Over the last 10 years North America Frac Sand, Inc. (“NAFS”) and its predecessors have made significant discoveries of frac sand in southern Saskatchewan Canada. Current estimates are 8.6 million tons of inferred resources as established by a NI-43-101 Technical Report prepared by Norwest Corporation, an independent consulting firm, which report is dated May 25, 2017.
Located in the heart of shale oil and gas exploration and development country, NAFS is centrally positioned to provide the well completion specialists with timely delivery of high quality frac sand.
Canada currently uses approximately 4.5-5 million tonnes of frac sand per year and forecasts estimate that demand will increase significantly in future years. 70% of this frac sand comes from 3,000 km away in Wisconsin and elsewhere in the United States. Canada now represents the fastest growing global market for frac sand.
NAFS is looking forward to eliminating the excessive transportation costs and removing the transportation logistic delays by providing high quality frac sand at a reliable close by source accompanied by competitive prices.