White Mountain Titanium Corporation reports that it has successfully completed flotation test work to recover feldspar from natural rutile (titanium dioxide) flotation tailings. The test work program was carried out at SGS Lakefield (“SGS”) in Ontario, Canada. The aim of the program was to produce a low iron, feldspar concentrate from waste stream tailings acceptable for possible use...
White Mountain Titanium Corporation reports that it has completed a private placement financing and raised $2.13 million. The Company issued 2.84 million common shares at a price of $0.75 per share. Third party advisory fees related to the financing total $131,946. The Company will use the funds for general treasury purposes, as well as advancing the Pilot Plant program at its Cerro Blanco titanium...
White Mountain Titanium Corporation reports that a first phase drill program at the Eli prospect, which commenced in the late spring, has now been completed. Eli, one of four rutile prospects which currently constitute the Cerro Blanco project, is situated approximately 3 kilometers southwest of the main Las Carolinas prospect. The drill program, which was comprised of 32 diamond drill holes totalling...