Articles Tagged "platinum group metals"

New Inferred Resource Estimate for Platinum Group Metals’ Waterberg Totals 17.5 Million Ounces

Platinum Group Metals Ltd. (TSX:PTM,NYSEMKT:PLG) provided an updated independent inferred resource estimate for its Waterberg joint venture, noting that the new estimate is 167 million tonnes grading 3.26 grams per tonne of platinum, palladium and gold for a total of 17.5 million ounces. It also includes "significant" copper and nickel credits.

Platinum Group Metals Announces Q2 2013 Reports

Platinum Group Metals Ltd (TSX:PTM, NYSE MKT:PLG) has released its financial and operating results for the 2nd quarter ending February 28, 2013. The report shows the company’s cash as of the said date at $186.82 million, and it obtained credit approval for a $260million loan facility on December 6, as well as closed a $180 million financing on January 4.

PTM Reports New Intercepts at Waterberg Project

Platinum Group Metals (TSX:PTM, NYSE MKT:PLG) announced that their project team has intercepted a mineralized layer along two section lines east and up-dip of the Waterberg project. Tests will be conducted on these layers and if confirmed to be the F mineralization, it would expand the northern section line on the deposit by about 750 meters with a depth of 280 meters.