Platinum Group Metals Reports Second Quarter Results

Platinum Group Metals Ltd.(TSX:PTM,NYSE:PLG) reported the financial results for the six months ending February 29, 2012.

As quoted in the press release:

In September 2011 a box cut excavation at the WBJV Project 1 Platinum Mine (“Project 1″) in South Africa was completed and underground development commenced shortly thereafter. Development of a twin barrel decline system into the central portion of the Project 1 deposit is now well underway. Site establishment and Phase 1 infrastructure were also completed during the reporting period. On site safety performance to date has been very good with only one minor lost time injury to report in over 500,000 man-hours worked to date.

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