
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
Alert Options
No alert set
INN Article Notification
Alert Option
You will be notified when this event occurs. No additional settings needed.
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...
24 July
Frank Trotter: Gold Price Going Higher, How to Put Your Metal to Work
Frank Trotter shares an update on Battle Bank, saying it's now open for business. The CEO also discusses gold's positive long-term prospects and why it's key for investors to own. Don't forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Charlotte McLeod, hold no... Keep Reading...
24 July
Brent Cook: Junior Miner Red Flags, Plus Metals I Like Now
Brent Cook, founder of Exploration Insights, shares his outlook for the resource sector, saying his conviction in the space remains strong. "Ignoring where we're at right now, which is kind of (the) summer doldrums — looking out to the end of the year and into next year, I think we're going to... Keep Reading...
24 July
Non-Renounceable Entitlement Offer to Raise $2.5 Million
Piche Resources (PR2:AU) has announced Non-Renounceable Entitlement Offer to Raise $2.5 MillionDownload the PDF here. Keep Reading...
23 July
Aurum extends BDT2 gold beyond current resource
Aurum Resources (AUE:AU) has announced Aurum extends BDT2 gold beyond current resourceDownload the PDF here. Keep Reading...
23 July
Gum Creek Open Pit DFS Confirms Pathway for WA’s Next Major Gold Mine Development
Horizon Gold Limited (ASX: HRN) (‘Horizon’ or ‘the Company’) is pleased to announce the Definitive Feasibility Study (‘DFS’ or ‘Study’) of its 100% owned Gum Creek Gold Project (‘Project’) in Western Australia.The Open Pit DFS confirms Gum Creek's potential to become Western Australia’s next... Keep Reading...
23 July
Acquisition of high grade copper gold project in Mauritania
Zeus Resources Limited (ZEU:AU) has announced Acquisition of high grade copper gold project in MauritaniaDownload the PDF here. 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






