Sidney Resources Expands Mining Claims In The Warren District Project By 1900 Acres; Increasing Regional Control By Over 500%
Sidney Resources (OTC PINK:SDRC) has significantly expanded its Warren District Project in Idaho by 1,900.72 acres, increasing its total project footprint to 2,234 acres - a 500%+ increase. This strategic expansion, dubbed the 'Bolide Expansion', encompasses several historically significant mines and vein systems, including the New Era Mine, where initial surface ore analysis has revealed significant quantities of platinum group metals, gold, and silver.
The expansion strengthens the company's long-term resource control and potential value to shareholders. Recent assays have shown impressive grades of up to 12.8 oz/t gold and 114 oz/t silver, underscoring the project's potential. CEO Sean-Rae Zalewski emphasized that this expansion is part of a broader strategy to secure control over a world-class deposit and protect the company's interests in the region.
Sidney Resources (OTC PINK:SDRC) ha notevolmente ampliato il suo Warren District Project in Idaho di 1.900,72 acri, aumentando la superficie totale del progetto a 2.234 acri - un aumento superiore al 500%. Questa espansione strategica, soprannominata 'Bolide Expansion', comprende diverse miniere e sistemi di vene storicamente significativi, tra cui la New Era Mine, dove le prime analisi del minerale di superficie hanno rivelato quantità significative di metalli del gruppo platino, oro e argento.
L'espansione rafforza il controllo a lungo termine delle risorse dell'azienda e il potenziale valore per gli azionisti. Recenti esperimenti hanno mostrato gradi impressionanti fino a 12,8 oz/t di oro e 114 oz/t di argento, sottolineando il potenziale del progetto. Il CEO Sean-Rae Zalewski ha sottolineato che questa espansione fa parte di una strategia più ampia per garantire il controllo su un deposito di livello mondiale e proteggere gli interessi dell'azienda nella regione.
Sidney Resources (OTC PINK:SDRC) ha ampliado significativamente su Warren District Project en Idaho en 1.900,72 acres, aumentando su huella total del proyecto a 2.234 acres - un incremento de más del 500%. Esta expansión estratégica, llamada 'Bolide Expansion', abarca varias minas históricamente significativas y sistemas de venas, incluida la New Era Mine, donde el análisis inicial del mineral de superficie ha revelado cantidades significativas de metales del grupo del platino, oro y plata.
La expansión refuerza el control de recursos a largo plazo de la empresa y el valor potencial para los accionistas. Los recientes análisis han mostrado grados impresionantes de hasta 12,8 oz/t de oro y 114 oz/t de plata, subrayando el potencial del proyecto. El CEO Sean-Rae Zalewski enfatizó que esta expansión es parte de una estrategia más amplia para asegurar el control sobre un depósito de clase mundial y proteger los intereses de la empresa en la región.
Sidney Resources (OTC PINK:SDRC)는 아이오와주의 Warren District Project를 1,900.72 에이커 확장하여 총 프로젝트 면적을 2,234 에이커로 늘렸습니다 - 500% 이상의 증가입니다. 이 전략적 확장은 'Bolide Expansion'으로 명명되었으며, New Era Mine를 포함하여 역사적으로 중요한 여러 광산과 광맥 시스템을 포괄합니다. 초기 표면 광석 분석 결과, 플래티넘 그룹 금속, 금 및 은의 상당한 양이 밝혀졌습니다.
이 확장은 회사의 장기 자원 통제 및 주주에 대한 잠재적 가치를 강화합니다. 최근 분석 결과는 12.8 oz/t 금 및 114 oz/t 은이라는 인상적인 품위를 보여주어 프로젝트의 잠재력을 강조합니다. CEO인 Sean-Rae Zalewski는 이 확장이 세계적 수준의 매장지에 대한 통제를 확보하고 지역 내 회사의 이익을 보호하기 위한 더 넓은 전략의 일환이라고 강조했습니다.
Sidney Resources (OTC PINK:SDRC) a considérablement élargi son Warren District Project dans l'Idaho de 1.900,72 acres, augmentant sa surface totale de projet à 2.234 acres - une augmentation de plus de 500%. Cette expansion stratégique, surnommée 'Bolide Expansion', englobe plusieurs mines historiques significatives et systèmes de veines, y compris la New Era Mine, où les analyses initiales du minerai de surface ont révélé des quantités significatives de métaux du groupe platine, d'or et d'argent.
L'expansion renforce le contrôle à long terme des ressources de l'entreprise et la valeur potentielle pour les actionnaires. Des analyses récentes ont montré des teneurs impressionnantes allant jusqu'à 12,8 oz/t d'or et 114 oz/t d'argent, soulignant le potentiel du projet. Le PDG Sean-Rae Zalewski a souligné que cette expansion fait partie d'une stratégie plus large visant à sécuriser le contrôle d'un dépôt de classe mondiale et à protéger les intérêts de l'entreprise dans la région.
Sidney Resources (OTC PINK:SDRC) hat sein Warren District Project in Idaho um 1.900,72 Acres erheblich erweitert und die gesamte Projektfläche auf 2.234 Acres erhöht - eine Steigerung von über 500%. Diese strategische Erweiterung, die als 'Bolide Expansion' bezeichnet wird, umfasst mehrere historisch bedeutende Minen und Gangsysteme, darunter die New Era Mine, wo erste Oberflächenanalysen des Erzes signifikante Mengen von Platinmetallen, Gold und Silber ergeben haben.
