Overview
Unlocking high-grade gold and strategic antimony potential in New Zealand
Sams Creek
The Sams Creek project is located the South Island of New Zealand and comprises two exploration tenements.
The Sams Creek mineral resources (MRE) was completed in November 2022, and currently stands at 824koz @ 2.80g/t Au at a 1.5g/t cut-off.
Langdons Antimony and Gold
The Langdons permit is located on the Paparoa goldfield, approximately 50kms SW of Reefton.
The Greenland Group rocks that host the mineralisation in the Reefton goldfield also outcrop in a NE trending belt, 25kms to west. This belt of Greenland Group rocks hosts the historical Langdons and Croseus gold and antimony mines.
Queen Charlotte Antimony and Gold
Siren applied for the Queen Charlotte exploration permit, which contains the historic Endeavour antimony mine, located in Marlborough, 120kms east of Sams Creek.
The Endeavour mine was the largest antimony mine in New Zealand, producing over 3,000t of stibnite (antimony) ore that was direct shipped to England between 1870 and 1890.
Reefton Project (via shareholding in TSX:RUA)
Siren Gold sold its wholly owned subsidiary, Reefton Resources Pty Ltd, which owns 100% of the tenements that comprise the Reefton Project, to Reefton Acquisition Corp., a wholly owned subsidiary of Canadian TSX Venture Exchange Listed Rua Gold Inc. Following the completion of the transaction, the Reefton belt has been consolidated with 84 hectares of ground to be explored for Gold and Antimony. Siren Gold maintains an interest in the Reefton project via ownership of ~26.1 of the issued and outstanding Rua Shares.
The Reefton project hosts an inferred JORC Compliant Mineral Resource Estimate of 483koz @ 3.86g/t Au with 14.5kt @ 1.7% Sb.
Hauraki Goldfield (via shareholding in TSX:RUA)
Siren Gold has exposure to the Hauraki project in the North Island of New Zealand through a shareholding in Rua Gold. Hauraki boasts a significant footprint in high-grade gold and silver mining, with circa 50 epithermal deposits mined since the 1860s. They have produced over 15Moz of gold and 60Moz of silver. Notably, the Martha mine in Waihi has yielded around 10Moz of gold to date.
Siren Golds Strategic Tenements
The Siren Gold tenement package has the potential for seven individual mine areas:
- Sams Creek
- Current MRE: 824koz @ 2.4g/t Au
- Landgons
- High-grade antimony & gold
- Queen Charlotte
- High-grade antimony & gold
- Reefton (via shareholding in TSX:RUA)
- Current MRE: 483koz @ 3.86g/t Au with 14.5kt @ 1.7% Sb
- Hauraki Goldfield (via shareholding in TSX:RUA)
- Nearology to Oceana Gold Limited's WKP Project