Drill Contractor Engaged for "Case Lake West Cesium and Spodumene Pegmatite Project" in Ontario Bordering Power Metals Corp.'s Cesium Deposit
Drill Contractor Engaged for "Case Lake West
Cesium and Spodumene Pegmatite Project" in
Ontario Bordering Power Metals Corp.'s
Cesium Deposit
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2025) - Sienna Resources Inc. (TSXV: SIE)
(OTC Pink: SNNAF) (FSE: A1XCQ0) ("Sienna" or the "Company") is pleased to announce that Sienna
has hired Major Drilling Group International Inc. ('Major') of New Brunswick for the 100% owned 'Case
Lake West Cesium and Spodumene Pegmatite Project' in Ontario.
Management is expecting to
commence drilling shortly.
Once a final date has been set there will be news to disclose that. The Case
Lake area of Ontario is one of the most highly prospective regions for cesium in North America.
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 Resources stated, "We are very pleased to announce that we have
engaged Major Drilling Group International Inc. of New Brunswick for the maiden drill program on our
100% owned 'Case Lake West Cesium and Spodumene Pegmatite Project' in Ontario.
Major Drilling is
extremely familiar with the Case Lake region having drilled there for many companies.
We think that
engaging Major, who have strong geological knowledge of the region is a logical choice and
management looks forward to working with Major and the First Nations as we embark on our maiden drill
program with the hopes for a much larger scale engagement in the future. 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
approximately 300% in February based on their Case Lake deposit news, we couldn't be more excited
about getting boots on the ground as soon as the driller can be mobilized.
This drill program is coming at
a time when the junior markets are showing significant strength as we are moving into a phase of
significant growth.
These next few weeks/months will be a watershed mark for Sienna as we commence
our first drill program in a long time."
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 (Cs
O).
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
for
information or join our twitter account at
@SiennaResources
.
Contact Information
Tel:
1.604.646.6900
Fax: 1.604.689.1733
www.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.
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