow infill holes around to better
    define the mineralised shoots.

    Progress to Date
    • Stage 1 : 30 drillholes for 2,575m
    • Stage 2 : Commence this week

    Let alone identified new targets under thin till south of Big River and over 800metres of drilling at Big River.

    Paul Angus continues to find high grade, structurally controlled gold at surface and near surface at Alexander River and Big River.
 
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Last
7.2¢
Change
0.001(1.41%)
Mkt cap ! $14.91M
Open High Low Value Volume
7.2¢ 7.2¢ 7.1¢ $3.016K 42.35K

Buyers (Bids)

No. Vol. Price($)
1 137 7.2¢
 

Sellers (Offers)

Price($) Vol. No.
7.4¢ 269243 1
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Last trade - 15.21pm 13/11/2024 (20 minute delay) ?
SNG (ASX) Chart
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