The Maseve platinum mine site is located on the Western Limb of the Bushveld Complex approximately 35km north west of the town of Rustenburg. The mine is currently in operation and will extract and process platinum group metals and associated minerals from the Merensky and UG2 Reefs over a 20 plus year mine life. The mine exploits one of the last large, near surface sections of the Merensky Reef above 1,000 meters deep. The shallow depth and high grade at the WBJV offers lower capital and operating costs along with better working conditions compared to the older, deeper platinum mines operating nearby. Concentrate produced at Maseve is shipped to the nearby Waterval smelter owned by Anglo American Platinum. Platinum Group owns 83% of the Maseve mine.
Maseve Technical Report – August 28, 2015
Mineral Resources were completed by Charles Muller of CJM Consulting, and the Mineral Reserves were prepared under the supervision of GertRoets of DRA. See details in press release and 43-101 reports on www.sedar.com and Company website.