onlyASX RELEASE 17 March 2022
useASX CODE: SNG
BOARD
Brian Rodan
Managing Director
personalPaul Angus Technical Director
Keith Murray
Non-Executive Director
HEAD OFFICE
Level 2,
41 Ord Street
West Perth WA 6005
t: +61 8 6458 4200
: admin@sirengold.com.au w: www.sirengold.com.au
For
ASX RELEASE
Siren Continues to Intercept High Grade
Mineralisation at Alexander River
Siren Gold Limited (ASX: SNG) (Siren or the Company) is pleased to provide an update on its current exploration activities.
Highlights
- Significant visible gold found in a float sample in Bull Creek below the historic McVicar mine at Alexander River (Figure 1). The McVicar mine historically produced 42koz at a recovered grade of 26g/t Au.
Figure 1. Significant Visible gold in a float sample from historic McVicar mine.
- Additional drilling results received for the McVicar West shoot that includes AX80 that intersected 2m @ 8.2g/t Au from 252m, including 1.2m @ 12.6g/t Au (Figure 2). AX80 was drilled between AX74 (2.8m @ 6.6g/t Au) and AX84 (Figure 3) which intersected significant visible gold (Figure 4) with results awaited.
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- AX79 intercepted the Bull shoot a further 100m down plunge and intersected strong acicular arsenopyrite mineralisation that returned 7.9m @ 3.3g/t Au (including 1.9m @ 7.8g/t Au). This is in line with other intersections in the Bull shoot, which now extends for 400m down plunge (Figure 3).
Figure 2. McVicar West AX80 core with assays.
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Figure 3. Alexander River schematic Long Section.
Figure 4. Significant Visible gold in Alexander drillhole AX84 quartz reef.
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Table 1. Significant Alexander River drilling results.
Hole ID | Shoot | From (m) | To (m) | Interval | True Thickness | Au (g/t) |
(m) | (m) | |||||
AXDDH008 | Bruno East | 23.3 | 28.0 | 4.7 | 4.5 | 2.9 |
AXDDH010 | McVicar East | 28.2 | 35.0 | 6.9 | 5.0 | 7.3 |
AXDDH012 | McVicar East | 24.0 | 32.5 | 8.5 | 8.0 | 11.0 |
AXDDH016 | Bull East | 62.0 | 70.0 | 8.0 | 7.0 | 2.6 |
AXDDH018 | Bull East | 26.0 | 34.0 | 8.0 | 7.0 | 2.9 |
47.0 | 50.0 | 3.0 | 2.5 | 4.1 | ||
AXDDH024 | Bruno East | 22.8 | 24.3 | 1.5 | 1.2 | 11.5 |
AXDDH030 | Loftus-McKay | 52.5 | 54.3 | 1.8 | 1.8 | 6.7 |
AXDDH033 | Loftus-McKay | 117.0 | 123.0 | 5.2 | 5.2 | 5.3 |
AXDDH034 | Loftus-McKay | 43.0 | 46.0 | 3.0 | 2.5 | 10.8 |
AXDDH035 | Loftus-McKay | 46.0 | 48.0 | 2.0 | 2.0 | 6.1 |
AXDDH036 | Loftus-McKay | 62.7 | 66.0 | 3.3 | 3.0 | 7.0 |
30.0 | 32.0 | 2.0 | 2.0 | 26.8 | ||
AXDDH047 | Loftus-McKay | 56.0 | 61.0 | 5.0 | 3.5 | 9.1 |
incl | 56.0 | 57.6 | 1.6 | 1.1 | 27.9 | |
AXDDH049 | McVicar West | 198.5 | 202.6 | 4.1 | 4.1 | 10.6 |
AXDDH050 | Loftus-McKay | 4.2 | 26.0 | 21.8 | 21.8 | 2.3 |
incl | 4.2 | 12.0 | 7.8 | 7.8 | 4.3 | |
AXDDH055 | McVicar West | 214.6 | 217.0 | 2.4 | 2.4 | 7.0 |
AXDDH059 | Bull East | 127.0 | 134.4 | 7.4 | 6.0 | 3.3 |
AXDDH060 | McVicar West | 221.0 | 223.4 | 2.4 | 2.4 | 5.8 |
AXDDH063 | McVicar West | 261.1 | 272.0 | 9.9 | 9.9 | 6.4 |
incl | 264.1 | 269.0 | 4.9 | 4.9 | 12.0 | |
incl | 264.1 | 264.8 | 0.7 | 0.7 | 43.1 | |
AXDDH065 | McVicar West | 225.0 | 234.0 | 9.0 | 8.5 | 1.8 |
incl | 226.0 | 231.0 | 5.0 | 4.5 | 2.8 | |
AXDDH066 | McVicar East | 58.0 | 67.0 | 7.8 | 7.8 | 2.6 |
AXDDH068 | 373.0 | 348.1 | 11.1 | 8.5 | 1.7 | |
incl | 375.0 | 380.0 | 5.0 | 4.0 | 2.2 | |
AXDDH074 | 312.8 | 315.5 | 2.8 | 2.5 | 6.6 | |
1.6 | 1.5 | 11.0 | ||||
AXDDH075 | 278.0 | 281.8 | 2.8 | 2.7 | ||
AXDDH079 | 257.1 | 265.0 | 7.9 | 3.3 | ||
incl | 257.1 | 259.0 | 1.9 | 7.8 | ||
AXDDH080 | 252.2 | 254.2 | 2.0 | 8.2 | ||
incl | 252.2 | 253.4 | 1.2 | 12.6 |
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Table 2. Alexander Drillhole Statistics.
