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MXSG hit .0005 today. A new 52 week low.
Buy based on what? Why? What’s changed? Putting the cart before the horse ?
Let me guess, the Twitter pumpers have switched focus to promoting the laser after seeing the Liberty Refiners results?
Doesn’t the Laser still have to be completed and then tested? If I am not mistaken, it was supposed to be tested this fall. Now it’s early next year.
What happens if it doesn’t do what they want it to do?
Check out the Liberty Refiners table on page 21 or 23.
Not exactly much to get excited about with those results.
Plus They don't really explain how the samples were collected.
Rare earths are present in ANY rock sample from ANYWHERE - and almost certainly does NOT warrant further investigation.
Cyanide works best to extract gold and silver? What a surprise!
How is using cyanide going to work with their new “climate change” agenda?
https://www.otcmarkets.com/otcapi/company/financial-report/351819/content
Historical assay values don’t pay the bills . Mine some gold.
Will the company be abandoning building their new access road to save the environment and maybe employing mule trains or horses to haul the ore as the old timers did, or will the threat of animal farts increasing greenhouse gasses be too much of a risk to their carbon footprint?
NEWS OUT! Unfricken believable. Just lost any respect I had for this company. Climate change? Diversity and inclusion? What’s next? Storytime for the miners with drag queens? SDRC just went woke, and in Idaho of all places.
The people pushing the global zero carbon footprint nonsense are leaving the biggest ones. Next time a company rep is in Boise take a look up at the sky and watch the jets spraying all day, almost every day. It’s happening over every major city in North America. Toxic aluminum oxide and 60 some other odd toxins. You can see the whole list on Geoengineering watch.org
Imagine the carbon footprint being left by all those jets? Still waiting for Miami to sink under the water as predicted by Al Gore predicted 12-15 years ago. Global Warming? LMAO
Sidney Resources Corporation Releases Environmental, Social and Governance (ESG) Policy Statement
Press Release | 12/05/2022
COEUR D ALENE, ID, Dec. 5, 2022 (Accesswire) Sidney Resources Corporation, (OTC PINK: SDRC), an Idaho exploration and development company with leased and owned mineral rights claims in Idaho that is leading the development of transformative mining technology. Our cutting-edge laser-based unit, scheduled for testing at Colorado School of Mines in the first quarter of 2023, is designed to protect the environment through a significant reduction in the use of water and explosives during tunneling, stoping, and drilling operations. Our engineers estimate a reduction of traditional mining operating expenses by as great as forty percent. We project these cost savings will increase opportunities to access mineral supplies previously considered to lack a viable economic feasibility to recover to meet the mineral supply needs as we transition to clean energy.
We are pleased to announce the completion of our Environmental, Social and Governance (ESG) Policy Statement. As we have established our ESG program, we are now focused on developing an ongoing set of activities and benchmarks which we can use to evolve these disclosures, engagement strategies and messages to ensure we remain at the forefront of ESG best practices.
Environmental, Social and Governance (ESG) Policy Statement
SUSTAINABLE BUSINESS PRACTICES
Founded in 1896 and incorporated in 1910, Sidney Resources Corporation (OTC Pink: SDRC) is more than just a mining and exploration company. We are developing transformative technology to ensure mineral supply needs to support the transition to clean energy are met while improving the health of our planet. Were committed to incorporating sustainability as a core value within our organization. We have actively engaged Federal, State, Local and Tribal Governments within our area of operations to build the networks necessary for the success of our goals and objects. We have identified a significant number of historic and/or abandoned mine sites near the town of Warren, Idaho where untreated mine water discharge is a major source of arsenic contamination in environmentally sensitive waterways.
Our mission is to create technology that reduces water consumption, pollution and reduce the carbon footprint of mining globally while improving the health and safety of employees.
These efforts in conjunction with our developing technologies and potential revolutionary smelt free refining processes can change the World recovers all Rare Earth Elements from ore in captive capacity that creates zero toxic or free radical waste to the environment. We believe these projects fall within the scope of the Federal Funding is programs under or related to the Securing Americas Critical Minerals Act. We have been in discussion with the offices of Federal representatives. It is Sidneys closely held belief that our laser technology could be to the Secure Americas Critical Minerals Act and through efficient and environmentally friendly technology it could be pivotal to the Nations goals for autonomy in securing rare earth element for our Nations security and energy needs.
We believe our commitment to pursuing ESG initiatives can be achieved in parallel with building the long-term interests of our shareholders. The integration of sustainable business practices creates lasting results that benefit all our stakeholders, including our customers, employees, shareholders, investors, and the communities in which we live and operate. Our approach to corporate sustainability is based on the U.N. Sustainable Development Goals and our commitment to achieving a more sustainable future.
Sidneys Board of Directors is responsible for reviewing and overseeing corporate responsibility policies and programs. Sidneys executive team, including the Chief Executive Officers and Chief Operations Officer, oversees the implementation of these policies and coordinates our efforts to identify, address, train and report on our ESG risks and opportunities and foster a dialogue on these issues with ESG experts, employees, shareholders and other stakeholders.
