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Thank you for your interest in Sienna Resources Inc. (TSX.V: SIE, OTC: SNNAF, SWB: A1XCQ0)

HUGE NEWS OUT TODAY…TRADING UNDER .05

As you can see there are many exciting developments coming ahead for Sienna that make it compelling right now.  Sienna is currently well-financed and will be very active on multiple projects in 2024.

Announced on May 23, 2024, Sienna has acquired the ‘Case Lake West Cesium and Spodumene Pegmatite Project’ in the Larder Lake Mining division of Ontario, Canada, roughly 100 km north of Kirkland Lake, NE Ontario.  This project consists of approximately 2,200 contiguous acres prospective for Cesium and Spodumene Pegmatites directly bordering Power Metals Corp’.s (PWM) Case Lake cesium and pegmatite swarm discovery. On May 22, 2024 Power Metals announced “WORLD-CLASS CESIUM RESULTS UP TO 18.13% AT CASE LAKE.”  

Jason Gigliotti, President of Sienna states, “Management is pleased to be able to acquire the ‘Case Lake West Cesium and Spodumene Pegmatite Project’ directly bordering Power Metal’s Case Lake discovery.  This area is very active currently and Management is looking to start operations as soon as possible. With the significant announcement by Power Metals on May 22, 2024 of their ‘World-class cesium results…’  Sienna’s management is encouraged by these important results achieved directly bordering our property. Ontario is one of the most well-known mining regions in the world, and we are very pleased to have a large footprint in the heart of it. Management is very optimistic about the remainder of the year and how the overall tenor of the junior market is improving.  Sienna has been building a strong portfolio of Canada focused assets in 2024 primarily in Uranium and now for Cesium and Lithium.   Sienna management plans to continue and build on this trend in the future.”

In other news, Sienna Resources has recently acquired 3 NEW Uranium projects in the world renowned Athabasca Basin of Saskatchewan:

  1. The district-size “Atomic Uranium Project” consists of 50,440 contiguous acres bordering Orano and CanAlaska Uranium Ltd.
  2. The 10,845 contiguous acre “Dragon Uranium Project” bordering Cameco Corporation (TSX: CCO) (NYSE: CCJ).
  3. The 10,357 contiguous acre “Uranium Town Project” bordering Denison Mines Corporation (TSX: DML) (NYSE: DNN)

According to the World Nuclear Association (WNA), the highest-grade uranium mine in the world is Cameco’s Cigar Lake in the Athabasca Basin of Saskatchewan, Canada.

Jason Gigliotti, President of Sienna states, “Sienna has taken a swift entry into the Uranium space.  This new “Atomic Uranium Project” is a district size project in the top uranium address on earth, the Athabasca Basin.  This now gives Sienna shareholders exposure to 3 separate uranium projects. Management is currently formulating plans to commence operations on these new uranium projects. Sienna is coming into a very robust news flow cycle.  Management’s goal is to build shareholder value by acquiring and working on projects with the highest potential in the most mining friendly jurisdictions.  We plan to be very active in the uranium and lithium space and have the cash on hand to execute this game plan.”

  • Sienna’s 100% “Elko Lithium Project” in Elko County, Nevada consists of approximately 1840 contiguous acres directly bordering Surge Battery Metals’ “Nevada North Lithium Project.”  This project now makes Sienna one of the largest landholders in this new lithium district that borders Surge Battery Metals (NILI). The Nevada North Lithium Project has just been announced as the highest grade lithium clay deposit I the USA. Plans are being formulated immediately for this project.
  • Sienna has been approved for 4 additional holes on the Blue Clay Lithium Project in Nevada which now encompasses 3,100-acres, and where a recent drill program has discovered lithium values as high as 1,230 part per million lithium (ppm Li).
  • Sienna’s Clayton Valley Deep Basin Lithium Brine Project in Nevada, is completely surrounded by Pure Energy, who has a strategic partnership with Schlumberger (NYSE: SLB), and is home to the only lithium brine basin in production in North America, located in the direct vicinity of Albemarle Corp’s (NYSE: ALB) Silver Peak deposit and Tesla Motors Inc.’s (Nasdaq: TSLA) Gigafactory.  Schlumberger New Energy Venture (NYSE: SLB) announced the development of a lithium extraction pilot plant through its new venture, NeoLith Energy in a strategic partnership with Pure Energy (TSX.v: PE).  To date there has been over $100 million invested into the pilot plant by SLB with results expected shortly.  These results could have a sigficnatn impact on the plans for Sienna going forward.
  • Sienna’s other projects include and the Silver Peak South Lithium Project in Clayton Valley, Nevada

Sienna has sufficient cash resources for anticipated exploration plans, and we expect to be very active on multiple fronts in 2024 and beyond.  Management is very optimistic about the future and looks forward to what will happen in the ground on these projects which makes Sienna compelling right now.

