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Sorrento Resources Ltd. Intersects 52m of 0.98% TREO, Bottom Brook, Newfoundland

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Sorrento Resources Ltd. Intersects 52m of 0.98% TREO, Bottom Brook, Newfoundland

 

 

 

 

 

Sorrento Resources Ltd. (CSE: SRS) (OTCQB: SRSLF) a Canadian exploration company focused on the acquisition, exploration, and development of mineral projects in Atlantic Canada, is pleased to announce that drillhole SRS26-009 intersected a 52m thick interval with 0.98% TREO * at the Company’s Bottom Brook Project in Newfoundland and Labrador.

 

Highlights:

  • SRS26-009 intersected 52m of 0.98% TREO from 42m (22.96% of the Rare Earth Elements, not TREO, are NdPr**)
  • SRS26-007 intersected 16m of 1.51% TREO from 10m (23.78% of the Rare Earth Elements, not TREO, are NdPr)

 

Mineralization occurs in areas of low to moderate radioactivity within massive to semi-massive magnetite. The mineralization is hosted by a variety of lithologies including amphibolite, alkali-granite, and quartz-feldspathic igneous rocks. Higher grade intercepts are defined as containing >1% TREO.

 

In the coming weeks the company will begin metallurgical test work.

 

*Based on industry standards, TREO% includes Y2O3 contents.

**NdPr refers to a mixed rare-earth oxide or metal product composed predominantly of neodymium (Nd) and praseodymium (Pr), two light rare-earth elements commonly co-produced during rare-earth separation and widely used in high-strength permanent magnets.

 

The following tables and figures summarize the key results from Sorrento Resources’ 2026 drilling program at the Bottom Brook Project. Table 1 highlights the best TREO% drill hole intersections identified to date, while Figure 1 illustrates the spatial distribution of both Sorrento’s and historical Ucore LP drill holes across the project area. Figures 2 through 6 present representative cross sections that define the REE mineralized envelope as interpreted using data from selected Sorrento and historical drill holes and provides insight into the continuity and geometry of mineralization. Table 2 details the concentrations of individual rare earth oxides within the strongest drill intercepts. Figure 7 includes representative core photographs from drill hole SRS26-009 with corresponding TREO% assay intervals. Lastly, Table 3 summarizes collar coordinates and spatial information for the ten holes completed by Sorrento during the 2026 drill campaign.

 

Table 1. Compiled composites for drill holes SRS26-003, SRS26-005, SRS26-007, SRS26-008, SRS26-009, and SRS26-010.

 

Figure 1. Plan map of historic UCore Uranium Inc. drilling and Sorrento Resources Ltd. 2026 drilling. Historic drill hole collars are denoted by a red circle with a black dot in the middle and Sorrento’s with a white circle with a black dot in the middle.

 

Figure 2. Drill hole cross section for Sorrento’s drill holes SRS26-009 and SRS26-010.

 

Figure 3. Drill hole cross section for Ucore’s drill holes LP07-10, LP08-13, and LP08-14 and Sorrento’s drill hole SRS26-007

 

Figure 4. Drill hole cross section for Sorrento’s drill holes SRS26-004 and SRS26-005.

 

Figure 5. Drill hole cross section for Ucore’s drill hole LP08-16 and Sorrento’s drill holes SRS26-003, SRS26-001, and SRS26-002.

 

Figure 6. Drill hole cross section for Ucore’s drill hole LP08-11 and LP08-012 and Sorrento’s drill holes SRS26-008

 

Table 2. Breakdown of each individual rare earth oxide for drill holes SRS26-005, SRS26-007, SRS26-009, and SRS26-010. *Widths are reported as core lengths and not true widths. True widths are estimated to be approximately 70-90% of the core length.

 

Figure 7. Core photographs indicating sample intervals assayed for TREO % in drill hole SRS26-009 (42-94m).

 

Table 3. UTM Collar Coordinates and drillhole details. Coordinates were collected using a Differential-GPS in UTM ZONE 21-NAD 83 CSRS.

 

Management Commentary

“These latest drill results continue to demonstrate the significant scale and consistency of rare earth mineralization at Bottom Brook. The broad intercept in hole SRS26-009, together with the higher-grade interval in hole SRS26-007, reinforce our confidence in the project’s potential to host a meaningful rare earth system. Equally encouraging is the strong proportion of neodymium and praseodymium (NdPr), which are among the most valuable rare earth elements due to their critical use in high-strength permanent magnets for electric vehicles, wind turbines, and other advanced technologies. As we move into metallurgical testing, we are entering an important phase of the project’s development that will help us better understand the recovery characteristics of the mineralization and further define Bottom Brook’s economic potential.”

-Alex Bugden, P. Geo, Chief Executive Officer and President, Sorrento Resources Ltd.

 

QA/QC Commentary

 

Sorrento Resources QA/QC protocols were maintained through the insertion of certified reference material (standards), blanks, and duplicates within the sample stream at approximately one in ten samples. The drill core was cut in half with a diamond saw, with one half placed in sealed bags and shipped to the laboratory and the other half retained on site. Chain of custody is maintained from the drill through to submittal into the laboratory preparation facility.

 

Analytical testing was performed by Activation Laboratories Ltd., Ancaster, Ontario. Samples are finely pulverized to 95% passing 74 µm (200 mesh), fused with lithium metaborate/ tetraborate to ensure full mineral decomposition, and analyzed by ICP-OES and ICP-MS. A mass balance check is performed to ensure oxide totals fall within 98–101%, validating data quality and completeness.

 

The exploration results described herein are preliminary in nature and are insufficient to define a mineral resource. Further drilling is required to determine the continuity, geometry, and grade distribution of mineralization.

 

About the Bottom Brook Project

The Bottom Brook Project is made up of 16 mineral licenses comprising 606 individual, yet contiguous, claims for a total area of 15,150 hectares. It is located approximately 40km south of the City of Corner Brook which has a deep-water port, skilled workforce, and multiple service providers. The property is accessible via a network of secondary roads immediately adjacent to the Trans-Canada Highway. There is a transmission line which also runs through the western portion of the property

 

Previously drilled high grade total rare earth oxide (TREO) from Ucore Uranium Inc. include:

  • 4.37% over 5m
  • 4.47% over 5.6m
  • 8.19% over 2.00m
  • 15% over 0.5m
  • 11.02% over 1.05m
  • 1.269% over 7.5m

 

The REE mineralization in Bottom Brook is characterized by monazite-enriched horizons.

 

Qualified Person

Dr. Derek Wilton P.Geo, a Qualified Person in accordance with National Instrument 43-101 and independent from Sorrento Resources, has reviewed and approved the technical information contained in this press release.

 

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.

 

Posted July 7, 2026

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