Sidney Resources Corp (SDRC)

[surrealistrader]

Dobson on discovery of enormous dome-shaped anomaly:

Dan Hally:
I'm Dan Hally, here with Steve Dobson, our geologist, taking a look at some unique geology. In a second, I'll have Steve explain what we're looking at. One of the things we love about Steve is that, as a geologist, he spends a lot of time on the project site, but he also spends almost every evening roaming the hills and the surrounding area to look for evidence to explain the complexity of the ore we're dealing with. So here's everyone's favorite geologist, Steve. All right, Steve, what are we seeing back there?

Steve Dobson:
Well, we're on the east flank of a contact zone that I've been tracing for the last month. What you can see here are these stratified rocks in the foreground. Those are actually Precambrian crystalline basement rocks, and they look like sediments, which is really strange to me. They are stratified and almost look like sedimentary rocks, but they're not. These are crystalline basement rocks, all stratified in a circular arc. In the background, you can see how large an area we've been working on. I'll pan and show what looks like a big bowl or a crater. That would be the west rim, and it comes around to where we are now standing on the east rim. I've traced this out for, oh, I don't know, a 180-degree radius—not all of it, of course. The center is all quartz monzonite porphyry pluton, a big pluton in the middle, rimmed with Precambrian basement rock on the outside that is all laminated like that. Very strange. I can't really explain why it's bedded, why it's laminated, but it is. We're just trying to put little pieces of the puzzle together on a working hypothesis. That's what we're doing, and it's certainly helping to explain and understand why we're seeing what we're seeing and the complexity of the ore.

Dan Hally:
We really appreciate Steve's work. You don't get a lot of geologists who spend the time in the region to really understand it. With Western Frontier, that's the type of quality service we're getting throughout this project. We know this is a complex project, but we're figuring it out. And as always, we like to say we've got gold and a few other things. We're going to go ahead and sign off, but that's a little geology lesson. Right there in front of me, that's the quartz monzonite, and right there is that layered basement rock. Really unusual to see that. Thanks again, Steve. Appreciate it.

Steve Dobson:
You bet. We'll keep working on it.

Dan Hally:
Dan Hally, Sidney Resources, July 11th, 2024. Just a follow-up to what Steve was explaining. So this is the rim that you see, and Steve's been tracing this out. He can find the zones where the quartz monzonite meets up with the stratified basement rocks that look like sedimentary rocks, but they are not. These are basement rocks, forming a big bowl. One of the theories is this may be tied to the Beaverhead impact, suggesting there would have been multiple meteorites that hit, and this being one of the contact zones would explain a lot of what we're seeing, what we're recovering, and what's showing up in assays. It's very interesting but very complex. We're definitely figuring it out. Way in the distance, amongst all of this quartz monzonite, there looks to be a small pocket of limestone, which has no business being up here, but it just fits into the puzzle. That may be a remnant of what was not blasted out by the impact. There's a lot of other material that Steve has seen, showing signs of an impact, and this layering of the basement rocks may very well be explained by compression. We've seen other stratified rocks modified by incredible heat. It's very interesting. That's just a little break from the actual warm project site as we continue to look into the geology and really understand the entire district. Dan Hally, signing off.

The video released earlier today:

https://www.youtube.com/watch?v=QE7TYpvTC4Q

[gitreal]

with their in-house geologists Steve or Guy, or even any one of the metallurgical experts in consult, annotated or quoted directly.

Will it be another one of those situations where SeanRae heard it from Dan Hally who heard it from one of the geologists? Those are always fun.

[surrealistrader]

lol again with "you must be the IR guy"

🤣

[gitreal]

Great, I love reading technical documents written for/by shady OTC companies. I look forward to seeing how they explain the 8% iridium, the native iron, the PGMs, and what the REE concentrations actually are. And hopefully their math skills are better than Dan's.

Maybe you can help them write the document?

[surrealistrader]

"geologists know better, and have their reputations to consider"

I guarantee you will be reading an in depth company release momentarily on this subject, with their in-house geologists Steve or Guy, or even any one of the metallurgical experts in consult, annotated or quoted directly. They will present their case for the geological backdrop along with a compilation of lab assay results. They will also reveal the reasons why we haven't seen such disclosure already, ie: what they have been waiting for (perhaps land acquisitions.)

