February 2004

Wold Trona Co., Inc (WTCI) controls a large trona (natural soda ash) resource in the Green River Basin, Wyoming. WTCI has been active for over ten years in process research to develop lower cost methods for mining and processing of trona to soda ash. It's recent work has been in solution mining of trona.

Currently, four operators in the Green River Basin supply 90% of the U.S. and 30% of the world's soda ash. The WTCI resource position is unique. It has over ten stacked beds of minable trona which are thick and high purity, giving WTCI the highest tonnage per acre reserve of the operators in the Basin. The WTCI resource position controls over 2.7 billion tons of minable trona.

These thick stacked beds are particularly amendable to horizontal well solution mining. The technology allows low-cost, efficient extraction of the trona without manned underground workings. WTCI's process reduces overall cost of soda ash production by about $20 per ton.

WTCI has engaged Agapito Associates of Grand Junction, CO., and Kvaener E&C of San Ramon, CA, world-recognized experts, to evaluate the WTCI holdings for a solution mine project. They have concluded that the WTCI resources are optimum for solution mining, providing significant cost advantages.

WTCI is currently seeking industry partners for a Pilot Plant and subsequent Commercial operation. This project promises to be the lowest cost producer of high quality soda ash in the world.

Wold Trona is controlled by John Wold. To see his biography, click here. Steve Morzenti is the Chief Operating Officer for Wold Trona. To see his biography, click here.