May 21 2014
EPM Mining Ventures Inc. ("EPM" or the "Company") is pleased to announce that the Utah Division of Air Quality ("UDAQ") has approved a Minor Source Air Permit application for its Sevier Lake Playa Sulphate of Potash ("SOP") Project located in southwestern Utah (the "Project").
"The decision by UDAQ to grant the Minor Source Permit is very gratifying and another important step forward in the permitting process," said Lance D'Ambrosio, Chief Executive Officer of EPM. "Once we have our final permits, this will allow us to perform on-playa earthwork and civil engineering. Additionally, we continue monitoring for our Major Source Permit, which is required for construction of our processing facility, and look forward to receiving that at the appropriate time."
In cooperation with UDAQ, EPM has been pursuing a "dual permit approach" to air quality management. The Minor Source Permit application was submitted to UDAQ in October 2013 and, in July 2013, EPM began on-site monitoring for the Prevention of Significant Deterioration or the Major Source Permit. The Minor Source Permit will allow civil construction on the playa while the Major Source Permit will allow construction and operation of the processing plant once other necessary permits have been received.
For more information, please review the technical reports available on EPM's SEDAR profile page at www.sedar.com as well as on EPM's website.
About EPM Mining Ventures
EPM 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 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.