Declan Resources is Pleased to Provide an Update on the Work Program at Firebag River
08 3월 2014 - 3:14AM
Marketwired
Declan Resources is Pleased to Provide an Update on the Work
Program at Firebag River
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 7, 2014) -
Declan Resources Inc. ("Declan" or the "Company") (TSX-VENTURE:LAN)
is pleased to provide an update on its work program at Firebag
River.
Analysis of historical drill core and cuttings, at the ERCB lab,
Calgary in February 2014, revealed the continuity of high grade
frac sand at, or near, surface in regions throughout the property.
To date, 1500m of core along with 2000m of core cutting have been
analyzed with additional holes still available for review. Data
from the first visit revealed high silica content in and around the
perceived deposit and further delineated Declan's target of
interest.
With this analysis, Declan will now turn to the final stage of
Frac Sand testing of the samples that were submitted to Lorring
Laboratories ltd of Calgary, Alta by Dahrouge geological in
December 2013. Samples will go through a crush test, after which,
all results will be released to the public.
Wayne Tisdale states, "We're encouraged by the progress we're
making on the project at Firebag River. Approval of Athabasca
Minerals surface mineral license, Northwest of Firebag River, is a
positive step for the Frac Sand industry in Alberta. With the
development of shale gas in Alberta/ B.C the demand for localized
sand, at lower transportation costs will continue to
accelerate."
Situated along the Saskatchewan/Alberta border, approximately
100 kilometers Northeast of Fort McMurray, the Firebag River
property is ideally situated for partnerships. An important
advantage of the 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.Tyson King(604) 639-4472
Declan Resources Inc. (TSXV:LAN)
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