May 21 2010
White Mountain Titanium Corporation ("White Mountain" or the "Company") (OTC Bulletin Board: WMTM) reports that, following completion of its successful Pilot Plant program, in excess of 150 Kg of high grade, natural rutile concentrate samples have been dispatched to potential customers in North America, Asia and Europe for testing.
The samples were wet screened and comprised of three grades: Standard Grade (plus 75 microns), Welding Rod Grade (53 to 75 microns) and Fine Grade (less than 53 microns.) The TiO2 content for all grades was in excess of 96.4%, with CaO levels conforming to standard limits for chloride grade concentrates. In addition to pigment, Fine Grade rutile is being evaluated for titanium metal applications.
The Company expects to receive comments from potential customers during the current quarter.
"Following on from our Pilot Plant work, it is important now to let potential customers test our range of high grade, natural rutile concentrates," said Michael Kurtanjek, the Company's President and CEO. "At a time of growing tightness in the chloride grade, TiO2 concentrate market, I remain optimistic that Cerro Blanco concentrates will be well received by potential customers. Chloride grade, TiO2 concentrate prices have risen considerably over the past 18 months and many market commentators are forecasting further price appreciation from current levels. Market conditions bode well for our Project."
Source: http://www.wmtcorp.com/