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Sidney Resources Corporation Commences Operations at Its Gold,
Silver, and Cobalt Mine
BOISE, Idaho, Sept. 13 /PRNewswire-FirstCall/ -- Sidney Resources Corporation
(OTC:SDRC), a Nevada Corporation, is pleased to announce that after evaluation
and due diligence of several patented precious metals prior producing
properties, they have long term leased the historic Lucky Ben Mine, 41 miles
north of McCall, Idaho.
Beginning in 2003 they constructed roads and continue to complete the
infrastructure and buildings. Some mining equipment, materials and supplies
are on site or at their McCall warehouse.
They gained access to the old workings at the 6553' level adit and their
consulting metallurgist and mining consultant took ore samples from old stopes
as well as over 950 lineal feet on strike of the vein at the surface.
Independent, certified, fire and atomic absorption assay reports confirm ore
grades from just above trace amounts to: gold 1.866 oz per ton, silver 45.37
per ton, and cobalt 317 P.P.M. to 871 P.P.M.
In addition to 53 +/- acres of patented claims, they have filed four unpatented
claims totaling 80 acres adjacent to the Lucky Ben including the old Arlise
silver/gold producer.
The operations plan includes capturing all mine and mill emissions and
re-circulating them as well as filing worked out mine areas with all mill
tailings. Surface disturbance is kept to a minimum and all roads are treated
for dust abatement. Hydro seeding bids have been requested. They do no open
pit mining and do not use cyanide heap leaching or mercury amalgation.
Bio-leaching is currently being lab tested.
Sidney Resources is capitalized at 500 million shares of common stock with 19.5
million shares outstanding and are debt free.
The annual meeting of shareholders is being scheduled for late October 2004. A
copy of Sidney Resources' 15 C 211 is available on request.
Certain statements contained in the news release are "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995. Such statements are based on beliefs of management as well as
assumptions made by, and information currently available to, management.
Forward-looking statements are subject to risks, uncertainties, and other
factors that could cause actual results to differ materially from expected
results.
DATASOURCE: Sidney Resources Corporation
CONTACT: W.F. Bill Brown of Sidney Resources Corporation,
+1-208-853-6121