Sienna Resources Receives Drill Permit on the "Case Lake West Cesium and Spodumene Pegmatite Project" in Ontario Bordering Power Metals Corp.'s Cesium deposit
Sienna Resources (SNNAF) has received a drill permit for its 100% owned Case Lake West Cesium and Spodumene Pegmatite Project in Ontario, which borders Power Metals Corp's property. The Case Lake area is considered highly prospective for cesium in North America.
The adjacent Power Metals' Case Lake Cesium Project has shown impressive results, including high-grade mineralization with up to 20.67% Cesium Oxide and tantalum grades reaching 5328ppm. Power Metals' shares have increased 85% in the past 12 trading days based on their Case Lake deposit news.
Sienna plans to commence drilling shortly, marking their first drill program in some time. The company has recently expanded its portfolio, including the 31,718-acre Stonesthrow Gold Project, the 7,850-acre Case Lake West Project, and significant uranium properties in the Athabasca Basin of Saskatchewan.
Sienna Resources (SNNAF) ha ricevuto un permesso di perforazione per il suo progetto Case Lake West Cesium e Spodumene Pegmatite, di cui detiene il 100%, in Ontario, che confina con la proprietà della Power Metals Corp. L'area di Case Lake è considerata altamente promettente per il cesio in Nord America.
Il progetto Case Lake Cesium della Power Metals, adiacente, ha mostrato risultati impressionanti, inclusa una mineralizzazione di alta qualità con fino al 20,67% di ossido di cesio e gradi di tantalio che raggiungono 5328ppm. Le azioni di Power Metals sono aumentate dell'85% negli ultimi 12 giorni di trading, grazie alle notizie sul loro giacimento di Case Lake.
Sienna prevede di iniziare le perforazioni a breve, segnando il loro primo programma di perforazione dopo un po' di tempo. L'azienda ha recentemente ampliato il proprio portafoglio, includendo il progetto Stonesthrow Gold di 31.718 acri, il progetto Case Lake West di 7.850 acri e significative proprietà di uranio nel bacino di Athabasca, in Saskatchewan.
Sienna Resources (SNNAF) ha recibido un permiso de perforación para su proyecto Case Lake West Cesium y Spodumene Pegmatite, del cual posee el 100%, en Ontario, que limita con la propiedad de Power Metals Corp. Se considera que el área de Case Lake es altamente prometedora para el cesio en América del Norte.
El proyecto Case Lake Cesium de Power Metals, adyacente, ha mostrado resultados impresionantes, incluida una mineralización de alta ley con hasta 20,67% de óxido de cesio y grados de tantalio que alcanzan 5328ppm. Las acciones de Power Metals han aumentado un 85% en los últimos 12 días de negociación, basándose en las noticias de su depósito de Case Lake.
Sienna planea comenzar la perforación en breve, marcando su primer programa de perforación en algún tiempo. La empresa ha ampliado recientemente su cartera, incluyendo el proyecto Stonesthrow Gold de 31,718 acres, el proyecto Case Lake West de 7,850 acres y propiedades significativas de uranio en la cuenca de Athabasca en Saskatchewan.
시에나 리소스(SNNAF)는 온타리오에 위치한 100% 소유의 케이스 레이크 웨스트 세슘 및 스포듐네이트 페그마타이트 프로젝트에 대한 드릴 허가를 받았습니다. 이 프로젝트는 파워 메탈스 Corp의 소유지와 인접해 있습니다. 케이스 레이크 지역은 북미에서 세슘이 매우 유망한 곳으로 여겨집니다.
인접한 파워 메탈스의 케이스 레이크 세슘 프로젝트는 20.67% 세슘 산화물 및 5328ppm에 이르는 탄탈럼 등급을 포함하여 인상적인 결과를 보여주었습니다. 파워 메탈스의 주가는 케이스 레이크 매장량 관련 뉴스에 기반하여 지난 12거래일 동안 85% 상승했습니다.
