Australia's Siren Gold rises on increased gold resource at NZ project

Siren Gold

17/11/2022 03:48

** Shares of Siren Gold  SNG.AX  jump as much as 11.8% to
A$0.190, their highest level since Nov. 2         
    ** The gold explorer reports increase in size and grade of
gold estimated to be procured from its Sams Creek Gold Project
in New Zealand     
    ** Says updated mineral resource estimate represents a 37.4%
increase in contained ounces and a 16% increase in the grade of
gold
    ** Adds Sams Creek project is open in all directions and has
the potential for increased gold resources from additional
exploration drilling
    **Stock down 40.4% this year, as of last close
 (Reporting by Ayushman Ojha in Bengaluru)
 ((ayushman.ojha@thomsonreuters.com))