You will be wrong about details from time to time but will continue to insist the company is a scam. SDRC will prove some occurrence of PGM's in at least one of their ores, and go on to do all the other things they have promised/planned, and you will still be down our throats scam scam scam everything's a red flag scam. Till the bitter end with you.

[gitreal]

Never been wrong in 12 years?

I have been wrong many times...about details, and have admitted it. But wrong about whether a scam stock was a scam? Nope.

They're easy to spot.

[gitreal]

You mistake knowledge and truth for arrogance.

You know who's arrogant? SDRC management who have the hubris to repeat the same lies to investors over and over.

[surrealistrader]

You're so arrogant its unsettling.

I can see it now, when SDRC releases the results of their work... You will deflect, change the subject, resort to arguing semantics. Never been wrong in 12 years? Never admitted and/nor convinced is more like it. Ihub is a haven for 2 kinds of people: mentally ill people, and people with a vested interest in the subject matter. ....and you've already made it clear you don't have any investment ideas.

[gitreal]

Why have Dan and SeanRae spout endless hyperbolic nonsense, pure BS, when they have actual geologists who are trained and qualified to represent the technical integrity of the company??

It is really shameful.

Is it because the geologists know better, and have their reputations to consider? Well, thanks to the power of Internet searches, they are now forever linked with bogus PGMs, REE, and meteorites, bad math, and so on. Hope it is worth it for them.

[surrealistrader]

"We have another geologist on board, a guy who is actually a mentor for Steve. I mean, you've got two great people working to solve this problem, and it's not even really a problem, it just takes time."

[gitreal]

Nice! Compiling all the lies in one place is helpful. Actually it's not comprehensive....there are many more.

Metallic iron. LOLOL.....

Also show several rare earth elements. Thorium, Gallium, Ruthenium, and Yttrium - text from Dan Hally - COO

3 of 4 are not REE. Maybe Dan should quit playing geologist.

[surrealistrader]

All company communications (so far) concerning PGM's:

https://twitter.com/SeanRaeZalewski/status/1787508017929322702
Sean-Rae Zalewski
@SeanRaeZalewski
$sdrc @SDRCMINING
#PGM’s #platinumgroupmetals #iridium persistent iridium in ore. Also metallic iron in our ore. It’s a big deal. #IYKYK

https://twitter.com/SeanRaeZalewski/status/1787521989126631701
Sean-Rae Zalewski
@SeanRaeZalewski
$SDRC @SDRCMINING

What does the presence of PGM's in our samples mean? If the data remains consistent with what we are seeing it could increase the value of every ton of ore by 2x or 3x! That is HUGE #mining #PGM #GOLD #REE #SILVER

More to come, much more.

https://twitter.com/SeanRaeZalewski/status/1787508379876815275
Sean-Rae Zalewski
@SeanRaeZalewski
We are definitely dealing with a very complex ore. We believe we have metallic iron because it will not oxidize regardless of what we throw at it. Note the high iridium which makes sense with metallic Fe, elevated levels of nickel and chromium.

https://twitter.com/SeanRaeZalewski/status/1787556622287466558
Sean-Rae Zalewski
@SeanRaeZalewski
Went through all the XRF data from Doc….iridium did show in the ore. So did Osmium and platinum which is what you would need to see. Also elevated levels of Chromium and Nickel which are indicative of a meteorite. Also show several rare earth elements. Thorium, Gallium, Ruthenium, and Yttrium - text from Dan Hally - COO @SDRCMINING
$SDRC let’s goooo!

https://twitter.com/SeanRaeZalewski/status/1787849237868249339
Sean-Rae Zalewski
@SeanRaeZalewski
There seems to be some confusion. The presence of PGM in $SDRC ‘s ore is a definite boon.

The offtake agreements that we are discussing and working on with the groups that will be the buyers recognize the PGM’s, and that will be part of the offtake agreement.

An independent geologist said “He said if the XRF data on the ore is correct, the ore could be worth $45K a ton with the gold, silver, platinum and iridium the XRF indicate are present in the raw ore”

This quote is directly from COO Dan Hally in a email to me.

