ethical pink diamonds

Sienna Announces Drill Results on the Bleka Gold Project in Norway

Sienna Resources Inc. (TSXV: SIE) (OTC Pink: SNNAF) (FSE: A1XCQ0) ("Sienna" or the "Company") is pleased to announce results from its recently executed drill program at its 100% owned Bleka Gold Project (the "Project") in Norway. Seven drill holes were completed at the Project for a total of 1,474 meters. Six drillholes were designed to test extensions of the mineralized "Main Vein" at depth and along strike from the historic Bleka Mine (see Figure 1). A seventh hole targeted an outcropping quartz vein swarm located approximately one kilometer from the historic Bleka Mine (the Espelid target). Sienna's maiden drill program confirmed extensions of the vein systems along strike and at depth, and intersected multiple quartz veins with pervasive quartz-albite alteration halos and elevated gold and copper values.

The historic Bleka vein was discovered in 1880 and was mined intermittently until 1940 and shows characteristics typical of greenstone-hosted vein deposits. Sienna's drilling intersected the "Main Vein" in each of six drill holes, including intersections 147 meters below the historic workings (as seen in DH-BLE-01) and 40 meters further along strike of the workings (as seen in DH-BLE-05). Notable intercepts include 1.7 g/t Au over 0.8 meters at a depth of 122.1 meters in DH-BLE 05, 0.21 g/t Au with 0.30% Cu over 0.15 meters at 60 meters depth in DH-BLE-02, and 0.25 g/t Au with 0.45% Cu over 0.28 meters at 24.1 meters depth in DH-BLE-03[1].

Gold mineralization at Bleka is hosted by muti-stage quartz veins with locally intense albite-carbonate alteration of wall rocks. Gold is associated with bismuthinite, chalcopyrite and pyrite according to historic accounts from mining activities and as seen in Sienna's drill holes. Although it had been mined for many decades, little to no recent exploration has been conducted on the Project area. A drill program had been planned for the Project in the late 1990's, but was not executed, and no other records of exploration drilling have been located by the Company. To its knowledge, Sienna is the first company to drill the Project in the past 40-50 years. The company is now formulating a plan for the next phase of operations on the Bleka project.

Notes on sampling methods.

A total of 151 samples were cut at the ALS laboratory in Mala, Sweden where the samples were crushed and pulverized before they were shipped to be analyzed at the ALS laboratory in Ireland. The samples were analyzed with a 4-Acid digestion and multi-element mass spectrometer analysis. Gold was determined by fire-assay methods. Sampling was done in accordance with NI 43-101 protocols. Regular duplicate samples are taken and regular check samples such as blank material as well as certified reference material is inserted into the samples stream.

. Cannot view this image? Visit: https://orders.newsfilecorp.com/files/854/95047_966264b8d4d569ab_002.jpg

Figure 1: Location of drill holes and intercepts in the vicinity of the historic Bleka Mine

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/854/95047_966264b8d4d569ab_002full.jpg

About Sienna Resources Inc.

Sienna Resources is focused on exploring for and developing high-grade deposits in politically stable, environmentally responsible and ethical mining jurisdictions. Sienna is partnered with a New York Stock Exchange-listed mining company on two separate projects in Scandinavia including the past-producing Bleka and Vekselmyr orogenic gold projects in southern Norway which are both greenstone-hosted gold systems, and the Kuusamo platinum group elements (PGE) project in Finland directly bordering the LK Project being advanced by Palladium One Mining Inc. In North America, 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. 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.

The technical contents of this release were approved by Greg Thomson, PGeo, a qualified person as defined by National Instrument 43-101.

If you would like to be added to Sienna's email list please email info@siennaresources.com for information or join our Twitter account at @SiennaResources.

Contact Information
Tel: 1.604.646.6900
Fax: 1.604.689.1733
www.siennaresources.com
info@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.


