Siren Gold : Significant Visible Gold at Alexander River

onlyASX RELEASE 11 March 2022

useASX CODE: SNG

BOARD

Brian Rodan

Managing Director

personalPaul Angus Technical Director

Keith Murray

Non-Executive Director

HEAD OFFICE

Level 2,

41 Ord Street

West Perth WA 6005

t: [phone]

: [e-mail] w: www.sirengold.com.au

For

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Siren Intersects Significant Visible Gold

Siren Gold Limited (ASX: SNG) (Siren or the Company) is pleased to provide an update on its current exploration activities.

Highlights

• Siren Gold intersects significant visible gold (Figure 1) in the deepest hole drilled to date at its Alexander River project.

Figure 1. Significant Visible gold in Alexander drillhole AX84 quartz reef.

• 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.

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• AX84 intersected the McVicar West shoot 100m down plunge from AX80. The intercept comprised 2-3m of strong only acicular arsenopyrite, followed by a 0.6m quartz vein with significant visible gold (Figures 1 and 2). This is the deepest hole drilled at Alexander River to date (Figure 4) and looks very similar to gold in drill core from the Fosterville (Victoria, Australia) and the Queensway (Newfoundland, Canada) epizonal gold deposits (Figure
  3).
• At Bull East AX79 intersected 9m of strong acicular arsenopyrite mineralisation, extending the Bull East shoot to 400m down plunge (Figure 4).

usepersonal

ForFigure 2. Significant Visible gold in Alexander River drillhole AX84 quartz reef in the McVicar West shoot.

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onlyuseFigure 3. Photos - New Found Gold Corp's Queensway Project - Epizonal gold mineralisation in NFGC-21-195and NFGC- 21-202 , Canada (from 9 March 2022 press release).

personalFor

Figure 4. Alexander River schematic Long Section.

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Table 1. Significant Alexander River drilling results.

	Hole ID		Shoot			From (m)	To (m)	Interval	True Thickness	Au (g/t)
													(m)	(m)
	AXDDH008		Bruno East		23.3		28.0		4.7		4.5		2.9
	AXDDH010		McVicar East		28.2		35.0		6.9		5.0		7.3
	AXDDH012		McVicar East		24.0		32.5		8.5		8.0		11.0
	AXDDH016		Bull East			62.0		70.0		8.0		7.0		2.6
	AXDDH018		Bull East			26.0		34.0		8.0		7.0		2.9
								47.0		50.0		3.0		2.5		4.1
	AXDDH024		Bruno East		22.8		24.3		1.5		1.2		11.5
	AXDDH030		Loftus-McKay		52.5		54.3		1.8		1.8		6.7
	AXDDH033		Loftus-McKay		117.0		123.0		5.2		5.2		5.3
	AXDDH034		Loftus-McKay		43.0		46.0		3.0		2.5		10.8
	AXDDH035		Loftus-McKay		46.0		48.0		2.0		2.0		6.1
	AXDDH036		Loftus-McKay		62.7		66.0		3.3		3.0		7.0
								30.0		32.0		2.0		2.0		26.8
	AXDDH047		Loftus-McKay		56.0		61.0		5.0		3.5		9.1
				incl			56.0		57.6		1.6		1.1		27.9
	AXDDH049		McVicar West		198.5		202.6		4.1		4.1		10.6
	AXDDH050		Loftus-McKay		4.2		26.0		21.8		21.8		2.3
				incl			4.2		12.0		7.8		7.8		4.3
	AXDDH055		McVicar West		214.6		217.0		2.4		2.4		7.0
	AXDDH059		Bull East			127.0		134.4		7.4		6.0		3.3
	AXDDH060		McVicar West		221.0		223.4		2.4		2.4		5.8
	AXDDH063		McVicar West		261.1		272.0		9.9		9.9		6.4
				incl			264.1		269.0		4.9		4.9		12.0
				incl			264.1		264.8		0.7		0.7		43.1
	AXDDH065		McVicar West		225.0		234.0		9.0		8.5		1.8
				incl			226.0		231.0		5.0		4.5		2.8
	AXDDH066		McVicar East		58.0		67.0		7.8		7.8		2.6
	AXDDH068						373.0		348.1		11.1		8.5		1.7
				incl			375.0		380.0		5.0		4.0		2.2
	AXDDH074						312.8		315.5		2.8		2.5		6.6
													1.6		1.5		11.0
								Table 2. Alexander Drillhole Statistics.
	Hole No.		Hole ID		Pad No.		Easting		Northing		Dip/Azimuth		Total Depth
																	(m)
	1		AXDDH008			8		1513206		5312727		-60/320		96.7
	2		AXDDH009			8		1513206		5312727		-82/320		110.0
	3		AXDDH010			5		1512936		5312598		-60/320		61.2
	4		AXDDH011			5		1512936		5312598		-85/320		70.3
	5		AXDDH012			5		1512936		5312598		-50/320		35.5
	6		AXDDH013			6		1512989		5312639		-60/320		52.8
	7		AXDDH014			6		1512989		5312639		-85/320		84.6
	8		AXDDH015			6		1512989		5312639		-75/320		94.0
	9		AXDDH016			4		1512861		5312540		-65/290		76.5
	10		AXDDH017			4		1512861		5312540		-90/290		122.5

