Sienna Resources Scheduled to Commence Drilling on Flagship Slättberg Nickel-Copper-Cobalt Project in Sweden in August
July 22 2019 - 12:05AM
Sienna Resources (
SIE—TSX.v)
(
A1XCQ0 –FSE) (
SNNAF—OTCBB)
wishes to announce that a multi-hole drill program is scheduled to
begin in August 2019 on Sienna's flagship nickel, copper and cobalt
Slättberg Project in Sweden.
Jason Gigliotti, President of Sienna states, “We
are excited to be back drilling on our project. Nickel prices have
been surging recently and a general overall optimism for junior
mining is taking hold. 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.”
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.
To view a map of Slättberg Project, please
visit:
https://orders.newsfilecorp.com/files/854/46402_a1c4116044a0993b_002full.jpg
Slättberg is located 25 kilometers northwest of
Falun, Sweden. Slättberg is a historic mining camp hosting
nickel-copper-cobalt 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
1800’s.
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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