VANCOUVER, British Columbia, Oct. 25, 2006 (PRIMEZONE) -- White Mountain Titanium Corporation (OTCBB:WMTM) is pleased to announce that the NASD has approved an application by the Company to list its common shares for trading on the OTC Bulletin Board, effective today.
The Company also announces commencement of a second drilling program for the year. This program is comprised of 2,800 metres of diamond drilling and is designed to further define existing resources as well as test new target areas. Initial results are expected in December.
White Mountain Titanium Corporation is advancing the Cerro Blanco rutile project, located in Region 3 of Chile near the port city of Huasco, towards a full engineering feasibility study. Details on the Company and its project are set out in recently completed, initial SEC filings on Forms SB-2 and 10-QSB, both of which are available for review on the EDGAR web site.
The OTC Bulletin Board has not reviewed or does not accept responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and, therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.