ESG POLICY STATEMENT
Sidney is committed to building environmental sustainability, social responsibility, and effective corporate governance into all aspects of our business. This ESG policy statement reflects our commitment to improving how our business decisions and policies address opportunities for sustainability. We expect this policy statement to be upheld by all employees, including executives, officers, and directors of the Company. As we look ahead to the future, we will continue to be transparent and remain focused on expanding our sustainability effort.
ENVIRONMENTAL SUSTAINABILITY |Were committed to operating in an environmentally responsible manner to reduce our impact on climate change, conserve natural resources and operate in compliance with environmental regulations.
SOCIAL RESPONSIBILITY | Were committed to being a socially responsible employer by fostering an environment of diversity and inclusion across our business, with a focus on empowering women and minorities, operating ethically and supporting our local communities.
CORPORATE GOVERNANCE | Were committed to building a culture dedicated to ethical business behavior and responsible corporate activity. We believe strong corporate governance is the foundation to delivering on our commitments.
STATEMENT ON CLIMATE CHANGE
Sidney is committed to protecting the earths vital natural resources and reducing its environmental impact by operating in an ethical and responsible manner. We recognize that climate change is a global issue that requires the cooperation and contributions of all citizens, industries, businesses and governments, nationally and globally. Reducing greenhouse gas emissions, switching to renewable energy sources when possible and taking other actions to mitigate the effects of climate change are necessary to help protect our future. We are in support of the 2015 Paris Climate Accord, which aims to strengthen the global response to the threat of climate change by keeping a global temperature rise this century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius. We believe we have an opportunity to further address climate change by making our own Company more sustainable and by implementing effective solutions across our organization, supply chain, vendors, and business partners.
SUSTAINABLE MINING & EXPLORATION
As a leader in developing transformative mining technologies, we believe we play an important role in building a sustainable future for our employees, our environment and the communities in which we live and operate. Specific to our industry, we are focused on the following opportunities related to climate change and sustainability:
Reducing the mining industrys carbon footprint by reducing carbon release through the reduction in distances of ore shipments, reduction in the use of explosives and steel during mining and exploration Reducing waste and conserving natural resources in our operational processes, supply chain and throughout our organization
Developing technology that allows mining and construction industries to reduce their carbon footprint by reducing energy consumption and conserving water
Developing technology that significantly improves the safety and health mine workers
Offering sustainable, affordably priced technology for use globally
Helping create happy, healthy communities in part by educating employees, business partners and other stakeholders on environmentally sustainable practices
Complying with all relevant and applicable local, state and federal environmental laws, policies and regulations
Forward Looking Statements
Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company's business and any of its products, services or solutions. The words "believe," "forecast," "project," "intend," "expect," "plan," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with OTC Markets, copies of which may be obtained from the OTC Markets website at https://www.otcmarkets.com/index.html The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release. Please note that the Company believes that any revenue related calculations contained in this release are accurate and based on factual information, there can be no assurance that the Company will be able to achieve all projections due to number of business-related factors.
Please visit our website at www.sidneyresourcescorporation.com for updates and news.
Contact for information contained in this press release:
Dan Hally, Chief Operations Officer
Phone: 509-552-9858
Email: dan@sdrccorp.com
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Volume over 53 million today. Looks like the note is being converted. Should be about 40 million left to go
Zero cash, and huge debt. Pretty safe bet that Mexus will be trading at .0001 in the long term, and likely .0003-.0004 before mid-December. It’s pretty much finished in my opinion. I can’t see them continuing to do SEC filings.
If it wasn’t for the enablers that kept people believing, along with vague and misleading PR’s , and the toxic lenders, it likely would have been over ages ago from being so badly mismanaged. I would like to see the company be investigated and have it’s books looked at by a forensic accountant, to see exactly what and who the $38 million dollars was spent on, and who, if anyone, was benefiting from insider trading, doing wash trades, and deals for placements with non-accredited investors.
A shout out between breakfast beers to my number 1 fan who along with his MRS, is currently battling covid. Best wishes on a speedy recovery.
Updated MXSG Security Details 11/09/2022
Outstanding shares increased by 46.3 million over the last month.
