Platinum Group Metals (NYSE American: PLG) (TSX: PTM) released its updated Definitive Feasibility Study (“DFS”) for the Waterberg Project, underscoring its scale and economic strength. “The newest DFS updates the original 2019 Waterberg DFS and was prepared by leading engineering firms Stantec and DRA, with South Africa based Fraser McGill providing project management oversight,” reads a recent article. “Among its headline outcomes, the updated study revealed a 20% increase in proven and probable mineral reserves, totaling 23.41 million ounces of combined platinum, palladium, rhodium and gold (‘4E’) across a 54-year mine life. The report also incorporated enhancements that lowered both capital and operating costs, streamlining the construction and ramp-up schedule.”
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About Platinum Group Metals Ltd.
Platinum Group Metals is the operator of the Waterberg Project, a bulk underground palladium and platinum deposit located in South Africa. The Waterberg Project was discovered by Platinum Group and is being jointly developed with Implats, Mnombo and HJM. For more information about the company, visit www.PlatinumGroupMetals.net.
NOTE TO INVESTORS: The latest news and updates relating to PLG are available in the company’s newsroom at https://ibn.fm/PLG
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