SOURCE: Sidon International Resources Corporation

December 07, 2010 03:09 ET

Drilling Starts on Tanzanian Gold Prospect

VANCOUVER, BC--(Marketwire - December 7, 2010) -

Sidon International Resources Corporation /

Drilling starts on Tanzanian Gold Prospect

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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.


Abby Farrage


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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Source: Sidon International Resources Corporation via Thomson Reuters ONE


Contact Information

  • For further information contact:

    John Ulmer:

    Abby Farrage:
    (509) 954-1458
    Fax: (425) 258-3366
    Email: Email Contact