CALGARY, ALBERTA--(Marketwired - Oct. 23, 2014) - Rainmaker Resources Ltd. (TSX VENTURE:RMG) ("Rainmaker") is pleased to announce that it has received analytical results from the initial phase of field testing on the Jayjay and Jayjay East frac sand projects in North Central Saskatchewan.
A total of five composite samples were collected and submitted to Saskatchewan Research Council (SRC) in Saskatoon, SK for sieve analysis, and then to Stim-Labs in Duncan OK for standard ISO/API testing. The samples were collected from surface outcrops. Results show that the sands generally meet industry requirements for use as proppant sand.
Sieve analysis gave the following results:
|Sieve analysis - SRC||30/50||40/70||70/140|
Results from Stim-Lab are summarized below:
|Jayjay #1||Jayjay #2||Jayjay #3||Jayjay #4||Jayjay #5|
Given the encouraging nature of the results, the company now plans to commence developing a more extensive field-testing program, using mechanized equipment to fully test the size and extent of the deposits. This will require permitting from Saskatchewan Ministry of the Environment. It is anticipated that this work program will take place early summer of 2015.
Rick Patmore, President and CEO of Rainmaker commented, "I am encouraged by the results we have seen so far at Jayjay. Knowing that we have the product we always believed in is exciting for the shareholders of Rainmaker. We are preparing a drill testing and resource evaluation program very soon to confirm: the thickness and areal extent, product size distribution and properties at depth - to prepare a resource estimate in accordance with the published requirements of NI 43-101".
Jayjay and Jayjay East Projects:
The two silica sand projects are 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 Province Road crossing the centre of the property. The Jayjay property consists of one Quarry Permit (QPP 153) (3,624 acres/1470 hectares) and the Jayjay East three Quarry Permits (QPP 154,155 and 156) (1280 acres/518 hectares), 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. At that time, the markets were limited, and the selling prices were much lower than today.
Rainmaker Resource Ltd, a well-rounded frac sand company, has acquired frac sand assets in Canada and the United States: Jayjay Lake and Jayjay East projects 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 Western Canadian 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 pathway for hydrocarbons to flow by propping open 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.
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