SORRENTO RES LTD - SRSLF STOCK NEWS

Sorrento Resources (CSE: SRS) (OTCQB: SRSLF) has expanded its Lord Baron Copper-Gold Project in Newfoundland by staking two additional mineral licenses covering 750 hectares. This expansion increases the project's total size to 6,400 hectares, consolidating Sorrento's strategic position in the Springdale district.

The newly acquired land includes five documented mineral occurrences, three historic shafts, and two areas with minor massive sulphide ore extraction. This expansion provides opportunities for new grassroots discoveries in largely underexplored areas, potentially enhancing the project's value for Sorrento Resources and its shareholders.

Sorrento Resources (CSE: SRS, OTCQB: SRSLF), a Canadian exploration company, has completed the acquisition of a 100% interest in the Lord Baron Project in Newfoundland and Labrador. The transaction involved three purchase agreements, totaling $47,500 in cash and 4,300,000 common shares issued, alongside a 2% net smelter returns royalty for the vendors. The project spans 5,650 hectares with 226 claims across 13 mineral licenses. The acquired shares will be held until November 11, 2024. No finder's fees were required.

Director Alex Bugden remarked that this acquisition positions Sorrento Resources, Firefly Metals, and Vulcan Minerals as key players in the Springdale Peninsula's historic mining district.

Sorrento Resources (CSE: SRS) (OTCQB: SRSLF), a Canadian exploration company, has announced the acquisition of the Lord Baron Project, located in Newfoundland and Labrador. The acquisition includes 13 mineral licenses across 5,650 hectares. This transaction involves three separate agreements: with Wesley Keats, Neal Blackmore, Kluane Capital FZCO, CBN Consulting Corp., and G2B Gold Inc.; Corwin Northcott; and Edge Exploration. The total considerations include $47,500 in cash, 4.3 million common shares, and a 2% net smelter returns royalty. The Project is adjacent to historic mines such as Little Bay, Whalesback, and Little Deer, which have substantial copper and gold production histories. Closing is anticipated by June 19, 2024, pending regulatory approvals.

Sorrento Resources announced an agreement with Gold Hunter Resources to sell 143 mineral claims in Newfoundland, including the Jackson Arm, Silver Mountain, and Taylor's Pond properties.

The deal involves a cash payment of $60,000 and 1,000,000 Gold Hunter common shares.

Completion of the sale is expected in the coming weeks, pending necessary approvals and closing conditions. The properties carry a 2% net smelter returns royalty held by Fair Haven Resources and a 1% NSR held by Gold Hunter, which will be terminated upon closing.

Sorrento Resources focuses on the exploration and development of mineral properties in Canada.

Sorrento Resources appoints Alex Bugden as a Director and Qualified Person. Mr. Bugden brings over 5 years of experience in exploration, mining, and the oil and gas sectors with a focus in Newfoundland and Labrador. He aims to elevate Sorrento Resources through his expertise. The company is engaged in acquiring, exploring, and developing mineral property assets in Canada, focusing on precious and base metal properties in Newfoundland.