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Source Energy Services Ltd.
Summary
| Project: | Blair | |
|---|---|---|
| Deposit: | Blair | |
| Location: | United States | |
| Commodities: | Silica | |
| Date: | 3/22/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 22-3-2019: Source Energy Services Ltd. announces a Resource Estimation report for its Blair deposit at the Blair project. Updated mineral resource estimate at project. This Technical Report was prepared by APEX Geoscience Ltd. (“APEX”) and John T. Boyd Co | |
| Resources: | (Resource, Inf.): 22.04Mt Silica (Frac) Sand | |
| CP/QP: | [Resources]: Roy Eccles (APEX Geoscience Ltd.) | |
| ABSTRACT: | This Technical Report was prepared by APEX Geoscience Ltd. (“APEX”) and John T. Boyd Company for Source Energy Services Ltd. (“SES”), a company headquartered in Calgary, Alberta, Canada. With over a decade of frac sand supply and logistics experience, SES is an integrated supplier and distributor of high quality frac sand in Western Canada and the United States with services that cover the entire proppant supply and logistics chain. SES currently owns and operates 3 silica sand mines and 9 trans-loading rail terminals. The mines are in the State of Wisconsin, U.S. and include the Sumner Mine in Barron County, and the Blair and Preston mines in Trempealeau County. The comprehensive rail distribution network is designed to deliver proppant to tight oil and gas exploration plays throughout the Western Canada Sedimentary Basin. The Blair Property is the primary focus of this Technical Report, the primary objective of which is to present a 2018 inferred mineral resource estimate. The 2018 resource estimate, and this Technical Report, replaces and supersedes Eccles et al. (2017). The updated resource constitutes a change to the inferred mineral resource due to conventional mining depletion. The updated resources do not represent a 100% or greater change in the total mineral resources at Blair, and no new scientific or technical information was provided to APEX by SES, or considered, during the estimation of the 2018 Blair Resource Estimation. | |
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