Siren Gold Ltd · ASX:SNG
Siren Gold — Investor Presentation (May 2024)
24 slides from Siren Gold's investor presentation, May 8, 2024
Slide 1: Exploring for Gold & Antimony in the historical gold fields of New Zealand
Exploring for Gold & For personal use only Antimony in the historical gold fields of New Zealand Sydney Investor Presentation May 2024
Slide 2: Disclaimer and Forward-looking Statements
Disclaimer and Forward-looking Statements These presentation materials and the accompanying verbal presentation (together, the Presentation COMPETENT PERSONS STATEMENT Materials) have been prepared by Siren Gold Limited ACN 619 211 826 (Company). The information contained in this report relating to
Slide 3: Corporate Overview
Corporate Overview Share Price Performance (ASX:SNG) Capital Structure Current* $0.14 3M Shares on Issue 201.1m For personal use only $0.12 2M Options / Performance Rights 30.0m $0.10 Share Price $0.065 $0.08 2M Market Capitalisation $13.0m $0.06 1M Cash (31 March 2024) $2.3m $0.04 $0.02 1M Enterpri
Slide 4: Key Highlights: Reefton and Sams Creek
Key Highlights: Reefton and Sams Creek Reefton Goldfield • Reefton is a large historic NZ goldfield with previous gold For personal use only production totalling 11Moz from alluvial, open cut and 85 historic underground mines. • Dominant ~825km2 tenement package across the Reefton Goldfield • Siren’
Slide 5: Reefton & Sams Creek: Originally Part of the Lachlan Fold Belt
Reefton & Sams Creek: Originally Part of the Lachlan Fold Belt Accreted Belts with Orogenic Gold For personal use only Southern Cross Gold Sams Creek Reefton 5 Siren Gold | www.sirengold.com.au
Slide 6: Commodities: Gold & Antimony price chart
Commodities: Gold & Antimony price chart For personal use only • 4-year average price over USD~$1,800 per ounce • 4-year average price over USD~$12,000 per tonne • Has been hitting daily highs in recent times • Currently at USD $15,100 per tonne (6/5/24) • Currently at USD $2,312 per ounce (6/5/24)
Slide 7: Reefton: Critical Mineral Potential - Antimony (Sb)
Reefton: Critical Mineral Potential - Antimony (Sb) Antimony is extracted from Stibnite, and occurs in association with gold. For personal use only • Antimony is critical to the world production of solar panels, wind turbines, EV’s, energy storage batteries & armaments. Strategic Defence Application
Slide 8: World Antimony Production (110 kt pa) Russia + China = 85%
Siren Gold: World Antimony Production (110 kt pa) Russia + China = 85% RUSSIA & TAJIKISTAN For personal use only Russia Production (kt Sb): 20 % of World Total: 18% Tajikistan Production (kt Sb): 17 % of World Total: 14% CHINA Production (kt Sb): 60 REST OF WORLD % of World Total: 52% Bolivia Produc
Slide 9: Shane Jones: Fast Track for Mining
Shane Jones: Fast Track for Mining Fast-Track Approvals Bill Resources Minister Shane Jones announced the Fast- “This bill is to provide a fast-track decision-making process For personal use only Track Approvals Bill (7 March 2024) including a “major that facilitates the delivery of infrastructure a
Slide 10: Reefton
For personal use only REEFTON
Slide 11: Reefton Broader Area: Mines within 20km of Auld Creek
Reefton Broader Area: 18 Mines within 20km of Auld Creek Reefton Neighbouring Gold Projects For personal use only Operating Coal Mine CSE: RUA Operating Resource: drilling Coal Mine (MC~ $35M) Australian Super Invests ~ A$200M Resource: ~ 700koz ASX: SNG 444koz @ 3.8g/t Au, 8.7kt Sb (MC ~ $12M) Fede
Slide 12: Reefton Hub: Infrastructure
