Siren Gold Ltd ( (AU:SNG) ) has shared an announcement.
Siren Gold Limited has submitted a Mining Permit application for its Sams Creek project, marking a significant step towards transitioning from exploration to mining. The company plans to enhance its Mineral Resource Estimate through infill drilling, which will allow for updated reporting under ASX rules. Recent drilling has confirmed promising gold mineralization, and the company is strategically positioned to benefit from rising gold and antimony prices, which have reached record highs.
More about Siren Gold Ltd
Siren Gold Limited is a New Zealand-focused explorer specializing in gold and antimony, with key projects in the upper South Island. Their primary projects include the Sams Creek gold project, Langdons antimony-gold project, and the Queen Charlotte antimony-gold project. The company is transitioning from exploration to mining, particularly at Sams Creek, and holds a significant shareholding in Rua Gold Limited, providing exposure to additional high-grade gold projects.
YTD Price Performance: -13.85%
Average Trading Volume: 339,291
Technical Sentiment Signal: Buy
Current Market Cap: A$12.26M
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