18:29:42 EDT Wed 01 May 2024
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Sorrento Resources Ltd
Symbol SRS
Shares Issued 19,008,611
Close 2024-01-09 C$ 0.14
Market Cap C$ 2,661,206
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Sorrento samples 254 ppb Au, 2,700 ppm As at Wing Pond

2024-01-18 13:21 ET - News Release

Mr. Brayden Sutton reports

SORRENTO RESOURCES RESULTS FROM GEOCHEMICAL SAMPLING ON THE WING POND PROPERTY

Sorrento Resources Ltd. has received analytical results from the fall geochemical sampling program carried out at the Wing Pond property. In total, 274 soil samples were collected across the property in an approximately 400-metre-by-400-metre spaced grid. In addition, 27 grab samples were collected over the course of the program.

The geochemical sampling program produced six samples above the 98th percentile for gold (greater than 16.54 parts per billion gold) and six samples above the 98th percentile for arsenic (greater than 106.32 parts per million arsenic) with the highest samples returning 254 parts per billion gold and 2,700 parts per million arsenic, respectively.

The anomalies in some cases are expressed as single-point anomalies, but there are several coincident areas with anomalous gold and arsenic values. There is a high-priority area for follow-up in the next field program on the Property due to the association of gold and arsenic at known gold occurrences along the Wing Pond shear zone.

Grab samples were collected in narrowly focused areas and returned results of no significant values. No grab samples were collected in the anomalous areas defined by the geochemical sampling program.

All samples were analyzed by SGS Canada Inc. Samples were prepared at the SGS site in Grand Falls, Nfld., and analysis was performed at the SGS site in Burnaby, B.C. Samples were analyzed using a two-acid leach (HCL/HNO3) with ICP-MS finish (GE_ARM3V25). SGS Canada is accredited to ISO/IEC 17025:2017 standards and certified to ISO 9001:2015 standards.

The company will continue analysis of the field data collected, which will be integrated with historical data sets to determine the next phase of follow-up work on the property.

Qualified person

The technical information contained in this news release has been reviewed and approved by Garry Clark, PGeo, a qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Sorrento Resources Ltd.

Sorrento Resources is engaged in the acquisition, exploration and development of mineral property assets in Canada. The company's objective is to locate and develop economic precious metal and base metal properties of merit, including the Wing Pond, Tom Joe, Silver Mountain, Jacksons Arm and Taylor's Pond gold projects, the Peg lithium project, and the Harmsworth (volcanogenic massive sulphide) project -- all located in Newfoundland.

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