Declan Resources Uncovers Over 200 Historic Drill Holes on Frac Sand Prospect at Firebag River
30 Januar 2014 - 11:30PM
Marketwired
Declan Resources Uncovers Over 200 Historic Drill Holes on Frac
Sand Prospect at Firebag River
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 30, 2014) -
Declan Resources Inc. ("Declan" or the "Company") (TSX-VENTURE:LAN)
is pleased to provide an update on its "Frac Sand" prospect located
near Firebag River, Northeast Alberta.
Historically, the property has been extensively drilled for oil
sands contained within the Lower Cretaceous McMurray Formation;
which is the target formation believed to host potential frac sand
deposits in the area Regionally, in excess of 200 drill holes and
cuttings that are from 3 - 400m deep were completed. The results of
this work, including cuttings and drill core are stored at the ERCB
Core Research Center in Calgary, Alberta where they are readily
available for review. The company has made arrangements to review
available drill data which, in conjunction with winter fieldwork,
will be used to formulate an accelerated exploration program.
Declan is encouraged by the results of the recently completed
winter sampling program, which showed high silica content, quality
sphericity and roundness, with a high percentage of sand falling
within the preferred 20/40 and 40/70 mesh sizes.
Wayne Tisdale stated, "We're excited by the latest development.
Evaluating the historic drilling at the Firebag River Project will
allow us to quickly advance our frac sand exploration at a
significantly reduced cost."
Situated near the Saskatchewan/Alberta border, approximately 100
kilometres northeast of Fort McMurray, the Firebag River Property
is ideally situated for partnerships. An important advantage of
this location is the significantly reduced transportation cost.
With the current growth in shale gas exploration, frac sand has
become a valuable commodity.
Mr. Garry Clark, a director of Declan, is the "Qualified Person"
as defined in National Instrument 43-101, who has reviewed and
approved the technical content in this news release.
About Declan Resources Inc.
Declan Resources Inc. is an independent mineral exploration
company based in Vancouver, B.C. which is currently pursuing
mineral exploration in their Nimini Hills and Baomahun license
areas in Sierra Leone and uranium mineralization in the Athabasca
Basin in Saskatchewan.
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.
Declan Resources Inc.Wayne TisdalePresident and CEO(604)
639-4455
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