Sienna Resources Inc. (SNNAF)

[toastturtle]

$SNNAF Had a good conversation with the CEO today and am very happy with what I hear. Sounds like the company had a driller to the ELKO site on Monday. Officials from the Elko District BLM office are expected to visit property and proposed site(s) in the next 7 - 10 days. Jason is hoping/expecting to drill in early October.

Things could also get interesting with the Clayton Valley Deep Basin brine project. Albermarle's Silver Peak Mine is only lithium brine producer in America (near in the basin). Pure Energy who surrounds SIE land has a joint venture with Schlumberger to develop a lithium extraction pilot plant through its venture, NeoLith Energy. Schlumberger is expected to announce news regarding this process which could change things significantly. Again SIE holds land within Pure's package.The NeoLith Energy sustainable approach uses a differentiated direct lithium extraction (DLE) process to enable the production of high-purity, battery-grade lithium material while reducing the production time from over a year to weeks. This innovative process can create new market opportunities for lithium extraction and battery manufacturing economy and maximize the value of the lithium-rich resource base in Nevada with cutting-edge extraction technology.

The pilot plant’s deployment is part of the Pure Energy Minerals agreement with Schlumberger New Energy for the development of its Nevada lithium brine property, using advanced technology to process the brine and extract high-purity lithium, maximizing the lithium resource recovery. The announcement of the DLE plant being operational and with results could be as big if not bigger catalyst than the first holes on Elko due Sienna's brine claims location in the deep part of the basin.

Lots of positives here that should warrant a much better share price IMO.