PTM Plans Expansion of Mineral Resource at Waterberg Property

Mining Weekly reported that Platinum Group Metals (PTM) announced the expansion of its resource estimate for palladium and other metals at the Waterberg joint venture property, situated in South Africa’s Bushveld Igneous Complex.

As quoted in the market news:

The total resource currently contains 10.12-million ounces 3E in 92.93-million tons, with the shallowest part of the deposit in the T-zone at 124 m deep and the deposit cut-off at 1 000 m deep as a preliminary economic cut-off. The updated inferred mineral resource estimate covers the first 2.8 km of T-zone and 5.4 km of F-zone strike length.

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