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Rainmaker, Arkansas Silica Strike Deal

Rainmaker Resources (RMR) concluded a deal by way of a binding Letter Agreement with Arkansas Silica LLC (ASL) to option the 304-acre Bray frac sand property in Northeast Arkansas. ASL currently has a purchase option on the property from the landowners. RMG has tested and assessed the initial potential and plans to deliver an NI 43-101 resource estimate in 90-120 days, according to a report in the Financial Times.

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Legislation on Mine Regulation Discussed at Hearing

According to the Wisconsin Watch, a legislative hearing on a revised attempt to limit local governments’ authority to regulate nonmetallic mining, including existing frac sand mines, drew support from mining representatives but opposition from town leaders.

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