Ann: Siren Continues Drilling Success at Reefton, page-2

You're on the money fullmetal. Siren is definitely drilling out the 1,200 metre Alexander River to confirm it can be mined in the same manner at the 700K Oz Blackwater deposit next door.

34 additional drill pad locations have been approved by the NZ DoC and Siren will drill with 50metre spacings down 500m(as required).

36 drill holes have been completed as at end of January 2021, over 3,000metres of drilling results are expected.



The Department of Conservation (DoC) has approved an
additional 34 exploration drill pads at Alexander River.

This will allow the 1.2km strike length of the Alexander
River reef to be drilled on nominal 50m centres down to
500m vertically when required.

• Drilling at Alexander River continued to intersect thick
mineralisation between the mineralised shoots,including 8.0m @ 2.9 g/t from 26.0m and 3m @ 4.1 g/t
from 47m in AXDDH018 between the McVicar and Bull
shoots.



The drilling at Alexander River to date has been testing the near surface (25-75m) mineralisation aimed at
confirming the trench results and the thickness and orientation of the mineralised zone along the 1.2km strike
length.

Drilling to date by Siren over ~500m of the strike length has generally intersected relatively thick
mineralisation confirming trench results with high grade mineralisation intersected adjacent to the historically
mined McVicar Shoot;

8.5m @ 11g/t Au in AXDDH012 and 6.9m @ 7.3g/t Au in AXDDH010 and lower grade
mineralisation between the shoots; 4.7m @ 2.9g/t Au in AXDDH008, 8m @ 2.6g/t Au in AXXDDH016 and 8m @
2.9g/t in AXDDH018 (Figure 4

Paul Angus is proving up a high grade open pit gold mine at Alexander RIver.