Authorized Shares. 5,000,000,000. 11/09/2022
Outstanding Shares. 849,566,111. 11/09/2022
Restricted Shares. 376,718,929. 11/09/2022
Unrestricted Shares. 472,847,182. 11/09/2022
UPDATED MXSG SECURITY DETAILS 10/12/2022
Outstanding Shares increased by 95.7 million shares
Authorized Shares. 5,000,000,000. 10/12/2022
Outstanding Shares. 803,307,415. 10/12/2022
Restricted Shares. 363,068,929. 10/12/2022
Unrestricted Shares. 440,238,486. 10/12/2022
UPDATED MXSG SECURITY DETAILS 9/09/2022
Outstanding shares increased by 102.5 million shares
Authorized Shares. 5,000,000,000. 09/09/2022
Outstanding Shares 707,587,148. 09/09/2022
Restricted Shares 343,068,929. 09/09/2022
Unrestricted Shares 364,518,219. 09/09/2022
Updated MXSG SECURITY DETAILS 08/12/2022
An increase of just under 57 million shares
Authorized Shares. 5,000,000,000. 08/12/2022
Outstanding Shares. 605,031,414. 08/12/2022
Restricted. Shares 283,068,929. 08/12/2022
Unrestricted Shares. 321,962,485. 08/12/2022
Updated MXSG SECURITY DETAILS 07/08/2022
Authorized Shares. 5,000,000,000. 07/08/2022
Outstanding Shares. 548,114,747. 07/08/2022
Restricted Shares 269,418,929. 07/08/2022
Unrestricted Shares 278,695,818. 07/08/2022
Updated MXSG Security Details 06/10/2022
Authorized Shares. 5,000,000,000. 06/10/2022
Outstanding Shares 489,029,658. 06/10/2022
Restricted Shares 239,418,929. 06/10/2022
Unrestricted Shares. 249,610,729. 06/10/2022
Updated MXSG Security Details 05/06/2022
Authorized Shares 5,000,000,000. 05/06/2022
Outstanding Shares. 438,634,921. 05/06/2022
Restricted Shares. 196,918,929. 05/06/2022
Unrestricted Shares 241,715,992. 05/06/2022
MXSG security details 04/08/2022
Authorized Shares 5,000,000,000. 04/08/2022
Outstanding Shares 413,473,976. 04/08/2022
Restricted Shares 185,468,929. 04/08/2022
Unrestricted Shares 228,005,047. 04/08/2022
MXSG SECURITY DETAILS 03/11/2022
Authorized Shares. 5,000,000,000. 03/11/2022
Outstanding Shares. 402,473,976. 03/11/2022
Restricted Shares 174,468,929. 03/11/2022
Unrestricted Shares. 228,005,047. 03/11/2022
Could be still trying to find a rube to pay for it?
Most of it is cut and paste from the previous quarter, until you get to share issuances for notes and common stock issued, share subscriptions payable, and subsequent events sections. I sure hope the cost of the Mexus hats seen on the Bering sea gold show are accounted for in the expenses.
One thing PT is good at is diluting the value of the company thru the play book, oops, I meant share book. Lol
Will the share count update in the 10Q hit 1 Billion??
Thank goodness for that last reverse split that most of the Mexus zealots said was a good thing, because a small 1 for 20 RS would make the company more attractive to investors and allow us to uplist to a higher exchange. Geez, without that reverse split, we would prolly be trading in the trip zeros right now.
Oh….wait, we are already back there, just with 20 times less shares.
SDRC 3rd Quarter Disclosures
https://www.otcmarkets.com/otcapi/company/financial-report/351821/content
SDRC 3rd Quarter Report
https://www.otcmarkets.com/otcapi/company/financial-report/351819/content
NT10Q filing SEC File Number: 0-52413
CUSIP Number: 593057 102
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check one):
[ ] Form 10-K [ ] Form 20-F [ ] Form 11-K [X] Form 10-Q [ ] Form 10-D [ ] Form N-SAR
For Period Ended: September 30, 2022
[ ]Transition Report on Form 10-K
[ ]Transition Report on Form 20-F
[ ]Transition Report on Form 11-K
[ ]Transition Report on Form 10-Q
[ ]Transition Report on Form N-SAR
For the Transition Period Ended: _______________
Read Instruction (on back page) Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify the item(s) to which the notification relates:
PART I - REGISTRANT INFORMATION
Full Name of Registrant:
Mexus Gold US
Former Name if Applicable:
Address of Principal Executive Office (Street and Number):
PO Box 1036
City, State and Zip Code:
Walnut Grove, CA 95690
PART II - RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
(a)
The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
[ X ]
(b)
The subject annual report, semi-annual report, transition report on Forms 10-K, 20-F, 11-K, Form N-SAR, or Form N-CSR or portion thereof, will be filed on or before the 15th calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
(c)
The accountant’s statement or other exhibit required by Rule 12b-25(c) has been
attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 11-K, 10-Q, 10-D, N-SAR, N-CSR or the transition report portion thereof, could not be filed within the prescribed time period.
The Company is unable to file, without unreasonable effort or expense, its Quarterly Report on Form 10-Q for the period ended September 30, 2022 (the “Form 10-Q”). Additional time is needed for the Company’s independent registered public accounting firm to complete its review of the Company’s financial statements included in the Form 10-Q and for the Company to provide additional information to its accountants and auditors in order to produce a complete, accurate Quarterly Report. Additionally, the Company seeks an extension to finalize the narrative of the Form 10-Q so that it will properly inform investors and the public of the Company’s actions for the period ended September 30, 2022. The Company anticipates that it will file the Quarterly Report no later than the fifth calendar day following the prescribed filing date.
PART IV - OTHER INFORMATION
(1)Name and telephone number of person to contact in regard to this notification:
Paul D. Thompson, Sr.
(916) 776-2166
(Name)
(Area Code) (Telephone number)
(2)Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months (or for such shorter) period that the registrant was required to file such reports) been filed? If answer is no, identify report(s): [X] Yes [ ] No
(3)Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof: [ ] Yes [X] No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
Mexus Gold US
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date: November 14, 2022
/s/ Paul D. Thompson
Paul D. Thompson
President
Valium? That’s what you recommend? Lmao, what kind of advice is that? Maybe lay off the booze.
