Further Drilling Results for Rooderand
2010年3月23日 - 4:00PM
ＲＮＳを含む英国規制内ニュース （英語）
TIDMPLAA
RNS Number : 9988I
Platinum Australia Limited
23 March 2010
AIM Release
23 March 2010
FURTHER DRILLING RESULTS FOR THE ROODERAND PLATINUM PROJECT
Platinum Australia Limited (ASX: PLA) (AIM:PLAA) is pleased to release the
latest results from the resource definition drilling program on the Rooderand
Platinum Project. Results to date have intersected the Merensky and UG2 reef
packages as well as the Lower and Upper Psuedo reef and Tarentaal over a strike
length of almost 1,500 metres. The reefs have been intersected at depths from 10
metres to 225 metres down hole.
Results for the UG2 (including UG2 L1 where present) reef include 1.24m @ 5.38
g/t 4E from 46.88m in hole BPR003; 1.05m @ 4.35 g/t 4E from 50.02m in hole
BPR008; 1.14m @ 5.52 g/t 4E from 42.35m in hole BPR016; 1.28m @ 5.77 g/t 4E from
52.54 g/t 4E in hole BPR017; 1.47m @ 4.45 g/t 4E from 154.12m in hole BPR021;
and 1.09m @ 5.08 g/t 4E from 50.98m in hole BPR022.
Significant results for the Merensky reef include 6m @ 5.79 g/ 4E from 10.90m in
hole BPR016; 2m @ 4.29 g/t from 34.06m in hole BPR017 and 1.04m @ 8.24 g/t from
145.67m in hole BPR021. In addition significant results for the Psuedo/Tarentaal
reef package include 4.04m @ 8.13 g/t 4E from 33.94m in hole BPR003 and 2.02m at
7.66 g/t 4E from 146.71m in hole BPR021.
All of the results reported to date are provided in Table 1 below. Results
reported include updated 4E assays for holes BPR002, 003, 004, 006 and 008.
Figure 1 below provides a plan showing the location of the drill holes reported.
Commenting on the latest results from the drilling at Rooderand, PLA Managing
Director John Lewins said: "These initial results are extremely encouraging and
confirm our early interpretation that the project area contains substantial UG2,
Merensky and Psuedo/Tarentaal Reef mineralisation from surface, consistent with
know deposits adjacent to Rooderand."
Heads of Agreement
Platinum Australia is acquiring up to 70% of the Rooderand Platinum Project
("Rooderand"), which covers the Portion 2 of the farm Rooderand 46JQ, under a
Heads of Agreement ("HOA") signed with Atla in May 2009. PLA has earned an
initial 30% interest in the project for making an initial payment of ZAR13.5
million following the issuing of a Prospecting Right in November 2009. PLA will
earn a further 35% interest in Rooderand for funding and completing a definitive
Feasibility Study on the project and a further 5% for arranging the financing
for the development of the project.
PLA is proposing to drill approximately 100 holes to enable the current Inferred
Resources of 11.8 Mt at 5.39 g/t 4E in the UG2 reef and 3.8 Mt at a grade of
7.99 g/t 4E in the Merensky Reef to be updated. This updated resource will form
the basis of the DFS.
JOHN D LEWINS
Managing Director
For further information
+------------------+-------------------+-----------------+------------------+------------------+
| John | Media | Media | AIM Nominated | UK Broker: |
| Lewins | enquiries | enquiries | Advisor: | RBC Capital |
| Managing | UK: | AUS: | Ambrian | Markets |
| Director | Ron | John Lewins | Partners | +44 207 653 4000 |
| Platinum | Marshman & | | Limited | |
| Australia | John | +61 8 9324 1491 | +44 207 634 4700 | |
| +61 08 9324 1491 | Greenhalgh | M: +61 419 910 | | |
| M: 0419 910 061 | Lothbury | 061 | | |
| | Financial | | | |
| | +44 020 7628 5518 | | | |
+------------------+-------------------+-----------------+------------------+------------------+
Glossary
4E - Platinum + Palladium + Rhodium + Gold
Moz - Million ounces
Mt - Million tonnes
Symbols and abbreviations; Pt is platinum, Pd is palladium, Au is gold, ppm is
parts per million which is equivalent to grams per tonne (g/t), m is metres.
