Victory Nickel Inc. (TSX:NI) announced an update regarding ongoing initiatives by its subsidiary Victory Silica Ltd.
As quoted in the press release:
VSL was created earlier this year to establish Victory Nickel’s presence in the frac sand market prior to commencing production of both nickel and frac sand at the 100%-owned Minago mine in Manitoba. The Minago feasibility study envisions production of up to 1.14 million tonnes per year of premium-quality frac sand from the Winnipeg Formation sandstone resource that overlies the Minago nickel deposit. In order to establish Victory Nickel as a premier frac sand supplier today, VSL plans to produce premium-quality Midwest frac sand in Canada by shipping raw or partially processed sand from Wisconsin to an existing sand processing facility in Alberta. Discussions concerning VSL’s acquisition of the Alberta plant are well advanced.