Sienna to Focus on Lithium Projects in the Clayton Valley of Nevada
Sienna to Focus on Lithium Projects in the
Clayton Valley of Nevada
Vancouver, British Columbia--(Newsfile Corp. - October 20, 2022) - Sienna Resources Inc. ("Sienna" or
the "Company") (TSXV: SIE) (OTC Pink: SNNAF) (FSE: A1XCQ0) wishes to announce that going
forward the company will focus on the lithium projects in Nevada.
Lithium prices have continued to show
incredible strength all year and are currently at all-time highs today.
On March 25, 2022, Sienna revealed a new lithium discovery on the 100% owned Blue Clay Lithium
Project in Clayton Valley, Nevada (See map below).
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.
Jason Gigliotti, President of Sienna Resources, states: "We have made the decision to focus primarily
on the lithium projects in Nevada.
Management feels that these projects represent the best option for
growth going forward and with no other obligations on other projects, the company is far more razor
focused on the highest priority projects.
Lithium prices are at all-time highs so management feels that
this is the best path forward for our shareholders.
We are excited about the near and long term future of
Sienna in regards to the lithium focus."
Clayton Valley Map
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/854/141190_2a37919da4497939_002full.jpg
Sienna has not exercised any of the option agreements with EMX Royalty Corporation and no longer has
the projects or any financial obligations regarding the projects.
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 7.1-million-ounce palladium-equivalent 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 and the recently acquired Blue Clay Lithium Project in Clayton Valley Nevada where the
Company has made an initial lithium discovery.
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.
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.
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/141190