I have gotten mold in window frames of an indoor swimming pool room. Replacing the windows is expensive. I have some extra waterproofing substrate which is rated swimming pool waterproofing and outside use. The material can be painted and forms a thick coating (much thicker than regular paint). I am thinking of coating the window frames and put ceramic or stone tiles for nice surface inside and outdoors.. So I'm in effect encasing the old wood frame.
Are there any problems to above plan? What will happen to the mold? Will it stop due to lack of water and air?