On August 21, 2024, Sienna Resources Inc., a mineral exploration company, announced the expansion of its Dragon Uranium Project in the Athabasca Basin. The company has increased its acreage to 23,134 contiguous acres, positioning it directly adjacent to Cameco Corporation. Management at Sienna Resources Inc. is currently developing plans for the uranium projects in the Athabasca Basin.

Jason Gigliotti, President of Sienna Resources Inc., stated that the increased acreage in the Athabasca Basin is a significant milestone for the company. He highlighted the district’s reputation as the world’s highest grade uranium district and emphasized the recent interest in uranium due to the opening of the USA’s first major uranium project in 30 years. Sienna Resources Inc. also expanded its landholdings near Ramp Minerals Inc in Saskatchewan, a development that aligns with Eric Sprott’s major stake in the area, signaling potential growth in the mining district.

In addition, Sienna Resources Inc. has recently acquired the Stonesthrow Gold Project in Saskatchewan and the Case Lake West Cesium and Spodumene Pegmatite Project in Ontario. The company is strategically positioning itself in key mineral regions and exploring new opportunities for growth. The expansion of Sienna Resources Inc.’s portfolio through staking acquisitions reflects the company’s commitment to advancing its mineral exploration projects.

Mr. Frank Bain, a qualified person as per National Instrument 43-101, has reviewed and approved the scientific and technical disclosures in this news release. For further information or to join Sienna Resources Inc.’s email list, please contact info@siennaresources.com or follow their Twitter account @SiennaResources.

Statements in this news release that are forward-looking are subject to various risks and uncertainties, as outlined in the Company’s continuous disclosure documents filed on SEDAR. The company does not guarantee that actual events or results will align with these forward-looking statements. Sienna Resources Inc. is not liable for any inaccuracies or inadequacies in the information provided.

For the original source of this press release, please visit https://www.newsfilecorp.com/release/220629(Photo credit: Corporate Logo)

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Alexander is the founder and author of Microcaps.ca, a leading resource for investors interested in the micro-cap stock market. With a passion for uncovering hidden gems in the world of small-cap stocks, Alexander combines in-depth research with years of experience in the financial markets to provide readers with valuable insights and timely analysis. Investors should conduct their own research or consult with a qualified investment advisor before making any investment decisions. The author of this article is not responsible for any gains or losses incurred from investing in companies mentioned.

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