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October 2, 2013 - Today the Company made available a new report by GHA Water Inc. finding that the Cadiz Valley Water Conservation, Recovery and Storage Project (Cadiz Project) offers $648 million in additional benefits to the Southern California water system, if the Project qualifies as Intentionally Created Surplus (ICS) under Colorado River supply management guidelines adopted in 2007 by the US Bureau of Reclamation (Reclamation).

http://www.flashreport.org/blog/2013/09/30/buried-treasure-in-the-mojave-water/ Flashreport.org, guest post by Laer Pearce Sep 30, 2013 One would think that if a huge underground lake existed less than 100 miles from Southern California water users who live continually on the edge of a water supply crisis, there would be a rush to get that water into Southern California's water system. One would also think, since this is California, that an extraordinarily challenging level of environmental review would be required before a single drop of that water could head toward users, and that a round of lawsuits would challenge the environmental review's conclusions.

Cadiz Southeastern Railway to operate one of the longest steam train routes in the U.S. as tourist attraction in California’s Mojave Desert CADIZ, CA – Today Cadiz Inc. [NASDAQ:CDZI] (“Cadiz”, the “Company”) is pleased to announce that it has entered into a new trackage rights agreement (“Agreement”) with the Arizona & California Railroad Company (“ARZC”) that will facilitate the development of regularly scheduled steam train excursions through the celebrated Mojave Desert between Cadiz, California and Parker, Arizona, which would be one of the longest steam train excursion routes in the United States.   The proposed new steam train operation, named the Cadiz Southeastern Railway (“CSER”), will be powered by water made available from the Cadiz Valley Water Conservation, Recovery & Storage Project (“Cadiz Water Project”) and, following the completion of additional permitting, will also feature a new museum and cultural center at the Cadiz Ranch property dedicated to the promotion of local desert and railroad history.

Today, a long-awaited draft maximum contaminant level (MCL) for Chromium-6 was proposed by the California Department of Public Health at 10 (ten) parts per billion (ppb). Chromium-6 is a groundwater constituent found in over 30% of groundwater basins in California, including Riverside County’s Coachella Valley and various basins in Los Angeles, San Bernardino, Solano, Santa Barbara, San Mateo, Santa Cruz and Yolo Counties. For example, affected cities include Glendale, Burbank, North Hollywood, Pomona, Monterey, Chino, Joshua Basin, Phelan, Twentynine Palms, Solano, Daly City, Santa Ynez, Soquel Creek, Davis, Woodland, and parts of San Francisco.   It also naturally occurs in the Cadiz Valley aquifer system at levels consistent with the proposed MCL.

The Cadiz Project, which will serve the water needs of 100,000 Southern California families and generate 5,900 jobs, has been fully reviewed and approved under the California Environmental Quality Act, the most stringent environmental law in America. The Project includes strong monitoring and enforcement to ensure that it is safe and sustainable and offers many local benefits, including significant investment in the local economy and certainty that water will be available for Southern California.