Aankondiging • Dec 04
Sidney Resources Corporation Reports Positive Mining and Milling Advancements Near Warren, Idaho Sidney Resources Corporation announced substantial progress at mining and milling project near Warren, Idaho. The dedication to innovation and environmental stewardship has led to remarkable developments in infrastructure and operational efficiency. Sustainable Practices, Mill Building Completion and Energy Efficiency; The mill building is now complete, featuring redundant heating systems for optimal functionality. The electrical system is fully installed, and 2000-gallon water storage is operational, bolstering resource management capabilities. A milestone achievement is the installation of solar system, significantly reducing reliance on the 100 KW diesel generator. This shift is projected to cut diesel usage by approximately 9,720 gallons every six months, leading to cost savings of over $42,000 and markedly decreasing carbon footprint. Mining Process Optimization; Continuous testing and fine-tuning of trommel and water agitation concentrator are underway. They are adapting processes to address the higher clay content in the ore, ensuring efficient gold recovery and minimizing loss. The efforts have led to more effective concentration levels and a cleaner operation. Innovative Smelting Process and Environmental Commitment; The smelting process, featuring the unique 'secret sauce', is optimized to produce high-quality green glass-like slag, indicating the efficiency of method. are committed to environmentally responsible practices, as seen in method of separating silver and gold Infrastructure Enhancements and Resource Management; The arrival and installation of ball mill mark a significant step forward, offering the flexibility of wet or dry processing methods. Similarly, new gold table is a testament to cutting-edge resource separation technology. They have also received and are installing the long-awaited parts for secondary crusher, promising to enhance processing efficiency. The collaboration with Western Frontier engineers has yielded a sustainable solution for a consistent water source, crucial for operations. This development aligns with commitment to environmental, social, and governance goals, aiming for near-zero liquid discharge and a clean processing approach. Winter Preparedness and Team Collaboration: As they prepare for the winter season, site is fully equipped, thanks to the tireless efforts of the teams at Western Frontier and Bottari Repair and Consulting. Sufficient fuel storage and supplies have been secured, ensuring uninterrupted operations during the cold and snowy months. Visual Insights and Forward-Looking Statement: They have included videos and pictures of smelting process to provide a more comprehensive understanding of operations. Looking ahead, Sidney Resources Corporation remains committed to continuous improvement, sustainable practices, and technological advancements, driving forward mission in the mining and milling sector. Aankondiging • Nov 09
Sidney Resources Corporation Reports Assay Results and A Comprehensive Evaluation of Recently Discovered Gold-Enriched Stockpiles Sidney Resources Corporation announced the highly anticipated assay results from the recently discovered five significant ore stockpiles which are thought to be remnants of the historical Knott and Delaware Veins near the renowned Hornet Patented Claim, which is part of the thriving Sidney Resources Corporation mining projects near Warren, Idaho. Bulk sampling was performed on the lower stockpile. This involved a grab sample process, taken from multiple regions, including the top, middle, and toe sections of each of the five stockpiles. Sample sites were duly marked and geo-referenced. The gold grade for these samples ranged from 0.72 oz/ton to 1.78 oz/ton Au. An additional 50-pound bulk sample was processed down to a 29-gram concentrate and analyzed, yielding a gold grade of 117 oz/ton Au. This equates to an approximate bulk grade of 2.925 oz/ton. To obtain the 50-pound bulk sample, material was collected in five 5-gallon buckets until the weight of 50 pounds was reached. This method enabled a complete representation of the stockpile, including ore from the upper, middle, and bottom sections. Each of these materials was crushed to a 50-mesh granularity and condensed to a 29-gram sample before being delivered to Florin Analytical Services. Florin Analytical Services selected the sample size based on the test requirement sample size. Geologist Steve Dobson upheld sampling integrity throughout the procedure. Stockpile Location: As of October 20th, 2023, there is approximately 1000 tons of ore grade material stockpiled at the