Standard Metals Processing, Inc. in Compliance After Tonopah Property Inspection

TONOPAH, Nev., Nov. 18, 2014 /PRNewswire/ -- Standard Metals Processing, Inc. (OTCQB:SMPR) (the "Company") and Tonopah Custom Processing, Inc. ("TCP") (a subsidiary of Tonopah Milling and Metals Group, Inc., a subsidiary of the Company) announced today that the Nevada Department of Environmental Protection ("NDEP") Bureau of Mines and Mining Reclamation conducted a site inspection of our Tonopah property in Esmeralda County, Nevada (the "Tonopah Property").

TCP has filed a Water Pollution Control ("WPC") permit application with NDEP for the approval of the permits necessary for a small-scale mineral processing facility planned for the Tonopah Property.

The site inspection was to ensure our compliance with NDEP's order to not initiate construction of the processing facility until our permits are received.

By letter dated November 6, 2014 and received by us November 15, 2014, NDEP stated that since we have not constructed the processing facility, there were no issues encountered with the inspection and we are urged to continue working to get the WPC permit on track for issuance.

Sharon Ullman, CEO of the Company stated, "I am glad that NDEP recognizes us as a good corporate citizen and in compliance with the rules and policies of NDEP as we continue the permitting application process."

About Standard Metals Processing, Inc.

Standard Metals Processing, Inc. is being developed as the only comprehensive custom toll milling operation in Nevada that is designed to provide entrepreneurial – mid-mines with four different independent process circuits under one roof in order to produce the greatest yields available through the extraction of precious, strategic minerals from mined material.

Forward-Looking Statement

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. All forward-looking statements involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements, as described in our reports filed with the Securities and Exchange Commission which are available for review at www.sec.gov, to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE Standard Metals Processing, Inc.

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