Lac Bouchette Quartz Property - FMR Silica/Silicon PROPERTY
Was looking at the news release from last week and the new industrial mineral property that Fairmont just optioned. Did some searching around at other companies and was honestly surprised how much the Silica demand and prices have grown.
I like the fact the company is focusing on quarry stile properties that can be generating cash flow with little effort. Remove the overburden, blast, crush, and transport.
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October 28, 2014 --- Vancouver, BC --- Fairmont Resources Inc. (FMR: TSX-V) (“Fairmont”) is pleased to announce that it has entered into an option agreement with two Saguenay—Lac-Saint-Jean, Quebec, based claim holders (the “Vendors”) to acquire a 100% interest, subject to a production royalty, in the Lac Bouchette Quartz Property. The Lac Bouchette Quarter Property, consisting of eight mineral claims totaling 435 hectares, is located 15 kilometres south of Lac St-Jean, and less than 100 km from the Port Alfred and less than 100km the Grand Anse Sea Terminal.
https://fairmontresources.ca/uploads/255.pdf
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I found a few slides via the internet and will share - fiirst, what is silica?
