Friday, October 25, 2019 12:04:37 PM
Sidney Resources Corporation currently leases the patented mining claims known the Lucky Ben Claim, Lucky Ben Extension, Hornet Claim, and the unpatented mining claims known as the Lucky Ben Extension West Claim and the Lucky Ben Extension South Claim, the Lucky Leland Claim, the Royal Richard Claim and the Dandy Don Claim. All of these claims are located in the historical mining district of Idaho known as the Warren Mining District. The Lucky Ben Claim was in previous production that ended in 1921. Sidney Resources paid $60,000.00 for a five year lease with an option to renew the lease for 5 additional years. The first five year lease period expires on December 31, 2019. The Board of Directors is currently negotiating the five year extension of the lease. The board received an offer to purchase the properties from the Lessor and the Board of Directors is currently reviewing the purchase proposal.
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