This strategic property consists of 61 contiguous claims totalling approximately 1230 acres and is positioned directly on the western border of Surge Battery Metals’ ('Surge') Nevada North Lithium Project – a rapidly emerging, high-grade lithium claystone discovery. Surge recently reported an updated Inferred Resource of 8.65 million t of lithium carbonate equivalent (LCE) (see Surge Battery Metals news release dated July 24, 2025). With Cave Creek bordering this significant lithium deposit, Sienna is targeting the same lithium-bearing stratigraphy that underpins one of the most exciting new lithium discoveries in North America.
Jason Gigliotti, President of Sienna Resources Inc. stated, “This new acquisition positions Sienna as one of the largest landholders in this rapidly emerging lithium district. Surge Battery Metals has delineated one of the highest-grade lithium deposits in the United States, and our newly acquired Cave Creek Project directly borders their property – potentially along the same mineralised trend. Lithium prices are currently trading at year-to-date highs, and there has been a marked resurgence of interest in lithium equities. With just over 25 million shares outstanding, Sienna offers shareholders substantial upside leverage to any exploration success on the ground. We believe the renewed focus on lithium will only accelerate as broader markets begin to grasp the explosive growth potential tied to self-driving technologies and robotics – sectors heavily reliant on lithium-ion batteries. Management is confident that Sienna is entering the early stages of a major news flow and marketing cycle, and we want our shareholders to clearly understand our commitment to building long-term value.”