Sienna Update on Norway Gold Project
05 Novembro 2020 - 11:05AM
InvestorsHub NewsWire
![](https://investorshub.advfn.com/uimage/uploads/2020/11/5/Aspose.Words.1c905cb7-7af6-498a-8d6b-6b7a33c6ce8e.001.png)
Sienna
Resources Inc
Suite
2905-700
West Georgia Street
Vancouver, BC V7Y
1C6
Sienna
Update on Norway Gold Project
Vancouver, CA -- InvestorsHub Newswire -- Sienna Resources
Inc. (SIE—TSX.v) (A1XCQ0–FSE)
(SNNAF—OTCBB) (November
5,
2020)
(the
"Company")
Sienna
Resources
is pleased to announce that it has entered into an agreement with
EuroSwiss Equity Group ("EuroSwiss") of Switzerland pursuant to
which EuroSwiss will assist Sienna with business development, media
awareness and investor relations activities in Switzerland and
other European countries.
Sienna
Resources is pleased to announce the commencement of field
exploration at the Bleka Gold Project in Norway. The Bleka Vein was
discovered in 1880 and mined intermittently until 1940, with
historic production reported as 165 kilograms (i.e., ~ 5,300 troy
ounces) of gold sourced from mineralized material with an average
grade of 36 g/t gold1.
The historic Bleka vein is hosted in a deformed greenstone belt in
southern Norway and was formed during two phases of quartz-veining
events. Auriferous quartz veins characteristically contain Cu-Bi
and tourmaline2.
Compilation of historic reports combined with reconnaissance
mapping revealed a series of under-explored vein swarms on the
Bleka property. Earlier this year, a systematic sampling
program to test the vein swarms was initiated to identify gold-rich
vein sets. Results were encouraging with over 10% of samples
showing anomalous gold results (6 of 52 rockchip
samples
contained more than 0.1 ppm Au)3.
Historic reports show rock chip samples with similar quantities of
anomalous results with some vein samples reaching up to 103 g/t
Au4.
As a result of this
field
work, previously unknown quartz veins were
discovered and follow-up soil sampling is currently being conducted
in an
attempt
to identify additional buried quartz veins.
Going
forward Sienna has planned more surface sampling coupled with
a planned
UVA
supported magnetic survey which will delineating important
structural features to generate high priority
drill
targets. Over the coming weeks
the
historic mine maps will be compiled to create 3D model of the known
mineralization and drill planning will commence to test mineralized
continuation down plunge and along strike from the existing mine
workings. SIE has not
performed sufficient work to verify the published data reported
above, but SIE believes this information is considered reliable and
relevant.
![](https://investorshub.advfn.com/uimage/uploads/2020/11/5/Aspose.Words.1c905cb7-7af6-498a-8d6b-6b7a33c6ce8e.002.png)
1.
Gamst &
Thomsen (1998) Gold Exploration in The Seljord and Hjartdal area of Telemark,
Southern Norway, Norwegian Geological Survey Report 4655. (https://dirmin.no/sites/default/files/bibliotek/BV4655.pdf)
2.Wilberg
& Røsholt (1998) Exploration Report. Bleka Concession, Telemark South
Norway, Norwegian Geologic Survey Report 4661. (https://dirmin.no/sites/default/files/bibliotek/BV4661.pdf)
3.Samples were
collected in accordance with industry standards best practices.
Samples are collected and sent to ALS Malå, Sweden prep lab before they
are sent for analysis at ALS Ireland. Pulps are analyzed using
four acid super trace analysis (ME-MS61) and cyanide leach with AAS
finish (Au-AA14). Accredited control samples (blanks and standards)
are inserted into the sample intervals regularly.
4.
Harpøth & Gregersen (1984) Gold Exploration in the Belka Fold area, Telemark,
Norwegian Geological Survey Report 1656. (https://dirmin.no/sites/default/files/bibliotek/BV1656.pdf)
Jason
Gigliotti, President of Sienna Resources stated,
"We are pleased to
continue on the initial success that has been achieved at the Bleka
gold project. We have a methodical, tactical approach to
generate the highest priority drill targets in the coming weeks and
look forward to what the next phase of work on the property will
uncover. Not only are we active on this exciting gold
project, we are also active in Finland and Ontario on our
platinum-palladium projects."
The
technical contents of this release were approved by Greg Thomson,
PGeo, a qualified person as defined by National Instrument
43-101.
About
Sienna Resources
Sienna
Resources Inc. is focused on exploring for and developing
high-grade deposits in politically stable, environmentally
responsible and ethical mining jurisdictions. Sienna
is partnered with an NYSE listed mining company on three separate
projects in Scandinavia including
the past-producing Bleka & Vekselmyr Orogenic Gold Projects in
Southern Norway which are both greenstone-hosted gold
systems, the
Kuusamo platinum
group elements (PGE) project
in Finland directly bordering the LK Project being advanced by
Palladium One Mining Inc. (PDM-TSX.v), and the Platinum-Palladium-Nickel
Slättberg Project in Southern Sweden. In North
America, Sienna's projects
include the Marathon North
Platinum-Palladium Property in Northern Ontario directly bordering
Generation Mining Ltd.'s (CSE:
GENM) 7.1-million-ounce palladium-equivalent Marathon Deposit.
Sienna also has the Clayton Valley Deep Basin Lithium Project in
Clayton Valley, Nevada, home to the only lithium brine basin in
production in North America, in the direct vicinity of Albemarle
Corp's (NYSE: ALB) Silver Peak deposit and Tesla Motors Inc.'s
(Nasdaq: TSLA) 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.
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.
Sienna Resources (TSXV:SIE)
Gráfico Histórico do Ativo
De Jul 2024 até Ago 2024
Sienna Resources (TSXV:SIE)
Gráfico Histórico do Ativo
De Ago 2023 até Ago 2024