This Week’s Market Buzz

Select Sands Corp. has agreed to purchase the frac sand business of CanFrac Sands Ltd. for a purchase price of $3.5 million. Canfrac Sands produces 20/40, 40/70, 16/30, and 100 mesh sand. The corporation’s quarrying operations and processing facilities are located near the city of Lloydminster in Saskatchewan, Canada.

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This Week’s Market Buzz

Claim Post Resources Inc. signed an Engagement Letter with P&E Mining Consultants Inc. to complete a Preliminary Economic Assessment (PEA) on the company’s Seymourville Frac Sand Project located approximately 200 km north east of Winnipeg, Manitoba. P&E will be retaining Consultec Ltd. to assist in the to provide technical input into the frac sand plant material handling design plus complete…

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Claim Post Seeks Canadian Work Permit

Claim Post Resources Inc. has applied for a Mineral Exploration Work Permit through Manitoba Conservation and the Mineral Resources Division of Innovation, Energy, and Mines (IEM). The Work Permit is valid for a one-year period for exploration work such as line cutting, exploration and geotechnical drilling.

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Claim Post Starts Producing at Seymourville

Claim Post Resources Inc. announced that SGS Mineral Services of Lakefield, Ontario, Canada, has successfully produced 99.3 percent pure silica sand from the Seymourville sand deposit. This high-grade silica sand deposit is located 200 km northeast of Winnipeg, Manitoba, Canada, just off of paved Highway 304 on the east shore of Lake Winnipeg.

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This Week’s Market Buzz

The Wabasha, Wis., city council voted to extend its frac sand moratorium for another year in order to get more complete information on air quality, truck traffic and environmental concerns, according to the Winona Daily News. Although the frac sand moratorium was extended, a moratorium on truck traffic was not. The council at the same meeting allowed that moratorium to…

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