- Sienna Resources (TSXV:SIE) has significantly increased its acreage on the Stonesthrow Gold Project in Saskatchewan
- The junior lithium and uranium miner announced the project now consists of 74.25 square kilometres prospective for gold
- The acquisition directly borders Ramp Metals Inc. (TSXV:RAMP) project where it unearthed multiple zones of gold mineralization
- Sienna Resources opened trading at $0.045 per share
Sienna Resources (TSXV:SIE) has significantly increased its reach on the Stonesthrow Gold Project in Saskatchewan.
The junior lithium and uranium miner announced the project now consists of 74.25 square kilometres prospective for gold.
“Sienna is 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 and potentially world-class mining district,” Jason Gigliotti, president of Sienna Resources, said in a statement. “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 is coming into a very active period and management is very optimistic about the short- and long-term growth drivers in place now.”
The acquisition directly borders Ramp Metals Inc. (TSXV:RAMP) project where it declared multiple zones of gold mineralization had been unearthed, including 73.55 grams per tonne gold and 19.50 grams per tonne silver back in June.
Sienna also acquired the Stonesthrow Gold Project a month ago via staking. At the time, Gigliotti explained that the company was building up its assets in Saskatchewan, calling the province one of the most mining-friendly jurisdictions in the world. He also called this one of the most exciting new gold discoveries in Saskatchewan this year, reiterating leadership’s optimism around this area, looking forward to commencing operations as soon as possible.
Sienna Resources is a junior lithium and uranium stock exploring a portfolio of projects in Nevada and Saskatchewan.
Sienna Resources Inc. (TSXV:SIE) opened trading at $0.045 per share. The stock is up by 12.5 per cent year-over-year but has given back 10 per cent since 2019.
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(Top image: Ramp Metals Inc.)
