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Platinum Group Metals - WBJV, South Africa

I visted Platinum group Metals' Western Bushveld JV (WBJV) property on February 7, 2013.  

WBJV is a development stage project aiming to mine the Merensky and UG2 reefs on the Western Limb of the Bushveld Complex in N South Africa.  The advantage of the property is that, although it will have to be mined from underground, it is much shallower than other Western Limb projects under development or close to development.  

The Northern decline is now approaching 1,000m inclined depth, but this is only ~160m below surface.  The Merensky Reef will be intersected in early April 2013. Production is expected to start in Q4 2014.

Andrew Jackson

 

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