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UPDATE: EPM Mining Strikes Deal to Produce Preliminary Feasibility Study; Stocks Rise 1% to Day Highs

EPM Mining Ventures Inc. (EPK.V) has signed a contract with CH2M HILL and Agapito Associates, Inc. to produce a Preliminary Feasibility Study ( PFS ) for the production of Sulfate of Potash from its Sevier Dry Lake Potash project located in southwestern Utah.

The estimated completion date of the PFS will be mid-2013 and will serve as an important milestone leading to the company's definitive feasibility study anticipated to be completed by late 2013.

EPK went up by 1% to 40 cents, hitting day highs. Volume traded is about 8,000.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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