Stikine Gold Corporation (SKY: TSX-V) is a publicly listed mineral exploration company with projects located in British Columbia and Saskatchewan. In a brand new focus, Management has secured title over several silica claims located in the heart of major gas plays located in north east BC (NEBC). Stikine has an exciting and early opportunity to locate silica resources and process high-quality frac sand, a key component to the development of the gas plays in the Horn River Basin and the Montney of BC.
Frac sand already has high value for product delivered to NEBC well heads, but much of that is attributed to shipping and transport from far-away places like Texas. Increased drilling activity as a result of current success of the NEBC gas play, and the ongoing development of other gas fields in North America will likely increase demand dramatically over the next three years. A key component to our strategy is to quickly establish potential off-take / investor relationships with the gas producers in the area. Our goal is to quickly define resources and processes to produce frac sand; to accelerate permitting and development activities; and, rapidly become a cash flowing producer of high-quality silica products located in close proximity to massive and growing demand.