If Siren Gold's Technical Director Paul Angus(chief geologist)...

If Siren Gold's Technical Director Paul Angus(chief geologist) finds 750,000Oz to 1million Oz at 10-15grams per tonne gold, then $10 share price or $A800million market cap is not out of the question.

Especially with such high grade gold near surface, structurally controlled within the quartz, let alone any completely new high grade gold discoveries that were completely missed by the old timers because they didn't have the exploration technology that we have today.

Any extra sulphide gold mineralisation surrounding the quartz (halo of gold), as mentioned in Siren Gold's announcements (and above), would be a bonus to the high grade quartz gold.


For the old timers to ignore 15grams per tonne of gold pre WWII, and most of the deposit has hardly had any drilling since WWII, that is very rare asset that Siren Gold owns in the Reefton Goldfields.

If we take Alexander RIver as an example below, if you look at the question marks, all these high grade gold shoots and gold lodes are from the surface down only 250m of the surface, let alone gold that could be sitting between the lodes near surface.

The Bruno and Bull shoots are open at depth and are unmined, and the undrilled area (question mark) is less than 100metres from surface.

The Loftus-McKay Shoot is showing multiple high grade gold hits of 15metres @ 7.5grams, 8metres at 4.1grams, 5metres @ 4.0grams gold all at surface.

So this could easily be profitably mined in a short space of time with minimal capital expenditure, in addition to the other gold shoots and gold lodes at Alexander, Big River and Lyell.

As more and more batches of gold drilling results are released, together with Paul Angus' interpretation of the structure of the gold quartz zones, we'll get a better picture of these high grade gold deposits at Alexander River, Big River and Lyell in NZ.

Paul has been exploring in this region for over 30 years, so he will know where this high grade gold lies and where new high grade gold discoveries are in the Reefton Goldfields region.