Siren Gold Advances Sams Creek Project with Mining Permit Application

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Siren Gold Advances Sams Creek Project with Mining Permit Application

Siren Gold Ltd ( (AU:SNG) ) has provided an announcement.

Siren Gold Limited has submitted a mining permit application to New Zealand Petroleum & Minerals for its Sams Creek project, aiming to transition from exploration to mining. The Scoping Study indicates potential financial viability for both open pit and underground operations, with plans for further exploration and infill drilling to enhance resource estimates. The project is expected to create approximately 350 jobs, highlighting its regional significance and long-term sustainability potential.

More about Siren Gold Ltd

Siren Gold Limited is a company operating in the mining industry, focusing on gold exploration and development. Its primary project is the Sams Creek Gold Project located in Golden Bay, New Zealand, which involves exploration tenements and a prospecting permit. Siren holds a significant interest in this project, which was initially a joint venture with OceanaGold NZ Limited.

YTD Price Performance: -8.33%

Average Trading Volume: 330,546

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$12.04M

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