BONANZA EAST STRIKES RICH: HIGH-GRADE GOLD AND ANTIMONY INTERSECTIONS

Siren Gold Limited Continues to Uncover Significant Mineralisation at Auld Creek

Siren Gold Limited (ASX:SNG) has shared exciting results from its latest drilling campaign at the Auld Creek area of the Reefton Project, spotlighting impressive high-grade gold and antimony intersections.

Key outcomes from the drilling included:

  • Bonanza East Shoot: Diamond drill hole ACDDH015 hit a high-grade section of 12.4 meters at a gold equivalent grade of 33.4 g/t AuEq, starting from 69.6 meters depth, which includes an exceptionally rich portion of 6 meters grading 53.4 g/t AuEq.
  • Fraternal Shoot: This area also showed promising results with a 23.0-meter intersection grading 4.5 g/t AuEq from 105 meters.

The drill program successfully intersected the Bonanza East and Fraternal Shoots, with the Bonanza East zone not only showing significant gold values but also rich antimony content, a critical mineral with substantial geopolitical significance.

The second hole in the sequence, ACDDH016, aimed to probe the upper regions of the Bonanza East Shoot and intersected 21 meters of moderate to strong arsenopyrite mineralization from 68 meters depth. The results for this hole are still pending.

Victor Rajasooriar, Managing Director and CEO of Siren Gold, expressed his enthusiasm about the results:

We are delighted with the assay results from the first drillhole of 2024 delivering some very high-grade intersections at Auld Creek. Auld Creek is evolving into a high-grade discovery and is continuing to demonstrate the scale and high-grade potential throughout the whole Reefton field. The ongoing drilling at Auld creek is expected to add significantly to our understanding of the Antimony and Gold distribution within the mineralisation and will be used to update the Auld Creek Inferred MRE. Additionally, the significance of the high concentration of Antimony should not be underestimated, with Antimony being geopolitically significant and recognised as a critical mineral. We look forward to continually exploring and further unlocking the full potential of the Reefton belt.

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