Siren Gold : Spectacular Siren Strike - 2.5m @ 358g/t Au

ASX RELEASE

Spectacular Siren Strike 2.5m @ 358g/t Au

Siren Gold Limited (ASX: SNG) (Siren or the Company) is pleased to provide an update on its current exploration activities.

Diamond drillhole AX84 intersected significant visible gold in the deepest hole drilled to date at its Alexander River project. (Fig 1 - 3)

The 2.5m mineralised interval includes the following:

• • 1,460 g/t Au over 0.6m quartz reef (Figure 4)

• • 358.2 g/t Au over 2.5m - (895 gram metres)

• • The disseminated acicular arsenopyrite mineralisation in the hanging wall assayed 1.9m @ 10.2g/t Au.

The AX84 diamond drill intersection extends the McVicar West shoot to ~ 500m down plunge and the shoot remains open at depth. (Fig 5).

The AX84 intersection is comparable to drillhole intersections in the very high-grade Swan Zone at Fosterville (Fig 6).

A comparison of Alexander River and the Fosterville gold mine in Victoria, Australia was the subject of a Siren press release dated 25 March 2022.

Fig 1. Significant visible gold in Alexander drillhole AX84 quartz reef.

ASX RELEASE 31 March 2022

ASX CODE: SNGBOARD

Brian Rodan Managing Director

Paul Angus Technical Director

Keith Murray Non-Executive Director

HEAD OFFICE Level 2,

41 Ord Street

West Perth WA 6005 t: [phone] e:[e-mail]:www.sirengold.com.au

RSC Consulting Ltd tracks drillhole intersections for companies listed on the Australian Stock Exchange (ASX). Drillhole AX84 would rank just outside the top 10 for ASX listed companies in 2021 when all metals are considered (Figure 7) but would rank in the top 10 for gold. In 2022 year to date AX84 currently ranks as the third best gold intersection (Figure 8).

Over the next quarter the drilling will target the McVicar West shoot down plunge of AX84 and the Bull West shoot below it (Fig 5).

Fig 2. Significant visible gold in Alexander River drillhole AX84 quartz reef in the McVicar West shoot.

Fig 3. Visible gold in the AX84 cut core.

18.4g/t Au

0.2g/t Au

2.8g/t Au

vg

1,460g/t Au

vg

0.3g/t Au

Fig 4. AX84 core with assay results (vg = visible gold).

Fig 5. Alexander River schematic Long Section.

Fig 6. Longitudinal Projection of the Swan mineralisation, Fosterville gold mine

(Gold grade on LHS and metres in brackets).

Fig 7. RSC Consulting's Opaxe Top10 ASX listed drillhole intersections.

Figure 8. RSC Consulting's Opaxe Top10 ASX listed drillhole intersections for 2022.