UG2 - Upper Group Two
TABLE 1 LATEST SIGNIFICANT ROODERAND DRILL RESULTS
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| Hole |Easting |Northing | Reef | From | To |Width | Au | Pt | Pd | Rh |PtPdRhAu | Cu | Ni |
| ID | | | | | | | | | | | | | |
+ + + + +--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | | (m) | (m) | (m) | ppm | ppm | ppm | ppm | ppm | ppm | ppm |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
|BPR002 | 1398 |-2780086 | Merensky | 190.01 | 190.64 | 0.63 | 0.11 | 0.34 | 0.22 | 0.02 | 0.69 | 681 | 1277 |
| | | | HW | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| -80 | | | Merensky | 196.95 | 197.21 | 0.26 | 0.15 | 0.77 | 0.36 | 0.03 | 1.30 | 659 | 1300 |
| | | | HW | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| 330o | | | Merensky | 197.21 | 197.38 | 0.17 | 0.35 | 13.34 | 3.76 | 1.18 | 18.63 | 1638 | 2380 |
| TN | | | | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Merensky | 203.22 | 203.67 | 0.45 | 0.09 | 0.47 | 0.23 | 0.03 | 0.82 | 424 | 1116 |
| | | | FW | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Upper | 209.90 | 210.29 | 0.39 | 0.17 | 4.97 | 2.37 | 0.38 | 7.89 | 587 | 1901 |
| | | | Pseudo | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Tarentaal | 214.04 | 214.30 | 0.26 | 0.10 | 0.99 | 0.54 | 0.09 | 1.72 | 203 | 2404 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Upper | 214.30 | 214.50 | 0.20 | 0.22 | 3.14 | 1.51 | 0.25 | 5.12 | 608 | 2358 |
| | | | Pseudo | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Lower | 214.50 | 214.90 | 0.40 | 0.13 | 1.08 | 0.77 | 0.07 | 2.04 | 296 | 1784 |
| | | | Pseudo | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 | 224.15 | 225.00 | 0.85 | 0.02 | 3.08 | 1.24 | 0.57 | 4.92 | 10 | 1288 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 FW | 225.00 | 225.42 | 0.42 | 0.03 | 3.86 | 1.28 | 0.71 | 5.88 | 163 | 1035 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
|BPR003 | 1179 |-2778947 | Upper | 28.47 | 28.74 | 0.27 | 0.68 | 12.34 | 4.64 | 0.86 | 18.52 | 1350 | 3697 |
| | | | Pseudo | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| -80 | | | Tarentaal | 28.74 | 31.74 | 3.00 | 0.07 | 1.18 | 0.56 | 0.09 | 1.90 | 306 | 1888 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| 225o | | | Tarentaal | 33.94 | 36.94 | 3.00 | 0.31 | 4.86 | 2.23 | 0.34 | 7.74 | 1159 | 3611 |
| TN | | | | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Lower | 36.94 | 37.98 | 1.04 | 0.38 | 5.64 | 2.87 | 0.35 | 9.25 | 919 | 2159 |
| | | | Pseudo | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 HW | 37.98 | 38.18 | 0.20 | 0.09 | 1.27 | 0.58 | 0.07 | 2.02 | 278 | 891 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 | 46.88 | 48.12 | 1.24 | 0.02 | 3.40 | 1.35 | 0.61 | 5.38 | 14 | 1361 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 FW | 48.52 | 48.92 | 0.40 | 0.01 | 0.85 | 0.36 | 0.10 | 1.32 | 90 | 855 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
|BPR004 | 1289 |-2779291 | Merensky | 18.77 | 19.77 | 1.00 | 0.17 | 0.67 | 0.43 | 0.04 | 1.31 | 1140 | 1867 |
| | | | HW | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| -80 | | | Merensky | 34.21 | 34.75 | 0.54 | 0.20 | 0.72 | 0.41 | 0.05 | 1.38 | 1275 | 2427 |
