Applies for Drill Permit on the "Case Lake West Cesium and Spodumene Pegmatite Project" in Larder Lake Mining division of Ontario
Sienna Resources (SNNAF) has applied for a drill permit for its Case Lake West Cesium and Spodumene Pegmatite Project in Ontario's Larder Lake Mining division. The company expects to begin operations immediately upon permit approval. The project area, approximately 100 km north of Kirkland Lake, consists of 7,850 contiguous acres prospective for Cesium and Spodumene Pegmatites. The Case Lake area is considered one of North America's most promising regions for Cesium. The company confirms having sufficient cash reserves to proceed with its maiden drill program.
Sienna Resources (SNNAF) ha presentato una richiesta di permesso di perforazione per il suo Progetto Pegmatite di Cesio e Spodumene di Case Lake West nella divisione mineraria di Larder Lake in Ontario. L'azienda prevede di avviare le operazioni immediatamente dopo l'approvazione del permesso. L'area del progetto, situata a circa 100 km a nord di Kirkland Lake, comprende 7.850 acri contigui potenzialmente ricchi di pegmatiti di Cesio e Spodumene. L'area di Case Lake è considerata una delle regioni più promettenti del Nord America per il Cesio. L'azienda conferma di avere riserve di liquidità sufficienti per procedere con il suo programma di perforazione iniziale.
Sienna Resources (SNNAF) ha solicitado un permiso de perforación para su Proyecto de Pegmatita de Cesio y Espodumeno Case Lake West en la división minera de Larder Lake, Ontario. La compañía espera comenzar las operaciones inmediatamente después de la aprobación del permiso. El área del proyecto, ubicada a aproximadamente 100 km al norte de Kirkland Lake, consta de 7,850 acres contiguos prospectivos para pegmatitas de Cesio y Espodumeno. El área de Case Lake se considera una de las regiones más prometedoras de América del Norte para el Cesio. La compañía confirma que tiene suficientes reservas de efectivo para proceder con su programa de perforación inicial.
시에나 리소스 (SNNAF)는 온타리오 라더 레이크 광업 구역에 있는 케이스 레이크 웨스트 세슘 및 스포듐 광맥 프로젝트에 대한 시추 허가를 신청했습니다. 회사는 허가 승인이 즉시 작업을 시작할 것으로 예상하고 있습니다. 프로젝트 지역은 커클랜드 레이크에서 북쪽으로 약 100km 떨어져 있으며, 세슘 및 스포듐 광맥에 대한 잠재성이 있는 7,850에이커의 인접한 면적을 포함하고 있습니다. 케이스 레이크 지역은 북미에서 세슘에 가장 유망한 지역 중 하나로 간주되고 있습니다. 이 회사는 첫 시추 프로그램을 진행할 수 있는 충분한 현금 잔고를 보유하고 있다고 확인했습니다.
Sienna Resources (SNNAF) a demandé un permis de forage pour son Projet de Pegmatite au Césium et Spodumène Case Lake West dans la division minière de Larder Lake, en Ontario. L'entreprise s'attend à commencer les opérations immédiatement après l'approbation du permis. La zone du projet, située à environ 100 km au nord de Kirkland Lake, comprend 7 850 acres contigus à fort potentiel pour les pegmatites de césium et de spodumène. La région de Case Lake est considérée comme l'une des zones les plus prometteuses d'Amérique du Nord pour le césium. L'entreprise confirme disposer de réserves de liquidités suffisantes pour procéder à son programme de forage inaugural.
Sienna Resources (SNNAF) hat einen Antrag auf eine Bohrgenehmigung für ihr Case Lake West Cesium- und Spodumen-Pegmatit-Projekt im Bergbaugebiet Larder Lake in Ontario gestellt. Das Unternehmen erwartet, die Arbeiten sofort nach Genehmigung des Antrags beginnen zu können. Das Projektgebiet, etwa 100 km nördlich von Kirkland Lake gelegen, umfasst 7.850 zusammenhängende Acres, die vielversprechend für Cesium- und Spodumen-Pegmatite sind. Das Gebiet Case Lake wird als eine der vielversprechendsten Regionen Nordamerikas für Cesium betrachtet. Das Unternehmen bestätigt, über ausreichende finanzielle Mittel zu verfügen, um mit seinem ersten Bohrprogramm fortzufahren.
- Ready to commence maiden drill program with available cash reserves
- Strategic location in highly prospective Cesium region
- Large land position with 7,850 contiguous acres
- None.
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2024) - Sienna Resources Inc. (TSXV: SIE) (OTC Pink: SNNAF) (FSE: A1XCQ0 ("Sienna" or the "Company") is pleased to announce that Sienna has made an application for a drill permit in Ontario. We anticipate hearing back on this shortly and expect to commence operations right away. The Case Lake area of Ontario in one of the most highly prospective regions for Cesium in North America. 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 Resources Inc. stated, "We are very excited to look to get our maiden drill program underway on this project. We have the cash in hand and are very optimistic about this project at a time when the market seems to have a renewed upside push. The next few months will be very productive in terms of growth for Sienna Resources Inc."
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About Sienna Resources Inc.
Sienna has significantly increased acreage of the "Stonesthrow Gold Project", consisting now of approximately 31,718 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 7,850 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 now 23,134 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 has the "Elko Lithium Project" in Elko County, Nevada consisting of approximately 1830 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 with a strategic partnership with Pure Energy (TSX.v: PE). On September 10, 2024, SLB announced that the "Nevada demonstration plant integrates direct lithium extraction (DLE), concentration and conversion technologies to sustainably produce lithium at scale with integrated technology solution produces lithium from brine 500 times faster than conventional methods while using significantly less land, water and chemical reagents with a verified results confirm recovery rate of
We seek Safe Harbor.
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.
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Contact Information
Tel: 1.604.646.6900
Fax: 1.604.689.1733
www.siennaresources.com
info@siennaresources.com
"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.
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FAQ
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