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As detailed in a news release dated May 12, the Company reported that working on a 250 kg bulk sample representative of the Las Carolinas deposit, SGS produced a high grade rutile concentrate assaying 97.2% TiO2 at an overall recovery of over 90%. Of note, SGS was able to reproduce the grade and recovery results using both potable and sea water as the flotation medium.
Under the newly agreed scope of work, SGS will use tailings derived from rutile flotation as the feed source for a feldspar recovery circuit. Operating procedures including the choice of flotation reagents and variations in pH conditions will be investigated as well as a comparison of feldspar recovery using both potable and sea water as the flotation medium. The work program will also include a full locked cycle test to determine metallurgical parameters for design engineering purposes. Results from this program are expected by the end of June.
"As we move closer to feasibility, it is important to assess the feldspar potential," said Michael Kurtanjek, the Company's President and CEO. "If we are able to successfully produce a commercial grade, bulk feldspar concentrate from tailings, we could potentially significantly reduce the amount of process waste and at the same time enhance the project's economics. Feldspar is an important component of the glass and ceramics industry and the Cerro Blanco project has the capability of producing in excess of 750,000 tonnes of bulk feldspar concentrate per year. As with natural rutile, feldspar concentrate prices have exhibited a steady growth in demand and price stability."
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 titanium metal 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, 2008, 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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