| | | | HW | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| 225o | | | Merensky | 36.10 | 39.00 | 2.90 | 0.17 | 2.36 | 1.27 | 0.17 | 3.96 | 535 | 947 |
| TN | | | HW | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Tarentaal | 50.06 | 50.43 | 0.37 | 0.09 | 0.69 | 0.34 | 0.06 | 1.18 | 323 | 2257 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Lower | 50.43 | 51.23 | 0.80 | 0.12 | 1.31 | 0.76 | 0.12 | 2.32 | 402 | 1903 |
| | | | Pseudo | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 FW | 51.23 | 51.43 | 0.20 | 0.10 | 0.88 | 0.73 | 0.04 | 1.74 | 210 | 928 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 | 60.77 | 62.02 | 1.25 | 0.00 | 1.24 | 0.44 | 0.26 | 1.94 | 18 | 1287 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 FW | 62.02 | 62.62 | 0.60 | 0.02 | 2.42 | 1.01 | 0.28 | 3.73 | 222 | 576 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
|BPR006 | 1016 |-2779036 | Merensky | 14.45 | 15.15 | 0.70 | 0.14 | 2.05 | 1.17 | 0.16 | 3.52 | 357 | 674 |
| | | | FW | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| -80 | | | Tarentaal | 27.18 | 27.62 | 0.44 | 0.06 | 0.62 | 1.03 | 0.07 | 1.79 | 232 | 2200 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| 225o | | | Tarentaal | 30.48 | 30.70 | 0.22 | 0.01 | 0.98 | 0.28 | 0.10 | 1.36 | 12 | 1699 |
| TN | | | | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Lower | 30.70 | 31.30 | 0.60 | 0.05 | 2.27 | 1.02 | 0.15 | 3.49 | 78 | 1269 |
| | | | Pseudo | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 | 40.08 | 41.02 | 0.94 | 0.01 | 2.02 | 0.68 | 0.43 | 3.14 | 10 | 1345 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 FW | 41.02 | 41.22 | 0.20 | 0.01 | 0.32 | 0.21 | 0.09 | 0.61 | 10 | 667 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 FW | 42.36 | 42.56 | 0.20 | 0.01 | 2.42 | 0.71 | 0.31 | 3.44 | 44 | 861 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
|BPR008 | 1156 |-2779168 | Merensky | 20.43 | 20.68 | 0.25 | 0.11 | 0.45 | 0.26 | 0.03 | 0.86 | 670 | 1527 |
| | | | HW | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| -80 | | | Cont | 20.68 | 20.93 | 0.25 | 0.45 | 7.39 | 2.63 | 0.73 | 11.20 | 1868 | 3863 |
| | | | Merensky | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| 225o | | | Merenskyf | 20.93 | 21.13 | 0.20 | 0.02 | 0.51 | 0.15 | 0.02 | 0.70 | 36 | 98 |
| TN | | | FW | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Upper | 33.91 | 34.14 | 0.23 | 0.13 | 1.72 | 1.13 | 0.17 | 3.14 | 532 | 1826 |
| | | | Pseudo | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Tarentaal | 39.62 | 40.20 | 0.58 | 0.17 | 2.00 | 0.89 | 0.18 | 3.25 | 459 | 1915 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Lower | 40.20 | 40.50 | 0.30 | 0.07 | 0.92 | 0.69 | 0.05 | 1.73 | 343 | 1481 |
| | | | Pseudo | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 | 50.02 | 51.07 | 1.05 | 0.01 | 2.80 | 0.95 | 0.59 | 4.35 | 8 | 1134 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 FW | 51.07 | 52.67 | 1.60 | 0.00 | 0.41 | 0.13 | 0.07 | 0.61 | 16 | 614 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 FW | 54.77 | 54.97 | 0.20 | 0.01 | 1.34 | 0.10 | 0.20 | 1.63 | 10 | 722 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| Hole |Easting |Northing | Reef | From | To |Width | Au | Pt | Pd | Rh |PtPdRhAu | Cu | Ni |
