Drilling starts on Tanzanian Gold Prospect
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Sidon International Resources Corporation /
Drilling starts on Tanzanian Gold Prospect
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Vancouver, BC; December 7, 2010
SIDON INTERNATIONAL RESOURCES CORP. (SD - TSXV; SY7 - FWB)
Sidon International Resources Corp. reports that it has commenced its drilling
program on the company's MEG Property southeast of Morogoro in east central
Tanzania.
Abby Farrage, Director of Sidon states, "This is a significant step forward for
Sidon. To now be underway on this gold prospect in one of the most talked about
regions in the gold world is something management has been working towards for
many months. Management is optimistic about what this Tanzanian gold prospect
will mean for Sidon's corporate growth in the near and long term especially when
you look at how the market has embraced Canaco Resources Inc's significant
drilling results in Tanzania."
The first hole is being drilled to intersect the vein mineral extension adjacent
to the workings of the vein that the Primary Mining License holders have been
mining has now commenced
The first 27 metres of this hole were in the marble unit which is visible in
outcrop to the east of the main mineralized ridge. At the contact from 27
metres, metasedimentary rocks were intersected with strong silicification and up
to 10% pyrite, arsenopyrite, pyrrhotite, and chalcopyrite being observed. This
zone is well above the artisanal mined vein (estimated to be at between 95 -100
metres down the hole) and represents a significant envelop of mineralization
associated with the contact and the mineralized vein.
The content of this release has been reviewed and approved by Laurence
Stephenson, P. Eng., a qualified person as defined by National Instrument
43-101.
Sidon International Resources is a junior exploration company with interests in
Saskatchewan coal properties, gold silver claims in British Columbia, copper
gold claims in Nevada, diamond properties in the Northwest Territories, and
significant potash acreage in Alberta.
ON BEHALF OF THE BOARD
Abby Farrage
Director
For further information contact:
John Ulmer: 1778994-6453
Abby Farrage: (509) 954-1458
Fax: (425) 258-3366
Email:info(at)sidonmines.com
We seek safe harbor
--- End of Message ---
Sidon International Resources Corporation
PO Box 1191 Everett United States
Listed: Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;
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originality of the information contained therein.
Source: Sidon International Resources Corporation via Thomson Reuters ONE
[HUG#1469638]
Unternehmensinformation / Kurzprofil:
Datum: 07.12.2010 - 09:01 Uhr
Sprache: Deutsch
News-ID 49466
Anzahl Zeichen: 3583
contact information:
Town:
Everett
Kategorie:
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