You call writing butchered English/ gibberish being a wordsmith?
I call it ignorance, but hey you do you, sir dude.
A blog? It’s called a message board.
She is constantly editing her rants. Taking stuff out, putting it back in, as it suits her narrative. Obsessive compulsive maybe?
Obviously you are having some difficulty understanding my last post. While I can’t write in the butchered english/ gibberish that we typically see in your posts , I will try to explain it more in depth to make it easier for you to grasp.
I posted something about seeing Mexus hats on Bering Sea Gold about 9 days ago.
With me so far? Do you need a refill?
Ihub allows 15 minutes to edit your post. After that, you can’t do anything to it.
Roughly 2 days ago Mahat replied to that post and I learned that Miz Ellie was all bent out of shape about my post re. the hats. She said that my original post got shorter after mahat’s post and I removed stuff.. That’s not possible. She’s lying as usual.
Let me know if you are still having difficulties understanding.
“Double alias”? Is there some unwritten message board code of conduct about having different ID’s/ posting aliases on completely different sites? I have only one alias on ihub, and one alias on the other site. Because you and Miz Ellie like to whine and complain about so many aliases I decided to use the same one on both sites to make it easier for you both to keep track of me. You’re welcome.
“Pirates afloat”? I am currently on land, so no, can’t say as I have. Are you having visions of pirates afloat??? If so you may want to mention it at your next checkup.
Why are you and Miz Ellie so bent out of shape because I posted where and who I saw wearing the Mexus hats?
Was that supposed to be a secret?
“10Q to message on time”? Not sure what that means, but I will say that I don’t know when to expect the 10Q. I guess it depends on if the Company can get someone to pay for it or take out another loan.
One thing for sure, is if it follows the same pattern as every 10Q has for the past 6-7 years, it will be very ugly.
Yep! You nailed it mahatmapaul! That’s Miz Ellie to a tee. Completely explains her behavior in those long winded rants she like to post.
Well with her, it might not be stress. It could be infatuation. Lol
I switched back to Badgerbob, because they were crying about me being RJ here and Badgerbob on another site. Talk about misguides priorities. They should be all over the Mexus CEO for the inconstancies and outright lies, but instead, they focus their frustration and Ire on any shareholder who points them out.
Wait, what? She thinks you are the former CEO of AA*B ?
You were one of the guys who exposed the scam.
Lmao, She’s not dealing from a full deck.
Season 14, episode 10, air date Dec.28th, 2021 around the 35 min mark. The Kellys are all wearing Mexus ball caps, and beanies. Of all the crews you would want to wear your gear, why would you pick the crew with the kind of reputation that the Kellys have in Nome? I wonder f he had to pay them to wear the hats.
I need no apology from Miz Ellie. I Am used to her lying and making stuff up about me. She is constantly crushing on either me, or Gitreal or F4UVET, and ranting about us on the private board. It seems like toxic behavior to me , but I guess that’s for her to sort out.
Must be quite a church she belongs to, cause I have never seen anyone spew venom like her. Probably wearing out the bench in the confessional.
Brad Kelly was sentenced to 4 yrs in prison for brutally beating his wife but 3 were suspended, so he only serves 8 months to 1 yr plus 5 yrs probation.
He also bought a gold claim that turned out to be worthless, so he salted the claim and sold it to an unsuspecting rube for $30K . Kelly freely admits it and laughed about it on the show. He also admits to claim jumping. The whole family are perennial screw ups on the show, and the laughing stock of the Nome gold dredging fleet. All 3 were wearing Mexus hats, so they must have had some contact with someone from Mexus . We may find out this winter when the summer dredging season airs.
I was watching Bering Sea Gold a few days ago, from the last season available for viewing, and saw that the Kelly crew were wearing Mexus Gold Hats.
You should call Deb. You might be able to get a 1 million share cert for that $12 bucks .
8thaero, Guess you didn’t look close enough to see those .0006 trades that day?
Maybe if you didn’t see them , they didn’t really happen?
Easier to bash RJ while illegally reposting his copyrighted posts on G4G despite always whining and crying and threatening lawsuits when people repost yours?
One would think an “experienced” mining stock investor would be able to follow daily time and sales charts, but guess not.
From OTC
https://www.otcmarkets.com/stock/MXSG/quote
52WK RANGE
0.0006 - 0.0236
The last shareholder update was Aug.29th, 2 months ago.
MXSG hit .0006 today. New low
As you say it’s a venture. From what I have read, It has to undergo testing. Until it’s been proven to work, I could care less. Companies build prototypes all the time. Most fail or are too costly. Maybe SDRC will succeed.
Am here for the mining. Speaking of mining, what feasibility or exploration study was done by SDRC to be able to claim in Sean’s recent interview that they have reserve estimates of $5-35 billion dollars worth of gold? Where can I find that report that the statement is based on, and the name of the qualified person who verified it?
Winter has come to Idaho. Snow forecast today with temps going into the teens later this week. Guessing the mining season will be winding down soon. Haven’t read anything more about a crew staying on site over the winter. Doesn’t make sense from a safety perspective, if the roads become impassable. Then the only way for emergency help is a chopper.