#gold #PGM #silver #win #invest #goldmining

https://www.otcmarkets.com/otcapi/company/financial-report/402361/content
From SDRC Q1 2024 Quarterly Report:
"We have encountered unusual anomalies occurring in the dore' material and are conducting extensive testing at numerous fire assay labs to determine the exact mineral composition of the material to determine the best course forward in processing and testing the concentrates. During fire assay testing it has been determined that a significant amount of Gold is reporting to the slag and high volumes of silver are reporting to the tailings. The reporting of valuable metals like gold, silver, copper, and iridium in our XRF scans further illustrates the rich potential of our mining operations. We are continuing to test materials to determine the level of any iridium and other platinum group metals that are being identified in the XRF scans. It is our opinion that XRF scan results do not confirm the presence of iridium and other platinum group metals but with this information and other indicators we have observed we believe there is sufficient evidence to warrant further study."

https://twitter.com/SeanRaeZalewski/status/1788194011674562963
Sean-Rae Zalewski
@SeanRaeZalewski
We have discovered / uncovered the associated 6 foot in width and 8 foot in width veins as mentioned in last years PR associated with the new claims and ore pile.

In my opinion, this should be very a very bullish position for our shareholders as it exponentially increases the probable reserves held by the corporation.

$sdrc

As a reminder the previous inferred reserves placed the low range of the assets before this claim in Warren at about $5 B when gold was in the 1800’s. That is based on the USGS data and Goldstone reports from the 80’s and various other geological reports over the last 20 years on the sure.

9000 ft confirmed distance on your property. Peak if the structure is about 1 1/2 feet in width with a lower width of 4ft running over 800 ft deep.

Now add these others and it gets really amazing.

Cheers

https://www.youtube.com/watch?v=970FPNqnMWM
Youtube Video, "Gold & PGMs under the Microscope!"
Dan Hally:
"We did some modifications to the entire circuit. We took some components out of the circuit. We've just done a lot of work and a lot of testing, and then you have to send it off to the labs to see if what you're doing is correct. There's gold, and what we suspect is a PGM. There's some gold there, a PGM possibly, gold, gold. You just see a lot, and this is just, again, a small dip in what the tables are concentrating. There's a floater in there that needs to get out of the way, but it's kind of interesting what we see now. This here is silica. Another word for silica is essentially sand. Okay, you can also see the dark materials in the silica. Now, that's some pretty interesting looking stuff right there. Not a lot, but that may very well be a Platinum Group alloy. You know the stuff floating isn't, but what I'm talking about is the silvery gold-looking material that's not floating around. If it floats, it's not gold. Not in a pan anyway, but you can see some more of it there. So, we're having to figure out how to deal with the silicas, how to deal with the gold, and what we're working on is a circuit where we're going to recover the free gold first. We're going to get that free gold before it alloys. Here's just another example. This is just out of the number two cons, again just a dip in the pan, and let's take a look here to see if we see any gold. You see a lot of this silvery material; well, we suspect that this is part of the PGM family. I'm going to set this down here a little bit, just so I can get a better zoom in on it for you. It's a little tough, I'm sorry. It's a lot easier when I'm not holding on to it, but what we're looking at there is what we believe may be some Platinum Group Metals. Some of the Platinum Group metals are worth $5,000 plus an ounce, and as you can see, there's a lot of that material here. So, we're having to do a lot of studying and a lot of work, but what we're seeing is a lot of gold. You can see gold here, you can see gold there, and the different stages of oxidation for the gold. That's what we want to recover. Oh, there's some good gold right there. I mean, that's a pretty nice-looking bit of gold, and why is it that color? It has to do with the oxidation, so the pyrite oxidized out of that. Again, you can see what may be the Platinum Group stuff, but there's more gold, more gold. I'll just show you what the pan looks like; it's pretty impressive. What this means is we think we've got this dialed in and how it's separated. We're still doing work, we're still doing testing. We have another geologist on board, a guy who is actually a mentor for Steve. I mean, you've got two great people working to solve this problem, and it's not even really a problem, it just takes time. This stuff takes a lot of work. You have to understand this to do it the right way because what we're not going to do is spend a bunch of money getting a bunch of equipment that isn't the right equipment. The work we're doing now is putting together the knowledge and information we need so we can put in the right facility for the long term. We're talking about a project that can run 20 to 30 years and cover a lot of ground. That's what we're doing. It just takes some time, so everybody's just got to be patient. But what we do know is we've got gold. Dan Hally signing off."

https://twitter.com/SeanRaeZalewski/status/1806709232898551953
Sean-Rae Zalewski
@SeanRaeZalewski
We have discovered / uncovered the associated 6 foot in width and 8 foot in width veins as mentioned in last years PR associated with the new claims and ore pile.

In my opinion, this should be very a very bullish position for our shareholders as it exponentially increases the probable reserves held by the corporation.

