Sidney Resources Corp (SDRC)

[surrealistrader]

Interesting contrasts from SDRC's / Bill Brown's 2011 operational plan:

"No properties with complex metallurgical make up are considered due to additional time, costs and a lower percent of gold/silver recovery."

"The vein widths, grades and metallurgical make up are alike. There are only trace to very low amounts of lead, zinc, copper, arsenic, antimony, etc. Economic grades of gold run from trace to 1.866 oz. per ton, silver from trace amounts to 45 oz. per ton. Cobalt was identified at the surface as well as underground and has good values as confirmed by an independent assayer using fire assays and atomic absorption evaluations."

Mill Tailings?
Backfill after mining?
Ore processing and refining on site?
No projects with complex metallurgy considered?
Mineralogical studies only showing trace amounts of a tertiary resource? (beyond cobalt)
Start up of production mining this year (2011)?
SEC auditor attorney hired?

Source Cited: https://web.archive.org/web/20110124200754/http://www.sidneyresourcescorp.com/Documents/Resources.pdf

Also from an OTC financial report of this vintage:
"SRC also plans to proceed from Development to Production and Processing this year." "Raw ore bins, a crushing and grinding circuit and recovery equipment for the native free milling gold should also be functional this year, increasing cash flow from various established customers. A secondary crush and grind circuit, and flotation cells will recover the microscopic silver sulfides producing a concentrate for refining and marketing by SRC. SRC cannot justify the cost of hiring staff mining engineers, geologists, or metallurgists, but does rely on consultants who are well educated and have had a successful career in the industry. These independent consultants’ reports are completed more rapidly, less costly, as well as carry higher credibility compared to staff reports."