Jul 17 2014
Rainmaker Resources Ltd. ("Rainmaker" or "the Company") is pleased to announce that it has mobilized crews to the Jayjay Lake project in north-central Saskatchewan as well as the Bray Property, Arkansas, to commence its summer field program.
The Bray program will start with a minimum of 15 sonic drill holes, testing the thickness and quality of the known sand horizon (see News Release June 19, 2014). The drilling will be carried out by Terra Sonic International, of Aiken SC. BRS Inc, a highly respected independent engineering company based in Denver, CO, has been contracted to supervise the drilling, and to complete a NI 43-101 Technical Report on the property. Samples will be sent to Stim-Labs of Duncan, OK for analysis.
The Jayjay program will consist of a comprehensive sampling program over the complete property, to assess the quality and thickness of the sand deposit. The drill program is expected to last approximately one week.
Rick Patmore, President and CEO of Rainmaker Resources commented, "This is a very exciting time for Rainmaker and our shareholders. The Bray project has already shown us it holds high quality sands and that they are averaging a depth of 100 feet approximately, now we are going to see the potential mine life by drilling as many as 30 holes to over the complete property to further prove what we believe has the potential to be a large deposit that could yield many years of mine life to supply our customers quality Frac Sand in North America."
Bray Project:
The Bray Frac Sand property is located in Izard County, north-central Arkansas, and has excellent access from State highways. The property is approximately 30 miles north of the city of Batesville, AR. Rail access is available in Batesville, with several potential loading sites present. The currently operating Bluebird Sand LLC frac sand operation is located approximately 5 miles southwest of the Bray property.
The property is underlain by the St Peter Sandstone, of Ordovician age, and is homogeneous pure quartz sand. The St Peter sandstone (also known as the Ottawa sand in commercial operations) is considered to be a major source of frac sand within the United States, especially in Wisconsin. The Arkansas Geological Survey reports that in the nearby Mt. Pleasant area the sand ranges from 135 - 150 feet in thickness. On the Bray property, drilling by Rainmaker has demonstrated thicknesses in excess of 120 feet. Bluebird Sand LLC produces frac sand from the same formation.
Initial test drilling of three holes by the company earlier this year demonstrated sand thicknesses of 80 ft., greater than 90ft. and greater than 120 ft. respectively. Analytical work on two composite samples yielded results that were better than the industry standard recommended values for all parameters (see News Release June 19, 2014).
The Company has entered into a Letter Agreement to acquire an option to purchase the 304 acre property.
Jayjay Lake Project:
The Jayjay silica sand project is located in north-central Saskatchewan, approximately 185 km north-east of Prince Albert SK, and 150 km west of Flin Flon MB. Access is excellent with an all-season Provincial Road crossing the centre of the property. The property consists of one Quarry Permit (3637 acres), issued by the Government of Saskatchewan.
The sand deposit lies at surface and consists entirely of beach sand from the shores of glacial Lake Agassiz. This lake covered much of the central Prairies until approximately 10,000 years before present. Wave action on the beaches has resulted in clean, well-rounded sand grains, which may be suitable for hydraulic fracturing. The sand is derived from a marine quartzose sandstone horizon in the Cretaceous Manville formation.
Previous work has confirmed the presence of this potential high quality sand. The Company has an option to acquire the property from the current owner.
About Rainmaker:
Rainmaker Resource Corp., a well-rounded frac sand company, has acquired frac sand assets in Canada and the United States: Jayjay Lake project in north-central Saskatchewan and The Bray Property in Arkansas. Both projects have excellent access to key infrastructure and are close to existing frac sand producers.
Rainmaker is focused on the development, acquisition, and exploration of proppant projects with the goal of being amongst the lowest cost producers. Proppant or frac sands are used in unconventional oil and gas production from tight shale formations. This special sand is used to provide a conductive pathway for hydrocarbons to flow by propping open hydraulic fractures. Wells are being drilled deeper and more hydraulic fractures placed, therefore, the demand for frac sand will continue increasing.
Chris M. Healey, P.Geo, a Director of Rainmaker, is the qualified person responsible for the technical content of this release.
On behalf of the Board of Directors
Rick Patmore, President and CEO, Rainmaker Resources Ltd.
The company's profile may be viewed on https://www.sedar.com/homepage_en.htm.
Source: Rainmaker Resources Ltd