$sdrc

As a reminder the previous inferred reserves placed the low range of the assets before this claim in Warren at about $5 B when gold was in the 1800’s. That is based on the USGS data and Goldstone reports from the 80’s and various other geological reports over the last 20 years on the sure.

9000 ft confirmed distance on your property. Peak if the structure is about 1 1/2 feet in width with a lower width of 4ft running over 800 ft deep.

Now add these others and it gets really amazing.

https://twitter.com/SeanRaeZalewski/status/1808163389715226905
Our on-site third-party geologists have observed that the ore from this vein appears to be consistent with the geology of the tested and ore stockpile. $SDRC #GOLD #PGM huge densities! #WORLDCLASS #PLATINUM #SILVER #IRIDIUM #REE #OSMIUM

https://twitter.com/SDRCMINING/status/1808161227312427148
This is a dried sample from the Little Giant - Lucky Ben vein. It looks nearly identical to the stockpiled ore. The same materials we suspect are the #platinum group metals and the #gold.

All samples are being dried and prepared for shipment to the assay lab in Germany : $SDRC

#Idaho #Gold #Silver #PGMs #Mining #Production #Progress #WorkContinues #Invest #America #Success #Video @wfmining

https://twitter.com/SeanRaeZalewski/status/1812867243610411252
Just wait until we get to publish the next set of assays! #GOLD #REE #PGMS #IRIDIUM #PLATINUM #SILVER $SDRC #PALLADIUM #OSMIUM

[surrealistrader]

SDRC's critics are their greatest asset!

What a congregation we have here! ...and the constructive support never ends! I just want to thank you all for all the valuable help you have given this company over the years. I'm sure their appreciation cannot be expressed adequately with words.

[gitreal]

Of all the shady OTC mining companies I have tracked over the years, maybe a third have promoted PGMs that didn't exist, and a third promoted REE that were at nothing more than background. Then, there are the other commodities that are popular promotion items - lithium is a common one, antimony, barium, diamonds, and so on.

One even promoted meteorites (with 8% iridium even) that somehow snuck into their pile of ore! Can you imagine how gullible anybody would have to be to buy off on that?

[rbtree]

when SDRC's balance sheet blows up

Good luck with that....which, I'm 99% sure, if not more, will prove to a fantasy.

I'm afraid you're in over your head in your ongoing discussion.....

[rbtree]

How did they forget rhodium....

Bwahaa.... what a mess this will prove to be...

[rbtree]

If you'd open your mind, and use that noggin, you might just come to realize that gitreal knows whereof he speaks.....

..just sayin'

[rbtree]

Don't forget there was similar pgm nonsense that goes back to FrankiPoo Ekekija, the Nigerian fraudster that hooked up with those scammers at EFLN. Remember, he had bogus claims of as much as $20-60 trillion in assets, most of which were apparently based on Wyoming claims associated with BYRG....

The SEC came down hard on them all.

[gitreal]

how they've multiplied their mineral rights footprint in the Warren valley.

How about they focus on their current mining operations? Produce a few ounces of gold/platinum/iridium. And all those meteorites to harvest......

[surrealistrader]

Ask again in q4 if anybody cares about the math when SDRC's balance sheet blows up, investors get a cash injection, and the company discloses how they've multiplied their mineral rights footprint in the Warren valley.

[gitreal]

The math may not be exhaustive, nor measured, but its inference, and all mining companies arrive at inferred values before measured ones

Inference? No, the math they've used is flat out wrong, or uses ridiculous assumptions.

[surrealistrader]

Why make up numbers at all?

Lay out your model for extrapolation for all to see, make projections based on operational updates. That's exactly what they have done. The math may not be exhaustive, nor measured, but its inference, and all mining companies arrive at inferred values before measured ones. It's incidential that most inferred projections are revised down when they become measured. What is unclear to me, is whether or not we will ever arrive at a traditionally measured reserve besides the ongoing updates of production, analysis of output, the eventual revenues, and subsequent expansion.

You may not see any point to it Gitreal, and there may not be any if your only goal is to figure out how much gold they have, or expose inconsistencies. For investors (of which you are not), this stock represents a disproportionately steep risk to reward setup, and an under-the radar one, interestingly enough, taking unique advantage of its precariously unconventionalness. It's their undervaluedness, because "No serious investor would take this seriously," is presented as the core proposition in the near term; An asset rather than a liability. Breakthrough revenues, revenue growth, and a dividend are concrete, and are reaching for interest beyond this industry and into generalist investing.

