Sorrento Resources Announces Appointment of Alex Bugden as a Director and Qualified Person

Rhea-AI Summary

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.

Positive

• Mr. Alex Bugden's appointment brings valuable expertise and experience to Sorrento Resources, enhancing the company's exploration and mining capabilities.
• Sorrento Resources' focus on acquiring and developing mineral properties in Canada, specifically in Newfoundland, demonstrates a strategic approach towards growth and potential discoveries.

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - SORRENTO RESOURCES LTD. (CSE: SRS) (OCTQB: SRSLF) (the "Company") is pleased to announce that Mr. Alex Bugden P.Geo. has been appointed as the Company's Qualified Person ("QP") within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), and as a director of the Company.

Mr. Bugden, P. Geo, holds a B.Sc (hons.) in Earth Science from Memorial University of Newfoundland. Mr. Bugden has over 5 years of experience in exploration, mining, and the oil and gas sectors in Canada with a particular focus in Newfoundland and Labrador. He has worked in a diverse set of geological environments as a contractor for an extensive list of junior exploration companies. During this time, he was responsible for project management and exploration field operations. Areas of expertise include volcanogenic massive sulphide, orogenic gold, and Lithium-Cesium-Tantalum pegmatite styles of mineralization.

"I am looking forward to elevating Sorrento Resources in my new position," said Alex Bugden. "Newfoundland and Labrador is an exciting place to be exploring and I believe the company is well positioned to grow and to make further discoveries."

About the Company

Sorrento Resources is engaged in acquisition, exploration, and development of mineral property assets in Canada. The Company's objective is to locate and develop economic precious and base metal properties of merit in including the Wing Pond, Tom Joe, Silver Mountain, Jacksons Arm, and Taylor's Pond gold projects, the PEG lithium project, and the Harmsworth (VMS) project all located in Newfoundland.

For more information, visit https://sorrentoresources.ca/.

ON BEHALF OF THE BOARD OF DIRECTORS

Brayden Sutton
President and Chief Executive Officer
investors@sorrentoresources.ca
604-290-6152

Disclaimer for Forward-Looking Information

This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the anticipated results of the prospecting program at the Peg Property are "forward-looking statements". Forward-looking statements in this news release include, but are not limited to, statements with respect to the Property and its mineralization potential, the Company's objectives, goals or future plans with respect to the Property and the timing of results. These forward-looking statements reflect the expectations or beliefs of the management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

The Canadian Securities Exchange (CSE) does not accept responsibility for the adequacy or accuracy of this release.

THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/208346

FAQ

Who is the new Qualified Person and Director appointed by Sorrento Resources?

Mr. Alex Bugden has been appointed as the Qualified Person and Director by Sorrento Resources, bringing over 5 years of experience in exploration, mining, and the oil and gas sectors with a focus in Newfoundland and Labrador.

What is Sorrento Resources engaged in?

Sorrento Resources is engaged in the acquisition, exploration, and development of mineral property assets in Canada, with a focus on locating and developing economic precious and base metal properties in Newfoundland.

Where are Sorrento Resources' gold projects located?

Sorrento Resources' gold projects, including Wing Pond, Tom Joe, Silver Mountain, Jacksons Arm, and Taylor's Pond, are all located in Newfoundland.

What is the website of Sorrento Resources?

For more information, visit https://sorrentoresources.ca/.