RETRANSMISSION: Sienna More Than Doubles its Acreage Bordering Cameco Corporation in the Athabasca Basin of Saskatchewan
Sienna Resources has expanded its Dragon Uranium Project in the Athabasca Basin to 23,134 acres. This area directly borders Cameco , a leading player in uranium production. The Athabasca Basin is known for high-grade uranium deposits. Sienna also increased its acreage in the Stonesthrow Gold Project to approximately 18,350 acres, which borders Ramp Metals Inc. Sienna is optimistic about the prospects, especially with renewed interest in uranium and gold at all-time highs.
Additionally, Sienna recently acquired the Case Lake West Cesium and Spodumene Pegmatite Project in Ontario, covering 2,200 acres. This project is adjacent to Power Metals Corp's cesium discovery. Sienna is also a significant landholder in the Clayton Valley, Nevada, a key lithium production area.
Sienna's management cautions that past results from neighboring properties may not indicate similar findings on their own projects. However, they are optimistic about growth opportunities for both short and long terms.
Sienna Resources ha ampliato il suo progetto Dragon Uranium nella regione di Athabasca a 23.134 acri. Questa area confina direttamente con Cameco, un attore di spicco nella produzione di uranio. La regione di Athabasca è nota per i suoi depositi di uranio di alta qualità. Sienna ha anche aumentato la sua superficie nel progetto Stonesthrow Gold a circa 18.350 acri, che confina con Ramp Metals Inc. Sienna è ottimista riguardo alle prospettive, soprattutto con il rinnovato interesse per l'uranio e l'oro a livelli storicamente elevati.
Inoltre, Sienna ha recentemente acquisito il progetto Case Lake West Cesium e Pegmatite di Spodumene in Ontario, che copre 2.200 acri. Questo progetto è adiacente alla scoperta di cesio della Power Metals Corp. Sienna è anche un importante proprietario terriero nel Clayton Valley, Nevada, una zona chiave per la produzione di litio.
La direzione di Sienna avverte che i risultati passati delle proprietà vicine potrebbero non indicare scoperte simili nei propri progetti. Tuttavia, sono ottimisti riguardo alle opportunità di crescita sia a breve che a lungo termine.
Sienna Resources ha ampliado su Proyecto de Uranio Dragon en la Cuenca de Athabasca a 23.134 acres. Esta área limita directamente con Cameco, un actor principal en la producción de uranio. La Cuenca de Athabasca es conocida por sus depósitos de uranio de alta ley. Sienna también aumentó su superficie en el Proyecto de Oro Stonesthrow a aproximadamente 18.350 acres, que colinda con Ramp Metals Inc. Sienna es optimista acerca de las perspectivas, especialmente con el renovado interés en el uranio y el oro en niveles históricos.
Además, Sienna adquirió recientemente el Proyecto de Cesio y Espodumeno de Case Lake West en Ontario, que abarca 2.200 acres. Este proyecto es adyacente al descubrimiento de cesio de Power Metals Corp. Sienna también es un importante propietario de tierras en Clayton Valley, Nevada, una zona clave para la producción de litio.
La dirección de Sienna advierte que los resultados pasados de propiedades vecinas pueden no indicar hallazgos similares en sus propios proyectos. Sin embargo, son optimistas con respecto a las oportunidades de crecimiento tanto a corto como a largo plazo.
Sienna Resources는 Athabasca 분지의 Dragon Uranium 프로젝트를 23,134 에이커로 확장했습니다. 이 지역은 우라늄 생산의 주요 기업인 Cameco와 직접 접해 있습니다. Athabasca 분지는 고급 우라늄 매장지로 알려져 있습니다. Sienna는 Ramp Metals Inc.와 접경하는 Stonesthrow Gold 프로젝트의 면적도 약 18,350 에이커로 늘렸습니다. Sienna는 역사적인 최고치에 도달한 우라늄과 금에 대한 renewed 관심으로 인해 전망에 대해 낙관적입니다.
또한 Sienna는 최근 2,200 에이커를 커버하는 Ontario의 Case Lake West Cesium 및 Spodumene Pegmatite 프로젝트를 인수했습니다. 이 프로젝트는 Power Metals Corp의 세슘 발견과 인접해 있습니다. Sienna는 또한 네바다의 Clayton Valley에서 리튬 생산의 중요한 토지 소유자입니다.
Sienna의 경영진은 인근 부동산의 과거 결과가 자사 프로젝트에서 유사한 발견을 나타내지 않을 수 있다고 경고합니다. 그러나 그들은 단기와 장기 모두에서 성장 기회에 대해 낙관적입니다.
