South American Silica Corp.’s properties in Argentina, Uruguay and southern Brazil contain sand that meets and exceeds the requirements laid out by the American Petroleum Institute. The sands in Uruguay and Brazil would be amenable to hydro-mining, one of the most cost-effective mining methods that has a minimal environmental impact. Scoping work by management has led to the conclusion that all-in transport costs to a deepwater port and to the Nuequen Basin in which the Vaca Muerta resource is located, are reasonable. Having cleared these critical hurdles, the next step is to establish the consistency of quality of the sands through formal resource estimation when funds are available at less dilutive levels. Click Here For Complete Market Text
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