Sidney Resources Corporation (OTC:SDRC) has highlighted “numerous reasons for excitement” from the three assays performed on ore from the Walla Walla mine near Warren, Idaho.
The company said extensive research identified a highly effective collector metal for use with the ore at Walla Walla, demonstrating an enhancement of 450% in the gold extraction from the ore, outperforming the company’s previously most efficient collector metal.
“Preliminary findings indicate a potential recovery rate of up to 92% for precious metals (PMs) obtained from the treated ore. This figure represents a 12% increase compared to the commonly observed industry benchmark of 80%,” the company said in a statement.
The Walla Walla mine has proven to be a challenging ore source for gold extraction, since numerous assays conducted on samples from the mine have consistently yielded results far lower than those obtained at the latest tests.
"We are very excited to see the continuation of high-grade assays in our recently acquired Walla Walla Project," Sean-Rae Zalewski, CEO of Sidney Resources said in a statement.
“Regarded as a complex ore source for gold extraction by previous companies, we approached this challenge with determination and promptly devised a solution that has yielded outcomes even surpassing initial expectations.”
The Walla Walla Mine is a high-grade gold vein located near the historic Kimberly Mining District, which successfully produced over a million ounces of gold.