OTC Pink: SDRC
OTC Pink: SDRC
The Walla Walla Project is located within the Marshall Lake Mining District of Idaho County, Idaho. Approximately 10 miles from Sidney's Warren District Project, the Walla Walla Mine is a high-grade gold vein located near the historic Kimberly Mining District, which successfully produced over 1,000,000 ounces of gold. Sidney, through a recent acquisition from F & H Mining, holds 100% ownership of 47 lode claims, or 1.61 square miles, of this production-ready, proven-out resource of 225,000 tons at a gold grade ranging from 0.25 opt to 8 opt. With multiple veins and possible extensions of the veins at depth, the property is wide open for further gold and silver resources.
During the 2022 season, F & H Mining completed chemical analysis of 8 samples with results ranging from 1.8 opt to 33.9 opt, with a raw average of 13.56 opt. In addition to this, F&H completed the process and was approved for small-scale mining in February 2008. Water rights for the project are in place. Water Right ID #615146 was issued on 5/8/2006 and allows for water to be diverted from an unnamed stream, groundwater, and mine workings to a pond for diversion to storage, mining from storage, and mining storage.
Moving forward, the Walla Walla claim group is part of our strategic plan to move the region back into production through the development of multiple ore source points to supply a larger regional mill. Our Chief Science Officer, Mike Irish, and the recent acquisition of Irish Metals have significantly expanded our capacity to develop recovery and processing systems internally. 2023 Andrew Thad Marvin, PE, and COO of Marvin Minerals, took care of the preliminary test results for the Walla Walla Project near Warren, Idaho. The assay results were a big step forward in understanding what the ore in the Walla Walla Project is made of. There are numerous reasons for excitement. Extensive research on the ore has led to the identification of a highly effective collector metal for use with the ore at the Walla Walla Mine, which has demonstrated a remarkable enhancement of 450% in the gold extraction from the ore, surpassing the performance of our 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%. It should be noted that, via continued improvement of the procedure, there exists a genuine possibility of surpassing the initial results in terms of percentage recovery. In the past, 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 Marvin's. One component of the MMOP System (Marvin Minerals Ore Processing System) entails doing a spectrum analysis of the ore in order to ascertain the optimal constituents for utilization in the "Secret Sauce" during the assaying process. It may be inferred that the Walla Walla Mine possesses ore that bears a striking resemblance to that of the Lucky Ben Mine.
The gold bearing vein of the Walla Walla Mine was originally discovered in the early 1970s. Several individuals have explored and mined the claim on a limited basis most notably in the early 1990s by Strata Mining, a Canadian junior exploration and mining company. Strata Mining completed trenching, drilling, and ultimately a small surface pit operation at the site during their tenure. Unfortunately, none of the trenching information or drill logs were retained and the information was lost. The existing disturbance boundary approved by the USFS was the original area used by Strata Mining for their operations. Eventually, the group sold the claims to F&H Mining Company. With the purchase completed, F&H Mining began to advance the project. Under the direction of KMS, F&H Mining started project development. A small drilling program was developed to test the structural continuity of the vein in 2010 which was very successful; intercepting the vein at various depths. The drilling program demonstrated the continuity of the mineralization, both laterally and vertically within the Walla Walla Shear Zone and all drill holes contained gold values. It also confirmed the shear zone exists approximately 200 feet along strike and 475 feet down dip. In 2011, a geophysical survey was successful in detecting other geologic structures. It appears that the Walla Walla project has similar structures to the historic Kimberly District which successfully produced over 1,000,000 ounces of gold. Since that time a preliminary budget to bring the project to a production rate of approximately 200-300 tons per day was never finalized. The most foreseeable reason being the subsequent decline in spot gold years 2012 - 2016. This brings the project to the present day, with Sidney Resources acquiring 100% ownership of the Walla Walla project from F&H Mining Company.
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