Welcome!

News Feed Item

Claim Post Resources Inc. Retains P&E Mining Consultants Inc. for Completion of a NI 43 -101 Resource Estimate Technical Report

TORONTO, ONTARIO -- (Marketwired) -- 01/17/14 -- Claim Post Resources Inc. (TSX VENTURE: CPS) (the "Company") announces that it has retained P&E Mining Consultants Inc. ("P&E") of Brampton, Ontario to complete a NI 43-101 Resource Estimate Technical Report on Claim Post's Seymourville Frac Sand Project located 200km north-east of Winnipeg, Manitoba just off Highway 304 on the east shore of Lake Winnipeg. (The "Seymourville Deposit".)

The Seymourville deposit is the on shore extension of the Black River Formation mined for high purity silica from 1928 to 2003 on Black Island. A thin layer of glacial till effectively hid the sand deposit located within a 25 meter high, flat topped hill. Government geologists identified the deposit from a road cut. The drilling of 12 diamond drill holes in the 1980's plus trenching of shallow outcropping sand, led to the publishing of a historical 45 million ton resource of silica sand (Manitoba Open File Report OF 96-4). The sand was evaluated to a historical Feasibility Study level in 1996 as SiO2 feed for 500 tons per day plate glass plant (Manitoba Open File, OF 96-7). Caution, A qualified person has not done sufficient work to classify the historical estimate as current mineral resources; the issuer is not treating the historical estimate as current mineral resources.

Claim Post has purchased or optioned 734 hectares of Quarry Leases covering most of the Seymourville sand deposit from Char Crete Ltd and Gossan Resources Ltd. Gossan completed three drill campaigns, totaling 58 drill holes from 2004 to 2008 on the Gossan portion of the sand leases. The 2008 drill program was 25 sonic drill holes, 3.5 inches in diameter, drilled to a maximum 30 meter depth. In 2009, Gossan processed sand from 3 sonic drill holes to frac sand size ranges and retained the PropTester Labs in Texas to complete a range of API ISO test work for potential marketing to the oil and gas industry as a proppant. Sand from the remaining 22 sonic drill holes has been in locked storage in Winnipeg since 2008. Four of the government drill holes were drilled on the Char Crete leases; the remaining 8 holes were drilled for general exploration of the sand deposit.

The President of Claim Post Resources, Charles Gryba, stated: "We are concentrating on de-risking the Seymourville frac sand project. We want to independently compile all of the Gossan and Government drilling into a single data base prior to starting our own sonic drill program to confirm and expand the size of the resource. We have just completed a Lidar survey that gives us a 0.5 meter interval contour map which allows the 70 drill hole collar elevations and locations to be plotted accurately on a base map. It is anticipated that P&E would be able to calculate an Indicated resource. We expect to have the P&E technical report press released before the end of Q1 2014."

The historical metallurgical testwork for glass manufacturing indicates that the Black River Formation sand stone has been mainly disintegrated into individual sand grains surrounded entirely by clay. Simply scrubbing off the clay or washing the sand with water results in pure white, round sand grains grading over 99% pure SiO2 ideal for processing into frac sand. We are in the process of structuring a program to de risk the processing side of the Seymourville project.

The market for natural frac sand continues to grow at a high rate. The State of Wisconsin alone produces about 75% of all the US frac sand. Production has grown from 22 million tons in 2011, to 31 million tons in 2012 and to 38 million tons in 2013. The Vice President of Union Pacific Railroads at the September 2013 Frac Sand Conference in Minneapolis predicted, based on their extensive studies that the U.S market will be 70 million tons of frac sand by 2017.

Claim Post's Seymourville frac sand deposit is about 1,000 km closer to the Canadian market than Wisconsin sand deposits; this indicates the potential for significant transportation savings.

Charles Gryba P.Eng is the Company Qualified Person for this press release and Gene Puritch P. Eng. P&E will be the Independent Qualified Person.

Claim Post Resources Inc. is a Canadian based mineral exploration company and a reporting issuer in Ontario, Alberta and British Columbia. The Company is focused on becoming a leading provider of premium white silica sand proppant to oil operations the Williston Basin (both the Canadian and U.S. sides of the Border), and natural gas operations in the Montney and Horn River basins along the Alberta - British Columbia border from its Seymourville Frac Sand Project, located northeast of Winnipeg, Manitoba. Claim Post also has mineral claims in the Timmins area for gold and base metal exploration. There are 95,092,164 common shares of the Company currently issued and outstanding.

Statements in this release that are forward-looking reflect the Company's current views and expectations with respect to its performance, business, and future events. Such statements are subject to various risks and assumptions, some, but not necessarily all, are disclosed elsewhere in the Company's periodic filings with Canadian securities regulators. Such statements and information contained herein represent management's best judgment as of the date hereof based on the information currently available; however actual results and events may vary significantly. The Company does not assume the obligation to update any forward-looking statement.

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.

Contacts:
Claim Post Resources Inc.
Charles Gryba
President and Director
416-801-6366

Claim Post Resources Inc.
Peter Gryba
Corporate Affairs
416-203-3776
www.claimpostresources.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
SYS-CON Events announced today that SD Times | BZ Media has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. BZ Media LLC is a high-tech media company that produces technical conferences and expositions, and publishes a magazine, newsletters and websites in the software development, SharePoint, mobile development and commercial UAV markets.
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
Now that the world has connected “things,” we need to build these devices as truly intelligent in order to create instantaneous and precise results. This means you have to do as much of the processing at the point of entry as you can: at the edge. The killer use cases for IoT are becoming manifest through AI engines on edge devices. An autonomous car has this dual edge/cloud analytics model, producing precise, real-time results. In his session at @ThingsExpo, John Crupi, Vice President and Eng...
There are 66 million network cameras capturing terabytes of data. How did factories in Japan improve physical security at the facilities and improve employee productivity? Edge Computing reduces possible kilobytes of data collected per second to only a few kilobytes of data transmitted to the public cloud every day. Data is aggregated and analyzed close to sensors so only intelligent results need to be transmitted to the cloud. Non-essential data is recycled to optimize storage.
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., will discuss how these tools can be leveraged to develop a lasting competitive advanta...
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations might...
In their Live Hack” presentation at 17th Cloud Expo, Stephen Coty and Paul Fletcher, Chief Security Evangelists at Alert Logic, provided the audience with a chance to see a live demonstration of the common tools cyber attackers use to attack cloud and traditional IT systems. This “Live Hack” used open source attack tools that are free and available for download by anybody. Attendees learned where to find and how to operate these tools for the purpose of testing their own IT infrastructure. The...
SYS-CON Events announced today that IoT Now has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.