Siren Gold Limited uploaded a News Release
January 22, 2024
Significant New Drill Target Identified at Sams Creek
Highlights:
- Sams Creek is an intrusion-related gold deposit (IRGD) with mineralisation contained within a porphyry dyke.
- The Sams Creek porphyry dyke is over 7kms long, up to 60m thick, and extends down dip for at least 1km. Only 15% of the Sam’s Creek porphyry dyke has been drilled to date.
- An Ionic Leach soil survey recently carried out has identified a second major Au-As-Mo anomaly at Anvil, similar to the Main Zone anomaly which contains a Mineral Resource Estimate (MRE) of 824koz at 2.8g/t Au*.
- The Anvil anomaly extends for at least 1km from the mineralised outcrop with significant rock chips recording up to 57g/t Au.
- The Anvil anomaly might represent a NE plunging mineralised fold hinge similar to the Main Zone located 1km to the east.
- The orientation ionic leach soil survey detected known mineralisation 500m below the surface at Main Zone.
- Copper-Lead and Rare Earth Elements (REE) were also detected, and the multi-element responses indicate potential for a large multi-metal, multi-phase mineral system at Sams Creek.