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Eastern Platinum Ltd. T.ELR

Alternate Symbol(s):  ELRFF

Eastern Platinum Limited owns directly and indirectly a number of platinum group metals (PGM) and chrome assets in the Republic of South Africa. All of the Company’s properties are situated on the western limb (Crocodile River Mine) and eastern limb (Kennedy’s Vale, Spitzkop, Mareesburg) of the Bushveld Complex, the geological environment that hosts approximately 80% of the world’s PGM-bearing ore. Operations at the Crocodile River Mine include re-mining and processing its tailings resource from the Barplats Zandfontein tailings dam and mining and processing ore from the Zandfontein underground section to both produce PGM and chrome concentrates. The Kennedy’s Vale and Spitzkop Project are situated on the Eastern limb of the Bushveld Complex 350 kilometers (km) northeast of Johannesburg. Mareesburg is an open-cut PGM project on a 2,129- hectares area in the southern part of the eastern limb of the Bushveld Complex, in the Limpopo Province of South Africa.


TSX:ELR - Post by User

Bullboard Posts
Post by u308goldon Nov 02, 2011 10:25am
353 Views
Post# 19201615

News.....

News.....
Kirrin Resources Bottom Brook REE Project Awarded $100,000 Grant by Government of Newfoundland and Labrador
Last Update: 11/2/2011 8:31:39 AM

CALGARY, ALBERTA, Nov 02, 2011 (MARKETWIRE via COMTEX) -- Kirrin Resources Inc. (KYM) today announced that it has been advised by the Department of Natural Resources of the Province of Newfoundland and Labrador that Kirrin's application for Junior Exploration Assistance under the Mineral Incentive Program has been successful. The grant of $100,000 will be used for the drilling program at the Bottom Brook project scheduled to commence shortly.

Kirrin President and CEO Derek Moran commented: "The Junior Exploration Assistance program is just one example of the encouragement we have received since we commenced exploration in the Province of Newfoundland and Labrador. Its Department of Natural Resources has been of considerable support to Kirrin, displaying both pragmatism and commercial understanding."

Kirrin also announced that it expects the private placement announced on October 20, 2011 to close on or about November 23, 2011.

Additional information

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