Sienna Resources Inc. announced that it has entered into an arm's length property option agreement whereby it has been granted an option to acquire a 100% interest in the "Elko Lithium Project" in Elko County, Nevada. This project consists of approximately 1200 contiguous acres directly bordering Surge Battery Metals' "Nevada North Lithium Project" inElko County, Nevada. This agreement is subject to TSX Venture Exchange (the "Exchange") approval.

The Nevada North Lithium Project has retuned some of the highest grades for lithium in Nevada. According to Surge's website, "Drill hole NN2207 intersected the thickest intervals of lithium-rich claystone encountered to date; a total of 120.4 metres (395 feet) averaging 3,943 parts per million lithium in four zones." Plans are being formulated immediately for the first phase of work on this project. Sienna management cautions that past results or discoveries on properties in proximity to Sienna may not necessarily be indicative of the presence of mineralization on the company's properties.

Recently, the Bureau of Land Management (BLM) has given Sienna approval for up to 4 additional holes to be completed on the 100% owned Blue Clay Lithium Project in Clayton Valley, Nevada. On March 25, 2022, Sienna revealed a new lithium discovery on the Blue Clay Lithium Project. Lithium values as high as 1230 ppm Li were encountered.

The Blue Clay Lithium Project consists of 150 contiguous claims totaling approximately 2,950 acres prospective for lithium right in the heart of the Clayton Valley in Nevada, which is currently home to the only producing lithium region in North America. Terms of the agreement: . Upon receipt of conditional approval from the Exchange, the Optionee has the exclusive right and option to earn a 100% legal and beneficial interest in the Elko Lithium Project from the owner by making cash payments totalling $92,000 and issuing stock totalling 16 million shares (the "Transaction") as set out below: Paying the optionor $92,000 within five (5) days of all applicable approvals (including receipt of conditional approval of the Exchange); Issuing the optionor 10,0000,000 common shares within five (5) days of all applicable approvals (including receipt of conditional approval of the Exchange); Issuing the optionor 3,000,000 common shares within 10 days of drilling a hole that returns drilling results evidencing at least 1,000 ppm lithium anywhere in the hole; and Issuing the optionor 3,000,000 common shares within 10 days of receiving a technical report (in compliance with NI 43-101) by an acceptable and accredited 3rd party evidencing a minimum of 1,000,000 LCE with a 300 ppm cut-off.

The option agreement constitutes an Expedited Acquisition under the policies of the Exchange. All common shares issuable under the option agreement will be issued with a restrictive period of four months and one day. There were no finder's fees payable in connection with the option agreement.