Flatreef Discovery Grows Platinum Resources

Ivanplats (TSX:IVP) executive chairman, Robert Friedland, announced that a drilling program that took place between 2011 and 2012 at the company’s Flatreef Discovery, which is situated in Bushveld Complex in South Africa, expanded its precious metal resources, including platinum.

As quoted in the press release:

Flatreef’s Indicated Mineral Resources now total 223 million tonnes grading 4.1 grams per tonne (g/t) 4PE (platinum, palladium, gold and rhodium), 0.34% nickel and 0.16% copper, at a 2.0 g/t 4PE cut-off grade and at a cumulative, average true thickness of 24.3 metres. The Indicated resources contain an estimated 29.2 million ounces of platinum, palladium, gold and rhodium, 1.7 billion pounds of nickel and 800 million pounds of copper.

Click here to read the full Ivanplats (TSX:IVP) press release.

Get the Latest Platinum Investing Stock Information

Get the latest information about companies associated with Platinum Investing delivered directly to your inbox.

Agriculture
+ see more
Copper
+ see more
Gold Bullion
Gold Production/Mining
+ see more
Gold Project Generators
Gold Prospecting and Exploration
+ see more
Gold Resource Definition/Pre Feasibility
Gold Resource Expansion/Feasibility Study/PEA
Graphite Production/Mining
Graphite Prospecting and Exploration
Graphite Resource Definition/Pre Feasibility
Graphite Resource Expansion/Feasibility Study/PEA
Molybdenum
Silver $0-15m
Silver $15-50m
Other Companies
+ see more

Select All Select None

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Comments

Leave a Reply