Silica Mining, Inc.

UPDATED LISTING
FRAC SAND DEPOSIT AND MILL
100+ acres mining patents; 36,000,000 tons of frac sand
Beaverhead County, Dillon, Montana

Silica Mining, Inc. has recently been notified that it will receive the permits on the adjacent mining patents from BLM, thereby increasing the amount of recoverable sand from 11,000,000 tons to 36,000,000 tons. Silica Mining anticipates that the permits will be in hand within the next several weeks.

• Cash sale of Silica Mining, Inc., assets; Cash and royalty offers will also be considered
• Assets include the frac sand deposit, mill (dry plant) & mill site
  • Operating permits and all rights of access are in place
  • Option to purchase adjacent land for water rights to run wash plant
• High quality frac sand, verified by extensive testing
  • Pennsylvanian Quadrant Quartzite (silica) formation, 300’ exposed by road cut
  • Approximately half of sand in place is 40/70 mesh and half 100 mesh
  • SiO2 content is 97+%
  • Third party studies – ICP81 test and SEM/EDX-MLA analysis
  • Independent reports: Anderson Engineering, Stim-Lab, and Gustavson Associates
• Dry plant currently configured to process 500,000 tons/year, needs refurbishing
  • Plant includes 14 Tyler Hummer screen decks and Carrier fluid bed dryer
  • Four-acre mill site is located 2 miles from silica deposit via state highway
  • Natural gas supply and 3 phase power installed
  • Experienced labor in place to run plant and operation
  • Located on Union Pacific RR - able to load 40 rail cars; permit for 90-car unit train pending
  • Draft layouts for expansion of plant and railroad siding are included
    

NOTE: A Confidentiality Agreement ("CA") must be executed prior
to receiving the data package. Please visit our website to order
this package and download the required CA.

REVISED BID DATE: MARCH 28, 2012

SELLER ANTICIPATES CLOSING ON OR BEFORE APRIL 10, 2012