EPM Mining Ventures Inc. announces agreement with Parthenon Group
LLC to produce market assessment and strategy study
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.