Recent News

Sienna Acquires the “Case Lake West Cesium and Spodumene Pegmatite Project” in Ontario

| News | No Comments
May 23, 2024, Sienna Resources Inc. (“Sienna” or the “Company”) (SIE—TSX.v, SNNAF—USA, A1XCQ0–Germany) wishes to announce the acquisition of the new “Case Lake West Cesium and Spodumene Pegmatite Project” in the…

Company Highlights

1

Sienna has acquired the 2,200 contiguous acre “Case Lake West Cesium and Spodumene Pegmatite Project” in Ontario, Canada, directly bordering Power Metals Corp’s (TSX.v: PWM) Case Lake cesium and pegmatite swarm discovery.

2

Sienna Acquires the District Scale 50,440 Acre “Atomic Uranium Project” in the Athabasca Basin of Saskatchewan

3

Sienna Resources has acquired the 10,845 contiguous acre “Dragon Uranium Project” bordering Cameco Corporation (TSX: CCO) (NYSE: CCJ) & the 10,357 contiguous acre "Uranium Town Project" bordering Denison Mines Corporation (TSX: DML) (NYSE: DNN) in the world renowned Athabasca Basin of Saskatchewan.

4

Sienna has aquired the 1,200-acre “Elko Lithium Project” directly bordering Surge Battery Metals’ (TSX.v: NILI) “Nevada North Lithium Project” in Elko County, Nevada.

5

Lithium demand continues to be strong, lithium battery demand is expected to increase five-fold by 2030

6

A drill program has discovered lithium values as high as 1,230 ppm Li on the 2,950-acre Blue Clay Lithium Project in Clayton Valley, Nevada

7

Sienna's Clayton Valley Deep Basin Lithium Brine Project in Nevada, is completely surrounded by Pure Energy, who has a strategic partnership with Schlumberger (NYSE: SLB), and is home to the only lithium brine basin in production in North America, located in the direct vicinity of Albemarle Corp’s (NYSE: ALB) Silver Peak deposit and Tesla Motors Inc.’s (Nasdaq: TSLA) Gigafactory.

8

Sienna has joined the Clayton Valley Lithium Advisory Committee (CVLAC)

Ontario, Canada

The “Case Lake West Cesium and Spodumene Pegmatite Project” in Ontario

On May 23, 2024, Sienna acquired the “Case Lake West Cesium and Spodumene Pegmatite Project” located in the Larder Lake Mining division of Ontario, Canada, roughly 100 km north of Kirkland Lake, NE Ontario.  This project consists of approximately 2,200 contiguous acres prospective for Cesium and Spodumene Pegmatites directly bordering Power Metals Corp’s (TSX.v: PWM) Case Lake cesium and pegmatite swarm discovery. On May 22, 2024 Power Metals announced “WORLD-CLASS CESIUM RESULTS UP TO 18.13% AT CASE LAKE.”  .

Jason Gigliotti, President of Sienna states, “Management is pleased to be able to acquire the Case Lake West Cesium and Spodumene Pegmatite Project directly bordering Power Metal’s Case Lake discovery.  This area is very active currently and Management is looking to start operations as soon as possible. With the significant announcement by Power Metals on May 22, 2024 of their ‘World-class cesium results…’ Sienna’s management is encouraged by these important results achieved directly bordering our property. Ontario is one of the most well-known mining regions in the world, and we are very pleased to have a large footprint in the heart of it.  Management is very optimistic about the remainder of the year and how the overall tenor of the junior market is improving.  Sienna has been building a strong portfolio of Canada focused assets in 2024 primarily in Uranium and now for Cesium and Lithium.   Sienna management plans to continue and build on this trend in the future.”