mill site. All material is from the lower stockpile located on the SRP-1 Placer Claim and SRL-1 Load Claim. Barring any unforeseen catastrophic events, the end of year goal of 2000-tons set by Dan Hally, COO for ore grade material to be stockpiled at the mill will be met. The estimated tonnage of the ore-grade material in the SRP-1 Placer Claim stockpiles is approximately 20,000 tons. The conservative estimated gold contained in the ore is approximately 36,200 oz/Au. Given the current gold price of $1974/oz(as of market close pre-press release of 11/7/2023, the gross estimated value of the gold content in the stockpile amounts to $71.458 Millionwhen using the mean assay of 1.81oz/t. The 2000 tons of ore grade material being moved to the mill building is estimated to contain 3,620 oz/Au. Given the current gold price of $1,974/oz, the gross estimated value of gold content in the stockpile at the Sidney Mill amounts to $7.145 Million. Price fluctuations in gold. The gold grade variations within the stockpile, taking into account both high-grade and low-grade zones, The concentration's density. The parent rock's density. Rates of milling and smelting recovery. Aankondiging • Nov 01
Sidney Resources Corp. Appoints Joe Maier to its Board of Directors Sidney Resources Corporation declared the appointment of Joe Maier to its board of directors. Mr. Maier, a seasoned attorney with expertise in mergers and acquisitions (M&A) and trust law, will assume the crucial role of providing guidance to the company in matters of governance and strategic planning for potential M&A endeavors. Maier possesses over two decades of professional expertise, specializing in several areas including estate planning, succession planning, deferred compensation design, executive compensation planning, income tax planning, and mergers and acquisitions (M&As). He also has experience handling wealth transfers, including multigenerational dynasty planning and grantor-trust sales, as well as structuring new businesses and designing exit strategies. Maier represents clients ranging from business owners, investors, and developers to families with multimillion-dollar business valuations and real estate portfolios. In conjunction with his expertise in estate planning, Maier possesses extensive knowledge and proficiency in income tax matters, encompassing the establishment, functioning, and dissolution of multiple company organizations. In addition, he is responsible for managing tax structuring in the context of mergers and acquisitions, tax-exempt corporate reorganizations, post-mortem administration, and intricate probate affairs. Additionally, Maier is responsible for supervising internal sales activities, which encompass intra-family wealth transfers and sales to insiders, including employee stock ownership programs. Maier is a highly sought-after public speaker who delivers monthly presentations on a diverse range of subjects pertaining to the field of estate planning. He is a member of the Wisconsin State Bar's Taxation, Property, and Probate sections, as well as co-president of the Society of Financial Services Professionals. Additionally, he holds a position on the board of directors for Centro Legal and actively participates in the membership committee of Make a Difference Wisconsin. Maier obtained his Juris Doctor degree from the University of Wisconsin Law School, located in Madison. Aankondiging • Oct 06
Sidney Resources Corporation Discovers Gold-Enriched Stockpiles Sidney Resources Corporation announced the successful staking of six lode claims and one placer claim near the renowned Hornet Patented Claim, which is part of the thriving Lucky Ben Project near Warren, Idaho. The claims, SRL-1 to SRL-6 and SRP-1 for the placer claim, have been properly marked and registered with the Bureau of Land Management. Discovering a Golden Legacy: In the course of a meticulous surface exploration led by esteemed geologist Steve Dobson and COO, Dan Hally. The detailed exploration hints at an illustrious legacy, with indications of significant prior works, including the attempted installation of a stamp mill, sadly never completed due to logistical hurdles, and the federalization of gold. Thus, these valuable ore reserves were left unutilized. Securing a Goldmine: The lode claims are instrumental in securing the mineral rights for the vein structure, while the placer claim ensures the mineral rights to the surface material are secure, explains Dan Hally, offering well-rounded protection to important assets. A Glimpse into the Past: The rich tapestry of historical records, including narratives from the historic Warren Times, paints a vibrant picture of the ambitious undertakings, revealing the stories of abundant ore stockpiles and the unfinished journey of the stamp mill. Aankondiging • Aug 24