only | |||||||
Hole No. | Hole ID | Pad No. | Easting | Northing | Dip/Azimuth | Total Depth | |
(m) | |||||||
1 | AXDDH008 | 8 | 1513206 | 5312727 | -60/320 | 96.7 | |
2 | AXDDH009 | 8 | 1513206 | 5312727 | -82/320 | 110.0 | |
3 | AXDDH010 | 5 | 1512936 | 5312598 | -60/320 | 61.2 | |
use | 4 | AXDDH011 | 5 | 1512936 | 5312598 | -85/320 | 70.3 |
5 | AXDDH012 | 5 | 1512936 | 5312598 | -50/320 | 35.5 | |
6 | AXDDH013 | 6 | 1512989 | 5312639 | -60/320 | 52.8 | |
7 | AXDDH014 | 6 | 1512989 | 5312639 | -85/320 | 84.6 | |
8 | AXDDH015 | 6 | 1512989 | 5312639 | -75/320 | 94.0 | |
9 | AXDDH016 | 4 | 1512861 | 5312540 | -65/290 | 76.5 | |
10 | AXDDH017 | 4 | 1512861 | 5312540 | -90/290 | 122.5 | |
personal | |||||||
11 | AXDDH018 | 3 | 1512737 | 5312498 | -90/300 | 69.6 | |
12 | AXDDH019 | 3 | 1512737 | 5312498 | -60/300 | 47.1 | |
13 | AXDDH020 | 1 | 1512692 | 5312438 | -60/300 | 64.2 | |
14 | AXDDH021 | 1 | 1512692 | 5312438 | -82/300 | 85.6 | |
15 | AXDDH022 | 7 | 1513130 | 5312673 | -60/320 | 74.2 | |
16 | AXDDH023 | 7 | 1513130 | 5312673 | -75/320 | 112.0 | |
17 | AXDDH024 | 9 | 1513270 | 5312764 | -90/000 | 45.3 | |
18 | AXDDH025 | 9 | 1513270 | 5312764 | -60/155 | 70.3 | |
19 | AXDDH026 | 10 | 1513331 | 5312814 | -90/000 | 51.2 | |
20 | AXDDH027 | 12 | 1513385 | 5312992 | -65/110 | 89.4 | |
21 | AXDDH028 | 12 | 1513385 | 5312992 | -85/110 | 117.6 | |
22 | AXDDH029 | 12 | 1513385 | 5312992 | -90/000 | 157.0 | |
23 | AXDDH030 | 12 | 1513385 | 5312992 | -52/110 | 96.5 | |
For | |||||||
24 | AXDDH031 | 13 | 1513426 | 5313038 | -90/000 | 49.0 | |
25 | AXDDH032 | 32 | 1512775 | 5312427 | -63/320 | 156.1 | |
26 | AXDDH033 | 32 | 1512775 | 5312427 | -55/320 | 130.0 | |
27 | AXDDH034 | 13 | 1513426 | 5313038 | -72/290 | 88.0 | |
28 | AXDDH035 | 27 | 1513420 | 5313093 | -60/115 | 68.0 | |
29 | AXDDH036 | 27 | 1513420 | 5313093 | -90/000 | 82.5 | |
30 | AXDDH037 | 27 | 1513420 | 5313093 | -74/290 | 156.3 | |
31 | AXDDH038 | 29 | 1513463 | 5313225 | -70/110 | 33.9 | |
32 | AXDDH039 | 29 | 1513463 | 5313225 | -70/290 | 165.0 | |
33 | AXDDH040 | 38 | 1513320 | 5312638 | -66/320 | 119.3 | |
34 | AXDDH041 | 38 | 1513320 | 5312638 | -50/320 | 238.5 | |
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Siren Gold Ltd. published this content on 16 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 March 2022 23:10:05 UTC.