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US Market - Projected Frac Sand Demand vs Projected Shale Oil Production 8 80-100mt Estimated 60-80mt 40mt Actual 31mt Actual 22mt Frac Sand Actual Consumption of 12 million tons in 2010 Source: Hart Energy Graph .

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Victory Nickel Reports Completion of Frac Sand Plant Design ,

October 31, 2008 09:00 ET Victory Nickel Reports Completion of Frac Sand Plant Design and Operating Cost Study TORONTO, ONTARIO--(Marketwire - Oct 31, 2008) - Victory Nickel Inc ("Victory Nickel" or the "Company")(TSX .

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2 Operating Costs Operating costs based on a plant throughput of 12 million tonnes of sand per year are as follows: Category Cost ($/tonne) Labour 376 Power 040 Thermal Energy 257 Maintenance 339 Loader Fuel 020

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