Sienna Resources to Commence drilling on Flagship Slättberg Nickel-Copper-Cobalt Project in Sweden
June 17 2019 - 3:03AM
Sienna Resources (SIE—TSX.v) (A1XCQ0—FSE) (SNNAF—OTCBB) wishes to
announce that a multi-hole drill program is planned to begin in
Summer 2019 on Sienna's flagship nickel, copper and cobalt
Slättberg Project in Sweden. Data gathered from the 2018
Slättberg drill program, in addition to downhole Electro-Magnetic
surveys and modern sampling & geophysical work have provided
multiple new high priority drill targets. This work program
is fully funded by cash on hand.
Jason Gigliotti, President of Sienna states,
“The initial results of the 2018 drill program were encouraging but
further target definition was required. Follow up EM surveys
and new sampling has provided new multiple high priority drill
targets, which we plan to test this summer. We look forward to a
very active 2019 as we still have cash reserves to cover the
planned drill program.”
To view the Nickel Slättberg Project, please
visit:
https://orders.newsfilecorp.com/files/854/45638_c10ba39874c7388c_002full.jpg
Slättberg is located 25 kilometers northwest of
Falun, Sweden. Slättberg is a historic mining camp hosting
cobalt-nickel-copper rich massive sulfide mineralization that
occurs within a two kilometer belt of historic nickel-copper mines.
The Project contains drill defined massive sulfide mineralization
that extends to ~100 meters in depth, and remains open for
expansion at depth and along strike. The Project is
accessible year round, with nearby rail, power and 5 smelters in
the Nordic region. At least 16 historic mines are located on
the property, with historic operations dating back to the late
1800s.
Mineralization at Slättberg is hosted by 1.8-1.9
Ga (Svecofennian) supracrustal rocks (metavolcanics and
metasediments) located along the southwestern flank of a large
gabbroic intrusive complex. The historic mines are positioned along
an east-west trend of massive sulfide occurrences developed in and
around a similarly oriented body of “leptite”. This is a local term
used to describe rhyolitic/felsic tuffaceous rocks commonly
associated with sulfide mineralization in Bergslagen. Mafic and
ultramafic rocks also occur in and around the mine workings.
Sweden is at the forefront of an exploration and
development boom in the mining industry. The country's favorable
business environment includes a low corporate income tax rate, a
proactive geological survey, and broad public support for
export-led resource extraction. Sweden has a long history of
mining, and is host to some of Europe’s largest active mines.
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 InformationTel: 1.604.646.6900Fax:
1.604.689.1733www.siennaresources.cominfo@siennaresources.com
“Jason Gigliotti”President, DirectorSienna 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.
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