• Samstag, 23 November 2024
  • 00:04 Uhr Frankfurt
  • 23:04 Uhr London
  • 18:04 Uhr New York
  • 18:04 Uhr Toronto
  • 15:04 Uhr Vancouver
  • 10:04 Uhr Sydney

Select Sands Corp: Resource Definition Infill Drilling at Sandtown Hits 110 ft. Thick Zone

23.02.2015  |  Marketwire
VANCOUVER, BRITISH COLUMBIA -- (Marketwired - Feb. 23, 2015) - Select Sands Corp. (TSX VENTURE:SNS) is pleased to announce the progress on the resource definition in-fill drilling program at its Sandtown project in Northeast Arkansas, USA.


HIGHLIGHTS:

- Seven drill holes completed out of 20 planned drill holes

- Drill hole P-07 intersected 110 feet (ft.) or 33.5 metres (m) of potential frac sand, ending in the zone (drill limits reached)

- Six of seven holes intersected potential frac sand intervals, averaging 68 feet (20.7 metres)

- Seven holes reported cover an area of 3937 ft. by 984 ft. (1200 m by 300 m)

- Current drilling is focused on the northern half of the 530-acres property

Seven drill holes have been completed, six of which intersected thick zones of the St. Peter Sandstone (SST) formation. The St. Peter SST is host to Tier-1 frac sand deposits, a necessary mineral used in the extraction of shale oil/gas. Holes are being drilled at approximately 600 ft (183 m) centres over an area of 3937 ft. by 984 ft. (1200m by 300m).


Drill holes intercept with SST frac sand thickness are listed below:

Drill Hole P-015 P-22 P-06 P-07 P-11 P-20 P-19
Overburden 2 ft. 3 ft. 4 ft. 5 ft. 4 ft. 3 ft. 3 ft.
SST-Zone thickness 52 ft. 71 ft. 0 ft. 110 ft. 30 ft. 75 ft. 70 ft.
Comments Medium-
Coarse
grained
SST Hole
ended
in SST Hole
stopped
due to
water

Please see drill hole plan map at the Company's website: www.selectsandscorp.com

The company has released the Stim-Lab results (See SNS Feb 19, 2015 News Release) where its 40/70 and 100 mesh retuned 10K "crush" each meeting or exceeding the Tier-1 frac sand specifications as defined per the ISO 13503-2:2006/API RP 19C recommended practice for measurement of properties of proppants used in hydraulic fracturing and gravel-packing operations. These properties include sand sphericity and roundness, crush (K value), acid solubility, turbidity, and SiO2 (silicon dioxide) content.

The Stim-Lab results are posted on the company's website: www.selectsandscorp.com

"The Sandtown property has the potential to host a significant frac sand deposit," stated Rasool Mohammad. "Sandtown has the competitive location advantage of 650 rail miles closer to Texas/Louisiana oil/gas plays over Wisconsin sand mines."

Cameron Bartsch, M.Sc., P.Geo., of Tetra Tech EBA, a Qualified Person as defined by National Instrument 43-101, has reviewed the scientific and technical information disclosed in this News Release.


About Select Sands Corp.

Select Sands has commenced a drill program on its Sandtown property. The property is underlain by the Ordovician St. Peter sandstone formation, the source of 'Ottawa White' Tier-1 frac sand selling into major US oil and gas basins. The Sandtown property is located 3.1 miles from Highway 167, has an active power line on the property, and is about 14.7 miles away from the nearest rail system (See December 4, 2014 News Release).

The Company also owns high-grade gold deposits in the La Ronge Gold Belt, northern Saskatchewan, and holds other gold projects located in Ontario and Saskatchewan. The Company's Preview SW Gold Deposit in Saskatchewan, Canada, has 158,300 Oz gold and 270,800 Oz gold in Indicated and Inferred Categories, grading 1.89 g/t gold and 1.48 g/t gold respectively. The gold deposit remains open to expansion in all directions.

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.


FORWARD-LOOKING INFORMATION

This News Release includes forward-looking information and statements, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Information and statements which are not purely historical fact are forward-looking statements. Forward-looking information and statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking information and statements herein. Although the Company believes that any forward-looking information and statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such information and statements, there can be no assurance that any such forward-looking information and statements will prove to be accurate, and accordingly readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking information and statements. Any forward-looking information and statements herein are made as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking information and statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking information and statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.




Contact

Select Sands Corp.
Rasool Mohammad, B.Sc. (Mining), President & CEO
604 639-4533
www.selectsandscorp.com
Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
Select Sands Corp.
Bergbau
A12FBP
CA81619L1067
Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.