Drill Contractor Engaged for "Case Lake West Cesium and Spodumene Pegmatite Project" in Ontario Bordering Power Metals Corp.'s Cesium Deposit
Sienna Resources Inc. (SNNAF) has engaged Major Drilling Group International Inc. for its maiden drill program at the Case Lake West Cesium and Spodumene Pegmatite Project in Ontario. The project, spanning approximately 7,850 contiguous acres, directly borders Power Metals Corp.'s property, which recently reported high-grade cesium mineralization up to 20.67% Cesium Oxide.
The Case Lake area is considered one of North America's most prospective regions for cesium. Major Drilling, with extensive geological knowledge of the region, was selected for their familiarity with the Case Lake area. The company plans to commence drilling shortly, working in collaboration with First Nations partners and the Ontario Government.
The announcement comes as Power Metals Corp.'s shares have reportedly increased approximately 300% in February 2025 based on their Case Lake deposit news. The project represents Sienna's first drill program in recent times, marking a significant step in their exploration efforts.
Sienna Resources Inc. (SNNAF) ha ingaggiato Major Drilling Group International Inc. per il suo primo programma di perforazione presso il Case Lake West Cesium and Spodumene Pegmatite Project in Ontario. Il progetto, che si estende su circa 7.850 acri contigui, confina direttamente con la proprietà di Power Metals Corp., che ha recentemente riportato mineralizzazione di cesio di alta qualità fino al 20,67% di Ossido di Cesio.
La zona di Case Lake è considerata una delle regioni più promettenti del Nord America per il cesio. Major Drilling, con una vasta conoscenza geologica della regione, è stata selezionata per la sua familiarità con l'area di Case Lake. L'azienda prevede di iniziare le perforazioni a breve, lavorando in collaborazione con i partner delle Prime Nazioni e il Governo dell'Ontario.
L'annuncio arriva mentre le azioni di Power Metals Corp. hanno riportato un aumento di circa il 300% a febbraio 2025, sulla base delle notizie riguardanti il loro deposito di Case Lake. Il progetto rappresenta il primo programma di perforazione di Sienna negli ultimi tempi, segnando un passo significativo nei loro sforzi di esplorazione.
Sienna Resources Inc. (SNNAF) ha contratado a Major Drilling Group International Inc. para su primer programa de perforación en el Case Lake West Cesium and Spodumene Pegmatite Project en Ontario. El proyecto, que abarca aproximadamente 7,850 acres contiguos, limita directamente con la propiedad de Power Metals Corp., que recientemente informó sobre mineralización de cesio de alta calidad de hasta el 20.67% de Óxido de Cesio.
El área de Case Lake se considera una de las regiones más prometedoras de América del Norte para el cesio. Major Drilling, con un amplio conocimiento geológico de la región, fue seleccionada por su familiaridad con el área de Case Lake. La empresa planea comenzar la perforación en breve, trabajando en colaboración con socios de las Primeras Naciones y el Gobierno de Ontario.
El anuncio llega en un momento en que las acciones de Power Metals Corp. han aumentado aproximadamente un 300% en febrero de 2025, basándose en las noticias sobre su depósito de Case Lake. El proyecto representa el primer programa de perforación de Sienna en tiempos recientes, marcando un paso significativo en sus esfuerzos de exploración.
Sienna Resources Inc. (SNNAF)는 온타리오에 위치한 Case Lake West Cesium and Spodumene Pegmatite Project의 첫 번째 드릴 프로그램을 위해 Major Drilling Group International Inc.를 고용했습니다. 이 프로젝트는 약 7,850 에이커의 인접한 면적을 차지하며, 최근 고품질 세슘 광물화가 최대 20.67% 세슘 산화물로 보고된 Power Metals Corp.의 재산과 직접 접하고 있습니다.
Case Lake 지역은 북미에서 세슘에 가장 유망한 지역 중 하나로 간주됩니다. Major Drilling은 이 지역에 대한 광범위한 지질학적 지식을 바탕으로 Case Lake 지역에 대한 친숙함으로 선택되었습니다. 이 회사는 곧 드릴링을 시작할 계획이며, 원주율 파트너 및 온타리오 정부와 협력하여 작업할 것입니다.
이 발표는 Power Metals Corp.의 주식이 2025년 2월에 Case Lake 매장지 소식에 따라 약 300% 증가한 것으로 보도된 시점에 이루어졌습니다. 이 프로젝트는 Sienna의 최근 드릴 프로그램 중 첫 번째를 나타내며, 탐사 노력에서 중요한 이정표가 됩니다.
Sienna Resources Inc. (SNNAF) a engagé Major Drilling Group International Inc. pour son premier programme de forage au Case Lake West Cesium and Spodumene Pegmatite Project en Ontario. Le projet, s'étendant sur environ 7 850 acres contigus, borde directement la propriété de Power Metals Corp., qui a récemment signalé une minéralisation de césium de haute qualité allant jusqu'à 20,67 % d'oxyde de césium.
