08/14/2026
SDRC Q2 FY2026 Update – Building the Foundation for Resource Definition & Production ⛏️🇺🇸
Q2 marked another major advancement period as Sidney Resources continued developing the Warren District toward drilling, resource definition & production.
🔗 https://www.otcmarkets.com/file/company/financial-report/584890/content
Lucky Ben
SDRC continued advancing toward its primary underground gold target while building infrastructure for sustained operations, including storage, sumps, refuge areas, electrical & ventilation systems, diamond drill bays, ground support & utilities.
Management believes this has transformed Lucky Ben into a functioning underground operating platform capable of year-round work.
NI 43-101
SDRC engaged Janus Mineral Strategy to prepare an NI 43-101 technical report covering the Warren District, advancing the project toward independent technical validation & future resource definition.
Unity & Charity
Substantial portions of the historic 5,200-ft Unity Tunnel remain open, accessible & self-draining.
Historic records were reconstructed into modern 3D models mapping workings, ore shoots & conceptual drill targets.
Infrastructure, Permitting & Commercialization
SDRC opened ~23 miles of Warren Wagon Road ahead of the traditional season while advancing Lucky Ben permitting & Section 106.
Potential offtake discussions also advanced across gold, silver, PGMs, REEs & strategic minerals.
More than 14 tons of #3 concentrate + 500 tons of tailings were prepared for potential sale, subject to confirmation & definitive agreements.
SDRC also evaluated financing designed to limit or eliminate dilution, including municipal bonds, structured debt, grants & offtake-linked financing.
Former Idaho Governor C.L. “Butch” Otter joined SDRC as Chairman during Q2.
Looking Ahead
Q1 was about underground advancement & reaching the Little Giant Vein.
Q2 was about building the infrastructure necessary to capitalize on it.
Next: Underground drilling, NI 43-101 reporting, permitting, Unity/Charity development & commercialization.