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Minago frac sand
December 12, 2009 - 00:00 GMT
KEYWORDS:
Frac sand
,
oil and gas drilling
,
silica
,
Victory Nickel
,
Thompson Nickel Belt
Victory Nickel Inc., based in Toronto, is working towards developing a frac sand deposit that overlies the company’s nickel deposit at its Minago project in Manitoba’s Thompson Nickel Belt
The Minago deposit is claimed to have demonstrated potential as a large tonnage low-grade nickel sulphide deposit amenable to open pit mining, and the Paleozoic Winnipeg Formation sandstone must be stripped off in order to mine the nickel.
Location
The Minago Property is located near the northern edge of the Western Canada Sedimentary Basin, approximately 225 km south of Thompson, Manitoba, Canada. Victory Nickel owns 100% of the quarry lease on the property; four additional adjacent quarry leases are pending.
The property has a favourable location adjacent to a paved highway (Provincial Highway 6), which traverses from Winnipeg north to Thompson, and is only 60km from the Omnitrax Canada railway line, which extends from Flin Flon and The Pas north to Churchill. A 230 kV power line runs parallel Provincial Highway 6 near the deposit.
Geology & resource
Phanerozoic geology comprises the north-eastern edge of the sediments of the Western Canada...
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Euromoney Institutional Investor PLC.
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