EPM Mining Ventures Responds to Southern Utah Wilderness Alliance's Petition For Immediate Stay

TORONTO, Nov. 7, 2011 /CNW/ - EPM Mining Ventures Inc. (TSXV: EPK) ("EPM") announced that on November 4, 2011, the Southern Utah Wilderness Alliance ("SUWA") filed a "Petition for Immediate Stay" with the Interior Board of Land Appeals ("IBLA") requesting a stay of "effectiveness" of the February 17, 2011 decision by the Bureau of Land Management ("BLM") to offer the dry lakebed of Sevier Lake, in Millard County, Utah, United States, for competitive leasing for potash development.

The Petition for Immediate Stay effectively seeks to halt EPM's commencement of exploration activities.  EPM has ten days to respond and intends to vigorously defend against SUWA's Petition and believes that SUWA's claims lack merit.  Lance D'Ambrosio, Chief Executive Officer, said "the BLM has conducted a thorough environmental review over the last three years, including public comment, and has permitted the project to move forward at every decision.  We believe that SUWA's latest intervention is a desperate and inappropriate attempt to circumvent the traditional process." 

Through the competitive lease sale, EPM acquired the federal potash leases covering approximately 95,172 acres (the "Sevier Lake Property").  In addition to acquiring the BLM leases, EPM is working to obtain BLM approval of its exploration and mining plans, necessary rights of way and water permits, and all other permits, licenses and approvals needed to explore and develop the potash resources.  On October 28, 2011, BLM issued the Sevier Dry Lake Exploratory Testing Environmental Assessment Decision Record and Finding of No Significant Impact, which authorizes certain ground disturbance associated with exploration drilling to allow EPM to conduct brine resource confirmation sampling, certain hydrologic investigations to establish baseline conditions prior to the extraction of brine, and a geotechnical study to support the development of a potash facility to be designed and permitted in the future.  As with the environmental assessment to support the competitive lease sale, the environmental assessment to support EPM's proposed exploration drilling program has included a robust evaluation of environmental impacts and project alternatives and mitigation measures to reduce impacts to surface and groundwater resources, wildlife, air quality, and public safety.  EPM expects the Department of Interior Office of the Regional Solicitor to forcefully defend BLM's decision to authorize exploration drilling. SUWA had previously appealed the BLM leasing decision and the parties await a decision on the merits from the IBLA. 

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.

Forward-Looking Information

This new release includes "forward-looking information" and "forward-looking statements" under applicable Canadian securities laws. These statements reflect current beliefs of management of the Company and are based on information currently available which may prove to be incorrect.  Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward-looking information is based on the opinions and estimates of management at the date the information is made, and is based on a number of assumptions and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of EPM to be materially different from those expressed or implied by such forward-looking information, including risks associated with the future business and development of the company and the actual terms of any agreement that would be entered into in respect of the transactions described in this press release. Although EPM has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. EPM does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

SOURCE EPM Mining Ventures Inc.

For further information:

Lance D'Ambrosio
Chief Executive Officer
(801) 485-0223

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EPM Mining Ventures Inc.

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