Broad Mineralisation Evident From Siren’s First Drillhole At Auld Creek

Siren Gold Limited (ASX: SNG) (Siren or the Company) is pleased to provide a further update on the significant potential of its Auld Creek Prospect.

Highlights

• Siren’s first drillhole ACDDH004 in the Auld Creek prospect intersected both the Fraternal and Bonanza Shoots, based on core logging and spot pXRF analysis.
• ACDDH004 intersected a 20m thick Fraternal mineralised zone that contained stibnite cemented breccia on the hanging wall, with silicified disseminated acicular arsenopyrite mineralisation containing numerous sheeted 1-5cm stibnite veins in the footwall¹.
• The top of the Bonanza Shoot was also intersected, with a 3.7m thick brecciated zone containing disseminated arsenopyrite¹.
• The thickness and consistency of the Fraternal mineralisation is encouraging and consistent with recent trench intersections.
• Drilling is continuing with initial assay results expected in May.

“We are excited that our first drill hole at Auld Creek hit the type of mineralisation we were targeting, with broad zones of mineralisation evident. We have sent the core to the lab for priority testing and look forward to reporting assay results over the coming weeks.”

Figure 1. Stibnite (black) cemented host rock breccia fron ACDDH004 at 118.6m.

Background

The Auld Creek Prospect is contained within Siren’s Golden Point exploration permit and is situated between the highly productive Globe Progress mine, which historically produced 418koz @ 12.2g/t Au, and the Crushington group of mines that produced 515koz @ 16.3g/t Au. More recently OceanaGold (OGL) mined an open pit and extracted an additional 600koz of gold from lower grade remnant mineralisation around the historic Globe Progress mine. Collectively these mines produced 1.6Moz at 10g/t Au.

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