Sidney Resources Corporation Discovers Gold-Enriched Stockpiles; Stakes Claims Adjacent to Lucky Ben Project
WARREN, ID / ACCESSWIRE / October 4, 2023 / Sidney Resources Corporation (OTC PINK:SDRC) is pleased to announce the successful staking of six lode claims and one placer claim near the renowned Hornet Patented Claim, which is part of the thriving …
WARREN, ID / ACCESSWIRE / October 4, 2023 / Sidney Resources Corporation (OTC PINK:SDRC) is pleased to announce 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.
Figure 1 : Aerial Map Showing Location of Hornet Patented Claim
Discovering a Golden Legacy
In the course of a meticulous surface exploration led by esteemed geologist Steve Dobson and our COO, Dan Hally, we've uncovered five substantial ore stockpiles, perceived to be the remnants of the historical Knott and Delaware Veins. 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.
Figure 2: Excerpt from Geology and Ore Deposits of The Warren Mining District 1937 by John C. Reed.
Striking Gold!
Geologist Steve Dobson shares his excitement, "We are witnessing visible gold in the ore samples, a rare phenomenon that I have encountered only once before at this volume, at a Montana mine that was a multi-ounce per ton producer." After conducting a meticulous survey and using a density of 150 pounds per cubic feet, we have estimated approximately 4700 tons of ore in one of the smaller stockpiles, with visible gold present in every sample examined. We are in the process of preparing samples for extensive analysis by Florin Labs, estimating 20,000 tons or more of high-grade ore in total.
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Figure 3 : Ore sample from lower stockpile located on claim SRP-1.
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 our important assets. "This is highly exhilarating considering the substantial high-grade ore located in close proximity to our new mill building at Lucky Ben," he said, emphasizing the discovery's strategic significance.