Sidney Resources Corporation Reports High-Grade Gold Assays Up to 171 G/T Gold from Initial Testing At the Walla Walla Project, Warren, Idaho Sidney Resources Corporation reported the results of three assays performed on ore from the Walla Walla Mine. These preliminary test findings for the Walla Walla Project near Warren, Idaho, were processed by Andrew Thad Marvin, PE, and COO of Marvin Minerals (a division of Marvin's). The Walla Walla Project is located within the Marshall Lake Mining District of Idaho County, Idaho. Approximately 10 miles from Sidney's Lucky Ben Project, the Walla Walla Mine is a high-grade gold vein located near the historic Kimberly Mining District, which successfully produced over 1,000,000 ounces of gold. The obtained assay results represent a significant advancement in comprehending the composition of the ore found within the Walla Walla Project. There are numerous reasons for excitement. Extensive research on the ore has led to the identification of a highly effective collector metal for use with the ore at the Walla Walla Mine, which has demonstrated a remarkable enhancement of 450% in the gold extraction from the ore, surpassing the performance of previously most efficient collector metal. Preliminary findings indicate a potential recovery rate of up to 92% for precious metals (PMs) obtained from the treated ore. This figure represents a 12% increase compared to the commonly observed industry benchmark of 80%. It should be noted that via continued improvement of the procedure, there exists a genuine possibility of surpassing the initial results in terms of percentage recovery. In the past The Walla Walla Mine has proven to be a challenging ore source for gold extraction, since numerous assays conducted on samples from the mine have consistently yielded results far lower than those obtained at Marvin's. One component of the MMOP System (Marvin Minerals Ore Processing System) enters doing a spectrum analysis of the ore in order to ascertain the optimal constituents for utilization in the "Secret Sauce" during the assaying process. It may be inferred that the Walla Walla Mine possesses ore that appears a striking similarity to that of the Lucky Ben Mine. Marvin's will employ its specialist fire assaying technique to enhance comprehension of the optimal extraction methods for maximizing the yield of precious metals from the Lucky Ben testing and fine tuning of the under construction mill for bulk sampling of up to 1200 tons of material generated from directly drifting on the Lucky Ben vein over the coming months. Aankondiging • Feb 07
Sidney Resources Corp. Appoints New Board Member Mike Irish of Irish Metals, an Environmental and Metallurgical Engineer Sidney Resources Corp. appointed New Board Member Mike Irish of Irish Metals, - an Environmental and Metallurgical Engineer. Sidney Resources Corporation, welcome Mike Irish of Irish Metals LLC to the Sidney team! Mr. Irish is a registered Professional Engineer in Environmental Engineering with a BS and MS in Metallurgical Engineering from the University of Idaho. He has a lifelong interest in chemistry over his 35+ years developing a number of novel and innovative processes for the recovery of cyanide, arsenic stabilization, and the remediation of nitrates. Irish also developed various leach methods for complex concentrates of cobalt, antimony, copper, silver, and created a novel process for recovering phosphate from water. Mr. Irish has worked with many mining companies to obtain air quality and water discharge permits and has ensured that mine waters met environmental permit standards. This included several years at the Sunshine Silver Refinery and The Cripple Creek &Victor Gold Mine. Aankondiging • Jan 31
Sidney Resources Corp. Announces the Completed Mirror Bonding At Washington State University for its Laser Test Unit Sidney Resources Corporation announced the successfully completed mirror bonding for its potentially revolutionary laser test unit. The mirror bonding was completed at Washington State University with the assistance of their Material Science and Engineering Program and Clean Room. All of these activities are in preparation for the eagerly awaited testing at Colorado School of Mines. Aankondiging • Oct 21
