Sienna Receives BLM Approval for Drill Permit for up to 5 Initial Locations on the "Elko Lithium Project" in Elko County, Nevada Bordering Surge Battery Metals
Sienna Receives BLM Approval for Drill Permit
for up to 5 Initial Locations on the "Elko
Lithium Project" in Elko County, Nevada
Bordering Surge Battery Metals
Vancouver, British Columbia--(Newsfile Corp. - October 6, 2023) - Sienna Resources Inc. (TSXV: SIE)
(OTC Pink: SNNAF) (FSE: A1XCQ0)
("Sienna" or the "Company") is pleased to announce that it has
received approval from the BLM to drill up to 5 initial locations on its recently acquired "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.
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 pleased to have received this permit to drill.
We want to thank the Elko BLM office for their help on this approval to drill on Sienna's initial 5 hole drill
plan. We are excited about this area especially in light of the fantastic lithium results being drilled by our
neighbour, Surge Battery Metals whose shares have risen from a low of $0.065 to a recent high of $1.55
based on their drill results right beside Sienna's property.
This area is shaping up to be one of the most
exciting lithium addresses in North America and we are very pleased to be right in the heart of it.
We
plan to commence drilling as soon as possible.
Not only do we have this new lithium project, but Sienna
is one of the largest landholders in Clayton Valley, Nevada through its other property interests.
Sienna
has more than enough cash on hand for the anticipated current exploration plans and we expect to be
very active on multiple fronts for the remainder of 2023.
Management is extremely optimistic about the
future and looks forward to what will happen with boots on the ground on these projects."
Elko County Map
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Recently, the Bureau of Land Management (BLM) has given Sienna approval for up to 4 additional holes
to be completed on the 100% owned Blue Clay Lithium Project in Clayton Valley, Nevada (See map). On
March 25, 2022, Sienna revealed a new lithium discovery on the Blue Clay Lithium Project. Lithium
values as high as 1230 ppm Li were encountered. The Blue Clay Lithium Project consists of 150
contiguous claims totaling approximately 2,950 acres prospective for lithium right in the heart of the
Clayton Valley in Nevada, which is currently home to the only producing lithium region in North America.
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 (NYSE: ALB) 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 [email protected] 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.
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
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