La région de Case Lake est considérée comme l'une des zones les plus prometteuses d'Amérique du Nord pour le césium. Major Drilling, avec une vaste connaissance géologique de la région, a été sélectionnée pour sa familiarité avec l'aire de Case Lake. L'entreprise prévoit de commencer le forage sous peu, en collaboration avec des partenaires des Premières Nations et le gouvernement de l'Ontario.
L'annonce intervient alors que les actions de Power Metals Corp. ont apparemment augmenté d'environ 300 % en février 2025, sur la base des nouvelles concernant leur dépôt de Case Lake. Le projet représente le premier programme de forage de Sienna ces derniers temps, marquant une étape significative dans leurs efforts d'exploration.
Sienna Resources Inc. (SNNAF) hat Major Drilling Group International Inc. für sein erstes Bohrprogramm im Case Lake West Cesium and Spodumene Pegmatite Project in Ontario engagiert. Das Projekt erstreckt sich über etwa 7.850 zusammenhängende Acres und grenzt direkt an das Grundstück von Power Metals Corp., das kürzlich eine hochgradige Cesium-Mineralisierung von bis zu 20,67% Cesiumoxid gemeldet hat.
Die Region Case Lake wird als eine der vielversprechendsten in Nordamerika für Cesium angesehen. Major Drilling wurde aufgrund seines umfangreichen geologischen Wissens über die Region ausgewählt, da das Unternehmen mit dem Gebiet von Case Lake vertraut ist. Das Unternehmen plant, in Kürze mit den Bohrungen zu beginnen und arbeitet dabei in Zusammenarbeit mit Partnern der First Nations und der Regierung von Ontario.
Die Ankündigung erfolgt zu einem Zeitpunkt, an dem die Aktien von Power Metals Corp. Berichten zufolge im Februar 2025 um etwa 300% gestiegen sind, basierend auf den Nachrichten über ihr Case Lake-Vorkommen. Das Projekt stellt Siennas erstes Bohrprogramm in jüngster Zeit dar und markiert einen bedeutenden Schritt in ihren Erkundungsbemühungen.
- Strategic location bordering Power Metals' successful cesium property
- Experienced drilling contractor with regional expertise secured
- Project located in highly prospective cesium region
- First Nations and government support secured for drilling program
- No previous drilling or proven mineralization on property
- Success dependent on neighboring property results which may not indicate presence of mineralization
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2025) - Sienna Resources Inc. (TSXV: SIE) (OTC Pink: SNNAF) (FSE: A1XCQ0) ("Sienna" or the "Company") is pleased to announce that Sienna has hired Major Drilling Group International Inc. ('Major') of New Brunswick for the
Jason Gigliotti, President of Sienna Resources stated, "We are very pleased to announce that we have engaged Major Drilling Group International Inc. of New Brunswick for the maiden drill program on our
The 'Case Lake Cesium Project', owned by Power Metals Corp., is a highly prospective lithium, cesium, and tantalum (LCT) project in northeastern Ontario, Canada. Here are some of the highlights:
- High-grade mineralization: Recent drilling programs have consistently confirmed high-grade cesium mineralization, with standout results including up to
20.67% Cesium Oxide (Cs₂O). Exceptional Tantalum grades of up to 5328ppm have also been recorded. - Shallow mineralization: The cesium mineralization is often found at shallow depths, which could make the project more economically viable.
- Multi-element potential: In addition to cesium, the project also contains significant lithium and tantalum mineralization, further enhancing its value.
- World-class asset: The Case Lake project is considered a world-class asset due to the high grades and significant size of the deposit.
- Strategic importance: The project's high-grade cesium and tantalum resources are strategically important for meeting the growing global demand for these critical minerals in advanced technologies.
Overall, the Case Lake Cesium project is a promising project with the potential to become a significant supplier of cesium, lithium, and tantalum.
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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, the now 23,134 contiguous acre "Dragon Uranium Project" bordering Cameco Corporation 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' "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 Silver Peak deposit. This project is also near Tesla Motors Inc.'s Gigafactory in Nevada. On March 18, 2021, Schlumberger New Energy Venture announced the development of a lithium extraction pilot plant with a strategic partnership with Pure Energy. 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.
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.
If you would like to be added to Sienna's email list, please email info@siennaresources.com for information or join our twitter account at @SiennaResources.
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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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242600
FAQ
What are the key details of Sienna Resources' (SNNAF) Case Lake West Project in Ontario?
When will SNNAF begin drilling at the Case Lake West Project?
What are the recent developments at the neighboring Power Metals' Case Lake property?