Australia's Siren Gold climbs on NZ project buyout from Sandfire Resources

Siren Gold

03/06/2022 02:17

** Shares of Siren Gold  SNG.AX  climb as much as 5.7% to
A$0.37, set to mark their best day since May 30, if gains hold
    ** Co says it has entered deal to acquire the Sams Creek
gold project in New Zealand from Sandfire Resources  SFR.AX 
 urn:newsml:reuters.com:*:nASX2TgGsF
    ** Says A$250,000 ($181,400) will be required to acquire
stake in the three tenements within the project
    ** Co says the project has extensive gold mineralisation,
which extends for over seven kilometres and is open at depth
    ** Stock up 22.8% YTD, as of last close 
    



($1 = 1.3782 Australian dollars)

 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))