sttcomp hsk, fa long silica deposit in canada $15M cap with $12M...

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