Sienna Resources Inc. Announces Crews Being Mobilized on the "Elko Lithium Project" in Elko County, Nevada
Sienna Resources Inc. Announces Crews
Being Mobilized on the "Elko Lithium Project"
in Elko County, Nevada
Vancouver, British Columbia--(Newsfile Corp. - October 26, 2023) - Sienna Resources Inc.
(TSXV: SIE)
(OTC Pink: SNNAF) (FSE: A1XCQ0) ("Sienna" or the "Company") is pleased to announce that it has
been notified that crews are being mobilized on its recently acquired "Elko Lithium Project" in Elko
County, Nevada.
This project consists of approximately 1,200 contiguous acres directly bordering Surge
Battery Metals' "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 be closer to starting the drill
program.
We anticipate additional news shortly on this front.
In other news, Surge just increased its
landholding directly to our east; Surge now surrounds Sienna's project on three sides.
That is a strong
vote of confidence for Sienna to have Surge acquire the property directly bordering Sienna."
New Elko County Map
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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' "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 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
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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