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Victory Nickel Deposit Exceeds API Specs

Victory Nickel Inc. announced very positive analytical results from sand samples obtained from drill holes on the Bear Coulee frac sand property located in Trempeleau County, Wis. Testing shows that the 10.9-million-ton NI 43-101 Northern White frac sand resource exceeds American Petroleum Institute (API) specs and that, on average, an exceptional 43 percent of the resource will report to the 20/40 size fraction. Northern White sand is highly valued as a proppant in the oil and gas markets.

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News Fracking Laws Challenged by Industry

Following a process that included more than 1.5 million public comments, Secretary of the Interior Sally Jewell released final standards that she said will support “safe and responsible hydraulic fracturing on public and American Indian lands.”

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Select Sands Completes Sandtown Drilling Program

Select Sands Corp. completed a resource-definition drill program at its Sandtown project in Northeast Arkansas. The company has hired Little Rock, Ark.-based consultants for the quarry permitting process, and the process has begun with:

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Victory Silica Reports Fourth Quarter Results

Victory Nickel Inc. detailed new developments for its 100-percent-owned subsidiary, Victory Silica Ltd. Fourth quarter frac sand production was 47,515 tons, an increase of 21 percent over third quarter 2014 production, though still short of the potential of the company's Seven Persons facility (7P) near Medicine Hat, Alberta, Canada, estimated at 114,384 tons for the quarter.

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Proppant Market Quantified in Report

PropTester Inc. and Kelrik LLC announced the release of the 2014 Proppant Market Report (PMR) on Feb. 23. The annual report is a detailed overview of the global proppant market in relation to prior years and serves as a key industry report for proppant suppliers, consumers and investors.

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