White Mountain Titanium Corporation reported that the earthquake in Chile last week did not affect its Cerro Blanco project.
The earthquake epicenter that reached an 8.3-magnitude, 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.
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 kilometers 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.