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11

AXDDH018

3

1512737

5312498

-90/300

69.6

only	12	AXDDH019	3	1512737	5312498	-60/300	47.1
	13	AXDDH020	1	1512692	5312438	-60/300	64.2
	14	AXDDH021	1	1512692	5312438	-82/300	85.6
	15	AXDDH022	7	1513130	5312673	-60/320	74.2
	16	AXDDH023	7	1513130	5312673	-75/320	112.0
	17	AXDDH024	9	1513270	5312764	-90/000	45.3
use
18	AXDDH025	9	1513270	5312764	-60/155	70.3
19	AXDDH026	10	1513331	5312814	-90/000	51.2
	20	AXDDH027	12	1513385	5312992	-65/110	89.4
	21	AXDDH028	12	1513385	5312992	-85/110	117.6
	22	AXDDH029	12	1513385	5312992	-90/000	157.0
	23	AXDDH030	12	1513385	5312992	-52/110	96.5
personal	24	AXDDH031	13	1513426	5313038	-90/000	49.0
25	AXDDH032	32	1512775	5312427	-63/320	156.1
	26	AXDDH033	32	1512775	5312427	-55/320	130.0
	27	AXDDH034	13	1513426	5313038	-72/290	88.0
	28	AXDDH035	27	1513420	5313093	-60/115	68.0
	29	AXDDH036	27	1513420	5313093	-90/000	82.5
	30	AXDDH037	27	1513420	5313093	-74/290	156.3
	31	AXDDH038	29	1513463	5313225	-70/110	33.9
	32	AXDDH039	29	1513463	5313225	-70/290	165.0
	33	AXDDH040	38	1513320	5312638	-66/320	119.3
	34	AXDDH041	38	1513320	5312638	-50/320	238.5
	35	AXDDH042	29	1513463	5313225	-90/000	85.7
	36	AXDDH043	29	1513463	5313225	-60/110	75.0
For	37	AXDDH044	38	1513320	5312638	-70/320	343.0
38	AXDDH045	28	1513454	5313172	-90/000	42.3
	39	AXDDH046	40	1513215	5312885	-64/154	235.0
	40	AXDDH047a	28	1513454	5313172	-68/320	10.0
	41	AXDDH047b	28	1513454	5313172	-75/320	94.8
	42	AXDDH048	40	1513215	5312885	-74/177	355.1
	43	AXDDH049	40	1513215	5312885	-54/170	280.8
	44	AXDDH050	28	1513454	5313172	-55/110	40.6
	45	AXDDH051	45	1513452	5313288	-60/120	137.6
	46	AXDDH052	40	1513215	5312885	-65/345	281.2
	47	AXDDH053	45	1513452	5313288	-85/120	86.1
	48	AXDDH054	40	1513215	5312885	-63/167	37.0

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