Agnew Lake

The large Agnew Lake Intrusion is located approximately 70 kilometres west of nickel-copper-PGE mining center of Sudbury, Ontario, Canada and is similar to the River Valley Intrusion located approximately the same distance east of Sudbury.

The rare layered and PGM concentrating nature of these two bodies has attracted Anglo Platinum from South Africa. To date Anglo Platinum has funded in excess of $2,500,000 in exploration on the Angew Lake Property testing several zones of PGM mineralization located along the basal contact of the Agnew Lake Intrusion.

Platinum Group controls a 72.83% interest in the Agnew Lake Property and Anglo Platinum, through Canadian subsidiary Kaymin Ltd., controls a further 26.17% interest.

Surface results included numerous areas of elevated platinum and palladium and drilling to date has not been encouraging enough to warrant further work. Platinum Group and Kaymin, a subsidiary of Anglo Platinum, continue to hold the property.   No further work is recommended at this time.