With a crew already en route, 92 Resources TSXV:NTY has a 10-day exploration program about to begin on its Golden frac sand project in eastern British Columbia. A team from Dahrouge Geological Consulting will undertake further mapping and sampling for a 43-101 technical report. While the company’s focus remains the Hidden Lake lithium project in the Northwest Territories, 92 Resources sees potential in another energy-related commodity.
“Despite fluctuating oil and gas prices, North American demand for frac sand is exceptionally robust and there remains a nearly non-existent domestic supply of high-quality proppant within Canada,” said president/CEO Adrian Lamoureux.
Close to the Alberta border and with nearby roads, the property’s located five kilometres from Golden, B.C., on the Canadian Pacific main line. Adjacent to the property is Heemskirk Canada’s Moberly project, a former producer of silica sand for the glass industry that’s now being redeveloped as a frac sand production and processing operation. The parent company, Heemskirk Consolidated, is the object of a takeover bid by Northern Silica, held by Taurus Resources No. 2 Fund.
Running through the 3,211-hectare Golden property is an 18-kilometre strike of the Mount Wilson formation, described as hosting high-purity, white, quartzite and friable sandstones. Four samples collected in 2014 showed silica content averaging 98.6% SiO2, with low boron and iron values. “Preliminary testing on these samples indicates favourable frac sand characteristics, as well as metallurgical-grade silica potential,” 92 Resources stated.
Last week the company announced initial results from Phase I metallurgical tests for its Hidden Lake lithium property in the NWT. Early findings suggest material from the hard rock project might be suitable for a conventional flowsheet. As the program goes into Phase II, potential tantalum recovery will be examined as well. 92 Resources filed a 43-101 technical report on the property in January.
The company also holds the 5,536-hectare Pontax lithium property in northern Quebec.