White Mountain not materially affected by recent earthquake in Chile

SANTIAGO, Chile, Sept. 17, 2015 /PRNewswire/ -- White Mountain Titanium Corporation ("White Mountain" or the "Company") (OTCQB Markets: WMTM) is pleased to report that yesterday's earthquake in Chile has not affected its Cerro Blanco project. The earthquake epicenter was located approximately 300 kilometers due South from the Company's project site in Region III of northern Chile. All in country Company personnel have been accounted for and there has been no material effect on the project.    

About White Mountain Titanium Corporation

The Company holds mining concessions on the Cerro Blanco property currently consisting of 41 registered mining exploitation concessions and 34 mining exploration concessions in the process of being constituted, over approximately 17,041 hectares located approximately 39 kilometres west of the City of Vallenar in the Atacama, or Region III, geographic region of northern Chile. In May 2015, the Company received full environmental approval for its Cerro Blanco project.  The Company's principal objectives are to develop its desalination plant and to advance the Cerro Blanco project towards a bankable engineering study and secure funding or other arrangements to place the project into production, if ultimately warranted. 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.

Forward-Looking Statements

OTC Markets 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, 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.  See the Company's periodic and other reports filed with the Securities and Exchange Commission and available on the Commission's website at www.sec.gov.

SOURCE White Mountain Titanium Corporation

Related Links

http://www.wmtcorp.com