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    market news

    PTM’s Waterberg Project Validates Stability of Platinum Resource

    Investing News Network
    Dec. 13, 2012 05:18PM PST
    Precious Metals

    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.

    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.”

    Click here to read the full Mining Weekly report.

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