I'll stick to ~500,000Oz at 5-6grams/tonne $A1.16Billion of high grade gold starting from surface. We should get above 500,000Oz, anything above that would be a significant bonus.
You can see below, that Alexander RIver has only really been drilled down 300metres with only recently drilling to 500metres.
Blackwater next door is already at 1,500metres deep and they are extending the decline to 2,000metres where the high grade gold continues at depth.
Once this Maiden JORC Resource is released and an insitu value of the gold formulated, then that is a significant milestone that will be the basis for any debt facility for the construction of the mine and mining plans/applications can commence.
It is a significant milestone for Siren Gold.
I'll stick to ~500,000Oz at 5-6grams/tonne $A1.16Billion of high...
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