Sienna Significantly Increases Acreage of Stonesthrow Gold Project in Saskatchewan Bordering Ramp Metals Inc

Jul 19, 2024

SIE Currently trading under .05

Sienna Significantly Increases Acreage of Stonesthrow Gold Project in Saskatchewan Bordering Ramp Metals Inc

 

July 19, 2024, Sienna Resources Inc. (“Sienna” or the “Company”) (SIE—TSX.v, SNNAF—USA, A1XCQ0–Germany) is pleased to announce that it has significantly increased its acreage on the Stonesthrow Gold Project in Saskatchewan now consisting of approximately 18,350 contiguous acres prospective for gold directly bordering Ramp Metals Inc (RAMP). Ramp announced (June 17, 2024) multiple zones of gold mineralization, including 73.55 grams per tonne gold and 19.50 grams per tonne silver. Ramp has also just announced a strategic investment led by Eric Sprott this week. Sienna Resources’ management cautions that past results or discoveries on properties in proximity to Sienna Resources may not necessarily be indicative of the presence of mineralization on the company’s properties.

 

Jason Gigliotti, President of Sienna Resources Inc. stated, “We are very pleased to have significantly increased our acreage directly bordering Ramp Minerals Inc in Saskatchewan. Sienna is one of the larger landholders in this exciting new mining camp and with Eric Sprott taking a major stake in the area it shows the promise of this new and potentially world-class mining district. Sienna management is currently developing plans to move forward on this large sized new gold project at a time when gold is at all-time highs. Sienna is coming into a very active period and management is very optimistic about the short and long term growth drivers in place now.”

 

Sienna, this week entered into a marketing and distribution service agreement with an arm’s-length marketing firm, Hillside Consulting and Media Inc. of Penticton, B.C., to provide digital marketing services, including search engine optimization, pay per click, e-mail, YouTube and social media channels to increase corporate awareness for a term of six months. Sienna also previously entered into a media services agreement with Life Water Media of Sugar Land, Texas., dated Oct. 13, 2023, whereby the services to be provided by Life Water Media will include digital media, marketing strategies, advertising and awareness campaigns. This contract is still in effect and the budget from this agreement is expected to be used throughout the summer.

Recently, (May 23, 2024) Sienna acquired Case Lake West Cesium and Spodumene Pegmatite Project in the Larder Lake Mining division of Ontario, Canada, roughly 100 km north of Kirkland Lake, NE Ontario. This project consists of approximately 2,200 contiguous acres prospective for Cesium and Spodumene Pegmatites directly bordering Power Metals Corp’s (PWM) Case Lake cesium and pegmatite swarm discovery. On May 22, 2024 Power Metals announced “WORLD-CLASS CESIUM RESULTS UP TO 18.13% AT CASE LAKE.” This was very exciting news regarding this growing cesium district. Sienna management cautions that past results or discoveries on properties in proximity to Sienna may not necessarily be indicative of the presence of mineralization on the company’s properties.

RECENT SIENNA NEWS:

Case Lake West Cesium and Spodumene Pegmatite Project

Sienna Acquires the “Case Lake West Cesium and Spodumene Pegmatite Project” in Ontario

May 23, 2024, Sienna Resources Inc. (“Sienna” or the “Company”) (SIE—TSX.v, SNNAF—USA, A1XCQ0–Germany) wishes to announce the acquisition of the new “Case Lake West Cesium and Spodumene Pegmatite Project” in the Larder Lake Mining division of Ontario, Canada, roughly 100 km north of Kirkland Lake, NE Ontario. This project consists of approximately 2,200 contiguous acres prospective for Cesium and Spodumene Pegmatites directly bordering Power Metals Corp’s (PWM) Case Lake cesium and pegmatite swarm discovery. On May 22, 2024 Power Metals announced “WORLD-CLASS CESIUM RESULTS UP TO 18.13% AT CASE LAKE.” This was very exciting news regarding this growing cesium district. Sienna management cautions that past results or discoveries on properties in proximity to Sienna may not necessarily be indicative of the presence of mineralization on the company’s properties.

Jason Gigliotti, President of Sienna states, “Management is pleased to be able to acquire the Case Lake West Cesium and Spodumene Pegmatite Project directly bordering Power Metal’s Case Lake discovery. This area is very active currently and Management is looking to start operations as soon as possible. With the significant announcement by Power Metals on May 22, 2024 of their ‘World-class cesium results…’ Sienna’s management is encouraged by these important results achieved directly bordering our property. Ontario is one of the most well-known mining regions in the world, and we are very pleased to have a large footprint in the heart of it. Management is very optimistic about the remainder of the year and how the overall tenor of the junior market is improving. Sienna has been building a strong portfolio of Canada focused assets in 2024 primarily in Uranium and now for Cesium and Lithium.  Sienna management plans to continue and build on this trend in the future.”

Sienna’s new “Atomic Uranium Project” directly borders Canalaska in this new exciting region

Sienna Acquires the District Scale 50,440 Acre “Atomic Uranium Project” in the Athabasca Basin of Saskatchewan

 

Sienna Resources Inc. (“Sienna” or the “Company”) (SIE—TSX.v, SNNAF—USA, A1XCQ0–Germany) wishes to announce the acquisition of the new district size “Atomic Uranium Project” in the Athabasca Basin of Saskatchewan. The “Atomic Uranium Project” consists of 50,440 contiguous acres bordering Orano and CanAlaska Uranium Ltd.

Jason Gigliotti, President of Sienna states, “Sienna has taken a swift entry into the Uranium space. This new “Atomic Uranium Project” is a district size project in the top uranium address on earth, the Athabasca Basin. This now gives Sienna shareholders exposure to 3 separate uranium projects. Management is currently formulating plans to commence operations on these new uranium projects. Sienna is coming into a very robust news flow cycle. Management’s goal is to build shareholder value by acquiring and working on projects with the highest potential in the most mining friendly jurisdictions. We plan to be very active in the uranium and lithium space and have the cash on hand to execute this game plan.”

