Sienna to Focus on Lithium Projects in the Clayton Valley of Nevada

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

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."

Cannot view this image? Visit: https://images.newsfilecorp.com/files/854/141190_2a37919da4497939_002.jpg

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 [email protected] for information or join our twitter account at @SiennaResources.

Contact Information
Tel: 1.604.646.6900
Fax: 1.604.689.1733
www.siennaresources.com
[email protected]

"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

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).