11:59 AM EST - EPM Mining Ventures Inc. : announced the results of a Preliminary Feasibility Study for the production of Sulphate of Potash from its Sevier Lake Playa Sulfate of Potash Project located in southwestern Utah. The PFS forecasts average annual SOP production of 300,000 metric tonnes (t) with an estimated Net Present Value of $629 million (after tax, inflated, 8% discount rate) and an estimated Internal Rate of Return of 20% (after tax, inflated). The PFS includes an updated Mineral Resource Estimate, which estimate includes 31.486 million tonnes of SOP in the Measured and Indicated categories, a 7% increase from previously published estimates, due primarily to results of recent drilling. EPM Mining Ventures Inc.
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