Siren Gold Drills 'Spectacular' Strike Of 2.5m @ 358g/t Au
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Siren Gold Drills ‘Spectacular’ Strike Of 2.5m @ 358g/t Au

byColin Sandell-Hay, Contributor - The Assay
4 years ago
Reading Time: 2 mins read
Siren Gold Drills Spectacular Strike Of 2.5m @ 358g/t Au

Siren Gold Limited’s (ASX: SNG) diamond drillhole AX84 has intersected significant visible gold in the deepest hole drilled to date at its Alexander River project in New Zealand.

 The 2.5m mineralised interval includes the following:

• 1,460 g/t Au over 0.6m quartz reef

• 358.2 g/t Au over 2.5m – (895 gram metres)

• The disseminated acicular arsenopyrite mineralisation in the hanging wall assayed 1.9m @ 10.2g/t Au.

The AX84 diamond drill intersection extends the McVicar West shoot to ~ 500m down plunge and the shoot remains open at depth.

The AX84 intersection is comparable to drillhole intersections in the very highgrade Swan Zone at Fosterville.

A comparison of Alexander River and the Fosterville gold mine in Victoria, Australia was the subject of a Siren press release dated March 25, 2022

RSC Consulting Ltd tracks drillhole intersections for companies listed on the Australian Stock Exchange (ASX). Drillhole AX84 would rank just outside the top 10 for ASX listed companies in 2021 when all metals are considered but would rank in the top 10 for gold.

In 2022 year to date AX84 currently ranks as the third best gold intersection. Over the next quarter the drilling will target the McVicar West shoot down plunge of AX84 and the Bull West shoot below it.

For further information please visit: https://www.sirengold.com.au/site/content/

Tags: ASX:SNGExplorationGoldNew ZealandPrecious Metals
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Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay is a multi-award-winning mining journalist and investor relations specialist with a major focus on the resources sector. He has 48 years of editorial and public relations experience, with more than 30 of those in business and resources media. His in-depth, technical knowledge was recognized in 2010 when he was presented with the coveted APPEA JN Pierce Award as the leading petroleum journalist in Australia. Colin is currently a freelance news editor and features writer for The Assay.

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