시에나는 곧 드릴링을 시작할 계획이며, 이는 그들의 첫 드릴 프로그램이 될 것입니다. 최근에 회사는 31,718 에이커의 스톤스스로우 금 프로젝트, 7,850 에이커의 케이스 레이크 웨스트 프로젝트 및 사스카체완의 아사바스카 분지에 있는 중요한 우라늄 자산을 포함하여 포트폴리오를 확장했습니다.
Sienna Resources (SNNAF) a reçu un permis de forage pour son projet Case Lake West Cesium et Spodumène Pegmatite, dont il détient 100%, en Ontario, qui borde la propriété de Power Metals Corp. La zone de Case Lake est considérée comme très prometteuse pour le césium en Amérique du Nord.
Le projet de césium de Power Metals à Case Lake, adjacent, a montré des résultats impressionnants, y compris une minéralisation de haute qualité avec jusqu'à 20,67% d'oxyde de césium et des teneurs en tantale atteignant 5328ppm. Les actions de Power Metals ont augmenté de 85% au cours des 12 derniers jours de bourse, sur la base des nouvelles concernant leur gisement de Case Lake.
Sienna prévoit de commencer le forage sous peu, marquant leur premier programme de forage depuis un certain temps. L'entreprise a récemment élargi son portefeuille, y compris le projet Stonesthrow Gold de 31 718 acres, le projet Case Lake West de 7 850 acres et des propriétés d'uranium significatives dans le bassin d'Athabasca en Saskatchewan.
Sienna Resources (SNNAF) hat eine Bohrgenehmigung für sein zu 100% im Besitz befindliches Projekt Case Lake West Cesium und Spodumene Pegmatite in Ontario erhalten, das an das Grundstück von Power Metals Corp angrenzt. Das Gebiet Case Lake gilt als sehr vielversprechend für Cäsium in Nordamerika.
Das angrenzende Cäsium-Projekt von Power Metals in Case Lake hat beeindruckende Ergebnisse gezeigt, darunter hochgradige Mineralisierungen mit bis zu 20,67% Cäsiumoxid und Tantalgehalte, die 5328ppm erreichen. Die Aktien von Power Metals sind in den letzten 12 Handelstagen um 85% gestiegen, basierend auf Nachrichten zu ihrem Fall Lake-Vorkommen.
Sienna plant, in Kürze mit den Bohrungen zu beginnen, was ihr erstes Bohrprogramm seit einiger Zeit markiert. Das Unternehmen hat kürzlich sein Portfolio erweitert, einschließlich des 31.718 Acres großen Stonesthrow Goldprojekts, des 7.850 Acres großen Case Lake West Projekts und bedeutender Uranvorkommen im Athabasca-Becken in Saskatchewan.
- Received drill permit for Case Lake West Project adjacent to high-grade cesium property
- Project location in highly prospective cesium region of North America
- Neighboring Power Metals stock up 85% in past 12 trading days
- Significant land position with 7,850 contiguous acres
- No drilling conducted on property for extended period
- Success dependent on future exploration results
- Adjacent property results not indicative of mineralization presence
Vancouver, British Columbia--(Newsfile Corp. - February 14, 2025) - Sienna Resources Inc. (TSXV: SIE) (OTC Pink: SNNAF) (FSE: A1XCQ0) ("Sienna" or the "Company") is pleased to announce that Sienna has received the drill permit on its
Jason Gigliotti, President of Sienna Resources stated, "We are very pleased to receive our drill permit. We want to thank the Ontario Government as well as our First Nations partners on this exciting first step towards a much larger goal of finding a new cesium discovery. We anticipate being able to commence drilling shortly. When you consider that this project directly borders Power Metals Corp, whose shares have increased an amazing
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.
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/240910
FAQ
What grades of cesium oxide were found at the adjacent Power Metals Case Lake property?
How much has Power Metals stock increased since their Case Lake deposit news?
How many acres does Sienna's Case Lake West Cesium Project cover?
When does SNNAF plan to start drilling at Case Lake West?
What is the ownership status of SNNAF's Case Lake West Project?