Money will flow, and it will transform this company, that's what most occupying the bid care about. The company could (to use a term I heard Mark Bristow use) "high grade" the hell out of their first year, nobody will ever know, and SDRC go on to use that money to expand even more vigorously than in previous years, and nobody would ever care in retrospect because they have outpaced their mineral depletion with replenishment, growth in scope of their operations, while making use of their new financial means to get all of it done to an ever rising standard of certainty.

[gitreal]

18,000 to 28,000 tons grading 3.74 opt Au? More BS.

Why don't they make up numbers that are more believable?

[surrealistrader]

3.74opt is the grade of the ore, and yes, the math presented earlier what was used to determine it.

That particular ore pile is estimated to have 18,000 to 28,000 tons.

[gitreal]

Dan's initial calculation on the first smelter run was 3.74 ounces per ton which is incredible

What does that number mean, the grade of the original ore? Grade of a concentrate?

Did he use the "interesting" but incorrect math methods to back calculate from a concentrate value?

[surrealistrader]

Quotes from 2023 meeting concerning SDRC's approach to measurement.

Apologetically or apologetically, SDRC is forgoing the certainty and expense of using the traditional methods of measuring reserves. They do this while the company is still in it's final months of its pre-revenues stage. I predict the the money being made in subsquent years will be presented as proof of the in ground value, and investors will still be asked to speculate on future value based on rate of expansion and ongoing production updates (not an exhaustive measurement of reserves.)

Sean Rae Zalewski;
"What Mike Irish has postulated is that if we do a feed sample, and it's consistent with our outlay, we can then impute results for the entire valley from what we have and that will allow us to defend our salability or continued expansion and viability."

Sean Rae Zalewski:
"Dan's initial calculation on the first smelter run was 3.74 ounces per ton which is incredible, and that is consistent with our assays and other opportunities. So we are very pleased to continue to announce that our data is consistent and it is defendable."

Dan Hally:
"The challenge in the mining world is something special unless you can produce a 43-101 (Canadian exchange compliant reporting) and all these different drill reports it doesn't mean much because you're trying to paint a picture without the right paint. Everybody, investors and everybody, wants to see these 43-101's, these drill logs, but what we've learned over the years and through all of the conversations with the old-timers and being here on the ground and talking to different geologists, you can't do that here. Four companies tried before we did to bring the Warren District back on and they would come in and they do the same thing most big companies do, they drill. Well, the way these vein structures are, you can't drill, it doesn't work, you won't see the gold and (we're) convincing people to fund a project that says we're just going to go after the gold. We're just going to get on the vein and go after it."

[gitreal]

There's "speculation" and then there's pure BS. That $53 million estimate is pure BS. Highly irresponsible and deceptive, IMO.

Who's the genius that came up with those numbers? Halley? SeanRae?

That's the kind of hyperbolic stuff that attracts the wrong kind of attention.

[surrealistrader]

“Do they think all their investors are stupid?”

Or more pertinently, do they think their critics are smart?

I do believe that they are “dumbing down” to some extent recent projections and analysis of results. I happen to know a few people, including myself, diehard optimists and critics alike, who would much rather see the raw data and come to their own conclusions. Even a fraction of the success that they outspokenly propend would be phenomenal, especially given the valuation. Upon such simplification/twitterification, SDRC projects values into the stratosphere, introduces perplexing and unprecedented geological theories now going on months without geological citation, while promising a relatively exhorbitant dividend upon year end review.

Investors should know that mining and exploration especially are of the toughest industries on the planet and hypercyclical on multiple fronts. Proving an economical resource without revenues is tough enough, but you have the ebbs and flows of the underlying commodity price weighing on the prospects of financing, investor interest, and the projects’ bottom line. It’s tough after production because each year the miners need to dig deeper to find less. SDRC is pumping expectations to the moon, and for the sake of their growing brand they should set themselves up to meet or exceed on every scenario. Undersell only to overdeliver by principle (I keep hoping)… and in their commentary they have mentioned numerously “always good to be conservative.”

The speculation is alive on all sides. GLTA. Either side is eagerly awaiting the next thing to rub in the others face.

[gitreal]

That's some very misleading math. It assumes the concentrates are nothing but metal. It assumes the metal is nothing but gold.

