Siren Gold Limited (ASX: SNG) has intersects significant visible gold the deepest hole drilled to date at its Alexander River project in New Zealand.
Highlights
- Drilling continued at McVicar West, with the shoot extended a further 200m down plunge for a total of 500m below the historic McVicar mine that produced 41koz of gold at 26g/t Au.
- AX74 was drilled from Pad 41 to intersect the McVicar West shoot 100m down plunge from AX63 (9.9m @ 6.4g/t Au). The hole intersected the mineralised zone from 312.8m, comprising 0.6m thick smokey quartz reef with visible gold that assayed 17.3g/t Au, followed by 2m zone of quartz veining and strong acicular arsenopyrite. This mineralised zone assayed 2.8m @ 6.6g/t Au, including 1.6m @ 11.0g/t Au.
- AX80 intersected the McVicar West shoot 100m down plunge from AX74 (2.6m @ 6.6g/t Au). The intercept comprised of a 0.4m quartz vein with visible gold, followed by 1.6m of acicular arsenopyrite mineralisation. Assay results are awaited.
- AX84 intersected the McVicar West shoot 100m down plunge from AX80. The intercept comprised 2-3m of strong acicular arsenopyrite, followed by a 0.6m quartz vein with significant visible gold. This is the deepest hole drilled at Alexander River to date and looks very similar to gold in drill core from the Fosterville (Victoria, Australia) and the Queensway (Newfoundland, Canada) epizonal gold deposits.
- At Bull East AX79 intersected 9m of strong acicular arsenopyrite mineralisation, extending the Bull East shoot to 400m down plunge
For further information please visit: https://www.sirengold.com.au/site/content/
