Sienna acquires the "Case Lake West Cesium Project" north of Kirkland Lake
Sienna Resources Inc. announced the acquisition of the new "Case Lake West Cesium and Spodumene Pegmatite Project" in the Larder Lake Mining division of Ontario, Canada, roughly 100 km north of Kirkland Lake. 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." This was very exciting news regarding this growing cesium district. 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, "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."
About Sienna Resources Inc.
Sienna has recently acquired the "Case Lake West Cesium and Spodumene Pegmatite Project" in 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. Sienna has also just acquired the 10,357 acre "Uranium Town Project" bordering Denison Mines Corporation (DML, DNN) , the 10,845 contiguous acre "Dragon Uranium Project" bordering Cameco Corporation (CCO, CCJ) and the 55,440 acre "Atomic Uranium Project" in the world renowned Athabasca Basin of Saskatchewan. Also, Sienna recently expanded the "Elko Lithium Project" in Elko County, Nevada. This project consists of approximately 1840 contiguous acres directly bordering Surge Battery Metals' (NILI) "Nevada North Lithium Project" in Elko County, Nevada who announced the highest grade lithium deposit in the USA. Sienna is also one of the larger landholders in Clayton Valley Nevada. Sienna's Clayton Valley projects include the Blue Clay Lithium Project, the Silver Peak South Project, and the Clayton Valley Deep Basin Lithium Project. Clayton Valley is home to the only lithium production in North America, being Albemarle Corp's (NYSE: ALB) Silver Peak deposit. This project is also near Tesla Motors Inc.'s (Nasdaq: TSLA) Gigafactory in Nevada. On March 18, 2021, 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). The deployment of the pilot plant will be in Clayton Valley, Nevada, USA. The NeoLith Energy sustainable approach uses a differentiated direct lithium extraction (DLE) process to enable the production of high-purity, battery-grade lithium material while reducing the production time from over a year to weeks. Results from this pilot plant are expected in 2024 and could have a significant impact on the brine prospects within Clayton Valley Nevada as Sienna is located in the deepest section of this brine deposit.
This project was acquired via staking.
Tags: Northern Ontario / Exploration / Battery Metals / All Articles