Siren Gold Annual Report 2022

Directors’ Report Big River (continued) Siren has estimated an Exploration Target of between 100koz and 125koz at a gold grade between 7-9g/t Au for Shoot 4, based on drillholes shown in Table 5. With additional drilling similar exploration targets could potentially be estimated on the other shoots. Table 5. Big River drilling results Hole ID Shoot From (m) To (m) Interval (m) Au (g/t) BRDDH003 4 99.0 101.0 2.0 12.1 BRDDH004 4a 128.0 131.0 3.0 5.6 4b 136.4 143.0 6.6 21.4 BRDDH005 4 112.1 117.1 5.0 3.2 BRDDH009 4a 147.0 150.0 3.0 10.0 4b 159.0 162.0 2.5 8.5 BRDDH011 1 139.0 141.5 2.5 8.5 BRDDH012 4 170.0 173.0 3.0 5.4 BRDDH020 A2 24.0 29.0 5.0 4.2 BRDDH027 4a 142.2 148.2 6.0 5.1 4b 153.8 155.0 1.2 3.1 BRDDH031 A2 25.9 36.5 10.6 1.3 41.5 44.9 3.4 2.5 BRDDH034 4 361.7 367.6 5.9 4.1 BRDDH035 4 374.8 381.2 6.4 3.7 BRDDH037 2 213.2 218.4 5.2 6.3 BRDDH039 2 271.0 281.0 10.0 1.2 2 278.0 281.0 3.0 2.5 BRDDH045 5 337.0 346.0 9.0 1.8 for the year ended 31 December 2022 Annual Report 2022 19

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