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Sorrento Resources Ltd
Symbol SRS
Shares Issued 53,652,769
Close 2026-01-15 C$ 0.27
Market Cap C$ 14,486,248
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Sorrento signs drilling contract with Gladiator

2026-01-15 18:40 ET - News Release

Mr. Alex Bugden reports

SORRENTO RESOURCES ANNOUNCES DRILLING CONTRACT AND RECEIVES PERMIT TO DRILL BOTTOM BROOK PROJECT

Sorrento Resources Ltd. has entered into a drilling contract with Gladiator Drilling, which 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, PGeo, director and qualified person of Sorrento Resources, 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, the Rodgers Cove gold project and the Harmsworth (VMS (volcanogenic massive sulphide)) project, all located in Newfoundland.

We seek Safe Harbor.

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