White Mountain Titanium Corp., an exploration-stage company engaged in titanium deposits and reserves, today announced it has applied for an access license to draw sea water for a planned desalination plant, which will provide industrial and potable water to the Cerro Blanco project, and possibly to other users in the region.
The company currently is conducting process and design engineering work for the planned desalination plant, which will be incorporated into the final project engineering design and Environmental Impact Statement (EIS) for submission to the Chilean mining authorities.
White Mountain said it has completed a ground geophysics study to assist exploration personnel to site and orient drill holes planned for the upcoming Las Carolinas and La Cantera drill program; to identify new exploration targets; and to assist engineering personnel as they work to locate the crusher, process plant, waste dumps, tailings facility, and site infrastructure away from mineralized areas.
The company has established a “footprint” for final engineering design purposes and identified two new exploration target areas. In addition, White Mountain said it has received all necessary permits to undertake the drilling program.
White Mountain concluded with assurance that it continues to monitor company-funded research being undertaken on the Chinuka Process at the University of Cambridge, and noted optimistic titanium market outlook.
“The company continues to advance the Cerro Blanco project to a final feasibility study stage and, at the same time, advance research on the Chinuka Process. All of this is taking place at a time when the market and outlook for titanium feedstock prices remains buoyant,” Brian Flower, White Mountain’s executive chairman stated in the press release.
For more information visit www.wmtcorp.com
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