Welcome!

News Feed Item

Rainmaker Mining Corp. Acquires Two Mineral Claims With Frac Sand Potential in North Central Saskatchewan

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 01/20/14 -- Rainmaker Mining Corp. ("Rainmaker") (TSX VENTURE: RMG) is pleased to announce that it has entered into a Purchase and Sale Agreement to acquire two mineral claims in north central Saskatchewan, totaling approximately 10,275 hectares. Both claims have the potential to host deposits of silica sand suitable for hydraulic fracturing.

The terms of the acquisition are:


--  $10,000 on signing the Agreement;
--  $25,000 on or before July 31, 2014;
--  The vendor retains a 3% royalty on production.

Rainmaker plans to commence exploration on the properties with an extensive sampling program, as soon as snow conditions permit.

Chris M. Healey, Vice President - Operations for Rainmaker commented, "The acquisition of these two claims geographically complements our recently announced Jayjay Lake project."

Mannville project:

The Mannville silica sand project is located in north-central Saskatchewan, approximately 40 km SSE of La Ronge, SK. Access is excellent with an all-season Province Road crossing the centre of the property. The property consists of one mineral claim (5,949.149 hectares). The property is underlain by a marine quartzose sandstone of Cretaceous Mannville age.

According to Saskatchewan Energy and Mines Open File Report 93-3, the Mannville Group in this location includes a 12-metre (approximate) thick clean silica sand containing 98.4 - 99.2% silica.

Hanson project:

The Hanson silica sand project is located in north central Saskatchewan, approximately 90 km west of Flin Flon, MB. Access is excellent with Provincial Highway 106 cutting through the property. The property consists of one mineral claim (4,296.398 hectares).

The southern portion of the claim is interpreted to be underlain by predominantly unconsolidated orthoquartzites of the Ordovician Winnipeg formation. This is the same host formation for several nearby high quality frac sand operations which are either in production or currently being developed. These include Preferred Sands, which has an operating facility with an annual production capacity of 850,000 short tons per year, and Hanson Lake Sands Corp which has reported plans to be in production by the end of 2014.

Open File Report 93-3 comments that the Winnipeg Formation in the Hanson Lake area exhibit "a high degree of roundness and sphericity." Chemical analysis performed for the study gave silica contents ranging from 99.1% to 99.6%.

Additionally, it should be noted that both of these claims lie within the recently discovered Pikoo diamond camp.

Chris M. Healey, P.Geo, Vice President - Operations for Rainmaker, is the qualified person responsible for the technical content of this release.

On Behalf of the Board of Directors,

Rainmaker Mining Corp.

Bev Funston

Director

Neither the 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:
Rainmaker Mining Corp.
Bev Funston
Director
(604) 921-1810
(604) 921-1898 (FAX)
www.rainmakermining.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
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abilit...
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
"We provide DevOps solutions. We also partner with some key players in the DevOps space and we use the technology that we partner with to engineer custom solutions for different organizations," stated Himanshu Chhetri, CTO of Addteq, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
SYS-CON Events announced today that Enzu 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, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, discussed the best practices that will ensure a successful smart city journey.
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
The pace of innovation, vendor lock-in, production sustainability, cost-effectiveness, and managing risk… In his session at 18th Cloud Expo, Dan Choquette, Founder of RackN, discussed how CIOs are challenged finding the balance of finding the right tools, technology and operational model that serves the business the best. He also discussed how clouds, open source software and infrastructure solutions have benefits but also drawbacks and how workload and operational portability between vendors an...
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at Dell EMC, introduced a methodology for capturing, enriching and sharing data (and analytics) across the organization...
"Tintri was started in 2008 with the express purpose of building a storage appliance that is ideal for virtualized environments. We support a lot of different hypervisor platforms from VMware to OpenStack to Hyper-V," explained Dan Florea, Director of Product Management at Tintri, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.