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PTM’s Waterberg Project Validates Stability of Platinum Resource
Dec. 13, 2012 05:18PM PST
Precious MetalsMining Weekly reported that Platinum Group Metals (NYSEAMEX:PLG) has declared that the 15 new drill intercepts at its Waterberg project confirms the continuity of platinum supply.
Mining Weekly reported that Platinum Group Metals (NYSEAMEX:PLG) has declared that the 15 new drill intercepts at its Waterberg project confirms the continuity of platinum supply.
As quoted in the market news:
“The company believes that the Waterberg tenement has good exploration potential, owing to the discovery of multiple intercepts of consistently high-grade thick reef at depths of less than 1 000 m in the newly discovered area of the Bushveld Complex.
The northern limb has seen an increase in exploration and investment in the last several years as a result of increased thickness, which is aligned with a mechanised mining approach.
“Waterberg continues to impress our technical team in terms of grade, thickness, continuity, shallow depths and the scale of the opportunity,” adds Jones.”