Sidney Resources Corporation Announces Strategic Acquisition of Silver Monarch Property in Warren District, Idaho
Sidney Resources (OTC PINK:SDRC) has acquired the historic Silver Monarch mine and 40 acres of private patented property in Pony Meadows, Idaho. The property, formerly known as the Keystone Mine, dates back to the 1870s and historically yielded up to $80 per ton when gold was at $19 per ounce.
Recent XRF testing has confirmed significant concentrations of gold, silver, platinum, and other valuable metals, including iridium and palladium. The property features five distinct veins and includes historical shafts reaching 130 feet, though geological evidence suggests vein structures extend beyond 2,000 feet.
The acquisition provides operational control entirely on private land, minimizing regulatory hurdles. The property also includes Web Creek's headwaters, where the company plans to conduct water quality assessments and implement bio-remediation techniques where necessary.
Sidney Resources (OTC PINK:SDRC) ha acquisito la storica miniera Silver Monarch e 40 acri di terreno privato brevettato a Pony Meadows, Idaho. La proprietà, precedentemente conosciuta come Keystone Mine, risale agli anni '70 del 1800 e storicamente ha prodotto fino a 80 dollari per tonnellata quando l'oro era a 19 dollari l'oncia.
I recenti test XRF hanno confermato significative concentrazioni di oro, argento, platino e altri metalli preziosi, inclusi iridio e palladio. La proprietà presenta cinque vene distinte e include pozzi storici che raggiungono i 130 piedi, sebbene le evidenze geologiche suggeriscano che le strutture delle vene si estendano oltre 2.000 piedi.
Questa acquisizione offre un controllo operativo completamente su terreno privato, riducendo al minimo gli ostacoli normativi. La proprietà include anche le sorgenti di Web Creek, dove l'azienda prevede di effettuare valutazioni della qualità dell'acqua e implementare tecniche di biorisanamento dove necessario.
Sidney Resources (OTC PINK:SDRC) ha adquirido la histórica mina Silver Monarch y 40 acres de propiedad privada patentada en Pony Meadows, Idaho. La propiedad, anteriormente conocida como Keystone Mine, data de los años 1870 y, históricamente, producía hasta 80 dólares por tonelada cuando el oro estaba a 19 dólares por onza.
Las recientes pruebas XRF han confirmado concentraciones significativas de oro, plata, platino y otros metales preciosos, incluyendo iridio y paladio. La propiedad presenta cinco vetas distintas e incluye pozos históricos que alcanzan los 130 pies, aunque evidencia geológica sugiere que las estructuras de las vetas se extienden más allá de 2,000 pies.
La adquisición proporciona control operativo totalmente sobre tierras privadas, minimizando obstáculos regulatorios. La propiedad también incluye las fuentes de Web Creek, donde la compañía planea realizar evaluaciones de la calidad del agua e implementar técnicas de biorremediación según sea necesario.
Sidney Resources (OTC PINK:SDRC)는 아이다호 주 포니 메도우에 있는 역사적인 실버 모나크 광산과 40에이커의 개인 특허 소유지를 인수했습니다. 이 자산은 이전에 키스톤 광산으로 알려졌으며, 1870년대에 기원을 두고 있으며, 역사적으로 금이 온스당 19달러일 때 톤당 최대 80달러를 생산했습니다.
최근의 XRF 테스트 결과 금, 은, 백금 및 기타 귀금속, 즉 이리듐과 팔라듐의 상당한 농도가 확인되었습니다. 이 자산은 다섯 개의 뚜렷한 vein을 특징으로 하며, 130피트에 이르는 역사적인 샤프트를 포함하고 있지만 지질학적 증거는 vein 구조가 2,000피트 이상으로 확장된 것으로 보입니다.
이번 인수는 모든 작업이 개인 소유 토지에서 이루어질 수 있도록 하여 규제 장애물을 최소화합니다. 이 자산은 또한 웹 크릭의 수원지를 포함하며, 회사는 수질 평가를 수행하고 필요한 경우 생물 복원 기술을 구현할 계획입니다.
Sidney Resources (OTC PINK:SDRC) a acquis la mine historique Silver Monarch et 40 acres de propriété privée brevetée à Pony Meadows, Idaho. La propriété, anciennement connue sous le nom de Keystone Mine, remonte aux années 1870 et a historiquement produit jusqu'à 80 $ par tonne lorsque l'or était à 19 $ l'once.
Des tests XRF récents ont confirmé des concentrations significatives de or, d'argent, de platine et d'autres métaux précieux, y compris l'iridium et le palladium. La propriété présente cinq veines distinctes et comprend des puits historiques atteignant 130 pieds, bien que des preuves géologiques suggèrent que les structures de veines s'étendent au-delà de 2 000 pieds.
Cette acquisition offre un contrôle opérationnel entièrement sur des terres privées, minimisant ainsi les obstacles réglementaires. La propriété inclut également les sources de Web Creek, où la société prévoit de réaliser des évaluations de la qualité de l'eau et de mettre en œuvre des techniques de bioremédiation si nécessaire.
Sidney Resources (OTC PINK:SDRC) hat die historische Silber Monarch Mine und 40 Acres Privatland in Pony Meadows, Idaho, erworben. Das Grundstück, früher bekannt als Keystone Mine, stammt aus den 1870er Jahren und erzielte historisch bis zu 80 Dollar pro Tonne, als Gold bei 19 Dollar pro Unze lag.
