Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Investing

Bonanza Gold and Antimony Grades Confirmed at Langdons

by January 18, 2024
January 18, 2024
Bonanza Gold and Antimony Grades Confirmed at Langdons

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

Highlights

Siren’s maiden fieldwork at the Langdons prospect has recorded bonanza gold and antimony grades at surface of up to 506g/t Au and 9.3% Sb.Langdons is a more recent tenement application and contains a number of high-grade Au-Sb reefs, that were mined historically with a recovered grade of 60g/t Au.Early reported historical mining grades at Langdon were up to 2,610g/t Au and 1,120g/t Ag.A trench across the Liberty reef 300m along strike from the historic Langdons’ antimony mine returned 1.75m @ 4.5g/t Au.Anomalous gold, stibnite and arsenic soil geochemistry extends over an additional 400m of strike length with several mapped quartz reefs.The high grade system extends to the edge of the overlying cover and it is expected that the mineralisation will continue under the cover.

Executive Chairman Brian Rodan commented:

“These bonanza results confirm high grade gold and antimony mineralisation at Langdons and importantly, complement the existing high-grade gold and antimony Resource at Auld Creek.

This fieldwork confirms Langdons has the potential to be a second high grade gold and antimony project at Reefton and demonstrates the significant potential of antimony and gold mineralisation throughout the entire Reefton field”.

Background

The Langdons prospecting permit (PP 60893) is located in the Paporoa goldfield, approximately 50km SW of Reefton (Figure 1). The Greenland Group rocks that host the mineralisation in the Reefton goldfield also outcrop in a NE trending belt, 25kms to the west. This belt of Greenland Group rocks hosts the historical Langdons and Croesus gold and antimony mines (Figure 2).

The reefs in the Paporoa goldfield strike WNW-ESE and dip shallowly to moderately to the north and south. This differs from the Reefton Goldfield where the reefs strike N-S. In both instances the reefs are parallel to the fold axis, indicating that the Paparoa block has been rotated ~90o.

The Langdons PP area contains a relatively small exposure (5kms long by 1km wide block) of the Greenland Group, which is unconformably overlain by late cretaceous Paporoa Coal Measures that host a number of open cut coal mines approximately 65kms to the north (Figure 3).

The unconformity surface is exposed at the head of the west branch of Langdons Creek and dips to the SW at 20-30o sub-parallel to the regional dip of the coal measures and topography. Greenland Group rocks are exposed to the NW of the unconformity and indicate that the sediments may only be a thin veneer overlying the Greenland Group.

The main targets within the PP are a number of outcropping reefs at Langdons (Figure 4), but other mineralised Greenland Group rocks could be hidden under the cover to the west.

The prospecting permit was granted for two years on 25 May 2023 and the Department of Conservation (DoC) granted access on 1 November 2023.

Click here for the full ASX Release

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Cosa Enters into Agreement to Acquire the Titan Uranium Project, Athabasca Basin, Saskatchewan
next post
Top 8 Lithium Stocks

Related Posts

Adrian Day: Soft Landing Won’t Happen, Look to...

November 14, 2023

Canaccord Global Mining Conference Presentation

May 21, 2025

Oil and Gas Price Update: Q1 2025 in...

April 24, 2025

Heritage Mining Announces Closing of the Second Tranche...

June 21, 2023

Toggle3D.ai Integrates With Sketchfab Offering New Unlimited AI-Generated...

August 19, 2023

Indicator Minerals in Gold Exploration (Updated 2024)

April 24, 2024

Highlights from NVIDIA’s GTC 2025 Keynote

March 22, 2025

Lancaster Resources CEO Provides Comprehensive Update and Future...

October 31, 2023

Endeavour Achieves First Gold Pour at Sabodala-Massawa Expansion

May 1, 2024

Could the Silver Price Really Hit US$100 per...

November 28, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • How I Triple My Returns With 3x Leveraged ETFs!

    • How to Find Compelling Charts in Every Sector

    • EVs Now Emit 73 percent Less Than Gasoline Cars Over Their Lifetime, Says ICCT Study

    • Cygnus Metals Limited: Issue of Performance Rights

    • FPX Nickel Announces Share-Based Compensation Grant

    • Blue Lagoon Resources Officially Opens Dome Mountain Gold Mine in British Columbia

    Categories

    • Business (1,287)
    • Investing (2,662)
    • Politics (3,699)
    • Stocks (1,711)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved