Sidney Resources Corp (SDRC)

[surrealistrader]

SDRC's impending deal with Endomines and Unity Goldmines.

SDRC will obtain rights or ownership of the entire Little Giant vein. Sidney resources seeks to take advantage of larger more established Endomines' act of capitulation / divestment from their assets in Idaho.

One advantage that Sidney Resources has that these companies don't is an ability to generate cheap capital for production without proving reserves. SDRC's plan is to mine like the old timers did, without expensive drilling and feasibility studies, hence why their anecdotal AISC is so low. SDRC investors are happy regardless as long as the stock price goes up. Most don't even know what reserves are and the company pretends not to either since their outspoken pursuit of a "inferred resource for recovery."

Endomines:
"We are continuing the negotiations we are most likely we have been looking for exiting the Idaho assets where we have five assets"

Source Cited: https://www.youtube. com/watch?v=bTcHGdPDkRk

Unity Goldmines:
"One of the things that works against us at the Warren property is the lack of records as to the reserves of gold on the property. The old timers that mined the property did not report any more than what they were required too. In today’s world, expensive exploration, drilling, and development is required in order to prove the property and bring it into production. Unity is fortunate to have a strong company like Endomines to explore our property."

Last fall we were approached by Sydney Resources Mining wanting to buy our mining property. Sydney is a mining operation currently in exploration and development near our location. The offer was $650,000.00 of Sydney stock in exchange for surrendering our stock, so it was basically a stock swap. If we agreed to the stock swap Sydney required that no stock could be sold for two years. Sydney also offered to give Unity stockholders $500,000.00 of the first $1,000,000.00 refined from the property which would likely take a few years. In order to go with Sydney, we would need to break the contract with Endomines. On the advice of our lawyer, he warned us that Endomining probably would not let us out of the contract without a fight which could be long and expensive. Another problem was that Sidney would not put an offer in writing which our lawyer warned was a potential red flag."

Source Cited: https://unitygoldsilvermines. com/2023/05/update-may-11-2023/

Sidney Resources:
"Yesterday @SDRCMINING and another party signed an LOI agreeing to the terms for a significant acquisition. We have spent three years working towards this and I am very proud of our teams persistence and execution. Both sides have 60 days for DD and normal acquisition activities."

Source Cited: https://x. com/SeanRaeZalewski/status/1839688017910342081