sttcomp hsk, fa long
silica deposit in canada
$15M cap with $12M cash
Project designed to deliver API quality frac sand to customers predominantly in the Western Canadian Sedimentary Basin (WCSB)
• Stage 1 ungeared Net Present Value is estimated at C$78 million and AUD 14 cps using a Real Discount Rate of 7.5%
Moberly JORC Resource
• 37.5 million tonnes with estimated 70% frac sand recovery and is open in several directions
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