Sidon International Resources
TSX VENTURE : SD
FRANKFURT : SY7
OTC Bulletin Board : SIDNF

Sidon International Resources

November 15, 2010 14:47 ET

Sidon Provides Sampling Update for Its MEG Project in Tanzania

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 15, 2010) - SIDON INTERNATIONAL RESOURCES CORP. (TSX VENTURE:SD) (FRANKFURT:SY7) (OTCBB:SIDNF)

Sidon International Resources Corp. reports on its initial sampling program of its MEG Property southeast of Morogoro in east central Tanzania.

The Company is reporting on the sampling work it has completed to date while accessing the main vein. This includes four grab samples of the main vein that did not contain visible gold. They returned values of 12.8 gm/t, 11.2 gm/t, 15.7 gm/t and 21.5 gm/t. The sampling of two shafts (the overlying rock and not the vein) indicated that at least the 2 metres above the vein have elevated gold values (0.18 gm/t and 0.66 gm/t). A bulk sample of 88 kilograms of rock from the bottom of the shaft was crushed by the company's small ball mill crusher and collected an amalgam sample of sulphides and gold of 1.76 grams (or approximately 20 gm/t). It was sent to Seamic Laboratories in Dar es Salaam for final analysis.

For further investigation of the surrounding rock, a 916.1 kg sample with no apparent vein material in it was crushed, from which 1.9 grams of gold were recovered. Analysis of the sample and the tailings is still pending.

The company also processed 50 kg of tailings and analysis indicated that at least 10.5 gm/t gold was recovered. Since this material is the "tailings" part of the processed vein material (selective or otherwise) it indicates what was missed by the primitive methods used, and also the high grade nature of the vein.

Two samples from the diggings' "non processed" rock assayed 12,790 ppb (12.79 gm/t) gold and greater than 10,000 ppm arsenic, and 780.2 ppb (0.78 gm/t) gold and 2,351 ppm arsenic. All these results are very encouraging to the company's exploration project and are comparable to what another company found on its similarly metamorphosed property.

The company is upgrading the existing access road to accommodate the core drilling on the hard rock zone. This access road will also serve as the mine road for the trucks carrying the gold-bearing alluvium from the new gold discovery area—which is approximately 300 metres south of the existing known hard rock workings—to the placer processing plant for test mining of the placer deposit. No reserves are estimated as placer is notoriously unpredictable, but once operations commence a quantifiable resource estimate on the alluvium will be made. The company is using the estimated amount of the alluvium as an outline of the quantity of material to be mined with no definitive grade value.

Given the nature of the coarse gold in the placer that has been observed less than 100 metres from the projection of the vein, and the visible gold observed in the vein in samples not assayed, it is encouraging that the company's initial efforts at defining a resource on the property are well focused. Soil sampling and geological mapping along the vein structure has been completed and results from samples are pending, however the vein (bed) has been traced for over 1,500 metres

The Company web site consultant report that, www.sidonmines.com should be launched in 4-6 weeks.

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 Northwest Territories, and significant potash acreage in Alberta,

ON BEHALF OF THE BOARD

Kamal Alawas, President

We seek safe harbor

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Sidon International Resources Corp.
    Kamal Alawas
    President
    (425) 501 9384
    (425) 258-3366 (FAX)
    www.sidonmines.com