11:18:21 EST Thu 15 Jan 2026
Enter Symbol
or Name
USA
CA



Sorrento Resources Ltd. - Common Shares
Symbol SRS
Shares Issued 53,652,769
Close 2026-01-14 C$ 0.25
Market Cap C$ 13,413,192
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ORIGINAL: Sorrento Resources Announces Drilling Contract and Receives Permit to Drill Bottom Brook Project

2026-01-15 08:01 ET - News Release

Vancouver, British Columbia--(Newsfile Corp. - January 15, 2026) - Sorrento Resources Ltd. (CSE: SRS ) (OTCQB: SRSLF) (the "Company" or "Sorrento") a Canadian exploration company focused on the acquisition, exploration, and development of mineral projects in Atlantic Canada, is pleased to announce it has entered into a drilling contract with "Gladiator Drilling", who will be mobilizing to the Company's flagship properties, Rodgers Cove and Bottom Brook, by the end of January. The Company has also received a permit to drill the Bottom Brook Project.

Under the agreement, Gladiator Drilling will complete a minimum of 3,000 metres of core drilling to test high-priority target zones which will be identified through mapping, sampling, and historic work.

Management Commentary
Alex Bugden, P. Geo., Director and Qualified Person of Sorrento Resources Ltd., commented: "We are quickly advancing towards our first phase of drilling at the Bottom Brook and Rodgers Cove Properties with the support of Gladiator Drilling. They have extensive local knowledge and experience to ensure this program is executed successfully. We look forward to taking aim at verifying and expanding on the significant rare earth mineralization previously defined and will provide more updates as mobilization and drilling commences."

About Sorrento Resources Ltd.
Sorrento is engaged in acquisition, exploration, and development of mineral property assets in Canada. Sorrento's objective is to locate and develop economic precious and rare earth element, gold, and base metal properties of merit including the Bottom Brook Project, Rodgers Cove Gold, and Harmsworth (VMS) project all located in Newfoundland.

On Behalf of The Board of Directors,

SORRENTO RESOURCES LTD.

"Signed"
Alex Bugden
President, Chief Executive Officer, and Qualified Person
investors@sorrentoresources.ca
709-693-4088

Disclaimer for Forward-Looking Information

This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance are "forward-looking statements". Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280294

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