Sienna Resources Announces Drilling Now Underway on the 'Elko Lithium Project' in Elko County, Nevada

Rhea-AI Summary

Sienna Resources Inc. has commenced drilling on its recently acquired 'Elko Lithium Project' in Elko County, Nevada. The project consists of approximately 1,200 acres bordering Surge Battery Metals' 'Nevada North Lithium Project'. Surge reported high-grade lithium values ranging from 1,000 ppm to 8,070 ppm in its drilling program. Sienna management is optimistic about the potential impact on the company.

Vancouver, British Columbia--(Newsfile Corp. - November 1, 2023) - Sienna Resources Inc. (TSXV: SIE) (OTC Pink: SNNAF) (FSE: A1XCQ0) ("Sienna" or the "Company") is pleased to announce that it has been notified that drilling has now commenced on its recently acquired "Elko Lithium Project" in Elko County, Nevada. This project consists of approximately 1,200 contiguous acres directly bordering Surge Battery Metals' (NILI) "Nevada North Lithium Project" in Elko County, Nevada. According to the news dated September 12, 2023 from Surge, "The first certified analytical results for the 2023 summer drilling program at Surge Battery Metals Inc.'s Nevada North lithium project (NNLP) have returned multiple zones of high values ranging from 1,000 parts per million to 8,070 ppm lithium, the highest grades for exploration to date on the Nevada North Lithium Project." 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, "We are very excited to be drilling again. This project could create a game-changing event for Sienna. We eagerly anticipate what will come from this drill program and the potential impact on Sienna."

 
New Elko County Map
 
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About Sienna Resources Inc.

Sienna has recently acquired the "Elko Lithium Project" in Elko County, Nevada. This project consists of approximately 1200 contiguous acres directly bordering Surge Battery Metals' (NILI) "Nevada North Lithium Project" in Elko County, Nevada. 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 2023 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. One other project Sienna has is the 'Marathon North Platinum-Palladium Property' in Northern Ontario directly bordering Generation Mining Marathon Deposit.

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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/185842

FAQ

What is the name of the company mentioned in the press release?

The company mentioned in the press release is Sienna Resources Inc.

Where is Sienna's 'Elko Lithium Project' located?

Sienna's 'Elko Lithium Project' is located in Elko County, Nevada.

What is the name of the project owned by Surge Battery Metals?

Surge Battery Metals owns the 'Nevada North Lithium Project'.

What were the high-grade lithium values reported by Surge?

Surge reported lithium values ranging from 1,000 ppm to 8,070 ppm.

What is Sienna management's outlook on the drill program?

Sienna management is optimistic about the potential impact of the drill program on the company.