TORONTO, Jan. 14, 2013 /CNW/ - EPM Mining Ventures Inc. (TSXV: EPK -
OTCQX: EPMMF) ("EPM" or the "Company") today announced the signing of a
contract with Parthenon Group LLC ("Parthenon") to produce a Market
Assessment and Strategy Study ("Study") for use in the feasibility
studies currently being prepared by CH2M HILL ("CH2") and Agapito
Associates, Inc. ("AAI"), for production of sulfate of potash ("SOP")
from the Company's Sevier Dry Lake Potash project located in
southwestern Utah. Parthenon has consulted many leading companies in a
variety of sectors including the chemicals, aggregates, sulfate of
potash, and salt markets.
Lance D'Ambrosio, Chief Executive Officer of EPM, said; "We are very
pleased to add Parthenon to our feasibility study team and know they
will contribute greatly to the studies. They have done terrific work in
the global soda ash market and come highly recommended to us by Tata
Chemicals. Parthenon's knowledge and expertise in fertilizer and
chemicals' distribution and marketing will provide the Company with an
even greater level of research and understanding as we progress into
the development and operational stages."
The Parthenon Group is a leading advisory firm focused on strategy
consulting with offices in Boston, London, Mumbai, San Francisco, and
Shanghai. Since its inception in 1991, the firm has embraced a unique
approach to strategic advisory services built on long-term client
relationships, a willingness to share risk, an entrepreneurial spirit,
and customized insights. This unique approach has established the firm
as the strategic advisor of choice for CEOs and business leaders of
Global 1000 corporations, high-potential growth companies, private
equity firms, educational institutions, and healthcare organizations.
Through both primary and secondary research, Parthenon will focus on
market structure analysis, supply and demand capacity and pricing
trends, economic forecasting and modeling, and developing a framework
for domestic and international distribution strategies for sulfate of
potash and potential ancillary minerals. Parthenon has vast experience
evaluating the competitive landscape of the minerals and industrials
markets having completed numerous engagements in these areas.
About EPM Mining Ventures
EPM, through its wholly owned subsidiary Peak Minerals Inc., controls
directly or through agreement, mineral leases on more than 124,000
acres on the Sevier Dry Lake property in Millard County, Utah. EPM is
targeting the future development and production of Sulfate of Potash
(SOP), a premium priced fertilizer used with special crops and soil
types, through a cost-effective solar evaporation methodology.
For more information on the Company, please visit our web site at www.epmmining.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: EPM Mining Ventures Inc.
