Platinum Group Metals Announces the Opening of Waterberg III Extension Target

Platinum Group Metals Ltd. (TSX:PTM,NYSEMKT:PLG) confirmed the extension of the F Zone, located 1.9 kilometers north of the known Waterberg deposit, through a new high-grade intercept.

As quoted in the press release:

Platinum Group Metals Ltd. (TSE: PTM, NYSE MKT: PLG) announces that a new high grade intercept, received today, has confirmed the extension of the F Zone, 1.9 kilometers north of the known Waterberg deposit.

Hole WE 046 D1 on the Waterberg Extension property has returned assays of 6.03 g/t 3E over 4.52 meters (4.15 g/t palladium, 1.46 g/t platinum and 0.42 g/t gold ) from 1484.48 to 1489.00 meters. This step-out intercept is very significant because it establishes the open potential along strike on the Waterberg Extension property where Platinum Group Metals holds an effective 87% interest.

Click here to read the full Platinum Group Metals Ltd. (TSX:PTM,NYSEMKT:PLG) press release.