Would not be surprised to see share prices in the .07-.08 range between now and the start of next year’s mining season. We hit sub .10 last winter and got nowhere near the .50 cents again this summer that has been constantly predicted for the last few years by the Twitter pumpers and their pounding the table posts. As knowledgeable as they may sound to the impressionable, they just don’t know sh#t about mining. They may pump their stocks up for the short term, and even own claims, but they always drop back down, leaving a trail of bagholders.
That being said, next year looks promising for SDRC. Hopefully we will see some of the bonanza grade assay results that the area was known for.
Would like to see them stay focused on the Lucky Ben.
The downfall of many a miner is not focusing on their main property and spreading themselves to thin with other claims.
Sidney Resources Corporation Announces It Has Expanded Exploration Efforts Beyond the Lucky Ben Claim in the Historic Warren Mining District of Idaho
Press Release | 10/20/2022
Sidney Resources Corporation continues to grow their Central Idaho Operations
COEUR D' ALENE, ID / ACCESSWIRE / October 20, 2022 / Sidney Resources Corporation, (OTC PINK:SDRC), an exploration and development company with leased and owned mineral rights claims in Idaho, announced the expansion of exploration operations beyond the Lucky Ben Mine. Exploration and development work has been expanded to 20 acres of private property and to an unpatented claim where the Arlise Mine is located. Initial sampling of the exposed face of the Arlise vein produced assay results averaging 18.66 g/t gold and 179.2 g/t silver. Plans to prove the downward dip of the Arlise vein are part of a diamond drill program scheduled for this year as long as weather permits. The Arlise vein runs parallel to the Lucky Ben vein and underground drill platforms in the Lucky Ben tunnel will be used in the drilling program to reduce soil disturbances and the environmental impact.
Initial work on the Hornet Claim includes locating the Adits and raises described in the patent survey. The Hornet Claim was patented by J.A. Czizek who was the Inspector of Mines for Idaho in the early 1900's and was known as the most scientific miner of his era. He was associated with many of the most successful mines in the Warren District.
The Warren Project:
The Company is currently reviewing over 1,718 acres as possible acquisition targets in the Warren area, one of the largest gold producing districts in Idaho. The Warren mining district lies in the Salmon River Mountains of north-central Idaho, in southern Idaho and northern Valley counties. Gold, galena, sphalerite, tetrahedrite, stibnite, and pyrite are the primary metallic minerals that were recognized in the Warren veins. The mines of the Warren district are reported by the USGS to rank among the richest mines in Idaho. The mines have excellent assays and previous production records. One assay shows a whopping 20,776 grams of silver per ton plus gold. Historically this mining District has produced silver up to 2,660 grams per ton. The Little Giant Vein gold ore was displayed at international exhibitions and won premium awards. An ore specimen as large as a man's body was sent to the Boise Stock Exchange in 1896 which assayed $11,155/ton (24,976 grams/gold per ton @$0.44 per gram). According to published USGS reports this vein averaged 156.8 g/t gold and 840 g/t silver.
Dan Hally, the Chief Operations Officer, explains "These new areas of development are an expansion of our holdings in Central Idaho, but follow the successful exploration methods we use to identify prime targets for further exploration and development of mines that were in production until the U.S. Government implemented the Gold Reserve Act of 1934 and Order L-208 in 1942. Our engineers for the laser mining technology, currently planned for testing at Colorado School of Mines, anticipate the vein structures common to the Warren District will prove to be excellent locations for field testing of the laser units in the future".
Dan Hally also states, "According to the World Gold Council, larger and better-quality underground mines contain around 8 to 10 g/t gold, while marginal underground mines average around 4 to 6 g/t gold".
The Company will be announcing further information on our other projects and our current exploration programs as they advance in the future.
About the Company: Sidney Resources Corp (SDRC) is an Idaho Based, mineral exploration company actively engaged in the acquisition, exploration, and production of gold / silver properties. Sidney Resources Corp is currently focusing its exploration on properties located in the Warren Mining District of Idaho. We have held a long-term lease on 3 patented claims and 5 unpatented claims. Sidney Resources Corporation owns 9. Sidney Resources was formed in 1896 and incorporated in 1910. It was a mid-sized producer of high-grade zinc with lesser amounts of lead, silver and gold until Post WW2 and the Korean War. In 1961, the ore reserves were depleted and were largely inactive until 2003 whereby the company was restructured. In 2020, Sidney Resources Corporation opened the Technology Research and Development Division at our office in Coeur d' Alene, Idaho. The engineering team at this location are focused on the development of new mining and construction technologies that utilize lasers for different applications.
