An update from Siren Gold Ltd ( (AU:SNG) ) is now available.
Siren Gold Limited has announced its commitment to a second deep drillhole at its Sams Creek Project, aiming to expand its current Mineral Resource Estimate of 824koz at 2.8g/t Au. The recent drilling efforts have successfully intersected the Sams Creek Dyke, confirming the presence of gold-bearing arsenopyrite veinlets, which could significantly increase the project’s resource estimate. The company’s strategic drilling initiatives are bolstered by the rising gold prices, providing confidence to continue exploration efforts, which could enhance its industry positioning and offer potential benefits to stakeholders.
More about Siren Gold Ltd
Siren Gold Limited operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in the exploration of gold projects, with a market focus on expanding its mineral resource estimates through strategic drilling initiatives.
YTD Price Performance: -10.0%
Average Trading Volume: 339,546
Technical Sentiment Signal: Buy
Current Market Cap: A$11.82M
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