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About The Project

The “Stonesthrow Gold Project” in Saskatchewan consists of approximately 31,718 contiguous acres prospective for gold directly bordering Ramp Metals Inc (RAMP).  Ramp announced (June 17, 2024) multiple zones of gold mineralization, including 73.55 grams per tonne gold and 19.50 grams per tonne silver. Ramp has also just announced a strategic investment led by Eric Sprott this week (July 18, 2024).

Jason Gigliotti, President of Sienna Resources Inc. stated, “We are very pleased to significantly increase our acreage directly bordering Ramp Minerals Inc in Saskatchewan.  Sienna is now one of the larger landholders in this exciting new mining camp and with Eric Sprott taking a major stake in the area it shows the promise of this new potentially world-class mining district.  Sienna management is currently developing plans to move forward on this large sized new gold project at a time when gold is at all-time highs.  Sienna has recently extended its Dragon Uranium Project bordering Cameco in the Athabasca Basin as well.  Management is constantly looking at ways to maximize shareholder value.  Sienna is coming into a very active period and management is very optimistic about the short and long term growth drivers in place now.”

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.”

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.”

Sienna Resources Inc.’s 23,134 contiguous acre “Dragon Uranium Project” directly borders 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.”

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.”

Sienna Resource’s 1,200-acre “Clayton Valley Deep Basin Lithium Brine Project” is located directly inside of, and completely surrounded by Pure Energy Minerals Ltd’s (PE-TSX.v) 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.”

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.

Jason Gigliotti, president of Sienna Resources, stated: “We would like to congratulate the SLB and Pure teams for many years of hard work finally coming to fruition. This is a watershed moment for the Clayton Valley itself as this marks the true entrance of SLB into the lithium space. Sienna has been holding its Clayton Valley Deep basin lithium projects for many years watching the developments on this project, primarily as Sienna shares the deepest part of this basin with SLB. SLB still has a road ahead, but this moment is clearly a turning point for development within this basin. We look forward to now moving this project much higher up in the Sienna project priority list.”

On March 18, 2021, Schlumberger New Energy Venture (NYSE: SLB) announced the development of a lithium extraction pilot plant with a strategic partnership with Pure Energy (TSX.v: PE). On September 10, 2024, SLB announced that the  ‘Nevada demonstration plant integrates direct lithium extraction (DLE), concentration and conversion technologies to sustainably produce lithium at scale with integrated technology solution produces lithium from brine 500 times faster than conventional methods while using significantly less land, water and chemical reagents with a verified results confirm recovery rate of 96% lithium from brine at operational rates’.  The success that SLB achieved could have a significant future impact on the brine prospects within Clayton Valley Nevada as Sienna is located in the deepest section of this brine deposit.

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.