Recently Sienna (January 17, 2024) acquired the 10,845 contiguous acre “Dragon Uranium Project” bordering Cameco Corporation (CCO, CCJ) in the Athabasca Basin of Saskatchewan and also (January 23, 2024) the 10,357 acre “Uranium Town Project” bordering Denison Mines Corporation (DML, DNN) in the Athabasca Basin of Saskatchewan.

The Athabasca Basin is home to the highest-grade uranium deposits in the world, which includes the highest grade uranium mine in the world owned by Cameco Corporation. In 2021, the Fraser Institute ranked Saskatchewan as number one in Canada, the second-best jurisdiction globally for mining. Sienna management cautions that past results or discoveries on properties in proximity to Sienna may not necessarily be indicative of the presence of mineralization on the company’s properties.

Sienna also has multiple lithium projects in Nevada. Recently Sienna’s direct neighbour in Elko County Nevada, Surge Battery Metals, announced the highest grade lithium clay resource in the USA. In Clayton Valley, Nevada, Sienna is located in the deepest section of the only producing brine project in the USA, Albemarle’s Silver Peak deposit and also the same brine section where SLB Corp (formerly known as Schlumberger) has spent over 100 million dollars for their Direct Lithium Extaction process.

Sienna plans to use the marketing budget in the coming weeks that was announced October 13, 2023.

RECENT SIENNA NEWS

Sienna Acquires the 10,357 acre “Uranium Town Project” Bordering Denison Mines Corporation in the Athabasca Basin of Saskatchewan. Click for more

About Sienna Resources Inc.

Sienna has acquired the “Stonesthrow Gold Project”, consisting of approximately 13,300 contiguous acres prospective for gold. Sienna has also recently acquired the “Case Lake West Cesium and Spodumene Pegmatite Project” in Larder Lake Mining division of Ontario, Canada roughly 100 km north of Kirkland Lake, NE Ontario.   This project consists of approximately 2,200 contiguous acres prospective for Cesium and Spodumene Pegmatites.  Sienna has also just acquired the 10,357 acre “Uranium Town Project” bordering Denison Mines Corporation (DML, DNN) , the 10,845 contiguous acre “Dragon Uranium Project” bordering Cameco Corporation (CCO, CCJ) and the 55,440 acre “Atomic Uranium Project” in the world renowned Athabasca Basin of Saskatchewan. Also, Sienna recently expanded the “Elko Lithium Project” in Elko County, Nevada. This project consists of approximately 1840 contiguous acres directly bordering Surge Battery Metals’ (NILI) “Nevada North Lithium Project” in Elko County, Nevada who announced the highest grade lithium deposit in the USA.  Sienna is also one of the larger landholders in Clayton Valley Nevada. Sienna’s Clayton Valley projects include the Blue Clay Lithium Project, the Silver Peak South Project, and the Clayton Valley Deep Basin Lithium Project. Clayton Valley is home to the only lithium production in North America, being Albemarle Corp’s (NYSE: ALB) Silver Peak deposit. This project is also near Tesla Motors Inc.’s (Nasdaq: TSLA) Gigafactory in Nevada. On March 18, 2021, Schlumberger New Energy Venture (NYSE: SLB) announced the development of a lithium extraction pilot plant through its new venture, NeoLith Energy in a strategic partnership with Pure Energy (TSX.v: PE). The deployment of the pilot plant will be in Clayton Valley, Nevada, USA. The NeoLith Energy sustainable approach uses a differentiated direct lithium extraction (DLE) process to enable the production of high-purity, battery-grade lithium material while reducing the production time from over a year to weeks. Results from this pilot plant are expected in 2024 and could have a significant impact on the brine prospects within Clayton Valley Nevada as Sienna is located in the deepest section of this brine deposit.

Qualified Person: Mr. Frank Bain, PGeo, a qualified person as defined by National Instrument 43-101 has reviewed and approved the scientific and technical disclosure contained within this news release.

If you would like to be added to Sienna’s email list, please email [email protected] for information or join our twitter account at @SiennaResources.

Contact Information:

Tel: 1.604.646.6900

TF: 1.855.646.6901

Jason Gigliotti

President, Director

Sienna Resources Inc.

Statements in this news release that are not historical facts are forward-looking statements. Forward-looking statements are statements that are not historical, and consist primarily of projections – statements regarding future plans, expectations and developments. Words such as “expects”, “intends”, “plans”, “may”, “could”, “potential”, “should”, “anticipates”, “likely”, “believes” and words of similar import tend to identify forward-looking statements. Forward-looking statements in this news release include uncertainty of exploration and development plans regarding the property; commodity price fluctuations; political or economic instability and regulatory changes; currency fluctuations, the state of the capital markets; uncertainty in the measurement of mineral reserves and resource estimates; the Company’s ability to attract and retain qualified personnel and management; potential labour unrest; reclamation and closure requirements for mineral properties and the availability of capital to fund the Company’s projects, as well as other risks and uncertainties identified under the heading “Risk Factors” in the Company’s continuous disclosure documents filed on SEDAR. You are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. The Company cannot assure you that actual events, performance or results will be consistent with these forward-looking statements, and management’s assumptions may prove to be incorrect. These forward-looking statements reflect current expectations regarding future events and operating performance and speak only as of the date hereof and the Company does not assume any obligation to update forward-looking statements if circumstances or management’s beliefs, expectations or opinions should change other than as required by applicable law. For the reasons set forth above, you should not place undue reliance on forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

 

https://www.siennaresources.com/

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