https://www.otcmarkets.com/stock/SDRC/news/Sidney-Resources-Corporation-Announces-It-Has-Expanded-Exploration-Efforts-Beyond-the-Lucky-Ben-Claim-in-the-Historic-Wa?id=376809
MXSG hit .0007 yesterday. New 52 week low . Next note can possibly convert at .00048
UPDATED MXSG SECURITY DETAILS 10/12/2022
Outstanding Shares increased by 95.7 million shares
Authorized Shares. 5,000,000,000. 10/12/2022
Outstanding Shares. 803,307,415. 10/12/2022
Restricted Shares. 363,068,929. 10/12/2022
Unrestricted Shares. 440,238,486. 10/12/2022
UPDATED MXSG SECURITY DETAILS 9/09/2022
Outstanding shares increased by 102.5 million shares
Authorized Shares. 5,000,000,000. 09/09/2022
Outstanding Shares 707,587,148. 09/09/2022
Restricted Shares 343,068,929. 09/09/2022
Unrestricted Shares 364,518,219. 09/09/2022
Updated MXSG SECURITY DETAILS 08/12/2022
An increase of just under 57 million shares
Authorized Shares. 5,000,000,000. 08/12/2022
Outstanding Shares. 605,031,414. 08/12/2022
Restricted. Shares 283,068,929. 08/12/2022
Unrestricted Shares. 321,962,485. 08/12/2022
Updated MXSG SECURITY DETAILS 07/08/2022
Authorized Shares. 5,000,000,000. 07/08/2022
Outstanding Shares. 548,114,747. 07/08/2022
Restricted Shares 269,418,929. 07/08/2022
Unrestricted Shares 278,695,818. 07/08/2022
Updated MXSG Security Details 06/10/2022
Authorized Shares. 5,000,000,000. 06/10/2022
Outstanding Shares 489,029,658. 06/10/2022
Restricted Shares 239,418,929. 06/10/2022
Unrestricted Shares. 249,610,729. 06/10/2022
Updated MXSG Security Details 05/06/2022
Authorized Shares 5,000,000,000. 05/06/2022
Outstanding Shares. 438,634,921. 05/06/2022
Restricted Shares. 196,918,929. 05/06/2022
Unrestricted Shares 241,715,992. 05/06/2022
MXSG security details 04/08/2022
Authorized Shares 5,000,000,000. 04/08/2022
Outstanding Shares 413,473,976. 04/08/2022
Restricted Shares 185,468,929. 04/08/2022
Unrestricted Shares 228,005,047. 04/08/2022
MXSG SECURITY DETAILS 03/11/2022
Authorized Shares. 5,000,000,000. 03/11/2022
Outstanding Shares. 402,473,976. 03/11/2022
Restricted Shares 174,468,929. 03/11/2022
Unrestricted Shares. 228,005,047. 03/11/2022
Paid promotional PR. For sidney resources corp. video production, filming editing, news reporting, financial and corporate news dissemination, FinancialBuzz.com has been compensated three thousand dollars by cambridge consulting inc.
Innovations in Laser Technology Make It Appealing Across a Wide Array of Sectors
NEW YORK, Oct. 12, 2022 /PRNewswire/ -- According to recent data, there is an upsurge in the number of mining and construction activities in emerging nations and as a result, growth in demand for innovative mining equipment and technology. APEC member economies produce and consume roughly 70% of all mining output, including the majority of the world's copper, bauxite, iron, silver, nickel, tin, and zinc. These resources are used in a variety of applications ranging from home construction to transportation and digital infrastructure, food production, and healthcare. One example of innovative mining tech are lasers. According to mining.com utilizing lasers to drill blast holes in open pits, or for spalling (breaking) rock underground, lasers will eliminate conventional methods of drilling and blasting. Preliminary test work indicates substantial savings can be realized in time, material costs, and operating costs. Sidney Resources Corp. (OTC: SDRC), Laser Photonics Corporation (NASDAQ: LASE), IPG Photonics Corporation (NASDAQ: IPGP), Raytheon Technologies Corporation (NYSE: RTX), nLIGHT®, Inc. (NASDAQ: LASR).
The laser technology market on its own is also very divers. For example, solid lasers are the most extensively used laser type which find applications across verticals such as medical where they are used for biomedical imaging, spectroscopy, and multiphoton microscopy and for material processing applications in industrial and automotive verticals. Solid state lasers on the other hand, especially fiber lasers, are extensively used in laser-based weapon technology, thereby promoting their adoption in the defense sector. Overall, the laser technology market size is expected to grow from USD 16.7 billion in 2022 to USD 25.6 billion by 2027, registering a CAGR of 8.9% in the forecast period.
Sidney Resources Corp. (OTC: SDRC) announced back in July that it has, "reached an agreement with the prestigious Colorado School of Mines for testing of our new laser mining technology.
Founded in 1874 with specialties in mining and metallurgy, Colorado School of Mines is a public university focused on science and engineering, dedicated to educating and inspiring students, advancing knowledge, and innovating to address the great challenges society faces today-particularly those related to earth, energy and the environment. Over the years, Mines' scope and mission have expanded to meet the needs of industry and society, producing distinctive graduates and revolutionary innovations, and becoming a world leader in advancing sustainable use of the Earth's resources.
The testing of the new laser mining technology has been coordinated with the assistance of IPG Photonics and will utilize the 4 KW IPG Photonics laser housed at Mines. With the assistance of the Mines team, our engineering team will test our newly designed unit that is configured so that a variety of specialty directional laser pointing devices and their inherent custom software control are interchangeable for use in various mining operations. Testing will evaluate the ability to cut, facture, and spall various samples of geologic materials. The patent pending technology is designed for use mining operations such as explosive installation preparation, rock bolting operations, drifting, expanding raises, winzes and stope mining.
