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May. 25, 2012 11:45AM PST
Platinum Group Metals Ltd. (TSX:PTM,NYSE:PLG) announced it has expanded its Waterberg platinum, palladium and gold discovery.
Platinum Group Metals Ltd. (TSX:PTM,NYSE:PLG) announced it has expanded its Waterberg platinum, palladium and gold discovery.
As quoted in the press release:
These results confirm the extraordinary results at Waterberg previously announced by the Company from November 2011 to early May 2012. The grade-thickness composition of the metals contained in the T and F zones, if confirmed as resources, are highly competitive when compared to conventional South African Platinum mines, where two layers of 1.0 to 1.5 meters of thickness are mined at grades of 2.5 to 6.0 grams per tonne of combined platinum, palladium, rhodium and gold.
Click here to read the Platinum Group Metals Ltd. (TSX:PTM) press release.
