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Platinum Group Metals Ltd. (Canada) T.PTM

Alternate Symbol(s):  PLG

Platinum Group Metals Ltd. is the operator of the Waterberg Project, a bulk underground PGM deposit located in South Africa. Platinum Group is listed on the NYSE American Exchange (PLG) and the Toronto Stock Exchange (PTM). Waterberg was discovered by Platinum Group and is being jointly developed with Implats, the Japan Oil Gas and Metals National Corporation (JOGMEC) and Hanwa Co. Ltd. Waterberg has the potential to be a large-scale, low-cost producer of palladium, platinum, rhodium and gold.


TSX:PTM - Post by User

Post by Bigseeon Feb 11, 2015 2:25pm
191 Views
Post# 23419100

Mining Indaba -- Interview with Michael Jones

Mining Indaba -- Interview with Michael JonesIf your in need of some moral support to get you you through these low PPS doldrums weeks, check out Michael Jones' interview with Alec Hogg at the Mining Indaba, today.

"Waterberg platinum strike: CEO reckons PGM has discovered world’s #2 deposit"

At Biznews

The second (audio only) interview in more in depth, about 10 minutes long.

Excerpt:
"We see a 20+-year resource above the 1000 [meter] level and that’s what we’d like to do. Going to the North, we have not found the end of the deposit. We stepped out 1.5kms. We hit the deposit again, and I’m literally watching my cellphone for the next 1.5kms step-out, which is just about the target depth. We see a whole limb of the Bushveld complex now. The Bushveld rocks are heavy, so they show up quite well, on gravity. We’ve flown an airborne gravity system over about 1000km2 area, and we see this limb going for more than 25kms. It really is something very significant."


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