Testing at Colorado School of Mines is a major step forward Sidney Resources in their pursuit of technology that will provide tremendous value for not just Sidney Resources itself but for the mining industry as a whole with the ability to be deployed across multiple verticals. We are exploring additional transformative and disruptive technologies to expand our impact on the mining industry while reducing the impact on the environment. We are committed to protecting the environment and reducing our impact on the Anthropocene, our human centered planet, as a shared passion for our team, and look forward to building additional partnerships with institutions like Mines that shares these same values."
In addition, Sidneys leadership team has also been in contact with State and Federal contacts in leadership positions and is exploring potential partnerships on how Sidney Resources technology can be a material partner in the Energy Independence and Securities Act. These efforts are focused on job creation and energy independence through safe, clean, technology. These processes are to extract rare earth elements from known sources in a collaborate and efficient manner."
Press Here to view Sidney Resources Corp.'s Laser Test Unit.
Laser Photonics Corporation (NASDAQ: LASE) announced yesterday that it received an order from the U.S. Navy for delivery this month of an LPC-1000CTH CleanTech Laser Blasting System with an integrated water chiller for submarine MRO (maintenance, repair and operations). Wayne Tupuola, chief executive officer of Laser Photonics, commented: "We believe the U.S. Navy can benefit significantly from our CleanTech Laser Blasting systems in its $22 billion annual fight to control corrosion across the fleet. This unit will allow the Navy to develop standard operating procedures and processes for using CleanTech Laser Blasting systems for corrosion control. Over time, we hope to expand on this initial order as the U.S. Navy realizes our technology's health, safety and efficiency benefits."
IPG Photonics Corporation (NASDAQ: IPGP) announced on August 15th, that it has sold its telecom transmission product lines, comprised of optical transceivers and coherent components, to Lumentum. The divested activities include the former Menara Networks and a subsidiary in Brazil. "While we have made good progress in developing fundamental technologies in our telecom transmission business, our ability to scale these product lines would require a step-up in investment that we believe would be better spent on our core materials processing and adjacent markets. After an in-depth review, we have determined that participation in the broader telecom market is non-core to IPG's strategy. Our strategy is to remain focused on revenue diversification and growth opportunities in markets where we can increase our value proposition to customers by delivering advanced laser processing and technology solutions. We are exploring substantial new markets and applications where fiber lasers are replacing existing laser and non-laser technologies by improving efficiency, productivity, or enabling technological breakthroughs for our customers. We would like to thank our telecom transmission employees for their contributions and wish them success with Lumentum, a market leader in optical communications," said Dr. Eugene Scherbakov, IPG Photonics' Chief Executive Officer.
Raytheon Technologies Corporation (NYSE: RTX) business, Raytheon Intelligence & Space and Kord, a wholly owned subsidiary of KBR, reported back in May that it has defeated multiple 60mm mortar rounds with a 50kW-class high energy laser integrated on a Stryker combat vehicle. "Soldiers in the field face increasingly complex threats, and our combat-proven sensors, software, and lasers are ready to give them a new level of protection," said Annabel Flores, president of Electronic Warfare Systems for Raytheon Intelligence & Space. "The Army gave us our toughest challenge yet — countering rockets, artillery and mortars — and we took an essential step on the path to providing the maneuverable, short range air defense Soldiers need."
nLIGHT®, Inc. (NASDAQ: LASR) announced on April 25th, the introduction of the 2 micron fiber laser series for a diverse set of medical, industrial, scientific, aerospace and defense applications. The nLIGHT 2 micron series Continuous Wave (CW) and Quasi-Continuous Wave (QCW) fiber lasers deliver CW power up to 100 W and QCW pulsed power up to 625 W from a compact, air cooled, 48 V DC powered package. "The 2 micron series fiber lasers offers a unique combination of pulse energy and pulse modulation unattainable by legacy lasers," states Matthew Randall, Vice President and General Manager of nLIGHT's Semiconductor Laser Business. "This laser family enables our customers to scale performance and access new markets."
https://www.prnewswire.co.uk/news-releases/innovations-in-laser-technology-make-it-appealing-across-a-wide-array-of-sectors-301647155.html
Coeur d Alene, Idaho., October 7, 2022 Sidney Resources Corporation, (OTC PINK: SDRC), is pleased to announce we have released another series of video updates at our Lucky Ben Project location in central Idaho. We are continuing to make significant progress on both tunnels #1 and #2. Please visit our website at www.sidneyresourcescorporation.com to view these new videos and to access additional information.
Contact
Dan Hally, COO
Phone: 509-552-9858
Email: dan@sdrccrop.com
2nd part of PR In other exciting news, we received fire assay results from Liberty Refiners. These samples were primarily taken from the areas between previously mined stopes that were not mined during operations between 1868 and 1932. These areas were previously believed to contain little to no gold or silver but the results from this round of testing have proven that not to be the case. The high result for gold was 28.92 g/t. The low result for gold was 0.085 g/t. The average for the seventeen ore samples for gold was 5.35 g/t. The high result for silver was 85.04 g/t. The low result for silver was 2.26 g/t. The average result for silver was 16.44 g/t. The fire assay testing is only half of the testing process. We are waiting on results from the chemical analysis being completed by Liberty Refiners.
