Siren Gold Annual Report 2022

Directors’ Report Lyell (continued) The United Victory reef exposed in the creek is around 0.5m thick with disseminated acicular arsenopyrite on the both the hangingwall and footwall for an overall thickness estimated at approximately 2m (Figure 20). The quartz reef comprises mottled grey and white quartz with significant visible gold (Figures 21 and 22). The United Victory reef was found close the NWend of the Mt Lyell North soil anomaly (Figure 19). The Mt Lyell North Au soil anomaly extends 1km and is open to the NW, with the next soil line approximately 1km to the north, which has two Au anomalies. Mt Lyell North is a new discovery with no historic mining or previous exploration except for the small United Victory which was mined over two levels, but no production records or details are available. Figure 20. United Victory reef along with disseminated acicular arsenopyrite in the hangingwall and footwall. for the year ended 31 December 2022 Siren Gold Limited 32

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