Sienna Resources a élargi son projet Dragon Uranium dans le bassin d'Athabasca à 23 134 acres. Cette zone borde directement Cameco, un acteur majeur de la production d'uranium. Le bassin d'Athabasca est connu pour ses gisements d'uranium de haute qualité. Sienna a également augmenté sa superficie dans le projet Stonesthrow Gold à environ 18 350 acres, qui est adjacent à Ramp Metals Inc. Sienna est optimiste quant aux perspectives, notamment avec un regain d'intérêt pour l'uranium et l'or à des niveaux historiques.
De plus, Sienna a récemment acquis le projet Case Lake West Cesium et Spodumene Pegmatite en Ontario, couvrant 2 200 acres. Ce projet est adjacent à la découverte de césium de Power Metals Corp. Sienna est aussi un important propriétaire foncier dans le Clayton Valley, au Nevada, une zone clé pour la production de lithium.
La direction de Sienna avertit que les résultats passés des propriétés voisines peuvent ne pas indiquer des découvertes similaires dans leurs propres projets. Cependant, ils sont optimistes quant aux opportunités de croissance à court et à long terme.
Sienna Resources hat sein Dragon Uranium Projekt im Athabasca-Becken auf 23.134 Acres erweitert. Dieses Gebiet grenzt direkt an Cameco, einen führenden Akteur in der Uranproduktion. Das Athabasca-Becken ist bekannt für hochwertige Uranvorkommen. Sienna hat auch seine Fläche im Stonesthrow Gold Projekt auf etwa 18.350 Acres erhöht, das an Ramp Metals Inc. grenzt. Sienna zeigt sich optimistisch hinsichtlich der Perspektiven, insbesondere mit dem erneuerten Interesse an Uran und Gold auf Rekordhöhen.
Zusätzlich hat Sienna kürzlich das Case Lake West Cesium und Spodumene Pegmatit Projekt in Ontario erworben, das 2.200 Acres umfasst. Dieses Projekt liegt benachbart zu der Cesium-Entdeckung von Power Metals Corp. Sienna ist zudem ein bedeutender Landeigentümer im Clayton Valley, Nevada, einem wichtigen Bereich für die Lithium-Produktion.
Das Management von Sienna warnt, dass frühere Ergebnisse benachbarter Grundstücke möglicherweise keine ähnlichen Ergebnisse in ihren eigenen Projekten anzeigen. Sie sind jedoch optimistisch bezüglich der Wachstumschancen sowohl auf kurze als auch auf lange Sicht.
- Sienna Resources more than doubled its uranium project acreage to 23,134 acres in the Athabasca Basin.
- The company also increased its Stonesthrow Gold Project acreage to approximately 18,350 acres.
- Recent acquisition of Case Lake West project covering 2,200 acres, prospective for cesium and spodumene.
- Sienna is one of the larger landholders in the Clayton Valley, a key lithium production region.
- None.
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2024) - Sienna Resources Inc. (TSXV: SIE) (OTC Pink: SNNAF) (FSE: A1XCQ0) ("Sienna" or the "Company") is pleased to announce that it has more than doubled its acreage on the Dragon Uranium Project directly bordering Cameco Corporation (CCO) in the world-class uranium district of the Athabasca Basin. This project now consists of 23,134 contiguous acres. 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. Management is formulating plans for the Athabasca Basin Uranium projects.
Jason Gigliotti, President of Sienna Resources Inc., stated, "We are very pleased to significantly increase our acreage directly bordering Cameco Corporation (CCO.t) in the Athabasca Basin. The Athabasca Basin is world renowned as the world's highest grade uranium district and home to many of the world's largest and highest grade uranium discoveries. There has been a renewed interest in uranium recently as the USA's first new major uranium project in 30 years has just come on line in Georgia. Sienna also just increased its landholdings bordering Ramp Minerals Inc in Saskatchewan. Sienna is one of the larger landholders in this exciting new gold mining camp and with Eric Sprott taking a major stake in the area it shows the promises of this new 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."
Recently (July 22, 2024), Sienna 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 just announced a strategic investment led by Eric Sprott for the drilling of this prospect. 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.
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
About Sienna Resources Inc.
Sienna has acquired the "Stonesthrow Gold Project", consisting of approximately 18,350 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, 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 recently expanded the "Elko Lithium Project" in Elko County, Nevada. This project consists of approximately 1840 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 through its new venture, NeoLith Energy in a strategic partnership with Pure Energy. 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.
This new acreage was acquired via staking.
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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