(Vancouver) Platinum Group Metals Ltd. (PTM-TSX; PTMQF-OTCBB) will conduct a teleconference in conjunction with today''s release. The teleconference begins at 10:00 a.m (Eastern Time) on Thursday, January 11th, 2007. Members of the news media, investors and the general public are invited to access a live webcast of the conference call via the PTM website at www.platinumgroupmetals.net or at: http://www.vcall.com/IC/CEPage.asp?ID=113004. The webcast will remain on the PTM website.
A replay of the conference call will be available after the live call via toll-free access at 1-888-509-0081 (Passcode: 638519). It will expire on January 18, 2006.
Platinum Group Metals Ltd
PTM is based in Vancouver, BC, Canada and Johannesburg, South Africa, with a dual-continent management team who provide successful track records of more than 20 years in exploration, mine discovery, mine construction, and mine operations.
Formed in 2000, PTM is focused on the development of platinum operations in both countries. PTM holds significant mineral rights in the Northern and Western Limbs of the Bushveld Igneous Complex of South Africa including a joint venture with Anglo Platinum Limited on the Western Limb of the Bushveld Complex. PTM has earned a 37% interest in the Western Bushveld Joint Venture. Further areas are under drilling investigation.
On behalf of the Board of
Platinum Group Metals Ltd.
"R. Michael Jones"
President and Director
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For further information contact:
R. Michael Jones, President
Erin Airton, Manager of Communications/Strategic Planning
or John Foulkes, Manager Corporate Development
Platinum Group Metals Ltd., Vancouver
Tel: (604) 899-5450 / Toll Free: (866) 899-5450
Larry Roth
Roth Investor Relations, NJ
Tel: (732) 792-2200