Sienna More Than Doubles its Acreage Bordering Cameco Corporation in the Athabasca Basin of Saskatchewan
Sienna Resources Inc. (SNNAF) has significantly expanded its uranium projects in Saskatchewan's Athabasca Basin. The company has more than doubled its acreage on the Dragon Uranium Project, now consisting of 23,134 contiguous acres directly bordering Cameco Sienna has also increased its landholdings in a new gold mining camp, bordering Ramp Minerals Inc. in Saskatchewan, with approximately 18,350 contiguous acres on the Stonesthrow Gold Project.
Additionally, Sienna acquired the Case Lake West Cesium and Spodumene Pegmatite Project in Ontario, covering about 2,200 contiguous acres. The company is developing plans for these projects amid high gold prices and renewed interest in uranium. Sienna's president, Jason Gigliotti, expressed optimism about the company's growth prospects in these strategic locations.
Sienna Resources Inc. (SNNAF) ha ampliato notevolmente i suoi progetti di uranio nel bacino di Athabasca, in Saskatchewan. L'azienda ha più che raddoppiato la sua superficie nel Dragon Uranium Project, che adesso consiste in 23.134 acri contigui che confinano direttamente con Cameco. Sienna ha inoltre aumentato le sue partecipazioni terriere in un nuovo campo minerario d'oro, confinante con Ramp Minerals Inc. in Saskatchewan, con circa 18.350 acri contigui nel Stonesthrow Gold Project.
In aggiunta, Sienna ha acquisito il Case Lake West Cesium and Spodumene Pegmatite Project in Ontario, che copre circa 2.200 acri contigui. L'azienda sta sviluppando piani per questi progetti in un contesto di alti prezzi dell'oro e rinnovato interesse per l'uranio. Il presidente di Sienna, Jason Gigliotti, ha espresso ottimismo riguardo alle prospettive di crescita dell'azienda in queste località strategiche.
Sienna Resources Inc. (SNNAF) ha ampliado significativamente sus proyectos de uranio en la cuenca de Athabasca, en Saskatchewan. La empresa ha más que duplicado su superficie en el Dragon Uranium Project, que ahora consiste en 23,134 acres contiguos que limitan directamente con Cameco. Sienna también ha incrementado sus terrenos en un nuevo campamento minero de oro, limitando con Ramp Minerals Inc. en Saskatchewan, con aproximadamente 18,350 acres contiguos en el Stonesthrow Gold Project.
Además, Sienna adquirió el Case Lake West Cesium and Spodumene Pegmatite Project en Ontario, que cubre aproximadamente 2,200 acres contiguos. La empresa está desarrollando planes para estos proyectos en medio de altos precios del oro y un renovado interés en el uranio. El presidente de Sienna, Jason Gigliotti, expresó optimismo sobre las perspectivas de crecimiento de la empresa en estas ubicaciones estratégicas.
Sienna Resources Inc. (SNNAF)는 사스캐처원주 아사바스카 분지에서 우라늄 프로젝트를 크게 확장했습니다. 이 회사는 Dragon Uranium Project에서 면적을 두 배 이상 늘려 현재 23,134 에이커의 인접한 토지를 보유하고 있으며, 이는 Cameco와 직접 인접해 있습니다. Sienna는 사스캐처원주에 있는 Ramp Minerals Inc.와 인접한 새로운 금 광산 캠프에서도 약 18,350 에이커의 인접한 토지를 확보했습니다.
또한, Sienna는 온타리오주 Case Lake West Cesium and Spodumene Pegmatite Project를 인수하여 약 2,200 에이커의 인접한 토지를 커버하고 있습니다. 이 회사는 높은 금 가격과 우라늄에 대한 재발견된 관심 속에서 이러한 프로젝트에 대한 계획을 개발하고 있습니다. Sienna의 사장인 Jason Gigliotti는 이러한 전략적 위치에서 회사의 성장 전망에 대해 낙관적인 견해를 표명했습니다.
Sienna Resources Inc. (SNNAF) a considérablement élargi ses projets d'uranium dans le bassin d'Athabasca, en Saskatchewan. L'entreprise a plus que doublé sa superficie sur le Dragon Uranium Project, qui compte désormais 23 134 acres contigus bordant directement Cameco. Sienna a également augmenté ses terrains dans un nouveau camp minier d'or, jouxtant Ramp Minerals Inc. en Saskatchewan, avec environ 18 350 acres contigus sur le Stonesthrow Gold Project.
De plus, Sienna a acquis le Case Lake West Cesium and Spodumene Pegmatite Project en Ontario, couvrant environ 2 200 acres contigus. L'entreprise élabore des plans pour ces projets dans un contexte de prix de l'or élevés et d'un regain d'intérêt pour l'uranium. Le président de Sienna, Jason Gigliotti, a exprimé son optimisme quant aux perspectives de croissance de l'entreprise dans ces localités stratégiques.
Sienna Resources Inc. (SNNAF) hat ihre Uranprojekte im Athabasca-Becken in Saskatchewan erheblich erweitert. Das Unternehmen hat seine Fläche im Dragon Uranium Project mehr als verdoppelt und verfügt nun über 23,134 zusammenhängende Acres, die direkt an Cameco grenzen. Sienna hat auch seine Ländereien in einem neuen Goldminenlager, das an Ramp Minerals Inc. in Saskatchewan angrenzt, mit etwa 18,350 zusammenhängenden Acres im Stonesthrow Gold Project vergrößert.
Zusätzlich erwarb Sienna das Case Lake West Cesium and Spodumene Pegmatite Project in Ontario, das etwa 2,200 zusammenhängende Acres umfasst. Das Unternehmen entwickelt Pläne für diese Projekte angesichts hoher Goldpreise und eines erneuten Interesses an Uran. Der Präsident von Sienna, Jason Gigliotti, äußerte Optimismus über die Wachstumsaussichten des Unternehmens an diesen strategischen Standorten.
- Doubled acreage on Dragon Uranium Project to 23,134 contiguous acres bordering Cameco
- Increased landholdings on Stonesthrow Gold Project to 18,350 contiguous acres bordering Ramp Metals Inc.
- Acquired 2,200-acre Case Lake West Cesium and Spodumene Pegmatite Project in Ontario
- Expanded presence in strategic locations for uranium and gold exploration
- None.
Vancouver, British Columbia--(Newsfile Corp. - August 20, 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 (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 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 (TSXV: 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.
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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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220503
FAQ
How much acreage does Sienna Resources now have on the Dragon Uranium Project?
What is the size of Sienna Resources' Stonesthrow Gold Project in Saskatchewan?
Has Sienna Resources (SNNAF) acquired any new projects in 2024?
What major company does Sienna Resources' Dragon Uranium Project border in the Athabasca Basin?
