White Mountain Titanium Corp. reported that its geological and in-house engineering teams have prepared two detailed drill programs for the Cerro Blanco project totaling approximately 9,200 metres. A 5,200 metre in-fill and step out drill program has been prepared for the Las Carolinas and La Cantera prospects with the objective of expanding the overall project resource base and increasing resources falling within a measured and indicated classification.

In addition, a 4,000 metre exploratory drill program has been prepared to follow up on high grade surface sampling and trenching results at four newly identified prospects - Hippo Ear, Algadon, Quartz Creek and Honorio's Creek - as well as the previously known but undrilled Chascones prospect. All seven prospects are located within the northern portion of the Cerro Blanco project, along a strike length of approximately 4 kilometres. Drilling is expected to commence on the Las Carolinas and La Cantera prospects in early January with both drill programs expected to be completed by the end of May, 2013.

Results from these programs will be input into a proposed engineering feasibility study, portions of which are currently being drafted. One portion, the environmental impact statement (EIS), is substantially completed in order to meet Chilean legal requirements. The company holds mining concessions on the Cerro Blanco property currently consisting of 33 registered mining exploitation concessions and five mining exploration concessions in the process of being constituted, over approximately 8,225 hectares located approximately 39 kilometres west of the City of Vallenar in the Atacama, or Region III, geographic region of northern Chile.

The company's principal objectives are to advance the Cerro Blanco project towards a final engineering feasibility, to secure off-take contracts for the planned potential rutile concentrate output, and to secure funding or other arrangements to place the project into production, if warranted.