Sienna Resources Inc. (TSXV: SIE) (OTC Pink: SNNAF) (FSE: A1XCQ0) has announced the acquisition of the 10,845 contiguous acre Dragon Uranium Project, adjacent to Cameco Corporation (CCO, CCJ) in the Athabasca Basin of Saskatchewan, known for the world’s highest-grade uranium mines.

Dragon Uranium Project Acquisition

Sienna’s strategic move coincides with uranium prices reaching a 16-year peak, suggesting a diversification into the uranium sector while maintaining a lithium focus. The company’s presence in the Athabasca Basin, alongside the industry leader Cameco, ensures shareholder exposure to the mining sector’s top-performing area over the previous year.

Uranium Market Outlook

Jason Gigliotti, President of Sienna, expressed confidence in the uranium market’s potential and the company’s growth through strategic acquisitions. Sienna’s financial health, with sufficient funds to advance its projects, supports these endeavors.

About Sienna Resources Inc.

Recently, Sienna expanded its portfolio to include the Dragon Uranium Project and Elko Lithium Project, positioning itself as a significant landholder in North America’s primary lithium-producing region. The pilot plant by NeoLith Energy, expected to yield results in 2024, may impact the company’s prospects in Clayton Valley, Nevada.

Qualified Person maintaining the scientific integrity of this announcement is Mr. Frank Bain, PGeo.

Contact Information

Telephone: 1.604.646.6900

Fax: 1.604.689.1733

President, Director: Jason Gigliotti

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