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.

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Eastern Platinum Ltd.

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Post by vincentmtlon Apr 23, 2016 11:35pm

115 Views

Post# 24803351

My Discovery

ELR has another large amount of minerals: Chromium. This mineral is the key role for special steel like very hard steel and stainless steel. China and India imports large quantity of this kind of mineral from SA. I found news from ELR website, they have established facilities to process this mineral. So not only platinum, but Chromium! Chromium has very strong price.

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