Absolutely! Not only are there 7 more high grade gold deposits...

  1. 1,476 Posts.
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    Absolutely!

    Not only are there 7 more high grade gold deposits Siren is targeting, but that high grade 1,128,000Oz Gold JORC Resource @6.6g/t goes down 1,000metres from surface, is from Alexander River only. (Worth today $A2.82Billion)

    If you look at Blackwater and Fosterville at the bottom, these types of deposits go down 2,500+metres

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

    sng-depth.jpg

    AR-cf-Blackwater.png

    AR-cf-fostervill1.png

    This is why I keep saying Siren Gold's market cap of only $A20million at 27c today, is significantly undervalued.

    One major announcement and we really should be above $100million market cap very quickly. With only 80million shares on issue, that is a $1.25 share price. Then continue to step up to new all-time highs as more announcements and drilling results are announced.

    Then much higher are mining starts and the resource grows both at Alexander RIver and at the other 7 high-grade deposits.

    sng58.png

    Last edited by Goldhunter122: 23/08/21
 
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