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Sidney Resources Corporation and Xtra Energy Corporation Sign a Non-disclosure and Non-Circumvent Agreement in Order to Collaborate on the Refining, Processing, and Prospective Construction of an Antimony-producing Plant in the State of Nevada
COEUR D' ALENE, ID / ACCESSWIRE / June 26, 2023 / Sidney Resources Corporation (OTC PINK:SDRC) is excited to announce a signed non-disclosure and non-circumvent agreement with Xtra Energy Corporation (OTC PINK:XTPT), through its wholly owned …
COEUR D' ALENE, ID / ACCESSWIRE / June 26, 2023 / Sidney Resources Corporation (OTC PINK:SDRC) is excited to announce a signed non-disclosure and non-circumvent agreement with Xtra Energy Corporation (OTC PINK:XTPT), through its wholly owned subsidiary Irish Metals, LLC, a clean technology, clean refining, clean water, exploration, and extraction company that strives to change the way the world develops how metals are produced. Xtra Energy Corporation, an antimony exploration company focused on developing its flagship project "American Antimony", approximately 31 miles northeast of Eastgate, Nevada. The goal of this NDA is to lay the groundwork for collaboration between Irish Metals and Xtra Energy on ore refinement and processing techniques, with the ultimate goal of developing an antimony-producing plant in Nevada in close proximity to the American Antimony Project.
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Irish Metals has enhanced antimony processing with near-zero emissions and enhanced economics. This method is the first significant modification to the antimony extraction process since the Sunshine Antimony Process was introduced in 1943 by W.C. Holmes and updated in the 1990s by C. Anderson et al. Prior to that, pyrometallurgical methods had been used for hundreds of years. The outdated Sunshine Antimony method is not an effective stand-alone method. The process was effective, but it required an excessive amount of reagents, produced large quantities of salty water, yielded antimony metal products of poor quality, and made filtering of solids residue difficult. In addition, secondary treatment was typically required to recover significant metal values. The Irish Metals process has incorporated the secondary treatment and produces a marketable antimony product. The process uses minimal water and significantly reduced quantities of reagents. In addition to antimony, the process can recover value-added metals to include silver, copper, cobalt, nickel, zinc, and manganese. These value-added metals can be the deciding factor in project profitability. The American Antimony Project will be utilized to provide a case study to demonstrate the efficacy of the Irish Metals process.