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RMG Rainmaker Resources Ltd

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Share Name Share Symbol Market Type
Rainmaker Resources Ltd TSXV:RMG TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Rainmaker Mining Corp. Acquires Two Mineral Claims With Frac Sand Potential in North Central Saskatchewan

20/01/2014 12:30pm

Marketwired Canada


Rainmaker Mining Corp. ("Rainmaker") (TSX VENTURE:RMG) is pleased to announce
that it has entered into a Purchase and Sale Agreement to acquire two mineral
claims in north central Saskatchewan, totaling approximately 10,275 hectares.
Both claims have the potential to host deposits of silica sand suitable for
hydraulic fracturing.


The terms of the acquisition are:



--  $10,000 on signing the Agreement; 
--  $25,000 on or before July 31, 2014; 
--  The vendor retains a 3% royalty on production. 



Rainmaker plans to commence exploration on the properties with an extensive
sampling program, as soon as snow conditions permit.


Chris M. Healey, Vice President - Operations for Rainmaker commented, "The
acquisition of these two claims geographically complements our recently
announced Jayjay Lake project." 


Mannville project:

The Mannville silica sand project is located in north-central Saskatchewan,
approximately 40 km SSE of La Ronge, SK. Access is excellent with an all-season
Province Road crossing the centre of the property. The property consists of one
mineral claim (5,949.149 hectares). The property is underlain by a marine
quartzose sandstone of Cretaceous Mannville age.


According to Saskatchewan Energy and Mines Open File Report 93-3, the Mannville
Group in this location includes a 12-metre (approximate) thick clean silica sand
containing 98.4 - 99.2% silica.


Hanson project:

The Hanson silica sand project is located in north central Saskatchewan,
approximately 90 km west of Flin Flon, MB. Access is excellent with Provincial
Highway 106 cutting through the property. The property consists of one mineral
claim (4,296.398 hectares).


The southern portion of the claim is interpreted to be underlain by
predominantly unconsolidated orthoquartzites of the Ordovician Winnipeg
formation. This is the same host formation for several nearby high quality frac
sand operations which are either in production or currently being developed.
These include Preferred Sands, which has an operating facility with an annual
production capacity of 850,000 short tons per year, and Hanson Lake Sands Corp
which has reported plans to be in production by the end of 2014.


Open File Report 93-3 comments that the Winnipeg Formation in the Hanson Lake
area exhibit "a high degree of roundness and sphericity." Chemical analysis
performed for the study gave silica contents ranging from 99.1% to 99.6%.


Additionally, it should be noted that both of these claims lie within the
recently discovered Pikoo diamond camp.


Chris M. Healey, P.Geo, Vice President - Operations for Rainmaker, is the
qualified person responsible for the technical content of this release.


On Behalf of the Board of Directors,

Rainmaker Mining Corp. 

Bev Funston 

Director

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Rainmaker Mining Corp.
Bev Funston
Director
(604) 921-1810
(604) 921-1898 (FAX)
www.rainmakermining.com

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