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Sienna Resources Inc.
Summary
| Project: | Slattberg | |
|---|---|---|
| Deposit: | Slattberg | |
| Location: | Sweden | |
| Commodities: | Nickel-Cobalt-Copper-Platinum-Palladium | |
| Date: | 5/17/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-5-2018: Sienna Resources Inc. announces an Exploration/Drilling Update report for its Slattberg deposit at the Slattberg project. Drilling results incl. 13.0m @ 0.32% Ni, 338ppm Co, 0.28% Cu, 0.37Pd+Pt ppm from 118.0m. Vancouver, British Columbia--(New | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Greg Thomson (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - May 17, 2018) - Sienna Resources (TSXV: SIE) ("Sienna") is pleased to announce encouraging drill results from the recently completed 7 hole, 942 meter drill program at its Slättberg nickel-copper cobalt project in Sweden (see Table 1, below). Drill results from this initial drill program at Slättberg show several significant intercepts of nickel and cobalt mineralization in areas that are along strike and down dip from historic mine workings in the area. These results include 2.8 meters averaging 1.05% nickel and 1125 ppm cobalt and 0.79% copper in drill hole SIE-18-3, and 13.0 meters averaging 0.32% nickel and 340 ppm cobalt 0.28% and copper and 0.32 ppm platinum + palladium, including 2.35 meters averaging 0.87% nickel and 594 ppm cobalt and 0.35% copper and 0.73 ppm platinum + palladium in drill hole SIE-18- 5. This serves as clear evidence that additional bodies of nickel, cobalt and PGE-rich sulfide mineralization exist in the area, and remain open at depth and along strike. Hole SIE-18-3 was drilled to the east of the historic Myrgruvans Mine, in an area that was previously untested by drilling. However, magnetic surveys in early 2018 showed a strong anomaly in the area, which was generated by the nickel bearing pyrrhotite-rich mineralization intercepted by hole SIE-18-3. The target remains open along strike and at depth. Hole SIE-18-4 was drilled in the vicinity of another strong magnetic anomaly, further to the west along the mining trend. Mining maps from the area showed historic workings extending to a depth of 40 m in the area. However, hole SIE-18-4 entered mine workings at 76.8 meters depth, and was lost when drilling could not continue through a stope. Thus, mining in the area continued to significantly greater depths than had been indicated by the historic records. Hole SIE-18-5 was drilled from the same drill pad as SIE-18-4, but was set back 7.5 meters and drilled a steeper angle. The hole intercepted pyrrhotite-rich mineralization 13.0 meters averaging 0.32% nickel and 0.28% copper and 0.034% cobalt and 0.32 ppm platinum + palladium (true widths interpreted to be 55-65% of the interval). This confirmed the presence of mineralization extending below the mine workings, and the likely source of the magnetic anomaly. Further, the thickness of massive and semi-massive sulfide in hole SIE-18-5, along with brecciated textures suggest that the mineralization may be broadening at depth. The target remains open at depth and along strike. | |
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