SNG siren gold limited
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Ann: Reefton Goldfield Exploration Update Presentation, page-20

  1. Goldhunter122
    1,476 Posts.
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    22/08/21
    16:45
    Post #: 55479838
    The target Maiden JORC Gold Resource is from Siren's latest announcement P.29 x $A2,500/Oz (current gold price). Not mine.

    It's pretty simple maths.

    1. Siren is targeting 589,000Oz of Gold at a high grade 6.5g/t - 500metres down plunge from surface.

    589,000Oz of Gold x $A2,500/Oz = $A1.472Billion

    2. Siren is targeting 1,128,000Oz of Gold at a higher grade 6.6g/t - 1,000metres down plunge from surface.

    1,128,000Oz of Gold x $A2,500/Oz = $A2.82Billion




    SNG-exploration-target-1-12million-Oz.png
    These JORC Resource Targets are for Alexander River only.

    Siren Gold has another 7 high-grade gold deposits.

    SNG-Goldfields.png

    SNG Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 4  Great analysis
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