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Working with Centro de Investigacion Minera y Metalurgica Tecnologia y Servicios ("CIMM"), Cytec Chile Limitada ("Cytec") and AMEC-Cade -- all of Santiago, Chile -- the Company has completed the gravity pre-concentration step of the Stage 1 program and has moved on to the next step, flotation. Gravity pre-concentration allows for the rejection of feedstock that is not titanium rich. By introducing this step at the start of the process flow sheet, lower volumes of higher grade feedstock pass to the flotation step resulting in an increase in plant efficiencies.
For the Stage 1 pilot plant program, a 500 kilogram sub-sample of mineralized rock representative of and sourced from a large bulk sample of the Cerro Blanco Las Carolinas deposit was crushed, ground and treated in a gravity pre-concentration circuit by CIMM at their pilot plant facility. The pre-concentration circuit was constructed using gravity tabling techniques and recommendations from previous SGS Lakefield test work. The grade of the gravity pre-concentrate produced at CIMM was over 8% TiO2 and approximately 200 kilograms of this high grade feedstock have been delivered to Cytec's laboratory facility for the flotation step.
Cytec are investigating 15 different flotation reagents and collectors relevant to TiO2 mineral processing in order to optimize process recovery and concentrate grade. As well as determining the optimum conditioning, collector and pH (acidity) levels, these investigations are also considering the use of both fresh process water and sea water as the preferred aqueous medium. The possible use of sea water was proposed by SGS Lakefield and its success could have a beneficial impact on both the capital and operating costs of the Cerro Blanco project. Results from the Cytec investigations are expected within a few weeks.
"The Cerro Blanco project continues to gather pace and move forward with purpose" said Michael Kurtanjek, the Company's President and CEO. "In this economic climate which is challenging all industry sectors, we are continuing to advance the Cerro Blanco project towards final feasibility. We are very pleased with the results of the gravity pre-concentration step of the Stage 1 pilot program and look forward to receiving the results of the flotation step, particularly the possible use of sea water as the aqueous medium. At a time when most other metallic commodities have experienced a sharp deterioration in price, US Geological Survey publications indicate that the price for high grade rutile used in the chloride pigment process have remained firm."
About White Mountain Titanium Corporation
The Company holds mining concessions on the Cerro Blanco property currently consisting of 33 registered mining exploitation concessions and five mining exploration concessions in the process of being constituted, over approximately 8,225 hectares located approximately 39 kilometres west of the City of Vallenar in the Atacama, or Region III, geographic region of northern Chile. The Company's principal objectives are to advance the Cerro Blanco project towards a final engineering feasibility, and to secure off-take contracts for the planned rutile concentrate output. It would be the intention to sell the rutile concentrate to paint and pigment producers. Work also continues to investigate the commercial viability of producing a feldspar co-product. The feldspar could find applications in the glass and ceramics industries.
The OTC BB has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and, therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We may use certain terms in our press releases and on our website, such as 'reserves,' 'resources,' 'geologic resources,' 'proven,' 'probable,' 'measured,' 'indicated,' and 'inferred,' that the SEC guidelines strictly prohibit us from including in our filings with the SEC. U.S. investors are urged to consider closely the disclosure in our annual report on Form 10K for the year ended December 31, 2007, File No. 333-129347, and in subsequent filings with the SEC. You can review and obtain copies of our filings from the SEC's website at http://www.sec.gov/edgar.shtml
Contact: White Mountain Titanium Corporation Michael Kurtanjek, President (56) 2 231-5780 Brian Flower, Chairman (604) 408-2333
SOURCE White Mountain Titanium Corporation
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