Sorrento talks Bottom Brook drilling

Executive Summary

• Sorrento Resources expanded its Bottom Brook diamond‑drill program from 6 holes (≈1,000 m) to 10 holes (≈1,500 m) after encouraging visual observations and operational efficiencies.
• Six completed holes have intersected multiple high‑grade rare‑earth oxide (TREO) intervals, including 8.19 % TREO over 2 m and 15 % TREO over 0.5 m.
• The company highlights the geological similarity of Bottom Brook’s monazite‑enriched REE mineralization to world‑class deposits such as Bayan Obo (China) and Steenkampskraal (South Africa).

Key Details

• Drill Program Progress: 6 holes finished, total depth >1,000 m; program now slated for 10 holes totaling ~1,500 m.
• High‑Grade Intercepts to Date (TREO):
• 4.37 % over 5 m
• 4.47 % over 5.6 m
• 8.19 % over 2.0 m
• 15 % over 0.5 m
• 11.02 % over 1.05 m
• 1.269 % over 7.5 m
• Project Scope: 16 mineral licences, 606 claims, covering 15,150 ha; located ~40 km south of Corner Brook with access to deep‑water port and infrastructure.
• Geological Context: REE mineralization is monazite‑rich; core sample chemistry closely matches Bayan Obo (57.4 Mt @ 6 % TREO) and comparable to Steenkampskraal (665,000 t @ 14.5 % TREO).
• Management Commentary: CEO Alex Bugden expressed confidence in the geological model and potential to expand known REE mineralization, prompting program expansion.
• Qualified Person: Alex Bugden, P.Geo., NI 43‑101 qualified person, reviewed and approved technical information.

Notable Quotes

“We are very encouraged by the progress of the drill program at Bottom Brook,” said Alex Bugden, CEO. “Expanding the program to 10 holes reflects our confidence in the geological model and the potential to grow the known rare‑earth mineralization.”