
July 24, 2024
Siren Gold Limited (ASX: SNG) (Siren or the Company) is pleased to provide an update on its Sams Creek and Reefton Projects.
Highlights
Sams Creek Gold Project
- Results received for the last two of four “scouting” holes drilled at the Anvil Zone.
- SCDDH107 intersected 22m @ 1g/t Au with higher grade intervals of 2m @ 2.91g/t from 141m and 1.2m @ 8.3g/t from 161m on the hanging wall and footwall respectively.
- SCDDH106 intersected a 35.4m thick dyke which was extensively altered. A 4m section in the centre of the dyke returned 4m @ 1.32g/t Au from 124m.
- An Ionic Leach (IL) soil survey identified a number of targets both around and inside two large circular structures.
- The circular structure anomalies have been divided into five dyke and six porphyry targets.
- The dyke targets have an Au-As signature, and the porphyry targets have an Au-Cu-REE signature.
- The IL survey has now been extended beyond the boundaries of the circular structures so potential mineralisation can be fully evaluated. Results are expected in August.
Reefton Gold Antimony Project
- Four additional diamond holes were drilled in the Auld Creek’s Bonanza East Shoot following the exceptional intersection in ACDDH011, which intersected an estimated true thickness of 3m @ 4.1g/t Au and 7% Sb.
- ACDDH015 and ACDDH016 were drilled 50m to the north and intersected true widths of 6m @ 5.3g/t Au, 14.9% Sb and 10m @ 7.2g/t Au, 0.3% Sb.
- ACDDH020 and ACDDH021 were drilled a further 100m to the north and intersected the footwall of the shoot, indicating that the Bonanza East Shoot plunges to the south parallel to the Fraternal Shoot.
- The Bonanza East maiden MRE and an update on the Fraternal MRE will be completed in August.
Siren Managing Director and CEO, Victor Rajasooriar commented:
“The drilling results from the recent scouting holes targeting the Anvil prospect have confirmed similar alternation to the Main Zone, which hosts the 824koz @ 2.8g/t Au Resource. Additionally, the knowledge base of the geology at Sams Creek is growing with the expanded Ionic Leach survey cross referenced with the Lidar topography analysis, with results expected in August. This should give us additional information to more accurately target the potential Gold-Copper porphyry targets and commence a diamond drilling program later this year at Sams Creek.
In addition, the drilling results from Auld Creek have returned some strong results and we look forward to updating the Resource in August.”
Click here for the full ASX Release
This article includes content from Siren Gold, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
SNG:AU
The Conversation (0)
18 March 2024
Siren Gold
Exploring Highly Prospective Gold Assets in A Historic New Zealand Mining District
Exploring Highly Prospective Gold Assets in A Historic New Zealand Mining District Keep Reading...
20h
America's Antimony Problem and Why Investors Should Care
Global antimony production in 2025 was recorded at an average of 110,000 metric tons, with China accounting for 40,000 metric tons, or roughly 36.37 percent. For years, figures like these have been treated as routine, reflecting China’s entrenched dominance in the sector. But with the suspension... Keep Reading...
20h
Copper JV Agreement Signed with Xinhai Mining
Leading EPC company to farm into Verkhuba Copper Deposit and advance it to production
Further to the Heads of Agreement announced on 11 December 2025, East Star Resources Plc (LSE: EST), the Kazakhstan-focused gold and copper explorer, is pleased to announce the formalisation of the joint venture agreement ("JVA") pursuant to which Hong Kong Xinhai Mining Services Limited... Keep Reading...
19 March
Heliostar Presents Fiscal 2025 Financial Results
Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") today reported audited financial results for the nine months ended December 31, 2025 ("Fiscal 2025"). The fiscal 2025 results are presented for the nine-months period as the Company adjusted its... Keep Reading...
18 March
Trading Halt
Aurum Resources (AUE:AU) has announced Trading HaltDownload the PDF here. Keep Reading...
18 March
Alex Ebkarian: Gold, Silver 2026 Price Calls, Key Drivers to Watch Now
Alex Ebkarian, co-founder of Allegiance Gold, shares his outlook for gold and silver.While both are trading lower after big price runs earlier this year, he believes it's key to maintain a long-term approach to owning precious metals. "What people have to understand is — how do I position myself... Keep Reading...
18 March
Gold Price Slides Below US$4,900 as Fed Holds Rates Steady Again
The US Federal Reserve held its second meeting of 2026 from Tuesday (March 17) to Wednesday (March 18) as the Iran war escalated into a closure of the Strait of Hormuz.As anticipated, the central bank maintained the federal funds rate in the 3.5 to 3.75 percent range.The Fed’s decision to hold... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






