Sienna Resources Inc. Provides an Exploration Update for its Kuusamo PGE-Cu-Ni Project
January 22, 2021 at 12:10 pm
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Sienna Resources Inc. provided an exploration update for its Kuusamo PGE-Cu-Ni Project (the Project or the Property or Kuusamo), located over the large Syöte Block and smaller Pirivaara Block, the southernmost intrusions that comprise the Koillismaa Layered Igneous Complex (KLIC), in north-central Finland. The Project is located about 19 km south of Palladium One Mining's LK Project, covering two of the northern blocks within the KLIC, who are targeting basal Contact-Type PGE-Cu-Ni sulphide mineralization. The KLIC is part of a suite of Paleoproterozoic continental rift-related intrusions which are highly prospective for PGE-Cu-Ni deposits such as the nearby Suhanko (Arctic Platinum Oy) deposit located about 100 km northwest of the Project. Suhanko hosts SAMREC Code Compliant Measured and Indicated resources of 5.4 million ounces of palladium grading 1.44 g/t Pd and 1.3 million ounces of platinum grading 0.35 g/t Pt at a cut-off of 1.0 g/t Pt+Pd+Au, as well as Inferred Resources of 4.4 million ounces of palladium grading 1.50 g/t Pd and 1.1 million ounces of platinum grading 0.38 g/t Pt. 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 highly prospective Kuusamo Project has the potential to host similar styles of basal PGE-Cu-Ni mineralization (Contact-Type) found at the LK Project and associated with the basal contact of the Syöte Block. Historical mapping and diamond drilling at Kuusamo has outlined an approximately 23 km long basal contact horizon along within the Syöte Block which is prospective for Contact-Type PGE-Cu-Ni sulphide mineralization. Sienna recently completed orientation soil surveys (total of four sections) over the interpreted contact region of the Syöte and Pirivaara blocks. The soil samples, which targeted the B-horizon in the soil profile, were analysed using partial leach methods to identify mobile metals interpreted to be derived from local sulphide-rich source rocks. In three of the four test sections, the targeted geologic horizon (contact region) showed anomalies in a combination of vector elements including palladium, copper, nickel, and gold. Background concentrations for the vector elements were established at 0.09 ppb Pd, 400 ppb Cu, 70 ppb Ni, and 0.05 ppb Au. The lower limit of detection (LLD) for these elements are 0.05 ppb Pd, 1 ppb Cu, 1 ppb Ni, and 0.02 ppb Au. Anomalous soil samples returned concentrations in the vector elements that ranged from LLD to 0.21 ppb Pd, 109 to 783 ppb Cu, and 33 to 137 ppb Ni, and LLD to 0.16 ppb Au in section Site #1, from LLD to 0.29 ppb Pd, 121 to 846 ppb Cu, 68 to 236 ppb Ni, and LLD to 0.57 ppb Au in section Site #3 S1 (Figure 1 - panels B and C), from LLD to 0.31 ppb Pd, 109 to 3190 ppb Cu, 42 to 1120 ppb Ni, and LLD to 0.71 ppb Au in section Site #3 S2 (Figure 1 - panels B and C), with anomalies positioned at or near the targeted basal units of the two KLIC blocks. Results from section Site #2 were mostly LLD or below the determined background concentrations. Results from the orientation soil sampling program reflect a highly encouraging "proof of concept" for this rapid and inexpensive sampling technique, and provides the confidence for this technique to be used to screen larger target areas within the Project, in a highly cost-effective manner.
Sienna Resources Inc. is focused on exploring for and developing high-grade battery metals deposits in mining jurisdictions. The Companyâs projects include Elko Lithium Project, Clayton Valley Blue Clay Lithium Project, Clayton Valley Deep Basin Lithium Brine Project, Clayton Valley Silver Peak South Lithium Project, Dragon Uranium Project, Uranium Town Project, Marathon North Platinum-Palladium Property, Stonesthrow Gold Project, and others. Elko Lithium Project consists of 1,840 contiguous acres in Nevada. Clayton Valley Blue Clay Lithium Project consists of 150 contiguous claims totaling 3,100 acres prospective for lithium rights in Nevada. Clayton Valley Silver Peak South Lithium Project consists of one contiguous block totaling 1,812 acres. It owns the 10,845 contiguous acres of Dragon Uranium Project and the 10,357 acres of Uranium Town Project. It also owns the 55,440-acre Atomic Uranium Project. It also owns Case Lake West Cesium and Spodumene Pegmatite Project in Ontario.