Mr. Rick Patmore reports
RAINMAKER RESOURCES LTD. REPORTS POSITIVE RESULTS FROM INITIAL PHASE TESTING AT JAYJAY, SASK
Rainmaker Resources Ltd. 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 in Saskatoon, Sask., for sieve analysis, and then to Stim-Labs in Duncan, Okla., 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 results outlined in the attached table.
Sieve analysis (SRC) 30/50 40/70 70/140
Jayjay No. 1 16.9% 35.2% 55.3%
Jayjay No. 2 37.1% 45.3% 38.4%
Jayjay No. 3 21.0% 35.0% 54.9%
Jayjay No. 4 29.4% 45.3% 41.5%
Jayjay No. 5 33.0% 42.6% 36.8%
Results from Stim-Lab are summarized in the attached table.
Jayjay No. 1 Jayjay No. 2 Jayjay No. 3 Jayjay No. 4 Jayjay No. 5
40/70 70/140 30/50 40/70 70/140 70/140 40/70 70/140 30/50 40/70
Sphericity 0.6 0.6 0.7 0.7 0.6 0.6 0.7 0.6 0.7 0.7
Roundness 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.5 0.6 0.6
Acid solubility 6.3 7.2 5.7 5.8 7 7 6 7 6.1 6.2
Bulk density 1.39 1.37 1.41 1.41 1.37 1.37 1.41 1.38 1.41 1.4
K value 4k 5k 3k 4k 5k 5k 4k 5k 3k 4k
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 Environment. It is anticipated that this work program will take place in the early summer of 2015.
Rick Patmore, president and chief executive officer 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 National Instrument 43-101."
Jayjay and Jayjay East projects
The two silica sand projects are located in north-central Saskatchewan, approximately 185 kilometres northeast of Prince Albert, Sask., and 150 kilometres west of Flin Flon, Man. 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/1,470 hectares) and the Jayjay East three quarry permits (QPP 154, 155 and 156 -- 1,280 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.
Chris M. Healey, PGeo, a director of Rainmaker, is the qualified person responsible for the technical content of this release.
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