Ann: Siren Strikes Significant Gold Mineralisation at Reefton, page-117

Drilling labs could take anywhere between 6-8 weeks to complete their analysis results.

There are still 2020 drilling results that haven't been released yet from Alexander River and Big River, where drilling started in October 2020.

Especially with the Christmas holiday period shut down for 1-2 weeks, that's why we may see more drilling results at any time. Going forward we should see a steady stream of results between the 2020 drilling and early 2021 drilling programs.

Paul Angus has been drilling for Oceana Gold in NZ for years now. He has a very strong understanding of the gold structures in these areas. The thickness of the mineralisation at the 1,200metre strike is something to keep an eye on.

Siren’s Managing Director, Brian Rodan, said:

“This really is very good news for Siren Gold and Siren Gold shareholders. The works conducted to date by
our diamond drilling contractor, Eco Drilling has been first class – achieving absolutely rock solid results like
this so soon after listing is testament to the pre-preparation of and diligent geological work conducted by the
Company’s Technical Director, Paul Angus, along with the site team. Reefton is a 35km long “goldfield” not just
a single “gold mine” and I believe that the huge potential of this truly world class goldfield will unfold as we
continue our exploration campaign over the next 12 months”

https://www.sirengold.com.au/site/PDF/233ab16f-a30d-4273-87da-3e477ebaa145/SirenStrikesSignificantGoldMineralisationatReefton

Siren Strikes Significant Gold
Mineralisation at Reefton
Highlights
▪ Initial maiden drilling campaign at Alexander River has
intersected the historical high-grade quartz reef and
thick sulphide mineralisation in the footwall of the reef
from the first shallow diamond drill holes
▪ Intersections include:
o 8.5m @ 11.0 g/t from 25.0m in AXDDH012
o 7.6m @ 7.8 g/t from 28.2m in AXDDH010
o 4.7m @ 2.9 g/t from 23.3m in AXDDH08

▪ Surface channel sampling conducted along the
1,200m-long Alexander River reef outcrop has also
exposed a thick mineralised zone in the
Loftus-Mullocky creek area returning significant results
across the full width of the quartz reef and sulphide
zone including the following results:

o 14m @ 7.5 g/t Au
o 8m @ 4.1 g/t Au
▪ Partially exposed visible outcrop of the same
mineralised zone also returned the following results:
o 2.5m @ 6.5 g/t Au
5.0m @ 4.0 g/t Au
▪ Drilling commenced at Big River in October and to date
two holes have been completed with results pending
Siren Gold Limited (ASX: SNG) (“Siren” or the “Company”) is pleased to
announce that drilling commenced at the Alexander River project in
September where the Company has high grade outcropping veins within a
1,200m long quartz reef. The initial phase of drilling is expected to be ~2,000m
of diamond drilling which is anticipated to consist of ~26 drill holes with ten
holes having been drilled to date. Historical mining at the Alexander River
project produced 41koz at 26.4g/t.

The Company is very excited by the overall thickness of the mineralised zone
at Alexander River which includes the historical high-grade quartz reef and
the mineralised silicified arsenopyrite sulphide zone discovered in the footwall
of the mineralised zone.