Sorrento Resources Announces Mobilization of Drill Crews and Diamond Drill at the Bottom Brook Project

Core Viewpoint - Sorrento Resources Ltd. has successfully mobilized drill crews and a diamond drill rig to its Bottom Brook Project, marking the company's inaugural drill campaign and a significant milestone in its growth [1][2]. Drilling Program - The initial phase of drilling will consist of nine diamond drill holes totaling approximately 1,300 meters, focusing on the U3 Prospect, which has historical drilling and known Rare Earth Element (REE) mineralization [2]. - The drill program aims to expand known mineralization along strike and up-dip and down-dip from historic intercepts, with two drill holes planned to twin historical holes LP-07-09 and LP-08-17 [3]. - Drilling will be conducted on a 24-hour basis, with the first drill hole expected to be completed in the first week of February [4]. Management Commentary - The CEO of Sorrento Resources, Alex Bugden, emphasized that mobilizing the first drill program is a major milestone and an exciting moment for shareholders, aiming to expand mineralization and generate fresh data for metallurgical testing [6]. Technical Services Agreement - The company has entered into a Technical Services Agreement with Bugden Exploration Inc. for geological consulting services until December 31, 2026, at a daily rate ranging from $375 to $650 [7]. Bottom Brook Project Overview - The Bottom Brook Project consists of 16 mineral licenses with a total area of 15,150 hectares, located approximately 40 km south of Corner Brook, accessible via secondary roads and near a transmission line [8]. - Historical high-grade total rare earth oxide (TREO) intercepts include notable grades such as 4.37% over 5 meters and 11.02% over 1.05 meters [10]. REE Mineralization Comparison - The REE mineralization at Bottom Brook is characterized by monazite-enriched horizons, with comparisons made to the Bayan Obo deposit and the Steenkampskraal monazite deposit, indicating strong exploration potential [11].