The material in that super sack looks like sand to me.

And why leach a concentrate that rich and lose 20%? Smelt it and recover 100%.

Do they think all their investors are stupid?

[surrealistrader]

Did you notice their Batman gif, Batman of Ihub?

"Sidney will publish an official report for public consumption after verification and additional testing rounds validate the exact results."

https://x.com/SDRCMINING/status/1811400089044132267

Initial Production Report (Estimated Results)

As of July 10, 2024, Sidney Resources Corporation had crushed and milled material to produce 1,381,830 grams of processed concentrates. This translates to 48,742,659 ounces ready for re-concentration and leaching. If we conservatively anticipate 80% recovery, there will be around 38,994.13 ounces of precious metals. If Sidney is successful in recovering $1382.00 per ounce (a portion of the potential values), the year-to-date minimum value will be $53,889,883.35.

**These are unofficial estimates of the Warren District Project's production, completed by YTD 2024. Sidney will publish an official report for public consumption after verification and additional testing rounds validate the exact results.**

[gitreal]

Do you believe their estimate of $53 million in precious metals? How about their claim to have PGMs....you okay with that?

[bgoat]

I'm sure they will be jumping all over howdy doodys scam alert... Liars hub finds more clowns 💩 everyday

[gitreal]

A couple complaints from pissed off investors would carry much more weight. At some point, investors will realize that $53 million in " precious metals" is a big fat lie.

Stock fraud is fairly serious....but States vary in how aggressively they take action. Maybe Idaho allows it? Maybe they don't.

[surrealistrader]

This'll be good. 🤣 Report Sidney's "crimes" to the Idaho AG.

Git, don't forget to introduce yourself and tell them what you do all day, you know, as in saving all the poor penny-stock investors from their ignorance on InvestorsHub? They should particularly be impressed by your 67-hundred posts on the AABB board!

I don't see how they wouldn't roll up the road to the Lucky Ben right away after you make your case.

[gitreal]

What, no #meteorites??

This kind of crap will not attract any serious investors. It might, however, prompt a few inquiries to the Idaho AG's office.

[surrealistrader]

"Just wait until we get to publish the next set of assays! #GOLD #REE #PGMS #IRIDIUM #PLATINUM #SILVER $SDRC #PALLADIUM #OSMIUM"

https://x.com/SeanRaeZalewski/status/1812867243610411252

Key words: "get to"

[gitreal]

I believe SDRC is being prudent and pragmatic in a practical sense on this particular subject matter

No, they're being irresponsible and hyperbolic. They've thrown away what little credibility they had.

[TommyBoyTrader9460]

$SDRC

$SDRC Starting to break away from the moving averages..let’s see this test those recent highs.. https://t.co/Q4cdzCJMIb pic.twitter.com/tvkmkcxeLp

— Chris from Massachusetts AKA TommyboyTrader (@autumnsdad1) July 15, 2024

[surrealistrader]

I want to compliment you on your confidence, Gitreal.

We have both demonstrated our lack of understanding of the underlying geology, unexplainable insofar that previous study of the region can. We each, however, attribute our uncertainties to different outcomes.

We both revert to our default assumptions:

You assume fraud, an insidious ploy by the company to sell shares, something you would assume of any OTC mining stock.

My assumptions are that the company is trying to be honest and transparent concerning findings, (that for all we know are premature) but struggling with presenting it in a way that runs contrary to the excitement and high expectations demonstrated.

I think you gave some good constructive advice about how to present geological findings in an unemotional, unbiased, matter of fact way. I agree that a company should fall back on this way of doing things if they are unsure how to treat it as far as promotion and keeping investors engaged. Reading between the lines, I believe SDRC is being prudent and pragmatic in a practical sense on this particular subject matter despite the euphorically high expectations for first revenues and what it means for the stock and company. They realize a breakthrough could mean something of academic and economic importance so they need to get their ducks in a row before their findings are presented in whole, along with having secured any new important claims. They need to engage investors for the sake of their brand but not show all their cards lest they provoke competitors. It’s a weird balance indeed, and debatable if it should have ever been advertised in its premature and daunting state.

[gitreal]

Idaho platinum scams have been around a long, long time. From 99 years ago....:

https://www.idahogeology.org/pub/Pamphlets/P-6.pdf

Interesting read. Too bad these guys aren't still around, they did a great job at debunking a bad lab claiming fabulous amounts of platinum in samples they analyzed for mine owners.

