Sienna to start drilling on nickel-cobalt-copper project in Sweden
Category: #business  By Akshay Kedari  Date: 2019-07-22
  • share
  • Twitter
  • Facebook
  • LinkedIn

Sienna to start drilling on nickel-cobalt-copper project in Sweden
  • Novel high-priority drilling targets were introduced in 2018 following electromagnetic surveys and geophysical work & sampling
  • The project work is scheduled to begin in August 2019.

Sienna Resources Inc., (Sienna), a dedicated Vancouver-based high-grade energy metal deposit exploration company, has reportedly announced the launch of a multi-hole drilling program on its flagship cobalt, copper and nickel Slättberg Project in Sweden.

Reports cite, novel high-priority drilling targets were introduced in 2018 following electromagnetic surveys and geophysical work & sampling from the 2018 Slättberg drill program.

Slättberg, which lies 25 km northwest to the city of Falun, Sweden is an old mining hub that hosts massive nickel-cobalt-copper rich sulfide mineralization, which occurs within two kilometer range of copper-nickel mines. This project has drill-defined sulfide mineralization extending up to 100 meters in terms of depth, and remains intact for extension at depth as well as along strike.

The mineralization at the Slättberg Project is hosted by Supracrustal rocks (metasediments and metavolcanics), 1.8 and 1.9 Ga (Svecofennian), which is found on southwestern flank of a big gabbroic-intrusive complex. These historic mines are located alongside the east-west trend of large sulfide occurrences developed within and around a body of ‘leptite’, felsic/rhyolitic tuffaceous rocks typically associated to sulfide mineralization in Bergslagen.

The President of Sienna Resources, Jason Gigliotti stated that the company is thrilled to be back-drilling on its project. Nickel prices were seen increasing and junior mining is gaining popularity. Gigliotti further added that the outcome of 2018 drill program was encouraging, however, it required further target definition. New sampling has provided new drill targets, which the company plans to test in the summer of 2019.

Reports cite, Sweden finds itself at the forefront of the mining industry’s development and exploration boom. Sweden has an active geological survey, greater public support and a lower corporate income tax rates for export-oriented resource extractions. Project work is expected to start by August of 2019.

Source Credit: https://www.globenewswire.com/news-release/2019/07/22/1885505/0/en/Sienna-Resources-Scheduled-to-Commence-Drilling-on-Flagship-Sl%C3%A4ttberg-Nickel-Copper-Cobalt-Project-in-Sweden-in-August.html

About Author

Akshay Kedari    

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More

More News By Akshay Kedari

Norwegian Air join forces with JetBlue to expand transatlantic network
Norwegian Air join forces with JetBlue to expand transatlantic network
By Akshay Kedari

To meet increasing demand for air travel across nations and to play a lead role in the aviation industry, numerous airline companies are joining forces to roll out new plans for their passengers. A similar instance occurred recently when U.S.-based J...

Nazara acquires 51 percent stake in edutainment studio Paper Boat Apps
Nazara acquires 51 percent stake in edutainment studio Paper Boat Apps
By Akshay Kedari

Global edutainment industry is set to witness one of the most exponential growth spurts among various technology sectors in the forthcoming years. The industry is thus experiencing a series of developments, acquisitions and collaborations among marke...

SGI Aviation inks a new cooperation agreement with Regional Jet Center
SGI Aviation inks a new cooperation agreement with Regional Jet Center
By Akshay Kedari

The global aviation sector is projected witness exponential growth as global spending on repair, maintenance and overhaul services are expected to rise significantly over the next decade due to an increasing number of people choosing air travel. Thus...