Die Erweiterung stärkt die langfristige Kontrolle der Ressourcen des Unternehmens und den potenziellen Wert für die Aktionäre. Jüngste Analysen haben beeindruckende Gehalte von bis zu 12,8 oz/t Gold und 114 oz/t Silber gezeigt, was das Potenzial des Projekts unterstreicht. CEO Sean-Rae Zalewski betonte, dass diese Expansion Teil einer umfassenderen Strategie sei, um die Kontrolle über ein weltklasse Vorkommen zu sichern und die Interessen des Unternehmens in der Region zu schützen.
- Expansion of Warren District Project by 1,900.72 acres, increasing total footprint to 2,234 acres (500%+ increase)
- Inclusion of historically significant mines with potential for resource recovery
- Initial surface ore analysis at New Era Mine revealed significant quantities of platinum group metals, gold, and silver
- Recent assays showing high grades up to 12.8 oz/t gold and 114 oz/t silver
- Strategic positioning to control valuable mineral deposits and protect against external influences
- None.
"Unlocking Strategic Control Over High-Value Precious Metals and Historic Mines, Positioning for Long-Term Growth"
WARREN, ID / ACCESSWIRE / September 18, 2024 / Sidney Resources Corporation (OTC PINK:SDRC), a mining company focused on the exploration and development of high-potential mineral assets, is pleased to announce a significant expansion of its Warren District Project in Warren, Idaho. This strategic move underscores Sidney's commitment to enhancing shareholder value from its flagship property and advancing towards district-wide production. This brings the total company land holdings to 3,174 acres.
Key Highlights of the Expansion
Increased Exploration Footprint - "Bolide Expansion":
Sidney Resources has significantly increased its exploration area by 1,900.72 acres, expanding the total Warren project footprint to 2,234 acres. This represents a remarkable
Newly Covered Resources Strengthening Project Longevity:
The expansion claims now encompass a collection of historically significant mines and vein systems, each with a legacy of mineral production. These include the New Era, Monitor, Summit, Rainier, Minnahaha, Gaiety, Silver Monarch, Dewey, and Firecracker Mines. Additionally, the expansion covers three unnamed veins north of the Lucky Ben and another unnamed vein to the west.
These historical sites are key to Sidney Resources' strategy to gain greater control over the rich mineral deposits in the Warren District. The surface ore tailings pile left behind from historical workings offer a unique opportunity for re-examination and resource recovery. Of particular importance is the New Era Mine, where initial surface ore analysis has revealed significant quantities of platinum group metals, gold, and silver. This discovery underscores the enormous potential of these claims and adds substantial value to the project.
Long-Term Resource Control and Value to Shareholders:
The inclusion of these well-established mines and vein systems not only extends the lifespan of the Warren District Project but also significantly boosts its overall value. By securing control over these historically productive areas, Sidney Resources is poised to enhance resource recovery efforts and optimize its long-term production strategy. This calculated expansion positions the company to capitalize on previously untapped deposits, ensuring a longer project life and providing increased value to shareholders.
**All of the above named mines have historical workings with tailings piles. The company is examining these for precious metal content. Ore on the surface at the New Era Mine contain impressive quantities of gold, platinum group metals and silver (See Figure 2).
Updated Geological Data: Assays from the latest labs continue to show stunning results, with grades up to 12.8 oz/t gold and 114 oz/t silver, further underscoring the potential for increased resource estimates, providing confidence in the deposit's long-term potential, and the need to swiftly execute this expansion.
CEO Comment: Sean-Rae Zalewski, CEO of Sidney Resources, commented: "Through the strategic expansion of our claims we have positioned Sidney Resources Corporation to defend and insulate itself from the influence of other corporations that may try to "buy" the region. This is our second regional expansion. This is just the tip of the spear of activity we will share this fall".
COO Comments: Dan Hally, COO of Sidney Resources, commented "As we advance the expansion of the Warren District Project, it's important to emphasize that each new claim was strategically selected through meticulous research and geological exploration as part of our long-term plan to secure control over a world-class deposit,"
Contact & Learn More:
Sidney Resources Corporation
Phone: 509-552-9858
dan@sdrccorp.com
Corporate Website: http://sidneyresources.com/
Corporate LinkedIn: https://www.linkedin.com/company/sidney-resources-corp/
Corporate Twitter: https://twitter.com/SDRCMINING
Corporate Instagram: https://www.instagram.com/sidney_resources_corp/
About Sidney Resources Corp.
Sidney Resources Corporation is a precious metals exploration and mine development, green technology, clean water and clean refining company that strives to change the way the world develops. Our efforts will provide a cleaner world so our children can express their brilliance to the highest of their potential. Our future lies in our future generations ability to problem solve without the toxins and carcinogens that inhibit development. Sidney is advancing technologies that will implement cleaner methods not only beneficial economically but designed to maintain a sustainable future.
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.
SOURCE: Sidney Resources Corp.
View the original press release on accesswire.com
FAQ
What is the size of Sidney Resources' Warren District Project after the recent expansion?
What significant mines are included in SDRC's expanded Warren District Project?
What precious metals have been found in the surface ore at the New Era Mine within SDRC's expanded claims?
What are the highest grades of gold and silver reported in recent assays from SDRC's Warren District Project?
How does the recent expansion affect Sidney Resources 's (SDRC) strategic position in the Warren District?