[gitreal]

SDRC's metallurgical tasks are complex and puzzling.

Nahh.....not believing that. "Complex" metallurgy is a commonly used ploy to deflect from poor recovery because the "ore" is simply lacking in value. And it is a way to bring PGMs into the mix, even when the geology and mining history do not suggest the slimmest possibility of PGMs being present.

“Unassayable gold and platinum group metals” have come into vogue in
the 70s and 80s in certain jurisdictions as a means of perpetrating fraud. Usual
arguments are that a particular ore is not amenable to “conventional fire
assaying”. Explanations for unassayable gold usually revolve around:
evaporation of micron-size gold; vaporization of organic gold complexes;
volatization of gold halides; alloying of gold with PGM’s [Platinum Group
Metals] which prevents fusion or alloying which prevents collection.
This paper reviews several of the myths and truths of gold and PGM
assaying with the knowledge that not a single mine operates in the free world
producing gold from unassayable ore.

The victim is told that the promoter has an ore deposit in which only the promoter can
find precious metals using his special metallurgical processes. Standard industry
techniques, such as fire assaying, are dismissed as hiding or masking the gold and/or
platinum.

Source: W.G. Bacon et al., “Gold analyses – myths, frauds and truths,” CIM, November 1989, 29.

[surrealistrader]

SDRC's metallurgical tasks are complex and puzzling.

So they solicited help from specialists at the top of their field.

Quotes from SDRC's linkedin:

This is a dried sample from the Little Giant - Lucky Ben vein. It looks nearly identical to the stockpiled ore. The same materials we suspect are the #platinum group metals and the #gold. All samples are being dried and prepared for shipment to the assay lab in Germany : OTCMKTS - SDRC

“Very few labs that have the the expertise to work with the complexity and precious metals in the ore. One of the best is Glorfeld in Germany. Dr. DeMenna of PTOE labs in Connecticut has also been a great asset in solving this puzzle.”

[surrealistrader]

I agree. That would be more interesting and material to shareholders.

I don't think the purpose of these videos is to prove anything beyond chronicling a process (however piecemeal it is) and the day to day work environment. There's nothing wrong with engagement with their audience in this way, and of course this isn't the only way SDRC is doing so. More material releases, like you suggest, are usually reserved for other platforms. So, like the "Warren District Project" gallery on their website, arranged by year, the Youtube channel is presented in a similar manner, meant to look back over the grand scheme of where things were, what company was focusing on at any given time, all the way up to the current date. It's like they're (in this particular case) compiling an ongoing video scrap book.

[gitreal]

What do you think they're proving in that video? That they know how to dry sand? A nearly 4-minute video on drying, crushing and weighing sand?

There is no real point to it.

What would be way more interesting is a certified assay of what is in that stuff instead of Dan just saying it's "precious metals". And a believable report on how much "ore" was processed to create that amount of "super cons", where the ore came from, the original grade of the ore, etc.

[surrealistrader]

Video of Drying, Crushing, and Weighing of "Super-cons" released:

Let me guess. Gitreal sees a red flag. 😂

https://www.youtube.com/watch?v=f67jBYOGcns

[gitreal]

Let’s start a thread with ideas on what our stamp should be for our first Gold, Platinum, and Silver bars? @SDRCMINING $SDRC

— Sean-Rae Zalewski (@SeanRaeZalewski) July 12, 2024

What about pyrite bars (i.e. fools gold)?

[gitreal]

Maybe there actually are PGM's in their ores. 🤯

[surrealistrader]

Maybe there actually are PGM's in their ores. 🤯

Maybe they're there despite how dramatic the implications are for our understanding of the underlying geology. Maybe its just as much a mystery to them as it is to us or anybody, but nevertheless, they have them and they have no choice but to take on the daunting task of figuring it out.

If that's true, then they can't be entirely open about every piece of that process, which is bound to provoke the attention of competitors. I will bet that before this mystery is through, and SDRC shows us the results of the work behind their discovery, they will stake more claims.... and if its as big and dramatic as they are implying, and they have as much flowing cash as they are indicating they will from production, i believe they will be staking many many more claims before it's through.

[gitreal]

Gold!! That's great! But why promote the claim they have PGMs and REE and METEORITES!!! Sounds like a diversion to me.

[bgoat]

we banking you continue asking stupid questions.. what the helll is wrong with you? take the short bus to school?🥇 we have GOLD!!!