This Week’s Market Buzz


• Source Energy Services Ltd. said that its sand volumes for the second quarter were 814,000 metric tonnes (MT), of which, approximately 85 percent were made through Source's Canadian distribution network or at customers' well sites. This brings Source's 2018 six-month sales volumes to 1,456,000 MT, after selling 643,000 MT in the first quarter of 2018.

• 92 Resources Corp. appointed Darren L. Smith, M.Sc., P.Geol., to its board of advisors. A professional geologist with more than 12 years’ experience in the mineral exploration industry, Smith currently works out of Quebec City, Canada, as a senior geologist and project manager with Dahrouge Geological Consulting Ltd. His experience spans high-level project management including program design, implementation, technical reporting, land management and corporate disclosure. Smith has provided technical oversight for PEA, PFS and FS level project advancement and has set up and monitored complex metallurgical programs. Most recently, he supervised the metallurgical program for the company’s Hidden Lake Project, currently under Option to Far Resources Ltd.

• Florida gubernatorial candidate Rep. Ron DeSantis (R-Fla.) was asked about his stances on offshore drilling and fracking. DeSantis has stated his support for an offshore drilling ban in Florida, but had never spoken publicly about his support for a ban on fracking in Florida. The Congressman acknowledged his support for a ban on offshore drilling. When asked by Food & Water Action volunteer Ginger Goepper whether or not he also supports a ban on fracking, Rep. DeSantis said, “Yes.”