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White Mountn Titanm (WMTM)

White Mountn Titanm (WMTM)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
White Mountain Titanium Corp was incorporated in the State of Nevada on April 24, 1998. The Company explores for and develops natural rutile deposits. It is engaged in its Cerro Blanco mining concessions. It has identified nine natural rutile prospects designated as the Las Carolinas, La Cantera, Eli, Chascones, Hororio's Creek, Hippo Ear, Quartz Creek, Algodon and Bono prospects. The Company holds 44 registered mining exploitation concessions and 36 exploration concessions over an area of approximately 17,041 hectares. It also holds its Chilean mining concessions for its La Martina project. La Martina consists of 6 registered exploration concessions, covering an area of 1,288 hectares. In addition, Company is also conducting research into the recovery of feldspar and the production of refined titanium metal from materials sourced from these mining concessions. The Company competes with a number of existing titanium dioxide concentrate producers, including Iluka Resources Inc., Richards Bay Iron and Titanium Pty. Ltd., QIT-Fer et Titane Inc., and Sierra Rutile Limited as well as other projects proposed for development.
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