Key facts on Siren Gold's ASX announcement

Siren Gold (ASX:SNG) has announced a significant update on its Auld Creek Project in Reefton, New Zealand. The company has successfully extended gold and antimony mineralization by at least 1.5 kilometers. The Ionic Leach soil sampling program has identified significant drill targets, enhancing the current Mineral Resource Estimate.

Overview and future outlook for Auld Creek

Siren Gold's update on the Auld Creek Project highlights a promising extension of mineralization by at least 1.5 kilometers. The current Mineral Resource Estimate stands at 588koz at 4.72g/t AuEq, with ambitions to exceed a million ounces of gold equivalent. Positioned between historic mines, Auld Creek's geological potential is underscored by structural controls and major shear zones. The company plans further exploration through drilling, additional surveys, and mapping to capitalize on these findings, with a focus on expanding resources and enhancing shareholder value.

Executive insights on Auld Creek expansion

The IL soil sampling program indicates mineralization extends at least 1.5 kilometers at Auld Creek and is open to both the north and south. The IL anomalies align with two parallel conductive anomalies that extend for 1.5 kilometers. The current MRE at Auld Creek is 210koz at 7.7g/t AuEq, with only 400 meters of the strike tested. The mineralization is open to the north, south, and at depth, presenting significant potential for resource expansion.