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    Platinum Group Metals Doubles Strike Zone

    Investing News Network
    Nov. 05, 2012 10:06AM PST
    Precious Metals

    Platinum Group Metals Ltd. (TSX:PTM,NYSE:PLG) it has doubled the strike length of its Waterberg platinum group metals discovery.

    Platinum Group Metals Ltd. (TSX:PTM,NYSE:PLG) it has doubled the strike length of its Waterberg platinum group metals discovery.

    As quoted in the press release:

    Results announced today include 24.00 meters grading 4.32 g/t 2E +Au within a larger intercept of 58.00 meters of 2.98 g/t 2E+Au (Hole WB027). Results also include 11.5 meters grading 7.18 g/t 2E + Au (Hole WB031) and 8.5 meters of 4.8 g/t (WB-034). These new F layer intercepts are located on strike to the north of the area where the previously announced 6.6 million ounce inferred mineral resource estimate has been identified. The grade-thickness on the F layers is increasing as exploration progresses to the north.

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

    platinum group metalstsx:ptmnyse:plg
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