Our contractor, Groundhog Mining and Milling Company has widened the original tunnel back to the second mined stope and is preparing for the second diamond drill program to prove the downward dip of the vein structure in the previously mined second stope continues. Work to construct the new portal for tunnel #2 is progressing on schedule. Tunnel two will run below the historic tunnel and will provide new access to the ore bodies we are identifying through the diamond drill programs.
Please visit our recently updated website at www.sidneyresourcescorporation.com for additional information and video updates of the progress at our project site.
COEUR D'ALENE, ID / ACCESSWIRE / October 5, 2022 / Sidney Resources Corporation Announces Successful Business Leader, Cameron Curriden and Leading Scientist, Dr. Ryan Norman Have Joined the Board of Directors
Sidney Resources Corporation, (OTC PINK:SDRC), is pleased to announce we have added two exceptionally qualified Board Members who are thought leaders in their fields. The highly successful business leader, Cameron Curriden joined the Board of Directors. Mr. Curriden is a highly successful, Investor, Entrepreneur, Web 3 Enthusiast and Family Man. He is the Principal and CEO of CJC Esteemed Partners. Cameron had his beginnings in marketing and business development and in the early 2010's ventured into real estate investing, building a company from scratch to multimillion dollar valuation in 18 months. In the last 5 years, Cameron has been actively involved in over $6.5 Billion in transactions. During that time, Cameron has founded and exited 3 companies and also has invested in and has sat on the advisory boards for multiple startup companies in the tech, entertainment and digital securities space. In 2020, he was nominated for the Top 100 people in Finance and in 2021 was listed as the top 40 under 40 Professionals in the US. Cameron is also very active in several charitable foundations involved in building homes for women coming off the streets in Houston and providing jobs and education as well as Microfinance in one of the poorest countries in the world, Burundi, Africa. We are confident adding one of the best in business will further secure our financial future.
Dr. Ryan Norman joined the Board of Directors. Dr. Norman is a scientist with 21 years of research experience. Dr. Norman received his Ph.D. in physics from Worcester Polytechnic Institute in 2008. His dissertation focused on the nuclear and particle physics of space radiation. He was a recipient of the NASA Graduate Student Research Program Fellowship from 2005-2008. After graduation, Dr. Norman was a postdoctoral scholar in the Nuclear Engineering department at the University of Tennessee, then was a postdoctoral scholar with the NASA Postdoctoral Program at Langley Research Center. Dr. Norman has served as a research professor of nuclear engineering and an adjunct professor of physics. He also has extensive project management experience, having managed multiple projects, including a $4 Million per year research project with 14 investigators. Dr. Norman has co-authored over 60 research articles, presented at numerous international conferences, and is the recipient of multiple awards including the 2021 NASA Early Career Achievement Medal for "exceptional achievement in developing understanding of the radiation environment affecting aircraft and spacecraft". Dr. Norman is the co-founder of Coastal Virginia Gaelic Athletic Association, a 501c3 nonprofit, and served as the chairman for the 4 years and a board member for an additional 2 years before stepping down in 2018. As a thought leader in science, he will guide our technology to new heights and become and integral member of our team as we build additional relationships with prestigious educational institutions. Dr. Norman will guide out technology team as we continue to prepare for testing of the recently fully assembled laser test unit at Colorado School of Mines.
While I can’t speak to the CEO’s whereabouts , I would imagine that without any actual closed deal to report, a fluff PR to help move shares might mention something along the lines of;
-close negotiations with a serious party,
- narrowed down to one offer but want to make it good for shareholders
-plan to restart of placer operations
-plan to mine the high grade Julio shaft with a ladder and a bucket
-plan to restart Ures
- plan to start on Mabel claims
- in talks with a serious investor
- plan to turn the pregnant pond into a world class fishing destination
-discovered REES
- plan to start Bigfoot and Chupacabra sightseeing tours
- etc, etc, etc
Still converting the current note with the next one due next Monday for $38,500. With interest and converted at .0054, looking at about 75 million shares. If the pps actually hits .0005 during that conversion, then the note due in Nov could possibly convert at .0003 for close to 120 million shares. It’s probably going to take a PR to help the seller move all those shares.
MXSG .0008 New 52 week low.
MXSG New 52 week low .00085. Next note will now convert at or near .00056, unless share price drops even lower.
MXSG .0009 New 52 week low. The next note eligible for conversion in two weeks will now convert at or near .00061, unless pps drops lower than .0009.
The next note will add approx 70 million shares on top of the approx 60 million being dumped from the current note. Should put us over or close to 800 million shares outstanding.
So much for the “small” 1 for 20 reverse split being a good thing for shareholders as a few touted here almost 2 yrs ago. I guess PT just forgot to uplist?? And the 5 person BOD?
Of course with 5 Billion authorized, he could just keep taking out more toxic loans and diluting for another year or so.
Or, he could do another reverse split and I’m pretty sure a few posters would try to sell it as a good move again.