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The latest update is out from Siren Gold Ltd ( (AU:SNG) ).
Siren Gold Limited has successfully raised $4.0 million to enhance its exploration efforts at the Sams Creek, Langdons, and Queen Charlotte projects. The funds will be used to commence Stage 1 infill drilling at Carapace and South-East Traverse, with the aim of increasing resource confidence and converting inferred resources to indicated classification. The company has received access approval for low-impact exploration at Queen Charlotte and expects assay results from Langdons soon. This development positions Siren Gold to capitalize on the favorable market conditions for gold and antimony, with significant implications for its mining operations and stakeholder interests.
More about Siren Gold Ltd
Siren Gold Limited is an exploration company focused on the mining industry, primarily engaged in gold exploration and development. The company operates projects in New Zealand, including Sams Creek, Langdons, and Queen Charlotte, with a market focus on advancing these gold and antimony-rich sites.
Average Trading Volume: 737,891
Technical Sentiment Signal: Hold
Current Market Cap: A$15.62M
For a thorough assessment of SNG stock, go to TipRanks’ Stock Analysis page.