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Re: ProfitScout post# 9540

Tuesday, 12/08/2015 10:02:27 AM

Tuesday, December 08, 2015 10:02:27 AM

Post# of 15432
Double Crown Resources was covered by the Industrial Minerals site this week. This is a very important mining industry trade publication. Excellent to see Industrial Minerals taking note of Double Crown's news now.

Double Crown in negotiations with second high grade barite customer

By KASIA PATEL
Published: Monday, 07 December 2015

While fracking activity has seen a decline in line with tumbling oil prices, Nevada-headquartered Double Crown has seen growing interest in its 4.2 barite owing to its high grade and a resurgence in re-fracking wells.

US-based Double Crown Resources is in negotiations with a second customer for drilling grade barite (barytes).

The company has reported that the new customer is interested in a multi-year master purchase agreement as large as, or greater than, its previous $20m agreement announced in November.

Link: http://www.indmin.com/Article/3512317/Double-Crown-in-negotiations-with-second-high-grade-barite-customer.html
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