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