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Platinum Group Metals Ltd. (TSX:PTM,NYSE:PLG) announced it has expanded its Waterberg discovery significantly with further drilling in South Africa.
Platinum Group Metals Ltd. (TSX:PTM,NYSE:PLG) announced it has expanded its Waterberg discovery significantly with further drilling in South Africa.
As quoted in the press release:
Step-out drilling has confirmed thick, consistent mineralized zones for a minimum of 1.2 kilometres of apparent strike length and a horizontal distance of 1.43 kilometers along a 20 degree dip. Additional thick reefs or mineralized layers have also been identified in vertical section and all zones remain open for expansion, deeper, shallower and along strike. Drilling is continuing with 8 rigs on a 250 meter by 250 meter grid with some larger scale step out intercepts planned. Additional assays are expected shortly.
Click here to read the Platinum Group Metals Ltd. (TSX:PTM) press release.