Saskatchewan, Canada

The ‘Atomic Uranium Project’ in Saskatchewan

On March 8, 2024 Sienna Resources acquired the district-size “Atomic Uranium Project” in the Athabasca Basin of Saskatchewan. The “Atomic Uranium Project” consists of 50,440 contiguous acres bordering Orano and CanAlaska Uranium Ltd. The Athabasca Basin is home to the highest-grade uranium deposits in the world, which includes the highest-grade uranium mine in the world owned by Cameco Corporation.  In 2021, the Fraser Institute ranked Saskatchewan as number one in Canada, the second-best jurisdiction globally for mining.

Jason Gigliotti, President of Sienna states, “Sienna has taken a swift entry into the Uranium space.  This new “Atomic Uranium Project” is a district size project in the top uranium address on earth, the Athabasca Basin.  This now gives Sienna shareholders exposure to 3 separate uranium projects. Management is currently formulating plans to commence operations on these new uranium projects. Sienna is coming into a very robust news flow cycle.  Management’s goal is to build shareholder value by acquiring and working on projects with the highest potential in the most mining friendly jurisdictions.  We plan to be very active in the uranium and lithium space and have the cash on hand to execute this game plan.”

Saskatchewan, Canada

‘Dragon Uranium Project’ in Saskatchewan

On Jan 17, 2024, Sienna Resources Inc. acquired the 10,845 contiguous acre “Dragon Uranium Project” bordering Cameco Corporation (TSX: CCO) (NYSE: CCJ) in the world renowned Athabasca Basin of Saskatchewan.  According to the World Nuclear Association (WNA), the highest-grade uranium mine in the world is Cameco’s Cigar Lake in the Athabasca Basin of Saskatchewan, Canada. It has an average grade of 14.69% U3O8. The Athabasca Basin is home to the highest-grade uranium deposits in the world, which includes the highest grade uranium mine in the world owned by Cameco Corporation.  In 2021, the Fraser Institute ranked Saskatchewan as number one in Canada, the second-best jurisdiction globally. 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, “Uranium prices have hit a 16 year high this week and management feels that diversifying into uranium while keeping our lithium focus makes sense.  Establishing a large footprint in the most prolific uranium address on the globe bordering the biggest name in uranium, Cameco, provides Sienna and Sienna shareholders with exposure to the best performing sector in mining in the past year. Management continues to try to add projects that are accretive to the growth of Sienna and we have enough cash on hand to forward these projects.”

Saskatchewan, Canada

‘Uranium Town Project’ in Saskatchewan

On Jan 23, 2024, Sienna Resources Inc. announced that it has acquired 10,357  acre “Uranium Town Project” bordering Denison Mines Corporation  (TSX: DML, NYSE: DNN) in the Athabasca Basin of Saskatchewan.  The Athabasca Basin is home to the highest-grade uranium deposits in the world, which includes the highest grade uranium mine in the world owned by Cameco Corporation.  In 2021, the Fraser Institute ranked Saskatchewan as number one in Canada, the second-best jurisdiction globally. 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 add a second uranium project to Sienna’s landholdings.  Management’s goal is to build shareholder value by acquiring and working on projects with the highest potential in the most mining friendly jurisdictions.  We plan to be very active in the uranium space and have the cash on hand to execute this game plan.”

Nevada, USA

‘Elko Lithium Project’ in Nevada

About The Project

Sienna Resource’s “Elko Lithium Project” consists of 79 claims totaling approximately 1200 contiguous acres directly bordering Surge Battery Metals’ “Nevada North Lithium Project” in Elko County, Nevada.  This project now makes Sienna one of the largest landholders in this new lithium district that borders Surge Battery Metals (NILI). The Nevada North Lithium Project has returned some of the highest grades for lithium in Nevada.  According to Surge’s website, “Drill hole NN2207 intersected the thickest intervals of lithium-rich claystone encountered to date; a total of 120.4 metres (395 feet) averaging 3,943 parts per million lithium in four zones.”  Plans are being formulated immediately for the first phase of work on this project.

