Siren Gold Seeks another million ounces, with antimony an added bonus
- Siren has just raised $2.6 million to continue progressing its projects at Reefton, Lyell and Sam’s Creek Goldfields on the South Island
- Mr Rodan said the company has progressed quickly, thanks in part to the ease of operating in New Zealand and quick assay turnarounds
- Despite Siren Gold’s success, this month’s share price has been trading at its lowest point since listing, a long way from its peak above 80 cents back in late 2020
- The company will prioritise works at its Auld Creek prospect at the northern end of the Reefton project, which is where the team has identified a critical metal, Antimony, amongst the gold
- More than 80 per cent of the world’s antimony comes from China and Russia, and the price has soared due to demand for antimony for solders, munitions, bearings, flame retardants and batteries
