Sams Creek

The Sams Creek Gold Project, located at the top of New Zealand’s South Island in Golden Bay, is a significant gold exploration venture managed by Siren Gold Limited.

Sams Creek remains one of the largest undeveloped gold resources in New Zealand. The project has an existing JORC Mineral Resource Estimate of 824 koz at 2.82 g/t Au² and demonstrates significant exploration potential. The resource remains open at depth along a 7km strike length, with thicknesses of up to 50 metres.

The project is a JV between Siren 82% and Ocean Gold 18%, with Ocean Gold being the premier gold producer in New Zealand (TSX:OGL)

Recent Exploration Activities

Drilling: Siren has recently commenced a substantial diamond drilling program, initially focused on the SE Traverse and Carapace areas within the existing inferred Mineral Resource. The program is designed to both upgrade and expand the current Mineral Resource Estimate.

The campaign comprises approximately 6,000 metres of infill drilling aimed at converting Inferred Resources to the Indicated category, along with a further 1,000 metres of step-out drilling to test extensions to known mineralisation. Extension drilling includes maiden drill testing at the Doyles Fold target, located west of the Main Zone, which represents a compelling structural analogue with potential to host additional high-grade mineralisation.

Permitting: While infill drilling continues, Siren has taken an important step toward project development by lodging the Sams Creek Mining Permit Application with New Zealand Petroleum & Minerals (NZPAM) on 21 March 2025, representing a significant milestone in advancing the project beyond the exploration stage.

Acquisition:

Acquired by Siren Gold in November 2022 for A$250,000, the Sams Creek Project has been a key focus for the company's exploration activities. The Sams Creek resource base and geological potential position it as a cornerstone for Siren Gold's future development plans.