Sidney Resources Corporation Announces It Has Expanded Exploration Efforts Beyond the Lucky Ben Claim in the Historic Warren Mining District of Idaho Sidney Resources Corporation announced the expansion of exploration operations beyond the Lucky Ben Mine. Exploration and development work has been expanded to 20 acres of private property and to an unpatented claim where the Arlise Mine is located. Initial sampling of the exposed face of the Arlise vein produced assay results averaging 18.66 g/t gold and 179.2 g/t silver. Plans to prove the downward dip of the Arlise vein are part of a diamond drill program scheduled for this year as long as weather permits. The Arlise vein runs parallel to the Lucky Ben vein and underground drill platforms in the Lucky Ben tunnel will be used in the drilling program to reduce soil disturbances and the environmental impact. Initial work on the Hornet Claim includes locating the Adits and raises described in the patent survey. The Hornet Claim was patented by J.A. Czizek who was the Inspector of Mines for Idaho in the early 1900's and was known as the most scientific miner of his era. He was associated with many of the most successful mines in the Warren District. The Company is currently reviewing over 1,718 acres as possible acquisition targets in the Warren area, one of the largest gold producing districts in Idaho. The Warren mining district lies in the Salmon River Mountains of north-central Idaho, in southern Idaho and northern Valley counties. Gold, galena, sphalerite, tetrahedrite, stibnite, and pyrite are the primary metallic minerals that were recognized in the Warren veins. The mines of the Warren district are reported by the USGS to rank among the richest mines in Idaho. The mines have excellent assays and previous production records. One assay shows a whopping 20,776 grams of silver per ton plus gold. Historically this mining District has produced silver up to 2,660 grams per ton. The Little Giant Vein gold ore was displayed at international exhibitions and won premium awards. An ore specimen as large as a man's body was sent to the Boise Stock Exchange in 1896 which assayed $11,155/ton (24,976 grams/gold per ton @$0.44 per gram). According to published USGS reports this vein averaged 156.8 g/t gold and 840 g/t silver. Aankondiging • Oct 06
Sidney Resources Corporation Announces Board Changes Sidney Resources Corporation, announced that company have added two exceptionally qualified Board Members who are thought leaders in their fields. The highly successful business leader, Cameron Curriden joined the Board of Directors. Mr. Curriden is a highly successful, Investor, Entrepreneur, Web 3 Enthusiast and Family Man. He is the Principal and CEO of CJC Esteemed Partners. Cameron had his beginnings in marketing and business development and in the early 2010's ventured into real estate investing, building a company from scratch to multimillion dollar valuation in 18 months. In the last 5 years, Cameron has been actively involved in over $6.5 Billion in transactions. During that time, Cameron has founded and exited 3 companies and also has invested in and has sat on the advisory boards for multiple startup companies in the tech, entertainment and digital securities space. In 2020, he was nominated for the Top 100 people in Finance and in 2021 was listed as the top 40 under 40 Professionals in the US. Cameron is also very active in several charitable foundations involved in building homes for women coming off the streets in Houston and providing jobs and education as well as Microfinance in one of the poorest countries in the world, Burundi, Africa. Dr. Ryan Norman joined the Board of Directors. Dr. Norman is a scientist with 21 years of research experience. Dr. Norman received his Ph.D. in physics from Worcester Polytechnic Institute in 2008. His dissertation focused on the nuclear and particle physics of space radiation. He was a recipient of the NASA Graduate Student Research Program Fellowship from 2005-2008. After graduation, Dr. Norman was a postdoctoral scholar in the Nuclear Engineering department at the University of Tennessee, then was a postdoctoral scholar with the NASA Postdoctoral Program at Langley Research Center. Dr. Norman has served as a research professor of nuclear engineering and an adjunct professor of physics. He also has extensive project management experience, having managed multiple projects, including a $4 Million per year research project with 14 investigators. Dr. Norman has co-authored over 60 research articles, presented at numerous international conferences, and is the recipient of multiple awards including the 2021 NASA Early Career Achievement Medal for "exceptional achievement in developing understanding of the radiation environment affecting aircraft and spacecraft". Dr. Norman is the co-founder of Coastal Virginia Gaelic Athletic Association, a 501c3 nonprofit, and served as the chairman for the 4 years and a board member for an additional 2 years before stepping down in 2018. As a thought leader in science.