Siren Gold Taps Zane Padman to Drive Sams Creek Growth
Siren Gold has appointed seasoned mining executive Zane Padman as CEO, signaling a strategic push to unlock the potential of its Sams Creek gold project. This leadership change aims to accelerate development amid strong market conditions for gold and antimony.
- Zane Padman appointed CEO with 15+ years mining experience
- Brian Rodan steps back to Non-Executive Chairman role
- Focus on advancing Sams Creek gold project in New Zealand
- Employment package includes $300,000 salary plus performance incentives
- Padman’s background includes operational leadership at Westgold Resources
Leadership Transition at Siren Gold
Siren Gold Limited (ASX, SNG) has announced the appointment of Zane Padman as its new Chief Executive Officer, effective 4 August 2025. This move marks a significant leadership transition, with Brian Rodan reverting from his interim Managing Director role back to Non-Executive Chairman. Rodan, the company’s founder and major shareholder, remains closely involved as Siren positions itself for the next phase of growth.
A Proven Track Record in Mining Operations
Padman brings over 15 years of experience in geology and mining operations, having held senior roles that span exploration, open pit and underground mining, and operational management. Notably, he served as General Manager – Operations at Westgold Resources’ Meekatharra Gold Operations, where he led transformative initiatives including mine expansion and infrastructure upgrades. His expertise in revitalising mining assets and delivering operational excellence aligns well with Siren’s ambitions.
Strategic Focus on Sams Creek
The appointment comes as Siren intensifies its focus on the Sams Creek gold project in New Zealand, a standout asset among junior explorers due to its scale and grade potential. Padman highlighted the project’s extensive mineralised dyke, traced over 7 kilometres, and compared its potential to significant gold systems he has previously worked on, such as Big Bell and Bluebird/South Junction. With gold and antimony prices at record highs, the timing could not be better for Siren to advance its exploration and development efforts.
Incentives Aligned with Long-Term Value Creation
Padman’s employment terms include a fixed annual remuneration of $300,000, supplemented by a structured package of performance rights and options. These incentives vest over three years, aligning his interests with the company’s long-term growth and shareholder value creation. The Board expressed confidence that Padman’s pragmatic and technically grounded approach will be instrumental in unlocking the full potential of Sams Creek and progressing it toward development.
Outlook for Siren Gold
As Siren Gold embarks on this new chapter under Padman’s leadership, the company is well-positioned to capitalize on favourable market conditions and a supportive mining jurisdiction in New Zealand. The leadership change signals a clear strategic intent to move beyond exploration and towards project execution, with an emphasis on operational discipline and value delivery.
Bottom Line?
Padman’s appointment sets the stage for Siren Gold’s next growth phase, but execution risks remain as the Sams Creek project advances.
Questions in the middle?
- How quickly can Padman translate his operational experience into tangible progress at Sams Creek?
- What exploration milestones or resource updates can investors expect under the new leadership?
- Will Siren Gold pursue additional capital raising or partnerships to accelerate project development?
