Other News Releases in Banking & Financial Services
22nd Annual Help the Homeless Walkathon Takes Place on the National Mall
Financial Facts Reports on Widespread Consumer Mistrust as Credit Card Transactions Drop 27%
U.S. Court of Appeals Upholds AstraZeneca AWP Settlement
Journalists and Bloggers
Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.
View and download archived video content distributed by MultiVu on The Digital Center.
See more news releases in: Banking & Financial Services, OTC, SmallCap, Mining, Mining & Metals
White Mountain Reports Completion of Stage 2 Pilot Plant Test Work Program
SANTIAGO, Chile, Nov. 5 /PRNewswire-FirstCall/ -- White Mountain Titanium Corporation ("White Mountain" or the "Company") (OTC Bulletin Board: WMTM) reports that it has completed the Stage 2 pilot plant test work program on time and on budget. The program, which was carried out at SGS Lakefield ("SGS") in Ontario, Canada, was overseen by Company management and technical staff from the Santiago office of AMEC, the Company's principal engineering consultant. The primary objective of the test work was to produce a natural rutile, titanium dioxide concentrate which meets the chemical and particulate specifications of titanium pigment and metal producers.
The Stage 2 pilot plant test work program was conducted over a period of 10 days and was completed on October 30, 2009. The program consisted of a series of 9 hour trials culminating in a continuous 60 hour test run. Crushed bulk sample material with an average grade of 2.9% TiO2 was ground to a fineness of 100 mesh and conveyed to a gravity pre-concentration circuit at an average rate of 1.2 tonnes per hour. The gravity pre-concentration circuit rejected approximately 50% of non-mineralized material and the resultant mineralized material was slurried to the flotation circuit at an average rate of 650 Kg per hour. The process flow sheet and procedures employed are more particularly described in a news release issued by the Company on October 20, 2009.
SGS expect to complete a final report on the Stage 2 pilot plant test work by the end of November, at which time the Company will be in a position to make further announcements on the program results including final chemical and particle size analysis of the rutile concentrate, overall recovery and plant efficiency. Company management can, however, confirm that the Stage 2 pilot plant operated well and that previous process tests carried out by SGS at a bench scale were well reproduced at the pilot plant scale. Management can as well confirm that the process flow sheet circuit was very robust; there were no procedural or other issues which impeded the test work and approximately 3 tonnes of high grade rutile concentrate has been produced.
"Completion of the Stage 2 pilot plant test work program marks a significant milestone in advancing the Cerro Blanco project towards a final engineering feasibility," said Michael Kurtanjek, the Company's President and CEO. "Success at the pilot plant stage will remove considerable technical risk and uncertainty from the project. While we await the final report from SGS, our marketing team is arranging to supply potential buyers with samples of high grade rutile concentrate from the Stage 2 pilot plant test work program for evaluation in titanium pigment and sponge metal applications."
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) 2 657 1800
Brian Flower, Chairman
(604) 408-2333
SOURCE White Mountain Titanium Corporation