Reefton Hub: Infrastructure For personal use only • Processing hub to be centred around Auld Creek to feed various UG mines as they come online • Tenement holdings in good standing & under DoC stewardship • Sealed Roads in place • Hydro power readily available • Westport – easily accessible for conc
Slide 13: Reefton: High-Grade Projects
Reefton: 6 High-Grade Projects Auld Creek – 65koz @ 3.5g/t Au with 8.7kt @ 1.5% Sb (Outstanding Gold & Antimony) Big River – 100koz @ 4g/t Au For personal use only Lyell – high-grade drill targets Alexander River -170koz @ 5g/t Au Supreme – 100koz @ 3g/t Au 13 Siren Gold | www.sirengold.com.au
Slide 14: Reefton: Auld Creek Gold + Antimony MRE
Reefton: Auld Creek Gold + Antimony - MRE 65koz @ 3.5g/t Au + 8.7kt Sb Fraternal Inferred Resource 65koz @ 3.5g/t Au, 8.7kt Sb @ 1.5% For personal use only 4 high-grade Au-Sb shoots with 1km down dip depth extension potential Bonanza East 22.2m @ 7.2g/t Au and 0.3% Sb (7/5/24) 14 Siren Gold | www.si
Slide 15: Reefton: Alexander River MRE 170koz @ 5.0g/t Au
Reefton: Alexander River MRE 170koz @ 5.0g/t Au Sirens Alexander River (~8 km from Blackwater) Federations Snowy River Mine Development Shoot extends for +1.3kms down plunge Shoot extends for +2.0kms down plunge For personal use only Significant high-grade gold mineralisation with proven depth exten
Slide 16: Sams Creek
For personal use only SAMS CREEK
Slide 17: Sams Creek Hub: Infrastructure
Sams Creek Hub: Infrastructure For personal use only • Processing hub to be centred around Sams Creek to feed various UG mines as they come online • Tenement holdings in good standing & under DoC stewardship • Sealed Roads in place • Hydro power readily available • Takaka Port – easily accessible Si
Slide 18: Sams Creek: JV Siren (81.9%) Oceana Gold (18.1%)
Sams Creek: JV Siren (81.9%) Oceana Gold (18.1%) For personal use only SC19: 183m @ 2.46 g/t Au • Large Porphyry Gold Deposit with Huge Upside • 7km Long x 50m Wide & Open at Depth • MRE 824koz @ 2.83 g/t Au 23 Siren Gold | www.sirengold.com.au
Slide 19: Sams Creek: Main & Anvil Zones - Multi Million Ounce Potential
Sams Creek: Main & Anvil Zones - Multi Million Ounce Potential For personal use only • Ionic Leach survey highlights the Main Zone MRE mineralisation and a second strong NNE trending anomaly at Anvil. • Drilling at Anvil Zone is underway and is considered a repeat of the Main Zone (824koz @ 2.83 g/t
Slide 20: Value Proposition
For personal use only VALUE PROPOSITION
Slide 21: Rapid Progress Since IPO: Zero to 1.3Moz Au + 8.7kt Sb in <3 Years
Rapid Progress Since IPO: Zero to 1.3Moz Au + 8.7kt Sb in <3 Years For personal use only Global Resource Estimate at a 1.5g/t Au cut-off (100% basis) 26 Siren Gold | www.sirengold.com.au
Slide 22: Siren Gold: Peers
Siren Gold: Peers ASX Listed Peers NZ Peers 1.9B 2.1B For personal use only MARKET CAP ($M AUD) 1 Code BGL SMI SPR SNG OGL SMI RUA - Mineral 3.1Moz @ 2.2Moz @ 721koz @ 1.3Moz @ 5Moz @ 2.2Moz @ 700koz @ - Resource 9.9g/t Au 2.2g/t Au 5.8g/t Au 3.1 Au 1.3g/t Au 2.2g/t Au 23g/t Au Share 2.95 1.67 1.11
Slide 23: Key Takeaways
Key Takeaways • Total Global Resource 1.3Moz @ 3.1g/t Au with 8.7kt @ 1.5% Sb and growing For personal use only • Reefton Project – Gold and Antimony potentially a world class asset, and contains a critical mineral in Antimony • Drilling underway to unlock value at both Reefton and Sams Creek • Curr
Slide 24: Thank you
For personal use only Thank you ASX:SNG T: (08) 6458 4200 Victor Rajasooriar E: [email protected] Managing Director & CEO W: www.sirengold.com.au