Sidney Resources Corporation (OTC:SDRC) has announced the successful staking of six lode claims and one placer claim near the renowned Hornet Patented Claim, which is part of the Lucky Ben project in Idaho.
The company also said it has uncovered five substantial gold ore stockpiles, perceived to be the remnants of the historical Knott and Delaware Veins.
"We are witnessing visible gold in the ore samples, a rare phenomenon that I have encountered only once before at this volume, at a Montana mine that was a multi-ounce per ton producer," Sidney Resources geologist Steve Dobson said in a statement.
Sidney noted that after conducting a meticulous survey and using a density of 150 pounds per cubic feet, it has estimated approximately 4,700 tons of ore in one of the smaller stockpiles, with visible gold present in every sample examined.
The company added that it is in the process of preparing samples for extensive analysis by Florin Labs, estimating 20,000 tons or more of high-grade ore in total.
"This is highly exhilarating considering the substantial high-grade ore located in close proximity to our new mill building at Lucky Ben," Sidney Resources chief operating officer Dan Hally stated.
He further explained that the lode claims are instrumental in securing the mineral rights for the vein structure, while the placer claim ensures the mineral rights to the surface material are secure.
Sidney Resources is a green technology, clean water and clean refining company that strives to change the way the world develops.
Contact Sean at sean@proactiveinvestors.com