Jüngste XRF-Tests haben bedeutende Konzentrationen von Gold, Silber, Platin und anderen wertvollen Metallen, einschließlich Iridium und Palladium, bestätigt. Das Grundstück weist fünf verschiedene Erzgänge auf und umfasst historische Schächte, die 130 Fuß tief sind, obwohl geologische Beweise darauf hindeuten, dass die Erzgänge über 2.000 Fuß hinaus reichen.
Der Erwerb bietet vollständige operationale Kontrolle auf privatem Land, wodurch regulatorische Hürden minimiert werden. Das Grundstück umfasst auch die Quellgebiete von Web Creek, wo das Unternehmen plant, Wasserqualitätsbewertungen durchzuführen und bei Bedarf Bioremediationsverfahren umzusetzen.
- Strategic acquisition of 40 acres of private patented land reduces regulatory barriers
- Historical high-value ore production of $80 per ton
- Recent XRF testing confirms presence of multiple precious metals
- Property includes five distinct veins with potential depth extension beyond 2,000 feet
- Private land status allows for faster exploration and production timeline
- Environmental remediation may be required for Web Creek headwaters
- Historical mining to shallow depths of 130 feet, requiring significant exploration investment
Expansion of Precious Metals Portfolio Enhances Growth Potential and Strengthens Position in Key Mining Region
WARREN, ID / ACCESS Newswire / January 24, 2025 / Sidney Resources Corporation (OTC PINK:SDRC) is pleased to announce the acquisition of 40 acres of private patented property in Pony Meadows, Idaho, including the historic Silver Monarch mine, formerly known as the Keystone Mine. This acquisition marks a significant milestone in our strategic growth within the Warren District and underscores our commitment to revitalizing this historically rich mining region.
A sample from the Silver Monarch Mine dump
Highlights of the Silver Monarch Acquisition
Legacy of High-Value Ore: The Silver Monarch mine, dating back to the 1870s, boasts a documented history of exceptional ore values. Historical production reports indicate yields up to
$80 per ton when gold was valued at$19 per ounce.Strategic Location: Positioned on the eastern end of vein structures within Sidney Resources' Warren Project holdings, the Silver Monarch property provides operational control entirely on private land, minimizing regulatory hurdles.
Modern Testing Results: Recent XRF testing has confirmed significant concentrations of gold, silver, platinum, and other valuable metals, including iridium and palladium. These findings reinforce the site's potential for scalable production.
Additional Vein Structures: The property includes a location mapped with five distinct veins, further enhancing its resource potential and providing additional exploration opportunities.
Leveraging Historical Data with Modern Technology
The Silver Monarch mine's historical shafts reached only 130 feet, despite geological evidence suggesting vein structures extend beyond 2,000 feet. By combining extensive historical data with cutting-edge exploration and extraction technologies, Sidney Resources is poised to unlock the full potential of these rich ore bodies.
Exposed vein at the Silver Monarch Mine
A sample from the surface at the Silver Monarch Mine
Environmental Stewardship and Sustainability
The property includes the headwaters of Web Creek, presenting an opportunity for comprehensive water quality assessments. Sidney Resources is committed to:
Conducting detailed water testing to identify any historical issues.
Implementing advanced bio-remediation techniques where necessary to restore and preserve the ecosystem.
Upholding best-in-class environmental practices to balance economic opportunity with ecological integrity.
Quote from Leadership
"The acquisition of the Silver Monarch is a pivotal step in advancing our Warren Project," said Dan Hally, COO of Sidney Resources Corporation. "This strategic purchase allows us to fast-track exploration and production on private land while leveraging historical insights to identify high-value opportunities."
"The recent purchase of the Silver Monarch Property adds to an extensive mineral package already controlled by Sidney Resources within the Warren Mining District, central Idaho. The Silver Monarch was a group of patented mines centered on a vein stockwork system that targeted high grade gold and silver pockets similar to many of the other large producing mines of the district. Initial Geochem data taken from dump material in the fall of 2024 indicates the property has serious merit. Strategic base metals and REE's stand out from the initial sampling.
The Silver Monarch adds an additional +/- 40 acres of deeded patents that are strategically located and will be crucial for future mine planning. The purchase is a great fit and will play a key role in the strategy to expand operations to the south-east part of the district," said Steve Dobson, Chief Geologist for Sidney Resources.
Future Outlook
Sidney Resources plans to:
Accelerate exploration activities to validate deeper vein extensions.
Provide ongoing updates on development progress and economic assessments.
Demonstrate leadership in responsible mining practices that benefit stakeholders and the environment alike.
About Sidney Resources Corporation
Sidney Resources Corporation is a publicly traded company (OTC PINK:SDRC) focused on the exploration and development of precious metals in the Warren Mining District of Idaho. We are committed to sustainable resource management and leveraging innovative technologies to create value for both investors and the community.
For more information, please visit https://sidneyresources.com/ or contact us at dan@sdrccorp.com.
FORWARD-LOOKING STATEMENTS:
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause materially different results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For a discussion of these risks and uncertainties, please see our filings with the OTC Markets Group Inc. Our public filings with the OTC Markets Group Inc are available from commercial document retrieval services and at the website maintained by the OTC Markets at https://www.otcmarkets.com/stock/SDRC/disclosure
Contact Information
Dan Hally
COO
dan@sdrccorp.com
509-552-9858
SOURCE: Sidney Resources Corporation
View the original press release on ACCESS Newswire
FAQ
What are the key metals found in SDRC's Silver Monarch property through recent XRF testing?
How deep are the historical shafts at SDRC's Silver Monarch mine?
What was the historical ore value from SDRC's Silver Monarch mine in the 1870s?
How many distinct veins are mapped in SDRC's Silver Monarch property?
What environmental commitments has SDRC made regarding the Silver Monarch acquisition?