| ID | | | | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | | (m) | (m) | (m) | ppm | ppm | ppm | ppm | ppm | ppm | ppm |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
|BPR014 | 1359 |-2779640 | Merensky | 182.93 | 185.94 | 3.01 | 0.26 | 0.75 | 0.74 | 0.05 | 1.80 | 838 | 1448 |
| | | | HW | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| -80 | | | Tarentaal | 190.15 | 191.16 | 1.01 | 0.03 | 0.38 | 0.16 | 0.02 | 0.58 | 113 | 1635 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| 225o | | | Tarentaal | 192.16 | 193.12 | 0.96 | 0.23 | 2.47 | 1.19 | 0.20 | 4.09 | 608 | 2284 |
| TN | | | | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Lower | 193.12 | 194.11 | 0.99 | 0.13 | 0.66 | 0.35 | 0.05 | 1.19 | 355 | 1457 |
| | | | Pseudo | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 L1 | 204.75 | 204.98 | 0.23 | 0.01 | 2.21 | 0.68 | 0.42 | 3.32 | 10 | 1263 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 | 204.98 | 205.71 | 0.73 | 0.01 | 2.46 | 1.51 | 0.56 | 4.54 | 10 | 1140 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 FW | 205.71 | 206.76 | 1.05 | 0.01 | 0.77 | 0.33 | 0.17 | 1.28 | 508 | 803 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG1 | 206.76 | 207.69 | 0.93 | 0.00 | 0.60 | 0.06 | 0.09 | 0.75 | 22 | 584 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
|BPR016 | 1010 |-2779247 | Cont | 10.58 | 10.90 | 0.32 | 0.32 | 2.23 | 0.61 | 0.13 | 3.28 | 704 | 2122 |
| | | | Merensky | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| -80 | | | Merensky | 10.90 | 16.90 | 6.00 | 0.51 | 3.39 | 1.77 | 0.12 | 5.79 | 932 | 1632 |
| | | | FW | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| 225o | | | Merensky | 25.33 | 25.77 | 0.44 | 0.05 | 0.64 | 0.61 | 0.06 | 1.38 | 123 | 1014 |
| TN | | | FW | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Upper | 25.77 | 26.68 | 0.91 | 0.02 | 0.39 | 0.28 | 0.06 | 0.75 | 79 | 958 |
| | | | Pseudo | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Tarentaal | 30.66 | 31.49 | 0.83 | 0.10 | 0.58 | 0.29 | 0.06 | 1.02 | 457 | 1834 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 L1 | 42.21 | 42.43 | 0.22 | 0.01 | 1.86 | 0.60 | 0.37 | 2.84 | 10 | 1270 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 | 42.43 | 43.35 | 0.92 | 0.01 | 3.63 | 1.66 | 0.85 | 6.16 | 10 | 1378 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 FW | 43.35 | 44.35 | 1.00 | 0.00 | 0.48 | 0.19 | 0.09 | 0.75 | 10 | 606 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
|BPR017 | 1185 |-2779347 | Cont | 24.98 | 25.48 | 0.50 | 0.17 | 1.21 | 0.56 | 0.15 | 2.09 | 881 | 1758 |
| | | | Merensky | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| -70 | | | Merensky | 34.06 | 36.06 | 2.00 | 0.18 | 2.50 | 1.29 | 0.23 | 4.19 | 416 | 701 |
| | | | FW | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| 225o | | | Upper | 36.06 | 36.42 | 0.36 | 0.13 | 2.27 | 1.12 | 0.26 | 3.77 | 474 | 1650 |
| TN | | | Pseudo | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Tarentaal | 41.46 | 42.19 | 0.73 | 0.05 | 0.37 | 0.16 | 0.02 | 0.60 | 139 | 1687 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | Lower | 42.19 | 42.98 | 0.79 | 0.08 | 0.59 | 0.33 | 0.05 | 1.04 | 150 | 1480 |
