EPM Mining Announces Important Environmental Impact Statement Milestone for Its Sevier Lake Playa Sulphate of Potash Project
March 12, 2014 (Source: Marketwired) — EPM Mining Ventures Inc. (TSX VENTURE:EPK)(OTCQX:EPKMF) (“EPM” or the “Company”) announced today that the Bureau of Land Management (“BLM”) Utah Fillmore Field Office published in the Federal Register its intent to prepare an Environmental Impact Statement (the “EIS”) for the Company’s Sevier Lake Playa Sulphate of Potash Project located in southwestern Utah.
“The Federal Register announcement is the official start of BLM’s EIS process,” said Lance D’Ambrosio, Chief Executive Officer of EPM. “This is a major milestone for our project and represents the culmination of much time and effort. We anticipate a smooth and timely EIS process and look forward to working with the community and all other stakeholders.”
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During the initial public scoping period, which begins with the Federal Register announcement, the BLM will seek input to determine relevant issues that will guide the process for developing the EIS and influence the scope of the analysis, including potential alternatives. An approved EIS Record of Decision (“ROD”) allows for final approval of the BLM Mining Plan. Construction of EPM’s project can commence once there is an approved EIS ROD and an approved Mining Plan.
About EPM Mining Ventures
EPM Mining Ventures Inc. is an exploration-stage company focused on specialty fertilizers. Through Peak Minerals Inc., its indirect wholly-owned subsidiary, EPM controls directly or through agreement mineral leases on more than 124,000 acres on its Sevier Lake Playa property in Millard County, Utah. With a brine resource known to contain potassium, magnesium, sulphate, lithium and a suite of other beneficial minerals, EPM is targeting the development and production of specialty fertilizers, including Sulphate of Potash (SOP), through the use of a cost-effective solar evaporation process. SOP and other specialty fertilizers are used in the production of high value, chloride-sensitive crops such as fruits, vegetables, and tree nuts. With the recent completion of a Preliminary Feasibility Study, the Company is currently engaged in engineering and analysis designed to support a feasibility study, environmental permitting, and ultimately mineral production.
For more information, please visit our web site at www.epmmining.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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