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78.00
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109.15
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109.15
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Siren Gold (ASX:$SNG) progresses with exploration and resource growth

Siren Gold's recent achievements and future prospects


Siren Gold Limited (ASX:$SNG) has reported a significant increase in its global resource estimate to 1.3 million ounces at 3.3 grams per ton of gold equivalent. The company also highlighted its strong potential to grow the resource base to 2.5-3.0 million ounces over the next 12-24 months. Siren Gold's exploration activities have shown promising results, with the company's focus on high-grade antimony as a key co-product.

Executive commentary on Siren Gold's achievements and outlook


The company's Executive Chairman, Brian Rodan, expressed satisfaction with the progress made since listing, particularly the substantial growth in the global resource from zero to 1.3 million ounces at 3.3 grams per ton of gold equivalent. He emphasized the huge potential for further resource expansion to 2.5-3.0 million ounces over the next 12-24 months. Technical Director, Paul Angus, highlighted the strategic significance of high-grade antimony as a co-product and the company's focus on exploration to achieve its growth targets.

Summary of Siren Gold's achievements and future outlook


Siren Gold Limited (ASX:SNG) has made significant strides in its exploration and resource growth, with the global resource estimate reaching 1.3 million ounces at 3.3 grams per ton of gold equivalent. The company has outlined its ambitious goal to expand the resource base to 2.5-3.0 million ounces over the next 12-24 months. Siren Gold's focus on high-grade antimony as a critical and strategic metal co-product adds further value to its prospects. The company's achievements indicate a positive outlook for its future development and potential market valuation.

Sourcehttps://announcements.asx.com.au/asxpdf/20231123/pdf/05xq3qc9nhym7h.pdf

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