Vancouver, British Columbia–(Newsfile Corp. – April 12, 2022) –( ) (“Equity”) reports analyses and initial test work on its 100% controlled La Ronge Silica Project, an historic sand quarry located in central Saskatchewan, approximately 60 kilometers south-southeast of La Ronge, Saskatchewan and 210 kilometers west of Flin Flon, Manitoba.
Preliminary studies indicate the silica deposit may be developed into a simple and profitable, low-cost mining and washing operation to produce high-purity silica (>98% SiO2), a specialty product. The sand can be mined very efficiently due to its unconsolidated nature. High-purity silica can be converted into silicon, which is being tested by the electric-car industry to replace or augment carbon in battery anodes to dramatically extend the time between charging. Other possible conventional uses exist in the ceramics and glass industries.
The Company acquired the lease as possible fracking sand; however, never mined the deposit. Historic mining was minimal and the extent of the silica deposit is open in all directions and at depth. Equity recognized the purity of the silica and its potential use as a low-cost material to produce silicon for the expected increase in demand due to electrification requirements. In October 2021, Equity initiated a sampling program to evaluate the deposit. Ten representative sites were sampled within the quarry, and sufficient material was collected to derive an average purity of the sand – see location of samples on the attached plan map of the quarry.
The samples were first analyzed by whole-rock analysis for SiO2, Al2O3, LOI (loss-on-ignition, organic material) and other elements. Average results of the 10 samples indicated 96.2% SiO2 and over 2% Al2O3. Assuming that much of the Al2O3 was in the form of clay and that LOI represented organics, a process was developed to wash all 10 samples in the lab and then to re-analyze the residual sample by whole-rock analysis. The result produced an average of 98.1% SiO2, with a range of 96.1 – 99.2%, and with 0.98% Al2O3 and less than 0.1% LOI. The washing process lost a relatively minor percentage of the original samples, approximately 12% of the total sample (2% clay + LOI and 10% SiO2 lost). X-ray diffraction (XRD) has determined that 100% of the material identified by XRD is quartz.
President Joe Kizis commented, “Our Silver Queen precious/base-metal property in BC will remain Equity’s main focus; however, these results from the La Ronge Silica property are very encouraging and suggest it may become a “third leg” value to Equity, in addition to Silver Queen and the diamond properties.
“The Electric Vehicle industry recognizes the need to reduce frequency of battery charging in order to be widely accepted by the general public, and much progress on that front has been reported recently by adding silicon. High-purity silica is the feedstock to produce silicon, and now that we have this positive test work, we can investigate potential markets and partnerships for this specialty silica product.”
Figure 1: Plan Map of showing sample locations, La Ronge Silica Project, Saskatchewan
To view an enhanced version of Figure 1, please visit:
Table 1: Whole-rock analyses of pre- and post-washed samples, La Ronge Silica Quarry
To view an enhanced version of Table 1, please visit:
Samples were submitted to SRC Geoanalytical Laboratories (SRC) in Saskatoon, Saskatchewan. A 100-gram portion of each sample was subjected to a Lithium Metaborate Fusion process and then analyzed for 16 metallic elements and LOI by ICP Whole Rock analytic techniques. 10 metal results were converted to weight percent of the original sample and then calculated to specific and probable mineral form. The remaining 6 metals are expressed as ppm content of the original sample. On receipt of these initial results, a 100-gram portion of each sample was subjected to a wash and screen process. The +63-micron fraction was re-analyzed by ICP Whole Rock analysis for the same 16 metals and LOI, with similar conversions and calculations as above. Four samples were selected analyzed for quartz content by X-Ray Diffraction. An aliquot of each sample was ground and irradiated with Cu Kα radiation in a Bruker D4 Endeavor X-ray diffractometer (XRD) operating at 1.6kW power. The raw diffraction data was processed for mineral identification and quantification. Quartz abundance was calculated using whole-pattern fitting algorithms with peak intensities scaled with internally consistent relative intensity.
is a Manex Resource Group Company. Manex provides exploration, administration, and corporate development services for Equity Metals’ two major mineral properties, the Silver Queen Au-Ag-Zn-Cu project, located in central B.C., and the Monument Diamond project, located in Lac De Gras, NWT. The Company also has a 1% royalty (Greenwood Royalty) and a 100% working interest in the La Ronge Silica Project.
The Company owns 100% interest, with no underlying royalty, in the Silver Queen project, located along the Skeena Arch in the Omineca Mining Division, British Columbia. The property hosts high-grade, precious- and base-metal veins related to a buried porphyry system, which has been only partially delineated. The Company also has a controlling JV interest in the Monument Diamond project, NWT, strategically located in the Lac De Gras district within 40 km of both the Ekati and Diavik diamond mines. The project owners are(57.49%), Chris and Jeanne Jennings (22.11%); and Ltd. (20.4%). Equity Metals is the operator of the project.
The 100% controlled La Ronge Silica Project is an historic sand quarry located in central Saskatchewan, approximately 60 kilometers south-southeast of La Ronge, Saskatchewan and 210 kilometers west of Flin Flon, Manitoba. Preliminary studies indicate the silica deposit may be developed into a simple and profitable, low-cost mining and washing operation to produce high-purity silica (>98% SiO2), a specialty product for the EV battery industry.
John R. Kerr, P.Eng, BASc (geology), is a Director ofand a Qualified Person as defined by National Instrument 43-101. He is responsible for the supervision of the exploration on the La Ronge Silica project, and prepared and approved disclosure of the technical information in this news release.
On behalf of the Board of Directors
“Joseph Anthony Kizis, Jr.”
Joseph Anthony Kizis, Jr., P.Geo
Neither 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. This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include the timing and receipt of government and regulatory approvals, and continued availability of capital and financing and general economic, market or business conditions.does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/120137
Great Lakes Nickel Limited Early Warning Report Issued Pursuant to National Instrument 62-103 Acquisition of Shares of RJK Explorations Ltd.
Toronto, Ontario–(Newsfile Corp. – May 22, 2022) – This press release is being disseminated as required by National Instrument 62‐103 The Early Warning…
Dundee Corporation Signs Deal in Partnership With Aura Minerals to Develop and Participate in Future Cash Flows From the Borborema Mine
TORONTO, April 19, 2022 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announces its wholly-owned subsidiary,…
DURANGO Announces Flow Through Financing of $515k
Vancouver, BC / TheNewswire / May 20, 2022 – Durango Resources Inc. (TSXV:DGO) (Frankfurt:86A1) (OTC:ATOXF), (the “Company” or “Durango”) announces…
Energy & Critical Metals14 hours ago
Nevada Sunrise Receives Final Lithium Analyses from Borehole GEM22-02 – Mineralized Intersection Improves to 1,101 ppm Lithium over 730′
Precious Metals15 hours ago
Five Warning Signs The End Of Dollar Hegemony Is Near… Here’s What Happens Next
Energy & Critical Metals18 hours ago
Wait for Mullen Stock to Give Away Solid-State Battery Partnership Gains
Economics13 hours ago
Why We Must Resist Geoeconomic Fragmentation—And How
Economics4 hours ago
Bloated Inventories Hit Walmart, Target And Other Retailers’ Profits, Trucking Demand
Economics13 hours ago
How Will Utility Stocks Perform in 2022?
Economics15 hours ago
Cracks Appear As Subprime Borrowers Miss Loan Payments Amid Recession Threats
Precious Metals9 hours ago
Ray Dalio: Gold Reduces Risks, Enhances Returns, Belongs In Your Savings