Welcome to our dedicated page for SIDNEY RESOURCES news (Ticker: SDRC), a resource for investors and traders seeking the latest updates and insights on SIDNEY RESOURCES stock.
SIDNEY RESOURCES CORP (SDRC) is a leading company in the mining sector, focused on sustainable practices and maximizing stakeholder value. Recent achievements include the completion of a state-of-the-art mill building, integration of solar power systems for energy efficiency, and substantial progress in ore stockpile evaluation. The company's collaboration with industry leaders and experts, such as Andrew Prelea of VAST Resources PLC, demonstrates their commitment to operational excellence and strategic growth. Additionally, the establishment of the Order of Guardians 501(c)(3) organization in partnership with GreeneLife Philanthropic signifies their dedication to environmental stewardship and community well-being.
In a strategic partnership with Airborne Motorworks Inc., SDRC is pioneering the development and testing of innovative renewable energy technologies, specifically focusing on AMW's advanced wind turbine technology within mining applications. This collaboration aims to enhance operational performance, reduce environmental impact, and meet the growing demand for sustainable energy solutions in the mining industry.
Sidney Resources Corporation (OTC PINK: SDRC) announced positive results from chemical assays at its Lucky Ben gold-silver project in Idaho. The average gold assay result was 139.30 grams per ton, with key sites yielding 65.8 g/t, 128.8 g/t, and 106.4 g/t for various samples. Silver assays averaged 233.8 g/t. The company is focused on developing innovative mining techniques through collaboration with Liberty Refiners, aiming for cost-effective and environmentally friendly practices. The project is situated in a historically rich mining area, with potential market values exceeding $1.6 billion.
Sidney Resources Corporation (SDRC) has released its financial and information disclosure reports for the third quarter of 2022, which can be accessed on the OTC Markets website and their official site. The company emphasizes its innovative approach in mining and technology aimed at benefiting the planet. The announcement underlines SDRC's commitment to both profitability and environmental responsibility as they continue developing transformative mining technologies.
Sidney Resources Corporation (OTC PINK:SDRC) has announced the expansion of its exploration operations in Central Idaho, extending beyond the Lucky Ben Mine. The company is focusing on a 20-acre private property and an unpatented claim at the Arlise Mine, with assay results revealing 18.66 g/t gold and 179.2 g/t silver. The diamond drill program aims to probe the Arlise vein. Additionally, the company is evaluating over 1,718 acres in the Warren mining district, known for rich mineral production, to further its operations.
Sidney Resources Corporation (OTC PINK:SDRC) announces the addition of two new board members: Cameron Curriden, a successful investor and entrepreneur with over $6.5 billion in transactions, and Dr. Ryan Norman, a scientist with extensive research experience. Curriden, recognized in finance, aims to enhance financial strategies, while Norman's background in nuclear engineering will guide technological advancements. The company also reported promising fire assay results from Liberty Refiners, revealing significant gold and silver concentrations.
Sidney Resources Corporation has announced encouraging initial test results from the Lucky Ben project in Idaho, conducted by Liberty Refiners. The tests revealed extremely high gold grades along with detectable levels of rare earth elements like Hafnium and Yttrium. Further testing is planned to confirm these results and determine optimal concentration techniques. The company is also exploring partnerships related to energy independence and technology extraction. These developments could significantly enhance the project's viability and overall business potential.
Sidney Resources Corporation (SDRC) announced a partnership with the Colorado School of Mines for testing its new laser mining technology. This collaboration focuses on utilizing a 4 KW IPG Photonics laser for evaluating the technology's capabilities in geological material manipulation. The patent-pending technology aims to modernize mining operations, while also addressing environmental concerns. Testing is expected to commence in late 2022, enhancing the company's position in the mining industry and potentially offering widespread benefits.
Sidney Resources Corporation (SDRC) has announced significant progress on its Lucky Ben Project. The road to the site is now open, allowing the Groundhog Mining & Milling Company to begin work on expanding the existing tunnel and conducting a second diamond drilling program. Previous surface sampling in 2018 revealed gold assays of 18.14 to 19.65 g/pt and silver assays of 150.25 to 212.65 oz/pt. The US Forest Service has approved the permit for the new access road, facilitating future operations. The exploration program intends to confirm historical production data, aiming to enhance resource identification.
Sidney Resources Corporation (OTC:SDRC) has appointed Sean-Rae Zalewski as the new Chief Executive Officer, effective immediately. Zalewski, a director since October 2021, has been instrumental in the company's strategic growth. He will focus on corporate structuring and strategic planning. Gregg Lindner remains as President, while Dan Hally is promoted to Chief Operations Officer, continuing his oversight of exploration and development. Sidney Resources is engaged in the acquisition and exploration of gold and silver properties.
Sidney Resources Corporation (OTC PINK:SDRC) announces funding commitments to advance exploration at the Lucky Ben Project for 2022. This follows confirmation from the U.S. Patent Office for a provisional patent on a new laser technology designed for mining operations. Recent drilling highlighted assay results of 23.58 g/t, indicating potential for significant gold reserves. The exploration is based on historical data and aims to confirm previous findings. Additionally, a permit for a new access road has been granted by the U.S. Forest Service, facilitating upcoming operations.
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