Core Viewpoint - Sienna Resources Inc. is planning to recommence operations in Nevada on its lithium projects due to a significant increase in lithium prices, which have risen over 150% since June 2025, creating a favorable environment for project activity [1][2]. Company Operations - The company will focus on two lithium projects: the Cave Creek Lithium Project, located within Surge Battery Metals Inc.'s project area, and the Clayton Valley Deep Basin Lithium Brine Project, which lies within SLB Limited's lithium brine project area [1]. - Sienna Resources Inc. has approximately $1.5 million in cash, positioning the company strongly to advance its Nevada lithium assets [2]. Market Conditions - The rapid increase in lithium prices is noted to be similar to trends observed in other commodities, indicating a broader market movement [2]. - The company anticipates being active on its lithium projects throughout 2026, leveraging the current market conditions [2].
Sienna Resources Inc. Looking to Commence Operations in Nevada on Its Lithium Projects
TMX Newsfile·2026-01-13 08:01