| | | | Pseudo | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 HW | 52.34 | 52.54 | 0.20 | 0.58 | 7.16 | 5.62 | 0.50 | 13.86 | 1541 | 3266 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 L1 | 52.54 | 52.75 | 0.21 | 0.02 | 1.83 | 0.56 | 0.35 | 2.77 | 10 | 1255 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 | 52.75 | 53.82 | 1.07 | 0.01 | 3.95 | 1.60 | 0.80 | 6.36 | 10 | 1374 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
|BPR021 | 901 |-2780376 | Merensky | 143.09 | 143.82 | 0.73 | 0.04 | 0.30 | 0.24 | 0.02 | 0.60 | 385 | 1085 |
| | | | FW | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| -80 | | | Merensky | 145.67 | 146.71 | 1.04 | 0.37 | 4.55 | 3.13 | 0.19 | 8.24 | 1260 | 3072 |
| | | | FW | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| 225o | | | Tarentaal | 146.71 | 148.73 | 2.02 | 0.29 | 3.91 | 3.25 | 0.21 | 7.66 | 675 | 1742 |
| TN | | | | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 HW | 152.14 | 153.14 | 1.00 | 0.04 | 0.86 | 0.37 | 0.08 | 1.35 | 261 | 1133 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 L1 | 154.14 | 155.00 | 0.86 | 0.03 | 3.05 | 1.08 | 0.59 | 4.74 | 10 | 1188 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 | 155.00 | 155.61 | 0.61 | 0.01 | 2.57 | 0.90 | 0.58 | 4.05 | 10 | 1161 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 FW | 155.61 | 157.48 | 1.87 | 0.00 | 1.16 | 0.41 | 0.26 | 1.84 | 10 | 754 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
|BPR022 | 1031 |-2779433 | Tarentaal | 39.47 | 40.48 | 1.01 | 0.03 | 0.35 | 0.20 | 0.04 | 0.62 | 26 | 1597 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| -80 | | | Lower | 40.48 | 41.22 | 0.74 | 0.08 | 0.90 | 0.40 | 0.07 | 1.45 | 140 | 1404 |
| | | | Pseudo | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| 225o | | | UG2 L1 | 50.98 | 51.18 | 0.20 | 0.01 | 2.32 | 0.80 | 0.40 | 3.53 | 10 | 1231 |
| TN | | | | | | | | | | | | | |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 | 51.18 | 52.07 | 0.89 | 0.01 | 3.48 | 1.24 | 0.71 | 5.43 | 10 | 1319 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
| | | | UG2 FW | 52.07 | 52.80 | 0.73 | 0.01 | 0.60 | 0.14 | 0.06 | 0.80 | 10 | 797 |
+--------+---------+----------+-----------+--------+--------+-------+--------+-------+------+------+----------+------+------+
Intercept Parameters
4E PGM + Cu + Ni (NIS/MS) Minimum intercept 0.1m @ 0.5 ppm
Lower cutoff grade 0.5 ppm
Top cut grade 999 ppm Max consecutive waste - 3m
Maximum total waste 3m
· Assays are fire assays with a nickel sulphide collection and ICP - MS
determination by Genalysis Laboratory, Johannesburg, South Africa, a NATA
accredited laboratory No ISO/IEC 17025.
· Widths are intersected widths, not true widths. Holes are generally
drilled at 80o from the horizontal towards the reefs which dip approximately 10
- 15 o. Therefore true widths are generally 90% or higher of intersected width.
Figure 1 Rooderand Drill Hole Location Plan
To see full announcement, including Figure 1 above, please go to our website
www.platinumaus.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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