Jason Gigliotti, President of Sienna states, “This is one of the most exciting lithium regions in North America.  We are pleased to be one of the largest landholders in the area that borders Surge.  The grades that were encountered by Surge are some of the highest grades attained in Nevada and having a project that is directly bordering this new lithium discovery holds tremendous promise for Sienna’s shareholders. We plan to immediately commence plans for the first phase of work on this project.”

Nevada, USA

‘Clayton Valley Deep Basin Lithium Brine Project’ in Nevada

Sienna Resource’s “Clayton Valley Deep Basin Lithium Brine Project” is located directly inside of and completely surrounded by Pure Energy Minerals Ltd’s property. The “Clayton Valley Deep Basin Lithium Brine Project” is located in parts of the deepest sections (refer to the map) of the only lithium brine basin with a producing operation in North America, Albemarle Corp’s (NYSE: ALB) Silver Peak Mine. Pure Energy Minerals, which owns the Clayton Valley South project, has released an inferred resource of 247,000 tons of lithium carbonate equivalent on the Clayton Valley South project. According to the Pure Energy Minerals Limited website, “Geophysics shows that the same brine-bearing formations encountered during drilling (Pure) appear to extend to much greater depths within the basin.” Pure Energy Minerals Limited had signed a supply agreement with Tesla Motors Inc (Nasdaq: TSLA) to potentially supply lithium hydroxide from its Clayton Valley Lithium Brine Deposit. Also, Schlumberger Technology Corporation (NYSE: SLB) has begun the steps to advance its option to test and develop Pure Energy Mineral’s Clayton Valley Project. When a major company like Schlumberger is looking at the property that completely surrounds Sienna’s, it is clear that lithium in Nevada is gaining attention again.

Jason Gigliotti, President of Sienna Resources Inc. stated, “We are pleased to be one of the few companies that have property within the only known lithium brine basin with production in North America. Saline brines are higher density than fresh or brackish water and therefore tend to sink. Based on this, management is optimistic regarding this project as we are located in the deeper sections of this basin. Sienna also currently has one of the smaller market caps of the public companies in the Clayton Valley. The lithium space has shown signs of explosive growth recently and shows little to no signs of slowing down. Lithium is one of the few sectors of the market that appeals to both the traditional resource investor and millennials, as Tesla has primarily created a global knowledge for lithium, therefore being a true crossover element.”

Access to Deepest Part of Basin
  • An as early mover in this play, Sienna is one of only four companies (Albermarle, Pure Energy & Cruz Battery Metals Corp.) to have access to the deepest parts of the only lithium brine basin in production in North America.
  • Sienna’s property is completed surrounded by Pure Minerals Ltd.’s property.
  • Pure Energy’s strategic partner, Schlumberger (NYSE: SLB) is near completion on the initial steps to advance its option to test, develop and acquire the CV Project.

Nevada, USA

‘Blue Clay Lithium Project’ in Nevada

About The Project

Sienna Resource’s Blue Clay lithium project consists of 150 contiguous claims totalling approximately 3,100 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.

Announced in March 2022, Sienna’s maiden drill program has revealed a new lithium discovery on the 100-per-cent-owned Blue Clay lithium project in Clayton Valley, Nevada. Lithium values as high as 1,230 parts per million Li were encountered with 800 ppm Li over 120 feet, including 1,011 ppm Li over 40 feet.

Management is currently formulating a follow up phase II drill program.

On Tesla Battery Day, held on September 22, 2020, Tesla’s Elon Musk announced their intention to acquire Nevada lithium projects and their overwhelming need to secure domestic lithium deposits to feed their Gigafactory.

Nevada, USA

“Clayton Valley Silver Peak South Lithium Project” in Nevada

Sienna Resource’s recently acquired the Silver Peak South lithium project is located right in the heart of Clayton Valley, Nevada, which is currently home to the only producing lithium region in North America. The project consists of one contiguous block totaling approximately 1,812 acres prospective for lithium. Management plans to commence work on this project 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.”

On Tesla Battery Day, held on September 22, 2020, Tesla’s Elon Musk announced their intention to acquire Nevada lithium projects and their overwhelming need to secure domestic lithium deposits to feed their Gigafactory.

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. Mr. Frank Bain, P.Geo., a Qualified Person as defined by National Instrument 43-101 has reviewed and approved the scientific and technical disclosure contained within this website.

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