Sienna to Acquire the 'Silver Peak South Lithium Project' in Clayton Valley, Nevada
Sienna to Acquire the 'Silver Peak South
Lithium Project' in Clayton Valley, Nevada
Vancouver, British Columbia--(Newsfile Corp. - December 14, 2022) -
Sienna Resources Inc.
(TSXV:
SIE) (OTC Pink: SNNAF) (FSE: A1XCQ0) ("Sienna" or the "Company") announces that it has entered
into an option agreement with an arms length vendor to acquire 100% of the Silver Peak South Lithium
Project in Clayton Valley Nevada.
The project consists of one contiguous block totaling approximately
1750 acres prospective for lithium.
Management plans to commence work on this project early in 2023.
Jason Gigliotti, President of Sienna, states, "We are very pleased to enter into this agreement for this
new lithium project.
We are very focused on the Clayton Valley of Nevada as it is home to the only
producing lithium deposit in North America and we are now one of the largest landholders in Clayton
Valley.
We expect to be very active in 2023 on these Clayton Valley lithium projects at a time when
lithium demand and prices are near all time highs. 2023 is shaping up to be a very exciting time for
Sienna and Sienna shareholders."
Terms of the agreement are as follows:
$10,000 within 5 days of signing the agreement, $100,000 on or
before 6 months after the signing of the agreement and $150,000 on or before 12 months after signing
the agreement.
Once these terms are executed, Sienna will retain 100% of the claims.
This agreement is
subject to all applicable approvals.
About Sienna Resources Inc.
Sienna Resources is focused on exploring for and developing high-grade battery metals deposits in
politically stable, environmentally responsible and ethical mining jurisdictions. Sienna's projects include
the Marathon North platinum-palladium property in Northern Ontario directly bordering Generation Mining
Ltd.'s Marathon deposit. Sienna also has the Clayton Valley Deep Basin Lithium Project in Clayton
Valley, Nev., home to the only lithium brine basin in production in North America, in the direct vicinity of
Albemarle Corp.'s Silver Peak deposit and Tesla Motors Inc.'s Gigafactory the Blue Clay Lithium Project
in Clayton Valley Nevada where the Company has made an initial lithium discovery and the recently
acquired Silver Peak South Lithium Project. Management cautions that past results or discoveries on
properties in proximity to Sienna may not necessarily be indicative to the presence of mineralization on
the company's properties.
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.
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/147968