[1]Insufficient drilling and modelling has been completed to definitively determine the true thicknesses of the intercepts. The reported intercepts are as seen and measured in drill core and are drill intercept lengths.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/95047

News Provided by Newsfile via QuoteMedia

The Conversation (0)
Metal pipes and bars obstructed by yellow "tariffs" tape with US flags.

Copper Soars to All-time High as Trump Unveils 50 Percent Tariff on Imports

US President Donald Trump said Tuesday (July 8) that he plans to impose a 50 percent tariff on all copper imports, a dramatic escalation of his administration’s use of targeted trade restrictions on national security grounds.

“I believe the tariff on copper, we're going to make 50 percent,” Trump said during a White House cabinet meeting.

Though he did not provide a timeline, Commerce Secretary Howard Lutnick said in a subsequent CNBC interview that the tariff could take effect by late July or as early as August 1, with details to be posted on Trump’s Truth Social account.

Keep reading...Show less
Empire Metals

Empire Metals Limited Announces Completion of MRE Drilling Campaign

Completion of Major Drilling Campaign Targeting Maiden Mineral Resource Estimate

Empire Metals Limited, the AIM-quoted and OTCQB-traded exploration and development company, is pleased to announce the successful completion of its largest drilling campaign to date at the Pitfield Project in Western Australia ('Pitfield' or the 'Project'). This programme focussed on high-grade titanium mineralisation within the in-situ weathered cap at the Thomas Prospect and is designed to underpin the Company's maiden JORC compliant Mineral Resource Estimate ('MRE').

Highlights

Keep reading...Show less
Loyal Metals Limited

Loyal to Acquire the High-Grade Highway Reward Copper Gold Mine

Loyal Metals Limited (ASX:LLM) (Loyal, LLM, or the Company) is pleased to announce that it has acquired a binding option to purchase the Highway Reward Copper Gold Mine in Queensland, Australia, one of the highest-grade copper mines worldwide, with past production totalling 3.65 million tonnes at 5.7% Cu and 260,000 tonnes at 4.5 g/t Au 1-9. This acquisition is the first step in Loyal’s 2025 Strategic Plan to broaden its critical minerals portfolio into copper. No exploration has been conducted on the mining leases since mining ceased in July 2005, despite a ~680% increase in copper prices and a ~1,256% increase in gold prices since the 1997 feasibility study 3,4. With over $4.4 million in funding, Loyal is well-positioned to revisit the high-grade Highway Reward Copper Gold Mine by deploying modern exploration techniques11.

Keep reading...Show less
Textured copper ribbons weave over a black background.

​Copper​ Market Hit by Major Supply Squeeze as LME Inventories Drop

One of the sharpest copper supply crunches in recent memory is rattling global commodities markets, as inventories at the London Metal Exchange (LME) plummet and the spot price soars.

Bloomberg reported that as of Monday (June 23), copper for immediate delivery was trading at a premium of US$345 per metric ton over three month futures, the widest spread since a record squeeze in 2021.

That dramatic price divergence reflects the market’s acute concerns over access to physical copper, with readily available inventories on the LME falling by around 80 percent this year alone.

Keep reading...Show less
Many copper bobbins and warehouse copper pipes.

Top 10 Copper-producing Companies

Copper miners with productive assets have much to gain as supply and demand tighten.

In May 2024, the copper price hit a new all-time high of US$10,954 per metric ton (MT) on the London Metal Exchange and US$5.20 per pound on the COMEX on the back of increasing demand and growing supply concerns.

Copper is one of the most important resources for the energy transition. However, in recent years, demand for the red metal has outpaced mining supply. While construction and electrical grids have long been major markets for copper, today the rise in demand for electric vehicles, EV charging infrastructure and energy storage applications are emerging drivers of copper consumption.

Another trend driving future copper demand is the rapid urbanization in the Global South, as rural populations migrate to cities, putting pressure on electricity grids.

Keep reading...Show less

Latest Press Releases

Related News

×