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EPM Mining Ventures Inc. (TSXV:EPK,OTCQX:EPKMF) announced that the Utah State Engineer has approved all water rights applications for the company’s Sevier Lake Playa Sulphate of Potash Project in southwestern Utah.
According to the company’s press release:
The five water rights applications approved by the Utah State Engineer grant sufficient brine as well as fresh water for the Sevier Playa Project to operate at its projected production capacity of 300,000 metric tonnes of SOP per year. The State Engineer considered the filings as “distinct and separate” from other water rights applications in the subject area and imposed no restrictions beyond those presented by the Company in its applications.
Lance D’Ambrosio, EPM’s CEO commented:
“We are very pleased with the Utah State Engineer’s decision to approve all applications for our project. These water rights represent the culmination of a multi-year effort, mark a significant milestone that substantially de-risks the project, and most importantly, provide us with all the water specified in our preliminary feasibility study filed last November. I want to personally thank everyone at the State Engineer’s office and the entire EPM team for their contributions and to commend both groups for their professionalism. We look forward to completing the remaining permits so we can start building our specialty fertilizer project.